I have a query regarding Proof of Fund for FSW Express Entry.
As per CIC for since I will be coming to Canada alone I need to have $12,164 (Canadian dollar) in my account. The bank letter should also state the current balance of each account as well as the average balance in the past six months.
I am confused regarding the six month average balance. I am about to make my EE profile this month and have enough points over 450 so I expect to get my ITA in next draw. Currently, I don't have the amount and I will be getting the funds from my father as a gift. So if I deposit the amount now in my account I would only be having one month balance of required $12,164 (Canadian dollar).
What you people suggest?
1. Should I put the money in my bank account now and wait for five months so that I can have an average bank statement with $12,164 (Canadian dollar)? and I will make my EE profile after 5 months.
2. Or is it fine if my father can sign me a gift deed along with a legal notarized letter that he has given me the funds as a gift. In that case I can make my profile now but my average bank balance would be very low but the current balance would have the stated amount. Just to make it clear my father sponsored my MBA from UK. He paid the fees and living expense while I was in UK.
Thanks and looking to a positive response.