Transporting Funds
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- Posts: 5
- Joined: Fri Dec 23, 2016 2:47 pm
Transporting Funds
I am looking for advice on the best way to transport money from Canada to Hong Kong! Thanks :)
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- Posts: 76
- Joined: Thu Jan 19, 2012 4:34 pm
- Location: Between 1960-69
Re: Transporting Funds
If you have a bank account in Hong Kong with which to transfer the money - https://transferwise.com
You won't be able to beat them for value in terms of digital transfers.
You won't be able to beat them for value in terms of digital transfers.
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- Posts: 5
- Joined: Fri Dec 23, 2016 2:47 pm
Re: Transporting Funds
Well virtual or cash... But I suspect it would not be wise to take upwards of $10,000 CAD in cash ahah- So I should go to HK, open a bank account then virtually transfer my money? I could of course take a smaller amount in cash for the first few weeks.
Re: Transporting Funds
Carry some cash. Make sure your bank will let you access more cash via your cards. Transfer the rest virtually when you have an account.
Response
I would bring enough coin or currency instruments to handle a months living expenses, and then once you arrive in HK you can open an account and go though the process of verifying your access to the accounts and then wire or digitally transfer additional funds as you deem appropriate.