Urgent - POF Query

[m.q.z90]

Hello,

I received my ITA in November. I have been maintaining my bank account with the required POF for more than 6 months. However, due to exchange rate fluctuations and some transactions in September, the amount went $200 below the required POF. Will it be a problem?

Furthermore, the funds i have in my account cover the required POF. However, since i have to pay the fee too, do i have to show required POF amount + Fee amount or just POF amount is enough?

Please help.

Regards.

 

[izzyhu1106]

Just show the POF amount is enough.
I think you should deposit some extra cash into the account to make sure the amount stays above the required level, because insufficient fund could be a ground for rejection.

 

[EropbI4]

just the POF amount is OK.
For peace of mind, I'd put extra money and follow LOE via webform.

 

[hamgha]

Hello,

I received my ITA in November. I have been maintaining my bank account with the required POF for more than 6 months. However, due to exchange rate fluctuations and some transactions in September, the amount went $200 below the required POF. Will it be a problem?

Furthermore, the funds i have in my account cover the required POF. However, since i have to pay the fee too, do i have to show required POF amount + Fee amount or just POF amount is enough?

Please help.

Regards.

didn't matter to me, but make sure to top it up if they ask for an updated one, plus wouldn't hurt to have more money saved for when you move

 

[m.q.z90]

didn't matter to me, but make sure to top it up if they ask for an updated one, plus wouldn't hurt to have more money saved for when you move

Thank you.

Do you have to have the entire amount for exactly 6 months or a minor discrepancy 3 months back of $200-$300, followed by top up later is ok?

 

[hamgha]

Thank you.

Do you have to have the entire amount for exactly 6 months or a minor discrepancy 3 months back of $200-$300, followed by top up later is ok?

no you don't but if you had a large deposit you'll have to explain why. they don't care about 200 added here or there, make sure you have the money

 

[m.q.z90]

My 7 Month Statements look like the following

Jul-20​	21,574
Aug-20​	19,809
Sep-20​	20,040
Oct-20​	20,163
Nov-20​	21,248
Dec-20​	20,481
Jan-21​	20,634

Amount in CAD (1 CAD = PKR 126)

Only in August, the amount is short by around CAD 100

 

[hamgha]

My 7 Month Statements look like the following

Jul-20​	21,574
Aug-20​	19,809
Sep-20​	20,040
Oct-20​	20,163
Nov-20​	21,248
Dec-20​	20,481
Jan-21​	20,634

Amount in CAD (1 CAD = PKR 126)

Only in August, the amount is short by around CAD 100

doesn't matter

 

[m.q.z90]

no you don't but if you had a large deposit you'll have to explain why. they don't care about 200 added here or there, make sure you have the money

Thanks a lot.. won't be doing a large deposit.. just chunks of my pay coming and going.. eventually adding around CAD 400 per month to the account...

 

[hamgha]

Thanks a lot.. won't be doing a large deposit.. just chunks of my pay coming and going.. eventually adding around CAD 400 per month to the account...

the exchange rate is important when they check. make sure you have MORE than what is needed by 3-400 at all times just in case. otherwise should be good to go