Cash from immigrants from California

There is no limit on the amount of cash brought into Canada, but foreign currency exceeding US$ 65,438+Canadian $0,000 or its equivalent must be declared. However, there is a limit to the amount of cash that China can take out of the country. At present, each person is limited to bring foreign currency worth 5000 dollars. If it exceeds this limit, you need to apply for the corresponding foreign currency carrying license.

You can make a draft from the Bank of China and withdraw it from the Bank of China in Vancouver or Toronto. Deposit cash first, and then use passbook and ID card to handle the draft. Directly handling cash bills, you must have a cash withdrawal certificate and ID card. The handling fee for handling the draft is about 50 yuan RMB.

What are you doing with so much cash? Needless to say, when you save money, you have to explain the source of the cash. Buying a house is not enough, and buying a car seems to be in no hurry. Money is deposited in banks in Canada, and the monthly interest rate is very high, which is much higher than the handling fee for handling bills. Don't worry about the handling fee for handling bills. You can't use so much change. Adults should apply for a credit card in addition to a passbook. When we first went, we started using credit cards before we ran out of two thousand Canadian dollars in cash.