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proof of fund

DBXtoCAN

Newbie
Sep 4, 2011
9
0
Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
 

mitali

VIP Member
Sep 7, 2008
3,251
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DBXtoCAN said:
Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
Yes, VO's generally requests for an updated statement or a PERSONAL NET WORTH STATEMENT towards the end of the process....at the time of RPRF request.

Mitali
 

asyousuf

Champion Member
Jan 7, 2010
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April 2011
DBXtoCAN said:
Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
May or may not. 50 50 chance
 

Cappuccino

VIP Member
Jun 23, 2009
4,594
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Category........
Visa Office......
London
NOC Code......
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Job Offer........
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App. Filed.......
30-Aug-2010
AOR Received.
15-Dec-2010
IELTS Request
Sent with app - 8.5 band score
Med's Request
13-Apr-2011
Med's Done....
19-Apr-2011
Passport Req..
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VISA ISSUED...
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27-Aug-2011[br][br]ECAS[br]Recd By VO.....: 11-Feb-2011[br]In Process.......: 15-Mar-2011[br]Decision Made.: 25-Jun-2011
DBXtoCAN said:
Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
Please note that you cannot use loans as proof of funds. It must be YOUR money, and not borrowed. CIC are very clear about this:
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

My apologies if I have misunderstood you, but if you used borrowed funds for your application you will be caught if CIC ask for 6 to 12 months bank statements during processing. And if you are caught, not only will your application fail but you may not be eligible to apply for a number of years. And frankly, I hope you are caught.

It is concerning the growing number of applicants who believe the rules do not apply to them and who think they can cheat their way into Canada :(

Wayne.
 

Cappuccino

VIP Member
Jun 23, 2009
4,594
409
Category........
Visa Office......
London
NOC Code......
3131
Job Offer........
Pre-Assessed..
App. Filed.......
30-Aug-2010
AOR Received.
15-Dec-2010
IELTS Request
Sent with app - 8.5 band score
Med's Request
13-Apr-2011
Med's Done....
19-Apr-2011
Passport Req..
28-June-2011
VISA ISSUED...
21-July-2011
LANDED..........
27-Aug-2011[br][br]ECAS[br]Recd By VO.....: 11-Feb-2011[br]In Process.......: 15-Mar-2011[br]Decision Made.: 25-Jun-2011
azazaz said:
hahaaha ;D

good to see you back man, where were you
Hi :) Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.
 

devilhimselff

Champion Member
Jul 10, 2005
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Yep...
@ Cap...Welcome back :)

Cool that you landed :D best of luck for future.

@ Poster of this thread, above advice is what reality is.
 

mitali

VIP Member
Sep 7, 2008
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Hi DBXtoCan,

The following link is from Manila VO which has the sample of Net worth statement (A9-A11). You may get an idea of what is to be expected.

Please pay off the loan so that you have the POF which truly belongs to you. You still have couple of months before you get VO"s request for POF.

http://www.cic.gc.ca/english/pdf/kits/guides/E37025.pdf


Mitali
 

pittabread

Champion Member
Oct 25, 2010
1,699
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Cappuccino said:
Please note that you cannot use loans as proof of funds. It must be YOUR money, and not borrowed. CIC are very clear about this:
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

My apologies if I have misunderstood you, but if you used borrowed funds for your application you will be caught if CIC ask for 6 to 12 months bank statements during processing. And if you are caught, not only will your application fail but you may not be eligible to apply for a number of years. And frankly, I hope you are caught.

It is concerning the growing number of applicants who believe the rules do not apply to them and who think they can cheat their way into Canada :(

Wayne.
Welcome back Wayne. Congrats on landing... :). Wish everything works out for you smoothly in Canada....
 

azazaz

Hero Member
Jul 6, 2011
374
77
Cappuccino said:
Hi :) Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.
kool...how did you find canada so far. is it cold there? what do you think is canada better than uk?
 

azazaz

Hero Member
Jul 6, 2011
374
77
Cappuccino said:
Hi :) Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.
i have observed one thing. do you remember that guy immigration1 who was declaring he cheated cic for claiming relative's points and he was proud and brave to do that. i have not seen him after you threatened him that you are going to report him. i think he got scared and ranaway . i think he has left this forum.. ;D
 

DBXtoCAN

Newbie
Sep 4, 2011
9
0
Wayne.

thanks dear, for your thoughts, but my loan is towards my car and i have more then enough funds

should i have new bank account or fixed deposit ???

cheers
 

mitali

VIP Member
Sep 7, 2008
3,251
474
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Pre-Assessed..
DBXtoCAN said:
Wayne.

thanks dear, for your thoughts, but my loan is towards my car and i have more then enough funds

should i have new bank account or fixed deposit ???

cheers
Then nothing to worry at all. Please check my earlier post with the details of PNWS and you'll get an idea. So if you have a loan towards your car you will have to mention it in the PNWS.

Why would you have NEW bank account....continue with the old one which has your POF and send statements from that, if asked for.

Good Luck.

Mitali
 

azazaz

Hero Member
Jul 6, 2011
374
77
DBXtoCAN said:
Wayne.

thanks dear, for your thoughts, but my loan is towards my car and i have more then enough funds

should i have new bank account or fixed deposit ???

cheers
if loan is for car why didn't you show your full statement before? and if you have more than enough funds why you took loan? come on don't play games here..