Express Entry - Proof of Funds queries for FSW

[Rubesh04]

Hi All,

I and my wife have applied for Express Entry, our CRS is 437 and waiting for ITA. We are from India and I am the primary applicant. I have few queries on Proof of funds and hope this forum will help me to understand. Below are the queries

1. Can we show the dependent account as well for proof of funds? i.e. can we provide a document for both mine and my wife's account combining the required funds?

2. I don't have CAD 15,772 in my account right now. But we will be getting the required amount as gift deeds from my father and father in law. What documents should i submit as proof for that. Also, in this case, a huge amount will be credited in the account within 6 months. Will that create any problem even after we provide Gift Deed Notary Signed document.

3. Can I show my PF Account balance proof and statement certificate

4. If we have any liquid cash in hand. how can we show that as proof. For eg. I have 1 Lakh INR or 1500 CAD cash in hand by selling a few commodities, how can I show this as proof? should i deposit in the bank account ? in that case again a huge amount will be deposited, what proof should i show for this?


It would be very helpful if someone could help me on this. Thanks

 

[ashwani.m]

1. Yes
2. Gift deed on stamp paper (notarised) and their bank statements. No, it will not create any problem. But for safer side, get amount credited before getting ITA.
3. Yes this proof gets accepted mostly.. They need to be sure that you have ready arrangement of money
4.What commodities you'll be selling? 1L is not that big amount so relax. No proof required. Ppl keep this much cash sometimes for emergency in their lockers and even at their home in almirah so should not be issue there. Sale of big items like House and Land are to be supported by documents