Thanks Asivad..Asivad Anac said:It depends on how much POF you need to show. Mix and match with other accounts based on your requirement.
The best bet lies with those 2 Govt bank accounts. Since both of those are new accounts, there could be questions on the sources of those funds so keep documentation ready and attach that along with POF. Ask your banks to write 6 month average balance - just 1 number which can be calculated however your bank wants to do it (daily, weekly, fortnightly, monthly, quarterly, half yearly doesn't matter).
Banks calculates average balance differently for different purposes. What CIC really wants to figure out is whether these funds are encumbered or not. One way of identifying that is by cross checking average balance with current balance. If the difference is significantly large, that indicates one or many large credit transactions in the recent past which might indicate borrowed funds. It is your responsibility to send additional supporting documents to prove that you haven't borrowed the funds.
All the best!
I am applying with my Spouse so need to show 15000$.
So, Accounts with Private Bank (1) & (2) are fine ?
I can avoid showing Government Bank(2) which has 8170$. And for Govt Bank(1), I can close that account and amount will automatically get transferred to Govt Bank(3). So In this case still I need to show from where this amount of 6127$ came ?
Thanks
Silvi.