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Parkway Van Lines
1199 Newmarket Street
Ottawa, Ontario
K1B 3V1
(613) 744 - 4781

Pre-Planning Your Overseas Move

CHECK ON YOUR INSURANCE POLICIES, LAST WILL AND TAX RECORDS
  • Find out from your insurance agent whether your Homeowner Policies will be valid in the area for which you are bound.
  • It may be necessary to take out new policies at destination.
  • Leave all the necessary information with an appropriate person and if necessary, appoint an executor.
  • Tax returns and documents should be left where they are readily available.
FINANCIAL MATTERS DECIDE WHAT TO DO ABOUT YOUR ACCOUNTS
  • Credit Cards : Take them or leave them behind, cancel or apply for more appropriate ones.
  • Bank Accounts : Charge Accts. : Switch to limited checking, submit a Power of Attorney and/or add a signature card, or close accounts all together.
  • Make arrangements for payment of loans.
  • Leave your jewelry in a safety deposit box, entrust them with a friend or take them along. Consider other high value items such as bonds and valuable collections and papers.
  • Make arrangements for monthly income. Advise your bank of your leaving and check the safest methods of money transfers.
FOREIGN EXCHANGE
  • You will be subject to the exchange controls imposed by your destination country, i.e. the amount of money you can bring into or take out of the country may be strictly limited.
  • Obtain information concerning this from either the Consulate or your bank in advance of your departure date. Keep in mind that exchange rates fluctuate and the dollars you take along may be worth more or less in foreign currency than you expected.
  • You may find an adjustable money converter or currency conversion table convenient. Your bank, travel agent or international airline should be able to provide one.
OBTAIN YOUR TRAVELLER’S CHEQUES
  • Also obtain some currency of the country or countries to which you’ll be going. Small bills and change are useful for phone calls, tips, taxi fares....
Return to: Planning Your Overseas Move


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John Smillie
(613) 724-6259
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