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proof of fund problem

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
hi
i have been ask for proof of fund with medical request

i am selling my vehicle and some other stuff no the problem is that if put it in the bank account i wont be able to proof the money is mine.

i have been told that i can put my money in a fix deposit for three months and thei wont be any problem is this true
 

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
i really need help
 

asyousuf

Champion Member
Jan 7, 2010
1,133
57
Category........
Job Offer........
Pre-Assessed..
LANDED..........
April 2011
gacajias said:
hi
i have been ask for proof of fund with medical request

i am selling my vehicle and some other stuff no the problem is that if put it in the bank account i wont be able to proof the money is mine.

i have been told that i can put my money in a fix deposit for three months and thei wont be any problem is this true
Dear...if the money is in your account than u do not need to prove that it is yours and do not belong to others. Issue is time. If u deposit it now and submit statement with recent deposits, becomes suspicious that arrangement is made through some sources to prove your ability otherwise u do not actually have liquidity.

No matter how u arrange, need to ensure that reasonable time has passed after deposit...say 6 months. Three months sometime works but risky

gud luk
asyousuf
 

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
asyousuf said:
Dear...if the money is in your account than u do not need to prove that it is yours and do not belong to others. Issue is time. If u deposit it now and submit statement with recent deposits, becomes suspicious that arrangement is made through some sources to prove your ability otherwise u do not actually have liquidity.

No matter how u arrange, need to ensure that reasonable time has passed after deposit...say 6 months. Three months sometime works but risky

gud luk
asyousuf
so i can put it lets say tomorrow and keep it for a least six month after that
 

BDPA

Star Member
Jun 1, 2011
95
3
LONDON
Category........
Visa Office......
LONDON
Job Offer........
Pre-Assessed..
App. Filed.......
7th Sept,2011
Med's Request
29th March,2012
Med's Done....
Received by VO 23rd April,2012 Ecas 14th May,2012
Interview........
waived
Passport Req..
21st May,2012 and submitted by hand 7th June,2012
VISA ISSUED...
12th June,2012 and collected 14th June,2012
LANDED..........
12th July,2012
Hello Gacajais,

There shouldn't be any be any problem.I don't think you have to keep the money in your account for the 3-6months as some people claim.
By the Grace of God we submitted a bank statement with balance of less than 2weeks as at the time of submitting our application and VO didn't
request for another till we finally receive our visa.We're a family of 4.

I hope this help.
God bless you
BDPA
 

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
BDPA said:
Hello Gacajais,

There shouldn't be any be any problem.I don't think you have to keep the money in your account for the 3-6months as some people claim.
By the Grace of God we submitted a bank statement with balance of less than 2weeks as at the time of submitting our application and VO didn't
request for another till we finally receive our visa.We're a family of 4.

I hope this help.
God bless you
BDPA


how long did you have your money in the account the second time the visa office asked for update
 

aybee

Hero Member
Nov 2, 2009
285
13
124
Chandigarh
Category........
Visa Office......
new delhi
NOC Code......
7242
Job Offer........
Pre-Assessed..
App. Filed.......
17-October-2009
IELTS Request
overall - 8 (7 above in each)
LANDED..........
5-July-2010
Same with me,

I put the money into my account and got the certificate from the bank the next week and submitted these certificates the week after that. But I did not withdraw the amount. I brought it with me to Canada from my landing.
 

bahadur4u

Full Member
Jun 27, 2011
32
0
Dear all in the forum,

I have an issue that i have invested money in a business and i can't keep my money in the bank till the decision of my immigration case. i noticed that in most cases it took almost a year. Can i put my money in the bank to get a letter from bank and submit my case, then within a month time i withdraw.
And put the money back when it is required by the CIO, somewhere towards the final stages.

I don't know that whether they veryify the bank statement during the processing time or not.

Further, one another question, if i submit a bank letter showing the closing balance is enough or i have to present a bank statement showing transactions for the last 6 or 3 months. I can show the first one.

Any body kindly let me know about the whole process and how i can adjust my self as i have to do business with my money and can't put my money in the bank for that long time.
Help help help

Thank you in anticipation.
 

ajis

Star Member
Jan 29, 2011
124
1
London
Category........
Visa Office......
London
NOC Code......
3142
Job Offer........
Pre-Assessed..
App. Filed.......
04.04.2011
AOR Received.
PER - 04.05.2011
File Transfer...
File transfer: 2.05.2011& inprocess on 07.06.2012
Med's Request
19.04.2013
Med's Done....
26.04.2013 & medicals received line appears in E cas on 27.05.2013
Interview........
Waved and decision made in E cas on 13.06.2013
Passport Req..
31.05.2013 & Passport submitted on 06.06.2013
VISA ISSUED...
19.06.2013
LANDED..........
16.07.2013
put the money in your bank and get a letter fromt the bank stating that you have enough money in ur account. Dont worry about how long you kept the money in ur account. I showed them the one week old FD receipt and letter and they accept it. Important thing is money is in ur account..
 

