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Another PoF question

Kane89

Full Member
Dec 13, 2015
36
11
Hi all!
In order to fulfill the proof of funds requirement I opened a separate bank account in the end of July 2015 and deposited the whole sum of money needed for EE at once.
This account is a little more than 6 months old now. During that period of time no transactions occurred.
Now I wonder if I need to explain that large initial deposit that happened a little bit more than 6 months ago or it is not necessary. Any thoughts?

Thanks!
 

hhhh

Star Member
Feb 9, 2016
162
2
I have same question.
I also have some big amount saving and without transaction records in the past years.
In fact it is Fixed Deposit.
 

Asivad Anac

VIP Member
May 27, 2015
10,630
1,398
Job Offer........
Pre-Assessed..
Kane89 said:
Hi all!
In order to fulfill the proof of funds requirement I opened a separate bank account in the end of July 2015 and deposited the whole sum of money needed for EE at once.
This account is a little more than 6 months old now. During that period of time no transactions occurred.
Now I wonder if I need to explain that large initial deposit that happened a little bit more than 6 months ago or it is not necessary. Any thoughts?

Thanks!
No questions expected on source of funds expected from IRCC here assuming the money has been available exclusively to you for more than 6 months. Get a bank letter which clearly highlights current balance and 6 months average balance - those would be equal now so there is nothing to explain.
 

Kane89

Full Member
Dec 13, 2015
36
11
Thanks for the reply Asivad Anac!

Right now I have 2 documents from my bank: an account statement showing all transactions for my PoF account for the last 6 months and a reference letter that mentions current balance of all my 3 accounts in this bank (I use only 1 of them as PoF) and their opening dates.
Should I upload the reference letter or is it better to avoid showing that my PoF account was opened just a little bit more than 6 months?
Also I do not provide average balance for the last 6 months for other 2 accounts mentioned in the reference letter.
 

Asivad Anac

VIP Member
May 27, 2015
10,630
1,398
Job Offer........
Pre-Assessed..
Kane89 said:
Thanks for the reply Asivad Anac!

Right now I have 2 documents from my bank: an account statement showing all transactions for my PoF account for the last 6 months and a reference letter that mentions current balance of all my 3 accounts in this bank (I use only 1 of them as PoF) and their opening dates.
Should I upload the reference letter or is it better to avoid showing that my PoF account was opened just a little bit more than 6 months?
Also I do not provide average balance for the last 6 months for other 2 accounts mentioned in the reference letter.
These would suffice. Those other 2 accounts are irrelevant to your PR application as you have sufficient funds in 1 account.