Settlement proof of funds

[Success204]

Hi All

Please confirm how long the funds need to be in bank account?

IRCC indicates that only The funds must be available both when you apply and when (if) we issue you a permanent resident visa.
The bank letters should show average balance for the past 6 months

Please clarify whether is it mandatory to keep money in bank account for the past 6months before application date or??

Looking forward reply

Thanks in advance

 

[dotslash227]

Hi All

Please confirm how long the funds need to be in bank account?

IRCC indicates that only The funds must be available both when you apply and when (if) we issue you a permanent resident visa.
The bank letters should show average balance for the past 6 months

Please clarify whether is it mandatory to keep money in bank account for the past 6months before application date or??

Looking forward reply

Thanks in advance

Yes, sort of.

 

[Success204]

Yes, sort of.

Thanks for your reply. Please confirm clearly whether funds should be in bank for minimum 6 months or not?

 

[dotslash227]

Thanks for your reply. Please confirm clearly whether funds should be in bank for minimum 6 months or not?

There is no clear answer. It depends on the source of funds and how you obtained those funds.