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KoreanLifer
Joined: 30 Jan 2003
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 Posted: Thu Nov 18, 2004 1:52 am Post subject: wire transfers to Canada: how much can u send maximum? |
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| planning to leave Kr very soon with nearly 70,000,000w.whats my best option to getting it back to a Canadian bank without getting red flagged by Revenue Canada.whats maxiumum amount u can send in 1 wire transfer to Canada? |
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hellofaniceguy
Joined: 10 Jan 2003
Location: On your computer screen!
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| Posted: Thu Nov 18, 2004 3:26 am Post subject: |
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You send whatever you want to send back. Wiring or carrying in on your person. Anything over 10K US dollars has to be declared.
As for red flags.... the bank will notify the tax man in Canada. Depending on how long you have been out of Canada and a few other variables will determine any taxes owed.
Your best bet in ask on line Revenue Canada for the CORRECT answers. |
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peemil
Joined: 09 Feb 2003
Location: Koowoompa
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| Posted: Thu Nov 18, 2004 3:54 am Post subject: |
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