OINP officer wants verifiable proof of the source of the funds

[Canadamig1]

Hello All,

At the time of application i had taken a bank loan for the full amount for CIC proof of funds and also took money from friends for the full amount. i.e. I showed twice the amount required.

The CIC officer has sent me an email regarding the deposits made into my account by my friends where he has requested for proof of the source of the funds and proof that the funds are unencumbered.

I have returned the funds to my friends and have recently re-paid the bank loan as well. Now the amount in my bank account is unencumbered and free of debt.

I have planned to provide my current bank statement and a no liability letter from my bank to prove that the funds are unencumbered.
Please let me know if this would be enough?

 

[Andre_Smol]

Since he asked you for the source of the funds, I think you will need to be able to include either paystubs or affadavids from people saying that they have gifted the money to you.

Because even if you get a letter from your bank saying that you dont have any loans with them, that doesnt mean that the money in your account isnt a private loan from a friend or family member, which wouldnt be allowed.

So I would focus on proving where you got the money from, whether it was from employment income or as a gift from friends to have proof of the source of funds itself.

 

[Stanlee]

Hello All,

At the time of application i had taken a bank loan for the full amount for CIC proof of funds and also took money from friends for the full amount. i.e. I showed twice the amount required.

The CIC officer has sent me an email regarding the deposits made into my account by my friends where he has requested for proof of the source of the funds and proof that the funds are unencumbered. - When you submitted your application package to OINP, did you submit a Gift Deed for the amount that your friend transferred to your bank account? If not, probably that is the reason the case officer wants to know that funds that you have shown is not a loan. Otherwise, the officer wants to ensure that the amount is still in your account.

I have returned the funds to my friends and have recently re-paid the bank loan as well. Now the amount in my bank account is unencumbered and free of debt.

I have planned to provide my current bank statement and a no liability letter from my bank to prove that the funds are unencumbered.
Please let me know if this would be enough? - If this is the same bank account in question, then the recent statements would show debits to your bank account on account of loan repayment and transfers to your friends. In case any question is asked in this regard, you should have a valid reason to explain the same (which I believe you would have.

As mentioned by Andre_Smol, use this as an opportunity to provide pay slips etc in addition to the letter from the bank and bank statements.

 

[Canadamig1]

Thank you Andre_Smol and Stanlee for your inputs.