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Proof of Funds Bank Letter Format

emaadshehzad

Newbie
Sep 22, 2016
8
0
Hi All,

I am in process of getting a letter from the bank to show my proof of settlement funds. Can you all share the format of the letter that you all used?

Thanks,
 

vinitmenon

Hero Member
Nov 1, 2012
641
310
there is no set format. get your bank profile, opening closing balance for last 6 months. if you have american express credit card then you need to submit 6 months statement as amex wont give any other letter and these statements are valid with cic. get bank letter from as many accounts u have in any number of banks.
 

simple25

Full Member
Oct 1, 2016
37
9
TO WHOM SO EVER IT MAY CONCERN

This letter is to certify that Miss/Mr.______________ son/daughter of Mr._________________ and Mrs.____________ Resident of house no___________ has/have been maintaining saving bank account number____________ with bank of______ branch_______, since____________ and he/she/they holds fixed deposits/saving funds with the bank of approximately ________________which is equivalent to Canadian Dollars___________in our account books at the close of business today on__________________2017.It is also certify that these funds are fully free of any liens, debts and/or encumbrances and are maintained and available for immediate transfer as of_______________2017.
This certificate is issued at the request of customer.

Authorized signatory



For bank______________
 

robinsinghsobti

Star Member
Nov 9, 2015
139
1
Visa Office......
Etobicoke
simple25 said:
TO WHOM SO EVER IT MAY CONCERN

This letter is to certify that Miss/Mr.______________ son/daughter of Mr._________________ and Mrs.____________ Resident of house no___________ has/have been maintaining saving bank account number____________ with bank of______ branch_______, since____________ and he/she/they holds fixed deposits/saving funds with the bank of approximately ________________which is equivalent to Canadian Dollars___________in our account books at the close of business today on__________________2017.It is also certify that these funds are fully free of any liens, debts and/or encumbrances and are maintained and available for immediate transfer as of_______________2017.
This certificate is issued at the request of customer.

Authorized signatory



For bank______________
Do we not need to list all the fixed deposit accounts?
 

xpressentry

VIP Member
Nov 27, 2016
3,109
187
London
Category........
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Schedule A - upfront
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simple25 said:
TO WHOM SO EVER IT MAY CONCERN

This letter is to certify that Miss/Mr.______________ son/daughter of Mr._________________ and Mrs.____________ Resident of house no___________ has/have been maintaining saving bank account number____________ with bank of______ branch_______, since____________ and he/she/they holds fixed deposits/saving funds with the bank of approximately ________________which is equivalent to Canadian Dollars___________in our account books at the close of business today on__________________2017.It is also certify that these funds are fully free of any liens, debts and/or encumbrances and are maintained and available for immediate transfer as of_______________2017.
This certificate is issued at the request of customer.

Authorized signatory



For bank______________
Please don't include parents names.
 

kusrbo

Full Member
Feb 2, 2017
47
17
Is that suffice if we show the proof of funds for 15000 CAD for two or is it require to show all the funds in all the accounts?
If I have a mortgage on my house should I need to show that aswell for last 6 months?
If I have multiple credit cards should I need to get the statements of all the credit cards for last 6 months?

Please advise
 

The Robust

Hero Member
Dec 15, 2014
595
31
Category........
Visa Office......
LVO
NOC Code......
1111
Job Offer........
Pre-Assessed..
App. Filed.......
CAP REACHED
Doc's Request.
Applied in Express Entry
xpressentry said:
Please don't include parents names.
Do we have to get a letter from bank or just bank statement on bank letterhead with bank stamp is sufficient ?
 

Sud_6

Member
May 10, 2017
11
0
Hi All,

I have deposited the minimum required amount in my bank last month as a proof of funds. Can someone please share the affidavit format where it states that the funds were accepted from parents as gift as my bank statement does not shows the same amount of funds for last 6 months.

Thanks in advance.
 

brunolord

Full Member
Dec 7, 2017
21
0
Do we have to get a letter from bank or just bank statement on bank letterhead with bank stamp is sufficient ?
Similiar if not the same question:

It seems that people have different opinions on this, is the letter necessary or, for instance, e-statements that have all the data required are sufficient? (Assuming you have one for each of the 6 months)
 

The Robust

Hero Member
Dec 15, 2014
595
31
Category........
Visa Office......
LVO
NOC Code......
1111
Job Offer........
Pre-Assessed..
App. Filed.......
CAP REACHED
Doc's Request.
Applied in Express Entry
Similiar if not the same question:

It seems that people have different opinions on this, is the letter necessary or, for instance, e-statements that have all the data required are sufficient? (Assuming you have one for each of the 6 months)
no e statements, get it on the bank letter head
 

magnifico99

Full Member
Sep 23, 2017
26
10
Seattle, WA
no e statements, get it on the bank letter head
Has there been a formal communication from CIC that e-statements are not acceptable? Or any rejections you have come across?

I am in process of collecting financial documents and e-statements are very easy for me to obtain. As opposed to getting from the bank on their letterhead.
 

explorer84

Full Member
Oct 21, 2017
23
1
Has there been a formal communication from CIC that e-statements are not acceptable? Or any rejections you have come across?

I am in process of collecting financial documents and e-statements are very easy for me to obtain. As opposed to getting from the bank on their letterhead.
Hi,

Even i would like to know this thing. My bank refuses to give any letter in such format. I can provide my bank a/c statement and credit card statement of last 6 months. Won't that be enough ? Plz advise.
 

albak

Star Member
Sep 5, 2017
78
16
If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:
  • list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
  • list all outstanding debts, such as credit cards and loans,
  • be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address).
This is from CIC regarding bank letter. I think they are pretty clear that it needs to be in bank letterhead.
 

sukrithy

Full Member
Feb 23, 2017
30
9
TO WHOM SO EVER IT MAY CONCERN

This letter is to certify that Miss/Mr.______________ son/daughter of Mr._________________ and Mrs.____________ Resident of house no___________ has/have been maintaining saving bank account number____________ with bank of______ branch_______, since____________ and he/she/they holds fixed deposits/saving funds with the bank of approximately ________________which is equivalent to Canadian Dollars___________in our account books at the close of business today on__________________2017.It is also certify that these funds are fully free of any liens, debts and/or encumbrances and are maintained and available for immediate transfer as of_______________2017.
This certificate is issued at the request of customer.

Authorized signatory



For bank______________
Hi
My bank is refusing to include in the statement that the funds are feee of any debts/ liens etc... it says that is never given and is not in their format. I transferred the funds to another bank , but they also refused the same.
Is that sentence important?
Can I just submit a 6 months statement letter from bank stating my details and the clear balance ??

Please reply
Thankyou
 

Histrionics

Hero Member
Nov 22, 2017
419
230
India
Visa Office......
NDVO
NOC Code......
2171
App. Filed.......
26-10-2017
Nomination.....
No
AOR Received.
31-03-2018
Med's Done....
21-03-2018
Passport Req..
21-06-2018
Hi
My bank is refusing to include in the statement that the funds are feee of any debts/ liens etc... it says that is never given and is not in their format. I transferred the funds to another bank , but they also refused the same.
Is that sentence important?
Can I just submit a 6 months statement letter from bank stating my details and the clear balance ??

Please reply
Thankyou
Yes, it is good for the bank to specify that your funds are free if encumbrances. I have heard if ICICI and HDFC issuing such letters.