I's just thinking about RPRF encashment cycle of LVO. As it is true for many (approx all) organizations, there are usually two cash cycles - early to middle (10 to 15) payment cycle and later to end payment cycle (20 to 25). I's thinking LVO must also be working according to their payment cycle days.......I can assume that whatever the demand drafts they might have received, they put all those for up-coming cycle (the cycle of sending to CIC where all the DD's collected during that cycle might be submitted to Canadian Banks for encashment and in 7 to 15 days following submission to Canadian Bank, the payment would be made - that is the point where Visa Office would be informed and from that point on, Visa Office steps forward for next processing stage - which would be PPR in our case). This is what I can understand.
With this understanding, lets put it this way that LVO DD submission cycle happens on 30th of every month, means if our DD has reached to them even on 15th (or on 19th, as of mine), it would be sent to Canadian Bank on 30th of the month.......and in 7 to 15 days following submission, the encashment would take place, so by 15th Jun, we should expect to have our DD encashed...........so I should ask to my bank after 15th Jun (regarding encashment of RPRF DD). And, probably, after 15th Jun, LVO would step on the next move (PPR1).......
Oh, this immigration has made me financial person as well........... ??? ??? ???
Howsoever, Saeed Bhai, you may comment on it better, as you have sound financial background.