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proof of funds u.s. cashiers check

monggomasus

Member
Dec 13, 2004
17
0
i will be landing in two weeks. can i use a u.s. cashiers check to open and deposit money in a canadian bank? at this point, i think my best option to transfer money from the states is using a cashiers check provided it will be accepted by a canadian bank. is anybody familiar with this issue? thanks.
 

PMM

VIP Member
Jun 30, 2005
25,494
1,950
Hi*-+++++++++++++++++++++++++++

monggomasus said:
i will be landing in two weeks. can i use a u.s. cashiers check to open and deposit money in a canadian bank? at this point, i think my best option to transfer money from the states is using a cashiers check provided it will be accepted by a canadian bank. is anybody familiar with this issue? thanks.
Yes, that is ok, but it will take about 30 days to clear in a Canadian Bank.

PMM
 

monggomasus

Member
Dec 13, 2004
17
0
finpro,
so i have to notify both u.s. and canadian authorities that i am carrying 10k? btw, i am leaving from the united states.
pmm ,

you are right.
i talked to hsbc canada and the customer service said that clearing of the check could take 30 days, but it could be as few as 6 days. i guess i have to assume that 30 days. you have any idea what would be a good bank to go to?