Transferring INR to CAD/USD


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wartsup   
Member since: Oct 04
Posts: 16
Location: Beautiful B.C

Post ID: #PID Posted on: 28-09-07 11:34:43

I am a PR of canada, i have some INR which amount to CAD 20k,my brother will be coming here on a visit and i wish for him to bring the 20k with him.
Which is the best way to transfer the INR to CAD/USD,so that he does not have to pay too much tax or commissions,Is it better to get it in travellers cheque or do a bank to bank transfer.?
Thx



AshwaniG   
Member since: Jul 04
Posts: 1484
Location: Convinient

Post ID: #PID Posted on: 28-09-07 13:14:16

If permitted bank transfer is the safest , easiest and convenient way of getting your money off shore ..Second best option is travellers cheque .. they can be renewed in case of lost , stolen or damaged due to any unforseen circumstance ..


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