Thanks vishal, really appreciate your help, will contact you in future if required.
A complete way to nail 'Source of fund' dilemma!
- Thread starter anujgupta84
- Start date
Hi!
I have a concern regarding PoF. My husband is a seasonal worker in Canada. When he came home the last time he gave me just over $5000 CAD to deposit to my account ( this was converted and deposited in my local currency). My question is how do I prove to CIC that this is really what happened and it's not a loan?
Do you any receipts for that conversion and deposit, if yes, upload them and also explain it using an LOE
Hi Vishalg. I´m submitting a gift deed as my only POF. If the amount was deposited recently, do I still need to submit bank statements for the past 6 months? And how about the bank letter? I´ve been looking at different threads but haven´t found conclusive information. Any help greatly appreciated. Thank you!
Hello Vishalg
My spouse sent the pof to my account and I fixed the sum. I planned to show proof of transfer and have him write a declaration letter to this effect.
My question is, can his bank statement be requested or the source of his funds be requested.
I ask because he is a student in the US at the moment and not working.
Or should I just ask my mum to prepare a gift deed that it was sent to us by her.
My spouse sent the pof to my account and I fixed the sum. I planned to show proof of transfer and have him write a declaration letter to this effect.
My question is, can his bank statement be requested or the source of his funds be requested.
I ask because he is a student in the US at the moment and not working.
Or should I just ask my mum to prepare a gift deed that it was sent to us by her.
You would need the following docs
1. Bank letter as per CIC format. Template is shared in the link
https://www.google.co.in/url?sa=t&source=web&rct=j&url=http://canadavisahelpcentre.com/the-awesome-list-of-faqs/is-there-a-fixed-format-for-the-express-entry-proof-of-funds-bank-letter/&ved=0ahUKEwiJ0ZPi0qrUAhXHp48KHWa2BeUQFggcMAA&usg=AFQjCNHTq3V6BrF2WqHHxNHt5k0SUUwArA&sig2=GRcu4aEJEHnDhHXeS5ArqA
2. If the average is missing in the letter, get signed and stamped statements for last 6 months
3. Gift Deed
4. Proof of transfer (cheque or internet transfer receipt)
5. Donor's statements ( for added comfort, not mandatory)
When did this transaction happen. If it is before 6 months then no worries. Otherwise, it will be difficult to prove the ownership for the same.
My bank provided a balance confirmation in the bank letter head. However they refused to stamp it as its on the letter head. The bank manager has only signed it. Will if be an issue.? My bank statements are signed and stamped btw
Dear VIshal
to meeting POF i m having transaction from my father`s account and gift deed will be a paper. for this but for rest of amount my wife is selling gold so do i need notarised sale deed of this of or just sale receipt from the buyer will be suffice??
Hello Friends,
I am new to this forum.. this thread was really informative. thank you for providing such guidance. I need advice on my PoF please respond.
I am working as a teacher in India. I have two savings account 1 is where my salary is being deposited every month and is used for other regular expenses. the other account is where I usually deposit the annual savings from my 1st account. Every year in April I check the balance of my 1st account and whatever is the savings are, I transferred them into my 2nd account. by doing this upto December 2016 i had around 10000 CAD in my 2nd account. but due to some family reasons I needed to spend around 3000 CAD by February and left with only 7500 CAD I got ITA in April 2017. for the rest of the amount my father sold one of his property worth, 38000 CAD, last week and gifted me 5000 CAD from the initial payment of this sale that was 10000CAD. so for POF I am planning to submit following documents:
My Bank account statement for 6 months,
Bank Letter
Gift Deed
Bank Statement of my father's account (only 1 month that has the entry of transfer)
LOE explaining the transfer of gifted money
What other document is required for smooth sailing? then I have few questions. do i have to declare my other account also? Do I need to attach the sale agreements (I do not want to)? My father also has two accounts he transferred this sale deed money to his account that is least used so the statement of that account is not good. will it affect my case?
What other things I must do regarding POF? waiting for the response.
I am new to this forum.. this thread was really informative. thank you for providing such guidance. I need advice on my PoF please respond.
I am working as a teacher in India. I have two savings account 1 is where my salary is being deposited every month and is used for other regular expenses. the other account is where I usually deposit the annual savings from my 1st account. Every year in April I check the balance of my 1st account and whatever is the savings are, I transferred them into my 2nd account. by doing this upto December 2016 i had around 10000 CAD in my 2nd account. but due to some family reasons I needed to spend around 3000 CAD by February and left with only 7500 CAD I got ITA in April 2017. for the rest of the amount my father sold one of his property worth, 38000 CAD, last week and gifted me 5000 CAD from the initial payment of this sale that was 10000CAD. so for POF I am planning to submit following documents:
My Bank account statement for 6 months,
Bank Letter
Gift Deed
Bank Statement of my father's account (only 1 month that has the entry of transfer)
LOE explaining the transfer of gifted money
What other document is required for smooth sailing? then I have few questions. do i have to declare my other account also? Do I need to attach the sale agreements (I do not want to)? My father also has two accounts he transferred this sale deed money to his account that is least used so the statement of that account is not good. will it affect my case?
What other things I must do regarding POF? waiting for the response.
Be a little persistent but if they still don't provide then it's ok. But do write an LOE and mention that.
Best of luck.
A simple sale deed is fine. Try to get the sale receipt and cheque in your name, it will ease the process. Else you will need to get a No objection declaration from your spouse.