ASIVAD - Need your help - Rejected for POF

[JoacRy]

This honestly was like a 8 magnitude earthquake to me. Really shaky.
I have shown 10k as FD, 3k as Savings and another 12k in listed stocks.
Dont know whats gonna happen.

Hope this puts your mind at ease. From this extract from CIC website those are fine:

http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

 

[eecandidate]

Hope this puts your mind at ease. From this extract from CIC website those are fine:

http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

Thanks JoacRy.
I had read this before too, but when cases as such as heard, we start thinking what's happening?

 

[CanadaWeCome]

As always, the situation is more complex than it first appears. The OP has provided some information and we're figuring out the probable reason.

Fixed deposits are acceptable as POF without doubt. But the same logic applies to them as to any other account being used to showcase POF. It is the PA's responsibility to prove beyond doubt that the funds being showcased for POF purposes are not borrowed. Whether the funds are in the form of checking/saving account or fixed deposits, this requirement stays unchanged. If the funds have been around for less than 6 months, the applicant has to conclusively identify the source of funds for CIC's benefit and prove that the fund weren't borrowed. If the funds have been around for more than 6 months, it shouldn't be a problem usually but an officer might ask for source of funds if they suspect something.

Thanks for letting the forum know basis the case in point above...

 

[abra1985]

This honestly was like a 8 magnitude earthquake to me. Really shaky.
I have shown 10k as FD, 3k as Savings and another 12k in listed stocks.
Dont know whats gonna happen.

hi did they accept stocks as POF ?

only 5% of stcoks im gonna use as POF