Proof of funds: do I need to get a letter from every single bank I'm with?

[Option Paralysis]

Or would it be enough to just get a letter from one bank which shows I have the required funds? Thanks.

 

[darkenny]

Simple answer ... no. Just the one(s) with your pof

 

[Option Paralysis]

Thanks. I was a bit confused because the document requirements mention that the letter needs to include outstanding debts. Now, I'm not in debt to any banks, but hypothetically a candidate could submit a letter from one bank while not submitting anything from another bank where they're in debt, so surely CIC would want to know this, right? Or do they not care as long as one of the accounts has enough net funds?

 

[dks2323]

Thanks. I was a bit confused because the document requirements mention that the letter needs to include outstanding debts. Now, I'm not in debt to any banks, but hypothetically a candidate could submit a letter from one bank while not submitting anything from another bank where they're in debt, so surely CIC would want to know this, right? Or do they not care as long as one of the accounts has enough net funds?

I dont think they care if you show the POF......I just showed my TD bank statments in Canada though I have accounts in US and India as well....got my PR and had no issues whatsoever...

 

[Option Paralysis]

Thanks. Did you just show statements, or did you need to follow the guidelines?

The applicant should provide an official letter(s) from one or more financial institutions that lists all current bank and investment accounts as well as outstanding debts, such as credit card debts and loans.

• The letter(s) 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 numbers, the date each account was opened and the current balance of each account as well as the average balance for the past six months.

http://www.cic.gc.ca/english/resources/tools/perm/express/intake-complete.asp