Bank Statement

[shahidsabir2]

Hi forum
i have two questions:

1. regarding bank statement: (my wife is the main applicant and she has her own salary account also she the Dept. Director of her organization so some funds also transfer in her account so can any body tell me that my wife can use that bank statement for FSW...??


2. Schedule 3 (Economics Classes federal skill worker )
under that form in 10. a) Assets indicate the amount of assets in Canadian dollar.
b. liabilities indicate the total amount of liabilities in Canadian dollar
c. settlement funds indicate the total amount of unencumbered translatable and available funds that you have in Canadian $


so tell me what i have to mentioned in it ... in C. i know how much Canadian $ we have to carry on with Canada rest A. & B. i have confusion.

so kindly guide me in that matter.

thanks

 

[spartan300]

Hi forum
i have two questions:

1. regarding bank statement: (my wife is the main applicant and she has her own salary account also she the Dept. Director of her organization so some funds also transfer in her account so can any body tell me that my wife can use that bank statement for FSW...??


2. Schedule 3 (Economics Classes federal skill worker )
under that form in 10. a) Assets indicate the amount of assets in Canadian dollar.
b. liabilities indicate the total amount of liabilities in Canadian dollar
c. settlement funds indicate the total amount of unencumbered translatable and available funds that you have in Canadian $


so tell me what i have to mentioned in it ... in C. i know how much Canadian $ we have to carry on with Canada rest A. & B. i have confusion.

so kindly guide me in that matter.

thanks

1. Yes! No problem ....Ask bank to provide balance certificate
2.(a) Show the amount mentioned in Balance certificate
(b) you can fill 0.00 if you haven't take any loan from the bank which issues you bank certificate
(c) (a)- (b)

Warm wishes and regards,

 

[shahidsabir2]

1. Yes! No problem ....Ask bank to provide balance certificate
2.(a) Show the amount mentioned in Balance certificate
(b) you can fill 0.00 if you haven't take any loan from the bank which issues you bank certificate
(c) (a)- (b)

Warm wishes and regards,

thanks alot

 

[shahidsabir2]

1. Yes! No problem ....Ask bank to provide balance certificate
2.(a) Show the amount mentioned in Balance certificate
(b) you can fill 0.00 if you haven't take any loan from the bank which issues you bank certificate
(c) (a)- (b)

Warm wishes and regards,

but one more thing if i show that balance in a. according to our bank certificate they can ask this your bank balance not your assets... and can i right 5000Canadian $ bcz i have this amount to carry with us in Canada is that suitable amount?

 

[spartan300]

but one more thing if i show that balance in a. according to our bank certificate they can ask this your bank balance not your assets... and can i right 5000Canadian $ bcz i have this amount to carry with us in Canada is that suitable amount?

Your bank balance is your biggest assets....no need to worry...
Number of Family Members Funds Required
(in Canadian dollars)
1 $11,115
2 $13,837
3 $17,011
4 $20,654
5 $23,425
6 $26,419
7 or more $29,414

You have to show balance minimum to the above table......
Your bank balance should be more than this regarding the currency fluctuation...
5000$ is not enough cause if visa stamped its recommended to bring more money cause its varified by immigration officer...

Warm wishes & regards,

 

[shahidsabir2]

Your bank balance is your biggest assets....no need to worry...
Number of Family Members Funds Required
(in Canadian dollars)
1 $11,115
2 $13,837
3 $17,011
4 $20,654
5 $23,425
6 $26,419
7 or more $29,414

You have to show balance minimum to the above table......
Your bank balance should be more than this regarding the currency fluctuation...
5000$ is not enough cause if visa stamped its recommended to bring more money cause its varified by immigration officer...

Warm wishes & regards,

hmmmm mean we are total 4 members who are planning for Canada me my wife and two kids ages (2 year & 1 year) so according to that table i have to show around 20,000/- canadian $... its hard to arrange but i have to do it for best future

 

[spartan300]

hmmmm mean we are total 4 members who are planning for Canada me my wife and two kids ages (2 year & 1 year) so according to that table i have to show around 20,000/- canadian $... its hard to arrange but i have to do it for best future

Its better to show more i would recommend you to show around 21,500.00 CAD $
Cause you will need this money if you are thinking of going with your family for the first stage after you get job then you will manage but for few months you have to have around this much cash...,

Warm wishes & regards

 

[shahidsabir2]

Its better to show more i would recommend you to show around 21,500.00 CAD $
Cause you will need this money if you are thinking of going with your family for the first stage after you get job then you will manage but for few months you have to have around this much cash...,

Warm wishes & regards

yes you are right also i have advantages that my cousins . uncle are living in Toronto so i can manage myself as well and my wife is going on 2121 (biologist category so i think she have much chance to get go job in canada...

 

[spartan300]

yes you are right also i have advantages that my cousins . uncle are living in Toronto so i can manage myself as well and my wife is going on 2121 (biologist category so i think she have much chance to get go job in canada...

Thats good news!
Best of luck!

Warm wishes & regards,

 

[sigelopisan]

Guys,

Example of my assets:
own 2 house, easily worth USD 80,000
own 1 car, easily worth USD 10,000
cash on bank USD 4,000

so, how should I fill the form?

Assets column : .......... ??
Liabilities column : .....0
unencumbered column : .......??

Pls help guys?

 

[spartan300]

Guys,

Example of my assets:
own 2 house, easily worth USD 80,000
own 1 car, easily worth USD 10,000
cash on bank USD 4,000

so, how should I fill the form?

Assets column : .......... ??
Liabilities column : .....0
unencumbered column : .......??

Pls help guys?

Acceptable Proof of Funds


Acceptable proof of funds are:

-bank accounts in your name or the name of your accompanying spouse/common-law partner;

-cashable investments in your name or the name of your accompanying spouse/common-law partner;

-cashable fixed deposits in your name or the name of your accompanying spouse/common-law partner;

-property valuations of property which is unencumbered by debt in your name or the name of your accompanying spouse/common-law partner.



Not acceptable are:

-bank accounts in someone else's name;

-bank accounts which are joint in your name and someone else (other than your accompanying spouse/common-law partner);

-bank accounts in the name of your spouse who is not accompanying you to Canada;

-vehicle valuations;

-jewellery valuations.

 

[table]

Do you any idea anybody why they ask for bank statement?

 

[naeemwaqas]

Hi there once again

i have some last minute inquires regarding bank statement and bank certificate

I have obtained both my one month bank statement which is showing the whole chunk of my deposits in order to reach the required amount

and the bank certificate that says that i am a account holder from such and such date and i have this much amount in my account ..... \


now where i am confused is that which document should i send with my application

seniors plz reply....................

 

[spartan300]

Hi there once again

i have some last minute inquires regarding bank statement and bank certificate

I have obtained both my one month bank statement which is showing the whole chunk of my deposits in order to reach the required amount

and the bank certificate that says that i am a account holder from such and such date and i have this much amount in my account ..... \


now where i am confused is that which document should i send with my application

seniors plz reply....................

You have to send both!

Warm wishes & regards,

 

[spartan300]

Do you any idea anybody why they ask for bank statement?

They ask for the Bank certificate to know about the applicant has got the required funds to settle in Canada if he/She has no job..
In other words its the survival cost which a PR applicant has to show...

Warm wishes & regards,