False refusal of FSW PR application _ insufficient funds

[iSaidGoodDay]

Hi everyone.
Does anyone have experience with a false refusal of FSW PR application with a rejection reason of insufficient funds?
I have CAD 27000 for a family of 4, while the minimum stated in IRCC website is CAD 24700. In my proof of funds I have shown 20000USD which is equivalent to CAD 27600 on the day of my application submission. The money is on my USD visa card and is free to use. The money was available for the last 1 year back from the application date.

Any advise what to do? Can I appeal the decision of the officer? What are my chances then?

Did the bank letter mentioned "USD $20,000" or does it say "$20,000"?

 

[annajustsmile]

What is your CRS score? It might be cheaper and quicker to just re-apply

My CRS is 501 but my ielts is valid till 21.04.2023

 

[annajustsmile]

Did the bank letter mentioned "USD $20,000" or does it say "$20,000"?

It mentioned: Card type: Visa classic USD. Available amount 20123. Equivalent amount in USD - 20123.

 

[Narmed]

I didn't put the CAD in my bank letter either. My application was processed flawlessly. In fact, I asked my bank specifically to add the CAD amount, the bank refused. My bank told me that IRCC would call and confirm. So "putting yourself in X's shoes" has nothing to do with it. Browse the forum and see how many banks don't give out CAD amount in the letter and it is perfectly acceptable. Since you are new, it'll help to check practical info.

I don't think that the core issue here is CAD amount at all. Either the officer miscalculated or OP did something very wrong.

Thank you for your advise

 

[annajustsmile]

@iSaidGoodDay Do you have any idea how to appeal? I know that this is a good option when the refusal is because of the officer's mistake but have no idea how to process with it.

 

[Daren2023]

@Narmed, it sounds weird that it says "Visa Classic", that means credit card. They need a bank account, not a credit card.

 

[annajustsmile]

@Narmed, it sounds weird that it says "Visa Classic", that means credit card. They need a bank account, not a credit card.

It's a card attached to an account. Account number is also stated...

 

[Daren2023]

I would remove the "Visa Classic" and then reapply, you have lots of time to re-apply before April 21st. All your documents are ready. So just get an updated bank letter with just the bank account number and re-submit your documents. I am sure they will do another draw before then.

 

[CNP]

It's a card attached to an account. Account number is also stated...

Reading the entire thread, it seems officer the was confused with amount available in your account vs credit limit on card (unless there is mention of card and account link which again could be tricky and difficult to grasp). Ideally you should have avoided "card" part and just mention that you have required amount in your account readily available to you and devoid of any loans.

I think you should read your POF letter and understand if it clear enough (if okay you can also paste here for others to help you out)

 

[iSaidGoodDay]

Reading the entire thread, it seems officer the was confused with amount available in your account vs credit limit on card (unless there is mention of card and account link which again could be tricky and difficult to grasp). Ideally you should have avoided "card" part and just mention that you have required amount in your account readily available to you and devoid of any loans.

I think you should read your POF letter and understand if it clear enough (if okay you can also paste here for others to help you out)

In most cases, the letter clearly states the balance. The verbiage in OP's case feels confusing as we don't usually have card info on POF. The POF letter from bank also has outstanding debts listed in it as well.

Hard to say anything unless OP shares the POF letter.

 

[CNP]

In most cases, the letter clearly states the balance. The verbiage in OP's case feels confusing as we don't usually have card info on POF. The POF letter from bank also has outstanding debts listed in it as well.

Hard to say anything unless OP shares the POF letter.

Yes agree. Better to keep account balance and card separate. The clubbing of the two seems to have been cause of confusion.

Regarding cards, I was referring to card attached to account as mentioned by OP. Of-cousre we need to declare credit card info.

 

[Sen_]

In most cases, the letter clearly states the balance. The verbiage in OP's case feels confusing as we don't usually have card info on POF. The POF letter from bank also has outstanding debts listed in it as well.

Hard to say anything unless OP shares the POF letter.

Hi! Read the thread. From what I understoond, in OP's case the fact that the money is on a card-linked bank account doesn't mean it's a loan as OP said in POF it was mentioned OP had no debts to the bank. In this case would you consider re-applying or appealing?

 

[annajustsmile]

Dear all, thanks for all comments. I would like to know whether anyone had an experience of appeal. How can I proceed with appeal? This is clearly the mistake of the officer.

 

[iSaidGoodDay]

Hi! Read the thread. From what I understoond, in OP's case the fact that the money is on a card-linked bank account doesn't mean it's a loan as OP said in POF it was mentioned OP had no debts to the bank. In this case would you consider re-applying or appealing?

I'm not sure why you are asking me to read the thread again, I'm not saying it is a loan/debt either. I'm saying that the POF verbiage is confusing. If OP's POF was confusing + bank verification resulted into another confusing verbiage - technically that could lead to rejection. Without looking at the POF letter, no one can tell what happened.

The only issue I see is that, just like how PCCs scanned in black and white lead to a non-appeal-able rejection, OP might not be able to appeal against this decision. Good thing is that OP is at 501 CRS, so technically another ITA is possible in a few weeks/months.

 

[Sen_]

I'm not sure why you are asking me to read the thread again, I'm not saying it is a loan/debt either. I'm saying that the POF verbiage is confusing. If OP's POF was confusing + bank verification resulted into another confusing verbiage - technically that could lead to rejection. Without looking at the POF letter, no one can tell what happened.

The only issue I see is that, just like how PCCs scanned in black and white lead to a non-appeal-able rejection, OP might not be able to appeal against this decision. Good thing is that OP is at 501 CRS, so technically another ITA is possible in a few weeks/months.

You misunderstood me. I meant that I read the thread. Thanks for your clarifications!