Wednesday, December 27, 2006

Getting Draft for Acceptance deposit

I checked with various banks today for getting the draft of 2000$ cad to be submitted as acceptance deposit. To my dismay, ICICI and HDFC do not issue drafts in Canada dollars. These banks offer only for USD, GBP, and Euro's. Kind of preferential treatment.

Checked with one of the national bank, and it readily offered me the service through its NRI branch. I checked and compared the conversion rate and service charges of the national bank and with Thomas Cook. I am saving about 2000 Rs. by going with National bank.

So, my advice stick with the national bank (my case, it is Karnataka bank) for peace of mind.

No comments: