Financial Support documents ... What to do ?? I'm confused !! :(

[Asivad Anac]

Okay, writing an LOE won't be an issue, but what 'physical evidence' do I need to show the debit and credit of this amount ? Like, bank statements for both accounts ? What if the bank statement doesn't mention the transaction number (they normally don't in Pakistan, but bank statements normally have columns for things like dates, amounts, etc., and they can't have a column thick enough to show transaction numbers too).

And is this evidence really needed if I'm already attaching a bank letter issued from the bank, and a letter signed by my mother confirming the 'gift' nature of the transaction ? The reason I ask is because from tomorrow onwards, Pakistan has about 8-9 days off because of Eid, so waiting for the banks to open again can create delays. Also, my 60 days for submitting the PR application finish on 6th October, so I have to submit before then.

Today is the last working day in Pakistan before the public holidays start so I'll try to get them made today, but what do I do if I cannot ?

Don't risk it. Attach a bank statement from both the accounts clearly highlighting the money transfer. I got refused on a POF technicality myself so I know that not attaching this proof is a big risk.

Even if the bank statement doesn't mention transaction reference numbers, you can explain that further in the LOE. Attach those documents without fail.

All the best!

 

[ahmadka]

Okay, I will try my best to get them today somehow :/

 

[sukhjinder27]

i have a question about my gift money from my dad. the question is that is it ok if my dad gives me a cheque of 10 lakh INR or any demand draft will be good . Because on demand draft there is not any name printed of giver ,But on cheque there will be a name printed on it , we can send a scan copy of cheque to cic .and i think sending a cheque will be more positive than demand draft .
i will appreciate if u suggest me something
thank you

 

[ahmadka]

Hi Asivad ..

Can you please guide me on how to go about writing that LOE which explains the 'gift' thing as being the funds that I can use once in Canada ?

1) How long does my LOE need to be, and what keywords should I be using in my essay ?

2) I assume that I will be attaching this explanation in the the dedicated 'Letter of Explanation' section, right ? That is, I will NOT be attaching my LOR in the financial documents upload PDF. Correct ?

3) Last, I want to confirm one last time if I have the correct documents to proof his 'gift' scenario:

......... a) Letter from mother stating that the money she transferred to me was a gift and not a loan of any kind,
......... b) letter from bank confirming the transfer, also also confirming the transaction details mentioned in my mother's letter,
......... c) My bank statement showing the transfer as incoming
......... d) My mother's bank statement also showing the same transfer as outgoing

Thanks for your help!

 

[Asivad Anac]

i have a question about my gift money from my dad. the question is that is it ok if my dad gives me a cheque of 10 lakh INR or any demand draft will be good . Because on demand draft there is not any name printed of giver ,But on cheque there will be a name printed on it , we can send a scan copy of cheque to cic .and i think sending a cheque will be more positive than demand draft .
i will appreciate if u suggest me something
thank you

The instrument doesn't matter as long as the money is physically transferred into the beneficiary account.

Follow this thread ---> http://www.canadavisa.com/canada-immigration-discussion-board/a-complete-way-to-nail-source-of-fund-dilemma-t349224.0.html

 

[Asivad Anac]

Hi Asivad ..

Can you please guide me on how to go about writing that LOE which explains the 'gift' thing as being the funds that I can use once in Canada ?

1) How long does my LOE need to be, and what keywords should I be using in my essay ?

Not aware of any specific word limit on this but this section has the same 4 MB limit as other sections. No specific keywords - just highlight whatever you think needs to be explained in your application.

2) I assume that I will be attaching this explanation in the the dedicated 'Letter of Explanation' section, right ? That is, I will NOT be attaching my LOR in the financial documents upload PDF. Correct ?

You can attach sectional LOE along with other relevant documents in any specific placeholder in addition to a meta-LOE in its own section.

