Express Entry - Proof of Means of Financial Support (required)

[joe9kah]

My online document checklist of PR application has a section called Proof of Means of Financial Support (required)"

I am in Canada on a work permit and I have 3 bank accounts namely TD (main account - has all my direct deposits from employer & I hold all my money in this bank). Other two are Scotiabank & CIBC which I only use for Credit Card purpose and pay everything on time by transferring money (both these accounts doesnt have any balance < $500 ).

Now, my question is that - Do I have to provide details from all 3 bank institutions (financial profile - last 4 months statements etc) & upload it or I can just give TD bank details which has major chunk of my money deposits?

 

[p.sarafraz]

According to CIC:

"If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:
• list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
• list all outstanding debts, such as credit cards and loans,
• be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address)."

I think it is necessary to provide this letter for all bank accounts as they need to make sure you don't have substantial debt to other banks under your credit cards.

Regards,
Paddy

 

[jes_ON]

My online document checklist of PR application has a section called Proof of Means of Financial Support (required)"

I am in Canada on a work permit and I have 3 bank accounts namely TD (main account - has all my direct deposits from employer & I hold all my money in this bank). Other two are Scotiabank & CIBC which I only use for Credit Card purpose and pay everything on time by transferring money (both these accounts doesnt have any balance < $500 ).

Now, my question is that - Do I have to provide details from all 3 bank institutions (financial profile - last 4 months statements etc) & upload it or I can just give TD bank details which has major chunk of my money deposits?

http://www.cic.gc.ca/english/helpcentre/questions-answers-by-topic.asp?st=29.9

"Do I need to include proof of funds for Express Entry?
...
Note: You do not have to meet the funds requirement if you were invited to apply under the Canadian Experience Class.

The system currently asks all applicants to provide a proof of funds document. If you don’t need to provide proof of funds, you must upload a letter explaining either that you have been invited to apply under the Canadian Experience Class, or that you have a valid job offer."

 

[joe9kah]

http://www.cic.gc.ca/english/helpcentre/questions-answers-by-topic.asp?st=29.9

"Do I need to include proof of funds for Express Entry?
...
Note: You do not have to meet the funds requirement if you were invited to apply under the Canadian Experience Class.

The system currently asks all applicants to provide a proof of funds document. If you don’t need to provide proof of funds, you must upload a letter explaining either that you have been invited to apply under the Canadian Experience Class, or that you have a valid job offer."

Thanks a lot , This is helpful. But since I do have funds, should I just show them?