How to transfer 30000 dollars from canada to somewhere else in the world?

My bank is CIBC here in Canada. Suppose i write a check of 30000 dollars to a person living in India, will that person be able to cash it at whatever bank they hold an account in India? What other ways are there to do this. I only know of western union where they don't allow more than a 1000 dollar transfer.

Best Answer:

YKhan: A Canadian cheque won't work in India. You would need to send them a wire transfer or a money order through your bank to their bank. Another way to send it would be through Western Union or something else similar to that. WU would charge a bit of a transaction fee for it too, so it would have to be more than $30,000 that you would have to give.

Other answer:

YKhan:
There are a few ways to electronically transfer $CDN 30,000 for much less. Your bank can explain how it can be done for way less. Also, they may have a "correspondent" bank in India that can honor your check in either Canadian or Indian money.

PS: You will need to know your Indian person's bank name, routing number, and account number.

Donald B:
Wire it to the Indian bank.
Dash:
Your bank in Canada could wire transfer the money directly into the account of the person in India. You would need to know what bank and the account number.

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