3) Last, I want to confirm one last time if I have the correct documents to proof his 'gift' scenario:

......... a) Letter from mother stating that the money she transferred to me was a gift and not a loan of any kind,
......... b) letter from bank confirming the transfer, also also confirming the transaction details mentioned in my mother's letter,
......... c) My bank statement showing the transfer as incoming
......... d) My mother's bank statement also showing the same transfer as outgoing

Appears comprehensive. Check anujgupta84's recommendations as well - not all of their documents appear to be necessary in each case but they did present a watertight case as part of their application.
http://www.canadavisa.com/canada-immigration-discussion-board/a-complete-way-to-nail-source-of-fund-dilemma-t349224.0.html

Thanks for your help!

 

[ahmadka]

So is it okay openly state in my LOE that my mother transferred XYZ amount of money to me as a gift, that they are free from all kinds of loan/debt, and that I intend to them to live in Canada for the first year ? Or could openly stating this as such negatively affect my application ? That is, should I reword this some other way, without, for example, claiming that the money was a 'gift' ?

Also, if I explain the gift thing is two places (sectional LOE and main LOE), won't there be too much repetition ?

 

[Asivad Anac]

So is it okay openly state in my LOE that my mother transferred XYZ amount of money to me as a gift, that they are free from all kinds of loan/debt, and that I intend to them to live in Canada for the first year ? Or could openly stating this as such negatively affect my application ? That is, should I reword this some other way, without, for example, claiming that the money was a 'gift' ?

CIC doesn't want to know your plans for the first year. They are keen to know that this money belongs to you and is free of all manners of debts/obligations. Focus on proving that fact in your supporting documentation and LOE if required. Don't confuse an LOE with an SOP like the one you send with a grad school application - CIC doesn't need the latter.

Also, if I explain the gift thing is two places (sectional LOE and main LOE), won't there be too much repetition ?

You won't explain it in 2 places - it can be explained in the relevant section OR in the LOE section.

 

[ahmadka]

Regarding my first question, I think you may have misunderstood what I was trying to ask. I wasn't intending to share my first year plans with CIC, rather I just want to know if for example, it would be okay to refer to the money transferred to me as a gift in the LOE too .. ? I assumed that maybe if I openly admitted that the money was gifted to me, even if I own it completely without any debt, then it might lower my potential as a future salary earner in Canada in the eyes of the visa officer .. I wanted to know if this would be the case, should I instead refer to those funds as something else, instead of referring to them as a gift which I received without having to give back anything in return ?

 

[nokia3315]

Can anyone confirm - you can show the joint account only with your spouse and only if she is applying EE with you as well. In this case applying with a joint account in his father's name may not work.

 

[Asivad Anac]

Regarding my first question, I think you may have misunderstood what I was trying to ask. I wasn't intending to share my first year plans with CIC, rather I just want to know if for example, it would be okay to refer to the money transferred to me as a gift in the LOE too .. ? I assumed that maybe if I openly admitted that the money was gifted to me, even if I own it completely without any debt, then it might lower my potential as a future salary earner in Canada in the eyes of the visa officer .. I wanted to know if this would be the case, should I instead refer to those funds as something else, instead of referring to them as a gift which I received without having to give back anything in return ?

You can't call it anything else, can you? It's not your funds or a lottery or an inheritance. It's a gift and that's what has to be proved conclusively as well. CIC doesn't discriminate based on source of funds which are used to showcase POF and this is certainly not an indicator of your future earning prospects in Canada and they know that.

All CIC really wants to know is that you have these funds available with you to spend as and when required and that you haven't borrowed them. Period.

 

[nokia3315]

Joint account with spouse is only valid. So can he use a joint account with father ?

 

[Asivad Anac]

Can anyone confirm - you can show the joint account only with your spouse and only if she is applying EE with you as well. In this case applying with a joint account in his father's name may not work.

Any account with the PA's name on it can be used to showcase POF. Need not be the spouse, need not be someone who is part of the application.

What is mandatory though, when you're using a joint account for POF purposes, is to submit a signed self -declaration from the other account holder(s) that they have no reservations against the PA utilizing 'X' funds from that joint account towards their POF.

 

[nokia3315]

Show joint account only with spouse is valid. So can he show the joint account with his father ?

 

[Asivad Anac]

Show joint account only with spouse is valid. So can he show the joint account with his father ?

Read the response completely before repeating your question. And the answer is Yes.