Hello, Thanks in advance. I have got a BO (Beneficial Owners) Account for stock trading.
Right now, In that account, I've around CAD 12k in a liquid state (risk-free cash and readily available) and another 5k in Stocks. and I had this account for nearly 2 years. So my questions are:
1. Can I show this as my proof of funds?
2. Do I need to show any source from which I got the money, considering that I've had this for 2 years?
3. I plan to apply within December, will it be wise to create an FDR this late?
Any insight will be helpful. thanks.
Right now, In that account, I've around CAD 12k in a liquid state (risk-free cash and readily available) and another 5k in Stocks. and I had this account for nearly 2 years. So my questions are:
1. Can I show this as my proof of funds?
2. Do I need to show any source from which I got the money, considering that I've had this for 2 years?
3. I plan to apply within December, will it be wise to create an FDR this late?
Any insight will be helpful. thanks.
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