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Is 6 month bank account transaction history mandatory?

hhhh

Star Member
Feb 9, 2016
162
2
Dear ALL,

I see some people is discussing the PoF.
But I heard that lot of people provided the PoF with 6 months bank transaction history.
So I want to ask, If i have enough Fixed Deposit years ago and still valid in Account A, B, C.
Do I have to provide my 6 months bank transaction hisotry in my account D?

Thanks for your kindly suggestion.
 

StAnger

Hero Member
Nov 10, 2015
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hhhh said:
Dear ALL,

I see some people is discussing the PoF.
But I heard that lot of people provided the PoF with 6 months bank transaction history.
So I want to ask, If i have enough Fixed Deposit years ago and still valid in Account A, B, C.
Do I have to provide my 6 months bank transaction hisotry in my account D?

Thanks for your kindly suggestion.
The only requirement is minimum POF required for you to sustain in the initials months while you land in canada, which should be drawable and not a loan. Ask for a certificate from your bank to list the account details of FD. It is always advisable to show a savings account.
 

hhhh

Star Member
Feb 9, 2016
162
2
StAnger said:
The only requirement is minimum POF required for you to sustain in the initials months while you land in canada, which should be drawable and not a loan. Ask for a certificate from your bank to list the account details of FD. It is always advisable to show a savings account.
StAnger,

Thanks for your reply, then i understand the 6 months transaction history is not mandatory.
Then I'll not submit them unless they're asking.
 

Asivad Anac

VIP Member
May 27, 2015
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hhhh said:
StAnger,

Thanks for your reply, then i understand the 6 months transaction history is not mandatory.
Then I'll not submit them unless they're asking.
Get your bank to mention 6 months average balance in the letter. Else ask them to mention opening/closing balances for the last 6 months in the letter. If they refuse to do any of those, you'll have to submit 6 month bank statements.
 

hhhh

Star Member
Feb 9, 2016
162
2
Asivad Anac said:
Get your bank to mention 6 months average balance in the letter. Else ask them to mention opening/closing balances for the last 6 months in the letter. If they refuse to do any of those, you'll have to submit 6 month bank statements.
Dear Asivad Anac,

I am confused again.
In my another post, just confirmed that 3 years fixed deposit is acceptable. Then I assume there's no need to show other account information under my name and the transaction history.
For example I have
1 fixed deposit in local currency equal to about CAD$10K, from 2013-07 to 2016-07,
1 fixed deposit in local currency equal to about CAD$10K from 2013-06 to 2016-06.
I've asked my bank to freeze the account, which means it's not able to be withdrew.
And the bank statment also said this:
The mentioned deposit accounts will start to be fronzen for 263 days from this date on when this certificate is issued.
The issue date is 2016-01-01.


That means from 2013-06 to 2016-06 the saving is Fixed Deposit, but after that i'll be automatically become to current deposit.
But the money inside will be frozen from 2016-01-01 to 263 days later: say as 2016-8-31.

So is this acceptable?
Just because it's one-time paper-based fixed deposit, that means I cannot add more money in or withdraw any part of the money unless all of them. This means there's no transaction history of the account, only open date, amount, maturity date are shows, besides personal information.
If i have to submit the transaction history under my another bank account (card), you'll see: $1.5K saving, then soon it is withdrew, every month...so the balance is always 0 every month...

Please kindly advise.
thanks.
 

Asivad Anac

VIP Member
May 27, 2015
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1. The money should be available to you whenever you want it.

2. The money should not be borrowed.

3. One way of proving that it isn't borrowed is by looking at 6 months average balance. In this case, your 6 months average balance will be equal to current balance (not bothering with accrued interest here) so there is nothing to worry about here.
 

hhhh

Star Member
Feb 9, 2016
162
2
Asivad Anac said:
1. The money should be available to you whenever you want it.

2. The money should not be borrowed.

3. One way of proving that it isn't borrowed is by looking at 6 months average balance. In this case, your 6 months average balance will be equal to current balance (not bothering with accrued interest here) so there is nothing to worry about here.
Dear Asivad Anac,

I finally understand the situation.
I SINCERELY APPRECIATE YOUR PATIENCE AND SUGGESTIONS AND COMMENTS.