In one of the early posts it is mentioned that we need to show Proof of Funds via a letter from the bank when applying in EE (PNP Nomination), and
• must be printed on the letterhead of the financial institution and must include the applicant’s name,
• the contact information of the financial institution (address, telephone number and email address),
• the account number,
• the date account was opened and
• the current balance of account as well
• the average balance in the past six months
Questions:
1. Is this necessary, or can we show bank statements for 6 moths?
2. Do we do it for ALL our accounts, or only those that are sufficient for settlement fund?
3. Do we have to show loans as well? I have an auto loan in progress, but if I get my PR, I will sell the car and pay off the loan, so it is not really a liability.
4. Will these be asked for when we submit the application, or at a later date?
Any advice is appreciated.