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Help! canadian pension= cheque for lump sum

Help! canadian pension= cheque for lump sum

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Old May 12th 2018, 4:56 pm
  #16  
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Default Re: Help! canadian pension= cheque for lump sum

Originally Posted by Aviator
CRA get a taxpayer to sign a form confirming the loss and will re issue the cheques. As far as I know CRA do not make payments in a foreign currency. There is a form for direct deposit, but it is for Canadian banks. There will likely be wire fees if you can get them to send to a foreign bank account.

Direct deposit for individuals with a foreign bank account - Direct deposit - Receiver General for Canada - PSPC - Canada.ca
Direct deposit for individuals with a foreign bank account

The Government of Canada offers direct deposit in many countries around the world. The current list of eligible countries, payments and benefits, and the enrolment form can be found on this page.
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Old May 23rd 2018, 3:22 am
  #17  
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Default Re: Help! canadian pension= cheque for lump sum

Originally Posted by Aviator
How about Tim cards then?
Lol
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Old May 23rd 2018, 3:42 am
  #18  
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Default Re: Help! canadian pension= cheque for lump sum

Originally Posted by Aviator
CRA get a taxpayer to sign a form confirming the loss and will re issue the cheques. As far as I know CRA do not make payments in a foreign currency. There is a form for direct deposit, but it is for Canadian banks. There will likely be wire fees if you can get them to send to a foreign bank account.
They do make payments in foreign currency. For some years I had them direct deposit to a U.S. account in U.S. dollars...subject to exchange rate of course. I see a link has been posted above.
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Old May 24th 2018, 8:47 am
  #19  
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Default Re: Help! canadian pension= cheque for lump sum

Thanks, everyone for your contributions.
it was a misunderstanding on my part. the cheque has now been sent for collection which takes about 6-8 weeks
they initially refused negotiation as it is a large cheque.
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Old May 28th 2018, 6:24 pm
  #20  
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Default Re: Help! canadian pension= cheque for lump sum

I am sorry, can not give an advice about money transfer. Madina, could you please tell how do you terminated BC pension? I want to do the same.
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