Transfer of Funds


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tharun   
Member since: Aug 07
Posts: 11
Location:

Post ID: #PID Posted on: 28-08-07 03:50:06

Hi All

I'm moiving to TO next month.
Can any one suggest if I could tranfer fund from my ICICI India (NRI) to ICICI Canada. Will there be any taxation?

Is there any other means of transfering funds?


Regards



balaq8   
Member since: Jul 05
Posts: 111
Location:

Post ID: #PID Posted on: 28-08-07 06:18:26

Welcome to Canada!
If you have NRI account in India, you can transfer your money to Canada,
This can be done only after you open a new account in ICICIC Bank in Canada.


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Bala


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

Post ID: #PID Posted on: 28-08-07 12:47:11

Hi !
if you are IMMIGRATING to Canada you are eligible to bring all your funds to Canada w/o any tax implications ..
You can open an account with RBC Canada online and transfer your funds else you can also get a DD in your name and bring it along . This way you will have a choice to chose bank of your suitability ..About ICICI there had been numerous negative comments ( and only negative ) on the board if you search ..
Hope this helps ..
Ashwani goel


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