For POF, do the following:Hi All,
Maybe slightly off-topic but hoping people in UAE can help.
Do UAE banks provide the proof of funds letters in the required formats? If not, what did you show that was accepted for funds in UAE?
Thanks
1. get 6 months bank statement (use your internet banking, take print and get sealed from your bank)
2. get a letter from the bank asking them to mention when the account was opened, account holder's name, type of account, etc. (they provide)
3. get a liability letter from your bank confirming your credit card outstanding, personal loan outstanding, car loan outstanding, etc. (its a drag, but keep insisting)
4.. If the average balance of your 6 months bank statement equates to the minimum settlement fund. You are good to go. Else show your FD receipts. Please bear in mind, the FD receipts should be minimum 6 months old.
5. In your LOE, you can also mention your average balance amount in CAD (use xe.com for conversion)
Good luck.