Asvad and Freinds, please help - on POF because now dollar rate increased

[rajucheers]

Hi Asivad/Freinds,

I got a question on POF that i have shown, while submitting application i calculated the dollar rate and put money in bank which comes to 16001 CAD for 2 applicants.
Now today's CAD gone high and if i calculate that it comes around 15060 which is 83 dollars less and may decrease in POF further if dollar rate increases.

Will this make my application rejected since i do not have sufficient amount?

Please help!!!!!!!!!

Thanks
Raju

 

[manidhatt]

Very unlikely that VO will reject your file for $83. Don't worry it will work out.

 

[rajucheers]

Thanks mani for reply,
Even I'm not bothered about the small difference in amount, only question is will cic just consider amount at the time of submission or will they do conversion at the time of assessment?

Thanks in advance

Raju

 

[manidhatt]

Thanks mani for reply,
Even I'm not bothered about the small difference in amount, only question is will cic just consider amount at the time of submission or will they do conversion at the time of assessment?

Thanks in advance

Raju

Even if they do conversion they know the dollar rate fluctuates a little bit so nothing to worry

 

[sushsmart15]

This hike in Dollar exchange rate should not affect your file.
However, it is highly recommended to show POF to be additional 100 to 200 dollars more than the minimum required for individual circumstances.

 

[rajucheers]

This hike in Dollar exchange rate should not affect your file.
However, it is highly recommended to show POF to be additional 100 to 200 dollars more than the minimum required for individual circumstances.

Thanks Sushsmart for the reply,
i can put 100 to 200 dollars extra but only thing is at this point while CIC does assessment will they consider what ever is based on today's conversion rate or will they see the amount while i initially submitted the application?

Thanks
Raju

 

[rajucheers]

Asvad and friends, can anyone throw some light on this.
Appreciate your help

Thanks in advance

 

[hossamo33]

i think they might ask for an updated bank statement if needed. they have been doing this lately!

 

[rajucheers]

Asivad what are your thoughts?

 

[Asivad Anac]

Doesn't matter. If you had enough money as on the date you submitted your post ITA application, they may (at worst) ask you for updated statements if there has been significant volatility. Minor difference don't matter.

 

[rajucheers]

Doesn't matter. If you had enough money as on the date you submitted your post ITA application, they may (at worst) ask you for updated statements if there has been significant volatility. Minor difference don't matter.

Thanks Asivad, now im bit relaxed