dream4canada2015 said:
Naveed bhai,
Do not worry... its not a big issue at all.
It is not also mandatory to keep the cash idle in bank account during the process as there is not guarantee that an application will get a visa or not.
It is an eligibility criteria that you have enough fund available which you can take with u if u get visa.
And to show up the fund we often choose bank account and FD. As long as you can provide that you have adequate fund during MR stage its fine. This is obvious for every applicant who will get visa will take maximum of his fund from BD and settle down in Canada... if not then why they have applied??.. This is not like a student visa that parents is giving 1 yrs tuition and student go over abroad start working in pizza shop and continue his study and arrange living and save up tuition..
Do not worry at all bro... Its fine if u could provide some portion in FDR and some portion in savings account.
Best of luck
M_Bd said:
Dear Brother,
I am sorry to say that I am not agreed with Mr/Ms dream4canada2015!! So far there is no specific info regarding how long to keep the settlement fund? I know that you have to keep the fund at least for last 3 consecutive months. For example if they ask for proof of fund again, say 1st of April then you have to show that your fund is available since 1st January at least. I don't think you have to worry because you did FDR, but if it is not 3 months old when they ask then you have to submit the account statement to show that you have transferred the money from your account. What I guess, the main intention of them, whether you borrow the money to show or not!
Kind regards
Hi Brothers,
You both are correct however M_Bd is fully provided the constructive feedback.
Though there is not specific reason from CIC that need to keep fund lies in the bank from the initial stage till end of any decision made BUT applicant (PA) needs to provide the source of fund to VO if there is any further clarification on POF.
So far my understanding here that who has provided their POF documents to CIC at initial stage if however, that bank statement proves that there some big amount of fund has been deposited/credited suddenly into that account OR if there is FD/Security Bond proves that those has bought recently just before application submission to CIC that could make some clarification either that amount has borrowed or those owned by themselves.
For my further understanding here that if anyone has provided the bank certificate without at least last six months of bank statement those also be questionable to CIC/VO about the fund growth.
The gist is if CIC suspects that the applicant provided POF either it was his/her own fund or it has borrowed from somewhere else then might it will be asked for further POF from VO otherwise it is rare to ask for further updated bank statement / FD / Savings certificate for POF for 2014 applicants.
If any applicant has confident that anytime he/she can provide the evident of his/her enough fund either in the account(s)/ FD / Savings certificate by his/her own then anytime those fund can be invested to anywhere. Because applicant has enough evidence of his funds investment or in/out of his/her accounts.
Hope it will help to everyone ....
