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traveller check

M

ma76

Member
Aug 4, 2011
11
0
Hi,

Can anyone help me and give me the answer please. I am landing on 12th of August at Torornto in Federal Skilled worker category. Can i show traveller check on my name given by uncle as proof of funds. Afetr entering into Canada i can deposit this into my account. Basically its my money & i can withdraw cash at any time. Is it ok to show this at airport?

Thanks

m
 
L

letsgoabroad

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ma76 said:
Hi,

Can anyone help me and give me the answer please. I am landing on 12th of August at Torornto in Federal Skilled worker category. Can i show traveller check on my name given by uncle as proof of funds. Afetr entering into Canada i can deposit this into my account. Basically its my money & i can withdraw cash at any time. Is it ok to show this at airport?

Thanks

m
Click to expand...
During withdrawing any TC, Bank (in Canada) will ensure same signature bellow of the TC. If both signatures are same, then no problem to make it cash. If it is shown that your uncle signed it already, then it will not be excepted. I think so.
 
J

jnathan

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ma76

what do you actually wanna do?
 
M

ma76

Member
Aug 4, 2011
11
0
Hi

I am clearly stating that my uncle giving me a TC but in my name, does it would be fine to show on the airport as a proof of funds.

thanks

m
 
Cappuccino

Cappuccino

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ma76 said:
Hi,

Can anyone help me and give me the answer please. I am landing on 12th of August at Torornto in Federal Skilled worker category. Can i show traveller check on my name given by uncle as proof of funds. Afetr entering into Canada i can deposit this into my account. Basically its my money & i can withdraw cash at any time. Is it ok to show this at airport?

Thanks

m
Click to expand...
Surely the idea is that you must show these are YOUR funds, and that these funds are unencumbered by debt.

If it is your money why is your uncle writing the check?

If your uncle is giving you this money as a gift, IMO you would also need a signed affidavit that this money is a gift and does not have to be repaid. You would also need to investigate the tax implications in your own country of receiving such a large gift since you may need to pay income tax on it.

If your uncle is lending you the money, then that is not allowed.

Wayne.
 
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