Thank you Anoop. I am afraid your answers opened doors to few more questions. Please suggest on below queries.
2. Any particular bank you suggest that is good in Service or No. of branches/ATM ? I have account in ICICI here.
Considering I have account in ICICI -
- How should I show my funds proof at the airport if asked? Will my Indian ICICI bank statements work considering the amount will be in INR?
- Around how much funds in CAD do I need to carry with me while travelling from India to Canada?
- What are the modes with which I can travel with foreign currency from India. I have heard about international debit cards or travel cheque. Not sure about them and any other mode.
- How will I get my INR in my ICICI bank transferred into CAD (into Canadian Bank)? Do I need to contact Indian ICICI bank to get my funds transferred to Canada Bank or will Canadian Bank do it on my behalf?
4. Do I need to have a post-paid mobile number? Will a rented accommodation or shared accommodation work for the address proof?
1) TD is the bank suggested by my friend, as it has many branches and it has many of its own ATMs. However, i do created for another bank as well for my spouse.
2) How should I show my funds proof at the airport if asked? Will my Indian ICICI bank statements work considering the amount will be in INR?
Yes, a latest bank statement shoudl suffice. However, you can even get a letter from bank manager saying that the amount in your account is worth so and so CAD. I traveled from UK. I took my bank statement from UK and had some from India too. However, nothing was asked. Rare chance for them to ask these things at airport
3) Around how much funds in CAD do I need to carry with me while travelling from India to Canada?
Depends, i carried less only as i planned to stay there for 1 week only. Also i stayed with my friend only.
4) What are the modes with which I can travel with foreign currency from India. I have heard about international debit cards or travel cheque. Not sure about them and any other mode.
You could carry cash, if its less than 10000 CAD. However, carry some in cash and have an international travellers card or cheque to be on safer side.
5) How will I get my INR in my ICICI bank transferred into CAD (into Canadian Bank)? Do I need to contact Indian ICICI bank to get my funds transferred to Canada Bank or will Canadian Bank do it on my behalf?
Once you open CAD bank acocunt, they will give wire transfer details when you mention that you have some amount to transfer. You could use this method, or you could use normal transfer methods from bank or other agencies like transferwise etc. I dont think that you need to contact any one for this.
6) Do I need to have a post-paid mobile number? Will a rented accommodation or shared accommodation work for the address proof?
I took a postpaid number only as its cheaper and i needed the credit history to start building. Accommodation, that should be ok, provided you gave that address for your SIN. If you have any friends address, give that as base address every where, but you can stay any where.
All answers from my knowledge and experience and just for guidance.