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
ajis said:
put the money in your bank and get a letter fromt the bank stating that you have enough money in ur account. Dont worry about how long you kept the money in ur account. I showed them the one week old FD receipt and letter and they accept it. Important thing is money is in ur account..
my consulting says i should buy a fixed time deposit but i am scared because this is proof of fund update
 

ajis

Star Member
Jan 29, 2011
124
1
London
Category........
Visa Office......
London
NOC Code......
3142
Job Offer........
Pre-Assessed..
App. Filed.......
04.04.2011
AOR Received.
PER - 04.05.2011
File Transfer...
File transfer: 2.05.2011& inprocess on 07.06.2012
Med's Request
19.04.2013
Med's Done....
26.04.2013 & medicals received line appears in E cas on 27.05.2013
Interview........
Waved and decision made in E cas on 13.06.2013
Passport Req..
31.05.2013 & Passport submitted on 06.06.2013
VISA ISSUED...
19.06.2013
LANDED..........
16.07.2013
you can start a fixed term deposite and that should be fine.. What actually you meant by proof of fund update... Have you already applied or about to apply...
 

Pippin

VIP Member
Mar 22, 2010
4,254
530
Just look at the issue as a VO would. Large sum of money appears in an account - where did it come from? If you are selling a car, house, etc. you should have a receipt showing the amount which would correspond with the deposit, proving it was your money.
Someone else had a question, If you have money in the account and take it out to invest in a business then put it back in the account.....? Keep all your records showing that money was yours for the months before removing it. Show sale of share in business and corresponding deposit back into account.
For purchase of a fixed deposit. Show where the money came from to purchase the FD with some months of statements before purchase to show money has always been yours.
The thing is that money HAS TO BE YOURS. They want to see a money trail, which means the ebb and flow of your account, not just one day snap shot of the exact funds required. If you have made ins and outs, like the business investment, make sure you include a cover letter of explanation.
 

Cappuccino

VIP Member
Jun 23, 2009
4,594
409
Category........
Visa Office......
London
NOC Code......
3131
Job Offer........
Pre-Assessed..
App. Filed.......
30-Aug-2010
AOR Received.
15-Dec-2010
IELTS Request
Sent with app - 8.5 band score
Med's Request
13-Apr-2011
Med's Done....
19-Apr-2011
Passport Req..
28-June-2011
VISA ISSUED...
21-July-2011
LANDED..........
27-Aug-2011[br][br]ECAS[br]Recd By VO.....: 11-Feb-2011[br]In Process.......: 15-Mar-2011[br]Decision Made.: 25-Jun-2011
ajis said:
put the money in your bank and get a letter fromt the bank stating that you have enough money in ur account. Dont worry about how long you kept the money in ur account. I showed them the one week old FD receipt and letter and they accept it. Important thing is money is in ur account..
The money does not have had to been in the account for any specific amount of time prior to applying.

The visa offices usually like to see at least 6 months statements because they want to be sure that the money belongs to the applicant and is not borrowed.

In the case of the OP I do not see a problem. Large deposits will need to be explained but if he is selling his car, simply provide a copy of the receipt to show he has sold an asset which accounts for the funds.

Wayne.
 

gacajias

Star Member
Dec 16, 2008
169
1
124
Guayquil
Category........
Visa Office......
Bogota, colombia
NOC Code......
7231
Job Offer........
Pre-Assessed..
App. Filed.......
27-04-2010
Doc's Request.
16-06-2010
AOR Received.
27-05-2011
IELTS Request
sent with documents
File Transfer...
27-05-2011
Med's Request
21/06/2012
Med's Done....
10/07/2012
Interview........
waived
Passport Req..
with medical request
VISA ISSUED...
15-10-2012
LANDED..........
26-11-2012
ajis said:
you can start a fixed term deposite and that should be fine.. What actually you meant by proof of fund update... Have you already applied or about to apply...
i am the last stage of my application cic has ask for mr and proof of funds
 

ajis

Star Member
Jan 29, 2011
124
1
London
Category........
Visa Office......
London
NOC Code......
3142
Job Offer........
Pre-Assessed..
App. Filed.......
04.04.2011
AOR Received.
PER - 04.05.2011
File Transfer...
File transfer: 2.05.2011& inprocess on 07.06.2012
Med's Request
19.04.2013
Med's Done....
26.04.2013 & medicals received line appears in E cas on 27.05.2013
Interview........
Waved and decision made in E cas on 13.06.2013
Passport Req..
31.05.2013 & Passport submitted on 06.06.2013
VISA ISSUED...
19.06.2013
LANDED..........
16.07.2013
gacajias said:
i am the last stage of my application cic has ask for mr and proof of funds
You need to start a fixed deposite and get a letter from the bank. Bank letter should only states about your current balance. As far as they donbt mention about the start date of the Fixed deposite it should be fine... Hope this help