+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Newly opened account POF

imacuser

Star Member
Jun 8, 2015
108
15
Asking for a friend who doesn't have a bank account because he just moved to a new country. For POF he is planing on opening a new bank account in his current country of residence and will get all the money from his parents.

He has a gift deed but will it be enough or does he need any other documents as well? His account will have no transactions and is opened at the start of the same month he is planning to apply for PR.

He has another account in a different country that he used throughout last year but that account never had sufficient funds, not even close to 5k CAD. He is not planning adding bank statements for that account. Should he add them?

Alternate option:
His parents can submit that money in his account in a different country, this way his account will have a 6 month history, but now his country of residence will be different from the country of the account.
 
Last edited:

Mohammad Wally

Star Member
Oct 19, 2013
122
15
Asking for a friend who doesn't have a bank account because he just moved to a new country. For POF he is planing on openinga new bank account in his current country of residence and will get all the money from his parents.

He has a gift deed but will it be enough or does he need any other documents as well? His account will have no transactions and is opened at the start of the same month he is planning to apply for PR.

He has another account in a different country that he used throughout last year but that account never had sufficient funds, not even close to 5k CAD. He is not planning adding bank statements for that account. Should he add them?

Alternate option:
His parents can submit that money in his account in a different country, this way his account will have a 6 month history, but now his country of residence will be different from the country of the account.
I am really not sure about this issue. Don't you think it is fishy to open a bank account just few days before your application submission? But again if you have proper explanation for this, then no one has anything to say. Over these years I learned from this forum and everywhere else that, if you can justify your situation which with truthfulness and honesty then you have no problem at all. Best of luck.