Proof of Funds (Express Entry)
- Thread starter ThisIsHoof
- Start date
I have an FD(multiple)(in India) which will be enough(together) for the requirement for 2 persons migrating.vishalg said:
what else do you think i will need.
also one of the FD is for a term of 10 years, 4 years over 6 more to go, but breakable. The documents says 10 years.
will this be a problem...
do i need to show that i don't have any dues with any lone or facilities with the banks?
FDs are acceptable. There have been cases where people have just uploaded the FD certificates and got PPR. Try getting a letter with all details but if you don't get it with all details don't worry much about it.Abby Alex said:
I can provide a letter from my university (my offer letter dating back to 2 years ago) indicating that I got about $16,500 in scholarship last January. Do you think this along with a letter from bank indicating my average balance for the past 6 months and my current balance will be sufficient?vibhu1989 said:
I can provide a letter from my university (my offer letter dating back to 2 years ago) indicating that I got about $16,500 in scholarship last January. Do you think this along with a letter from bank indicating my average balance for the past 6 months and my current balance will be sufficient?astralsource said:
Hi guys, I have a related question as well.
while creating my express entry profile, what should I put in how much money I am bringing into Canada?
I have a valid job offer and It doesnt apply to me, yet it asks me to fill in the amount.
please help
while creating my express entry profile, what should I put in how much money I am bringing into Canada?
I have a valid job offer and It doesnt apply to me, yet it asks me to fill in the amount.
please help
If its visible on your account history that it is a scholarship then you wont have any problem, the source of the money should be clear.Mat_M said:
Guys, need your assistance. I'm a Pakistani national and currently working in Saudi Arabia.
I have taken personal loan from Saudi Arabia and remitted to Pakistan to co-invest in my father business and I don't maintain any bank balance as I mostly remit my funds to Pakistan very quickly and keep on co-investing with my father. None of these investments are under my name in any means. Those all are in the name of my father. Since the CIC requires the no liability and bank balance certificate including current balance and average last 6 months balance. How I should handle this problem. There is no problem to transfer the money from my father bank account to my bank account in Pakistan any day, may be today as well. I need special support on this from you champs. So would that suffice to transfer the amount now and show the current bank balance, however, the average balance for the last six months wouldn't show much of balance? Should I consult with the expert consultants or lawyers for immigration and get their professional advice? Please note that I do have a money trial, i.e. I remitted the funds from Saudi Arabia to Pakistan in my father account and he has been maintained good sum of balance in that account. Should I take the risk and write the proper LOE to explain this situation? What are the options. I'm just brain storming to reach to the best solution.
I have taken personal loan from Saudi Arabia and remitted to Pakistan to co-invest in my father business and I don't maintain any bank balance as I mostly remit my funds to Pakistan very quickly and keep on co-investing with my father. None of these investments are under my name in any means. Those all are in the name of my father. Since the CIC requires the no liability and bank balance certificate including current balance and average last 6 months balance. How I should handle this problem. There is no problem to transfer the money from my father bank account to my bank account in Pakistan any day, may be today as well. I need special support on this from you champs. So would that suffice to transfer the amount now and show the current bank balance, however, the average balance for the last six months wouldn't show much of balance? Should I consult with the expert consultants or lawyers for immigration and get their professional advice? Please note that I do have a money trial, i.e. I remitted the funds from Saudi Arabia to Pakistan in my father account and he has been maintained good sum of balance in that account. Should I take the risk and write the proper LOE to explain this situation? What are the options. I'm just brain storming to reach to the best solution.
Hello everyone,
I received an ITA in April and now trying to complete some of the procedures before submitting my application. I have read much of this forum and I have a question regarding proof of funds.
Our application: me (primary), my wife (dependent), our daughter (dependent)
our current bank account: empty
we will sell our car (which is registered to my wife's name) and put that money into my account. The transfer will possibly be made to my account and the amount is more than enough (~25K CAD). We also have some money that we keep in cash at home (3~4K CAD). We will deposit this amount to the bank but I'm not sure how to show it.
Will I need to submit the notarized sales evidence for our car or just simply type in that we sold it?
Do I need a notarized consent from my wife for the funds that's going to be transferred to my account from someone else's account?
Or is it just easier to open up a shared bank account with my wife and put all the funds into it, and then get a consent from my wife?
Thanks in advance for your support.
I received an ITA in April and now trying to complete some of the procedures before submitting my application. I have read much of this forum and I have a question regarding proof of funds.
Our application: me (primary), my wife (dependent), our daughter (dependent)
our current bank account: empty
we will sell our car (which is registered to my wife's name) and put that money into my account. The transfer will possibly be made to my account and the amount is more than enough (~25K CAD). We also have some money that we keep in cash at home (3~4K CAD). We will deposit this amount to the bank but I'm not sure how to show it.
Will I need to submit the notarized sales evidence for our car or just simply type in that we sold it?
Do I need a notarized consent from my wife for the funds that's going to be transferred to my account from someone else's account?
Or is it just easier to open up a shared bank account with my wife and put all the funds into it, and then get a consent from my wife?
Thanks in advance for your support.
Even if I use my Spouse bank balance to show as proof of fund, I can land alone?Maverick28 said:
Also, what do you mean by have to complete the landing procedure first?
for the amount you have in cash. Give it to the buyer of your car and ask him to pay it along with the sale value. Did you get it?april_itaapp said:Hello everyone,
I received an ITA in April and now trying to complete some of the procedures before submitting my application. I have read much of this forum and I have a question regarding proof of funds.
Our application: me (primary), my wife (dependent), our daughter (dependent)
our current bank account: empty
we will sell our car (which is registered to my wife's name) and put that money into my account. The transfer will possibly be made to my account and the amount is more than enough (~25K CAD). We also have some money that we keep in cash at home (3~4K CAD). We will deposit this amount to the bank but I'm not sure how to show it.
Will I need to submit the notarized sales evidence for our car or just simply type in that we sold it?
Do I need a notarized consent from my wife for the funds that's going to be transferred to my account from someone else's account?
Or is it just easier to open up a shared bank account with my wife and put all the funds into it, and then get a consent from my wife?
Thanks in advance for your support.