- Nov 21, 2009
- 3,002
- Category........
- FSW
- Visa Office......
- London
- LANDED..........
- May-2010
When u make the draft, it'd be mentioned there as to which Canadian bank & branch that drafet is drawn on. Every overseas bank which has this facility of Forex Drafts, has a tie-up with some Canadian bank.mrdynamo said:Hai Qorax,
First thanks for your prompt reply.i don't understand answer B,ie.drawn @ the same city.pls explain it.actually, i want to land toronto.
Eg.: If u make a draft from Al Fardan Exchange, it'll be payable@BMO-Toronto.
Thus, if the draft is payable@Toronto & u open any a/c in any bank@Toronto - the amount will be credited to your a/c (any bank it maybe) within 48hrs.
Situation-1: If u have that above draft, but land & open an a/c in any bank@Montreal - it'd be credited to your a/c in 7-10 days.
Situation-2: If u land & open an a/c in BMO in Vancouver, it'd still be credited into your a/c in 48hrs. 'coz the drawee bank remains the same.
Situation-3: If u land & open an a/c in any bank (other than BMO)@Calgary - it'd take 7-10 days to get credited in that a/c.
I hope u got that now?
Qorax