Proof of Funds for Calculation criteria for SINP for foreign skilled worker?

[bally30]

Hello Everyone

I am new to this forum. I just need to confirm the criteria for POF for SINP. I got a snip to invite on 8 October 2019. and I submitted my file on 24 November. My question is how will my funds be calculated?. Will they check total funds maintained in all bank accounts on 24 August 2019, 24 September 2019 and 24 October 2019 and 24 November 2019?.

As I have maintained a minimum threshold of $19390 on all the above dates. However, in between, there was a drop in funds between 2 September to 22 September and then deposited a big amount on 23 September. Can they consider this drop also? I am assuming avg CAD as 53.9 INR to calculate my funds. I am seeking a reply from the community forum members who can guide me.

 

[binder1232]

Hello Everyone

I am new to this forum. I just need to confirm the criteria for POF for SINP. I got a snip to invite on 8 October 2019. and I submitted my file on 24 November. My question is how will my funds be calculated?. Will they check total funds maintained in all bank accounts on 24 August 2019, 24 September 2019 and 24 October 2019 and 24 November 2019?.

As I have maintained a minimum threshold of $19390 on all the above dates. However, in between, there was a drop in funds between 2 September to 22 September and then deposited a big amount on 23 September. Can they consider this drop also? I am assuming avg CAD as 53.9 INR to calculate my funds. I am seeking a reply from the community forum members who can guide me.

They count three months from the submission of your application for nomination after receiving ITA. If you are failed to maintain the minimum required funds in your account then you have trouble. I am not an expert, but I read these conditions in general talks in the different forums.

 

[bally30]

Thank you for clarifying so that means that drop in funds will lead to the refusal?

 

[binder1232]

Thank you for clarifying so that means that drop in funds will lead to the refusal?

May be. Its a condition in SINP process and if we can't fulfilled they can be rejected our application.