Criteria for a valid POF

[omertariq]

Hi,

If my bank statement evens out over the course of 6-7 months for the required amount at the time of ITA, should that be enough for the cic? Is their criteria just that or they look for other things when approving the POF (such as the person’s current income co relating with the amount put in over the course of 6-7 months etc.)?

Many thanks.

 

[omertariq]

Anybody?

 

[sam3218]

Hi,

If my bank statement evens out over the course of 6-7 months for the required amount at the time of ITA, should that be enough for the cic? Is their criteria just that or they look for other things when approving the POF (such as the person’s current income co relating with the amount put in over the course of 6-7 months etc.)?

Many thanks.

If the accumulation of funds is gradual and the inflow is regular like of salaries of similar amounts, you don't have anything to worry about.

 

[omertariq]

If the accumulation of funds is gradual and the inflow is regular like of salaries of similar amounts, you don't have anything to worry about.

Thanks a lot sam