Hello Everyone, I am travelling to Vancouver on Study permit, want ask what is the best medium to carry money for…

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Hello Everyone, I am travelling to Vancouver on Study permit, want ask what is the best medium to carry money for initial expenses such as rent, security deposit, daily expenses etc. So, Cash in INR or CAD after conversion or transfer to GIC account or through Forex card? Which one is the best? Will appreciate if someone can share their first hand experience. P.S. I already have unused amount in my GIC account as I was attending classes online for last two semesters. Urgent Response will be appreciated! Thanks in advance!

Asked by Wei Zhangvia community2 months ago

Full guide

Carrying money for your first weeks in Canada: forex cards, USD, GIC and SIN logistics

7 Answers

Sylvester Ranjith thanks Much! One more quick question: I have some 500 USD which I would be carrying along! Any suggestions on how to consume them? Should I get them exchanged from India or at Airport in India or should do it once I land in Canada and… See more

Fatima Al-Sayedvia community2 months ago

Devyanshu Arya thanks Much! One more quick question: I have some 500 USD which I would be carrying along! Any suggestions on how to consume them? Should I get them exchanged from India or at Airport in India or should do it once I land in Canada and th… See more

Tomasz Nowakvia community2 months ago

Rajat Ahluwalia Also for your GIC and SIN. Stand in line early morning around 7 am or before to directly get a appointment for SIN else you will need to wait for 10 to 13 days for appointment . Also for GIC visit bank with passport and one more id docu… See more

Maya Okonkwovia community2 months ago

Rajat Ahluwalia you can apply for Niyo global card and can use it anywhere if you transfer INR in that. That's the DCB bank card which u get in one day. I also carried the same. You can start using it from the very first date. I had to travel from thir… See more

Daniel Chovia community2 months ago

Rajat Ahluwalia see if you have USD get it changed in India. You will be free of Mind. Once you get off from immigration. It will hard for you to locate the centre. Secondly. Open a Paypal account. Here Uber gets linked to Paypal account or credit car… See more

Priya Nairvia community2 months ago

You can carry it through a forex card or ask someone to do an international transfer to you once you come to canada and activate your bank account

Lucas Ferreiravia community2 months ago

1. Forex card : you can buy everything by swiping and even do online payment

Amara Diallovia community2 months ago