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Conversion of POF from CASH to SAVINGS CERTIFICATES

doitnow

Star Member
Feb 1, 2015
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Hi All,

I have submitted my E-APR on 15th Feb 2016 along with bank letter and 8 months account statement . I have around 14k CAD$ equivalent currency as POF ( single applicant ) and this amount has been in my account for more than 1 year. Now the question is :

As there is a long waiting time (around 6 to 8 months may be), so I am planning to convert cash into my Account to some saving certificates through the same bank for profit on monthly basis.These certificates can be en cashed within 3 days whenever required.... but does CIC verify the bank statement and check if the money is no more there and my case may get affected ? should I refrain from doing this conversion at all ?

Or there is some method, through which I can update my information or inform CIC about this activity .. As i will be making Certificates from the same bank branch .. they will provide me a balance confirmation certificate again showing certificates in my names along with the amount of each certificate .. can i send this document to somewhere as an information update ?

Or is there any specific CIC official contact (email) service where I can ask this question ?

Thanks and refards,
M.Z