Proof of Funds (Express Entry)

[cansha]

Yes, I had put in 15000 CAD into my account 3 months ago and been maintaining it since then.

IF it was one large deposit of 15000$ then it will be good to have proof of source of funds.

 

[SithLord]

IF it was one large deposit of 15000$ then it will be good to have proof of source of funds.

Okay thank you. That helps

 

[Fahadkazmi]

Hi I have a question.
I am the primary applicant, can a joint account (me and wife) with required amount be acceptable for proof of funds?
My wife is accompanying me to Canada.

 

[ECLN]

Hi I have a question.
I am the primary applicant, can a joint account (me and wife) with required amount be acceptable for proof of funds?
My wife is accompanying me to Canada.

yes

 

[NOMAD2017]

So relieved we have moved on from ROH threads lol

lol, I moved from all these threads to ROH, and now back again used to be a silent user before blowing the first ITA

 

[SithLord]

lol, I moved from all these threads to ROH, and now back again used to be a silent user before blowing the first ITA

Don't blow it again

 

[NOMAD2017]

Don't blow it again

hahah hope not.. Just find us a good thread

 

[NOMAD2017]

Hello experts.. We have 3 bank accounts in the same bank where my husband deposits his salary. One in USD and other 2 in PKR. We have enough average balance in our USD account. My husband is asking if we need 3 bank certificates for all 3 accounts or just the USD one will do? Coz we have 3 accounts in the same bank, same branch.
We don't owe anything to the bank, coz its an Islamic bank, so no credit cards
Kindly advise @cansha

 

[komaldanon]

you have to show 12 lacks for three people and 6 lacks for main applicant in Canada express entry.

 

[SithLord]

hahah hope not.. Just find us a good thread

Found it

https://www.canadavisa.com/canada-immigration-discussion-board/threads/october-2018-aor-join-here.587953/

 

[SithLord]

Hello experts.. We have 3 bank accounts in the same bank where my husband deposits his salary. One in USD and other 2 in PKR. We have enough average balance in our USD account. My husband is asking if we need 3 bank certificates for all 3 accounts or just the USD one will do? Coz we have 3 accounts in the same bank, same branch.
We don't owe anything to the bank, coz its an Islamic bank, so no credit cards
Kindly advise @cansha

If your have enough average balance in the bank certificate. Are bank statements still needed?

 

[NOMAD2017]

If your have enough average balance in the bank certificate. Are bank statements still needed?

no, i think not. Im just concerned about my other accounts with the same bank.
I think we r just supposed to submit the POF, that we can support ourselves financially after landing in Canada. They r not investigating our financial standing, but just need assurance that we have enough money and wont be a burden on them after the move. But let's wait for an expert to reply.

 

[bimale4bipeople]

Hello experts.. We have 3 bank accounts in the same bank where my husband deposits his salary. One in USD and other 2 in PKR. We have enough average balance in our USD account. My husband is asking if we need 3 bank certificates for all 3 accounts or just the USD one will do? Coz we have 3 accounts in the same bank, same branch.
We don't owe anything to the bank, coz its an Islamic bank, so no credit cards
Kindly advise @cansha

Which ever account meets and is above the minimum amount required by IRCC will be fine. So as long as USD a/c does that for yaa go ahead and submit that and no need to include PKR one

 

[SithLord]

no, i think not. Im just concerned about my other accounts with the same bank.
I think we r just supposed to submit the POF, that we can support ourselves financially after landing in Canada. They r not investigating our financial standing, but just need assurance that we have enough money and wont be a burden on them after the move. But let's wait for an expert to reply.

I have been maintaining the minimum funds for 4 months now. Can maybe wait another month if that helps my case to be stronger

 

[Fahadkazmi]

If your have enough average balance in the bank certificate. Are bank statements still needed?

My bank does not issue a 6 month average balance certificate, so I will have to submit my bank statements.
However they do provide account opening certificate, closing balance as of now certificate