Can salary account be used as POF

[jaffaral]

Hello can my salary account be used for Proof of funds or it has to be a savings account.

Also, I have a joint account with my aunt that has my money. How can I satisfy CIC that account has my earned money

 

[mr.preetsingh]

Hello can my salary account be used for Proof of funds or it has to be a savings account.

Also, I have a joint account with my aunt that has my money. How can I satisfy CIC that account has my earned money

The only condition is, account should be on your name.

 

[prpurohit]

Hello can my salary account be used for Proof of funds or it has to be a savings account.

Also, I have a joint account with my aunt that has my money. How can I satisfy CIC that account has my earned money

The POF account should not be shared with a third person who is not a part of your application. You can have a joint account with the dependent applicant.

 

[prpurohit]

The only condition is, account should not be on your name.

You mean *should be

 

[jaffaral]

So There is no way I can use an account that has someone else name (other than accompanying dependant) even though that person is willing to declare that her name is only in case of an emergency??

 

[DelPiero07]

So There is no way I can use an account that has someone else name (other than accompanying dependant) even though that person is willing to declare that her name is only in case of an emergency??

Correct.

 

[hope2018]

So There is no way I can use an account that has someone else name (other than accompanying dependant) even though that person is willing to declare that her name is only in case of an emergency??

When you say for 'emergency' correct process is to make that person as a nominee for the account and not joint account holder.

 

[jaffaral]

Hmmm!!

 

[jaffaral]

Just another question popped up in my mind regarding POF. Should the 6 month statement shows that during last 6 months I maintained the minimum amount of 12475 CAD (single person) all the time??

 

[jaffaral]

Seniors wanna shed some light??

 

[hope2018]

Just another question popped up in my mind regarding POF. Should the 6 month statement shows that during last 6 months I maintained the minimum amount of 12475 CAD (single person) all the time??

Yes it should show a consistent balance, there shouldn't be big deposits from unknown sources just to show you have funds.

 

[lampbreaker]

You can use that account, but get an affidavit made from your aunt stating that she has no objections to you using these funds for your PR process.

 

[mr.preetsingh]

You mean *should be

Yes, sorry, typo.