Hi All,
I'm planning to land next month. I'll bring CAD 25000 with me. I've 2000 CAD DD from an Indian Bank for which I've paid INR and it is in CAD in my name. I'm also carrying 5000 cash.
As the total amount is more than $10K I believe I need to declare it, right?
One of my friends who has just landed has told me that during immigration they might scrutinize the source of my funds. Is it true? If yes, what are the supporting proofs that I need to carry for my Demand Draft?
Also, I made this DD from my father's account. Is that a problem?
Basically, I had 4 fixed deposits in my name. I cancelled 3 small ones and deposited money to my account. One had matured about a month back and I'd got a FD issued in my father's name with that money. For some reason I had to prepone my trip and to prepare funds to go I cancelled this FD that was now in my Father's name also and deposited the money to my account. Then I realized that my bank does not prepare CAD DDs so I transferred all the money to my Father's account and got the DD issued from that account.
Now the source is basically my FDs but the DD has been prepared from my father account and in one step for about one month one FD was in my Father's name. Is this whole thing a problem? Is there a chance that I need to prove this at the time of Landing? What documents should I carry with me? I've copies of my cancelled DDs. Should I carry? What else should I carry?
This is my money and my salary documents support my earnings. I'm getting worried because at the time of applying the guidelines per CIC are that the funds should be our money. As i said above this is my money but my question is do I have to prove it again now?
Chann
I'm planning to land next month. I'll bring CAD 25000 with me. I've 2000 CAD DD from an Indian Bank for which I've paid INR and it is in CAD in my name. I'm also carrying 5000 cash.
As the total amount is more than $10K I believe I need to declare it, right?
One of my friends who has just landed has told me that during immigration they might scrutinize the source of my funds. Is it true? If yes, what are the supporting proofs that I need to carry for my Demand Draft?
Also, I made this DD from my father's account. Is that a problem?
Basically, I had 4 fixed deposits in my name. I cancelled 3 small ones and deposited money to my account. One had matured about a month back and I'd got a FD issued in my father's name with that money. For some reason I had to prepone my trip and to prepare funds to go I cancelled this FD that was now in my Father's name also and deposited the money to my account. Then I realized that my bank does not prepare CAD DDs so I transferred all the money to my Father's account and got the DD issued from that account.
Now the source is basically my FDs but the DD has been prepared from my father account and in one step for about one month one FD was in my Father's name. Is this whole thing a problem? Is there a chance that I need to prove this at the time of Landing? What documents should I carry with me? I've copies of my cancelled DDs. Should I carry? What else should I carry?
This is my money and my salary documents support my earnings. I'm getting worried because at the time of applying the guidelines per CIC are that the funds should be our money. As i said above this is my money but my question is do I have to prove it again now?
Chann