Bank Statements

[sam_172452]

my money is inclined more on asivad being a "she"..... "he" would not have such a consistent patience for so many repeated questions...lol

hahaha yes! I was thinking the same thing the other day.

 

[darklord]

But for proof of funds you're also required to show credit cards and loans. CIC doesn't only want to know if you have the available funds, they also need to see your financial profile.

Well, for everyone's benefit, it is incorrect that we need to show credit cards and loans to CIC. CIC only is interested in the available funds and they are as per POF requirements. They do not want to see anyone's full financial profile.

 

[jemdill]

hahaha yes! I was thinking the same thing the other day.

But I believe its "he".
Hope we will get an answer from Asivad..

 

[zaki100]

Yah Guys lets vote

I SAY A SHE
and probably a Latin, Spanish or Portuguese she.

 

[Banff2015]

Hey so am i right in thinking/saying, That i only need to supply a copy of my Chequing and savings account for my past years in canada? i dont have to include in the application a copy of my credit card or line of credit statments?
Thanks.

 

[jemdill]

Hey so am i right in thinking/saying, That i only need to supply a copy of my Chequing and savings account for my past years in canada? i dont have to include in the application a copy of my credit card or line of credit statments?
Thanks.

Not for OONP I think; but for CIC they say so..

 

[Banff2015]

Thanks so these do needed to be included when applying direct for CIC? I have an lmia so applying that route.
Thanks

 

[jemdill]

Thanks so these do needed to be included when applying direct for CIC? I have an lmia so applying that route.
Thanks

Oh okay you do have a LMIA ; Then you dont have to show POF.

http://www.cic.gc.ca/english/immigrate/skilled/funds.asp
______________________________________________________
You do not have to show that you have these funds if:

you have a valid offer of arranged employment in Canada AND
you are currently working or authorized to work in Canada.

 

[Banff2015]

Thanks so much like i just wanted to know like are they looking to see in your chequing account 20k plus saved or just to see that your getting paid weekly.
Thanks
Ross.
I must add this process is quite hard thanks so much for all your help

 

[MySky]

I have a question. What should I exactly do if most of the required fund in my bank account is deposited or transferred from someone very recently? Say I need to show proof for 12 k and I have a 9 k deposit that shows up in the statement dated a week or 2 prior to submitting the bank statement. Would CIC see this as an invalid form of financial means? It is cash after all; why would they really care? I'd appreciate your thoughts.

 

[Asivad Anac]

I have a question. What should I exactly do if most of the required fund in my bank account is deposited or transferred from someone very recently? Say I need to show proof for 12 k and I have a 9 k deposit that shows up in the statement dated a week or 2 prior to submitting the bank statement. Would CIC see this as an invalid form of financial means? It is cash after all; why would they really care? I'd appreciate your thoughts.

CIC would care because this could be a loan. And they don't like encumbered POFs. The onus is on you to prove that the funds aren't borrowed. They could be earned or gifted but not borrowed.

 

[MySky]

Thank you Asivad. I understand that, but I am a bit hazy about how to prove a deposited amount of money as a gift, which could have theoretically been provided by anyone. Is there a notarized affidavit or something for that purpose? Thanks in advance!

 

[Asivad Anac]

Thank you Asivad. I understand that, but I am a bit hazy about how to prove a deposited amount of money as a gift, which could have theoretically been provided by anyone. Is there a notarized affidavit or something for that purpose? Thanks in advance!

Theoretically, anyone can extend a gift. But it will stretch credulity if it comes from some anonymous benefactor. If it is someone in the family, a signed self-declaration highlighting the transaction details and explaining that it is a gift and not a loan would suffice. No affidavits required.

If it is from some anonymous/unknown/random benefactor, you'll be taking a conscious chance with your application because it can and will be questioned. And in such cases, affidavits would help because they will bring legality to such transactions.

Hope that clarifies. All the best!

 

[ultra99]

What's this Letter from Bank people talking about?

I know there is a 6 month statement you can print off online. Maybe a stamp from branch, but what else?

For me, in the past 6 months i had 2 transactions, total, in my savings account. Is that a problem?

 

[Asivad Anac]

What's this Letter from Bank people talking about?

I know there is a 6 month statement you can print off online. Maybe a stamp from branch, but what else?

For me, in the past 6 months i had 2 transactions, total, in my savings account. Is that a problem?

This is the bank letter we're talking about. You cannot just print bank statements ans submit those.

The applicant should provide official letter(s) from financial institution(s) which list all current bank and investment accounts, as well as outstanding debts such as credit cards and loans.

The letter(s) must be printed on the letterhead of the financial institution and must include applicant’s name, the contact information of the financial institution (address, telephone number and e-mail address), the account numbers, dates of when each account was opened and the current balance of each account as well as the average balance in the past six months.

Other documents may also be requested, as necessary.