This morning I got a rejection on my express entry profile due to insufficient funds. it said the following:
Current account: 1205.68 Euros
Savings account: 7621.76 Euros
Which will sum up to 8827.44 Euros ~= 13357.24 Canadian Dollar which satisfies their requirement. and currently in my accounts I still have more than what I have represented at that time. I am wondering how did they calculate $11,178 and is there a way to contact them for explanation or/and make an appeal?
When I submitted my application, I gave them bank statements of two accounts:I am not satisfied that you meet the requirement under paragraph i) because you have not submitted sufficient evidence to satisfy me that you have at least $12,300 in the form of transferable and available funds, unencumbered by debts or other obligations. The amount of funds is assessed according to the applicant’s family size, using 50% of the current LowIncome Cut-off (LICO) from Statistics Canada for urban areas with populations of 500,000 or more. In your application you have declared an available amount of $13,000 in settlement funds. I have reviewed all information available and I am not satisfied that you have at your disposal, with sufficient liquidity, and with the ability to transfer those assets, the necessary threshold of funds to support your establishment in Canada on arrival. You have submitted evidence for funds in the amount of $11,178, assessed as per IRPR subsection 76(1)(b)(i), in the form of transferable and available funds, unencumbered by debts or other obligations. You therefore have not satisfied me that you will be able to become economically established in Canada as a member of the federal skilled worker class as per R76(1)(b).
Current account: 1205.68 Euros
Savings account: 7621.76 Euros
Which will sum up to 8827.44 Euros ~= 13357.24 Canadian Dollar which satisfies their requirement. and currently in my accounts I still have more than what I have represented at that time. I am wondering how did they calculate $11,178 and is there a way to contact them for explanation or/and make an appeal?