Good day everyone!
I have a question regarding POF. I have already applied for PR EE. At the time of submission, my account was fulfilling requirement of LICO. But it has been more than 2 months since I applied and during this my account face some minor variations. Which is worrying me.
Actually this is my running account, and lots of thing can happen. I will try explain.
When I submit my file my account was showing 24000 CAD. This money stayed there for a while. Then, as this is my running account and I had to pay fees, living and bills etc with this account, and this slightly went down like to 23,000. Lets says POF requirement is now 23,181 and it went down to 22800. Hardly 500 CAD variation. Then I sold something and put it back to above POF requirement. Right now the POF required money is there in my account.
I can explain these variations to CIC. Will this be acceptable? I mean whenever they ask again for statement, the money will sure be there, but will show these minor variations, slightly go down and then back. But at last whenever they ask, the money they required will be there.
I will not be waiting for them to ask for statement and then put the money back, I know when it is going down and I am recovering it fast to be back above POF requirement. Will it work this way?
Thanks
I have a question regarding POF. I have already applied for PR EE. At the time of submission, my account was fulfilling requirement of LICO. But it has been more than 2 months since I applied and during this my account face some minor variations. Which is worrying me.
Actually this is my running account, and lots of thing can happen. I will try explain.
When I submit my file my account was showing 24000 CAD. This money stayed there for a while. Then, as this is my running account and I had to pay fees, living and bills etc with this account, and this slightly went down like to 23,000. Lets says POF requirement is now 23,181 and it went down to 22800. Hardly 500 CAD variation. Then I sold something and put it back to above POF requirement. Right now the POF required money is there in my account.
I can explain these variations to CIC. Will this be acceptable? I mean whenever they ask again for statement, the money will sure be there, but will show these minor variations, slightly go down and then back. But at last whenever they ask, the money they required will be there.
I will not be waiting for them to ask for statement and then put the money back, I know when it is going down and I am recovering it fast to be back above POF requirement. Will it work this way?
Thanks