Proof of Funds (Express Entry)
- Thread starter ThisIsHoof
- Start date
awesome. Can you please share your statement or it's format so that I can use the same format?
As per my research, All liabilities should be disclosed. My suggestion is to be rather safe than sorry.
Hi All,
I recently got my ITA and have arranged the required fund by receiving a cheque from my father.
The problem is that the cheque didn't come directly from his account but came from a third party, to whom my father recently sold his shop. Now i have submitted the cheque in my account but not sure how to proof that this money actually belonged to my father. I can make the gift deed but it won't have my fathers account detail etc.
Can anybody please help here? Should i just withdraw and apply a few months later with the fund already in my account?
Thanks
Faizan.
I recently got my ITA and have arranged the required fund by receiving a cheque from my father.
The problem is that the cheque didn't come directly from his account but came from a third party, to whom my father recently sold his shop. Now i have submitted the cheque in my account but not sure how to proof that this money actually belonged to my father. I can make the gift deed but it won't have my fathers account detail etc.
Can anybody please help here? Should i just withdraw and apply a few months later with the fund already in my account?
Thanks
Faizan.
I think you can attach the sale deed of that shop and then your gift deed would be good enough to certify the whole thing.Hi All,
I recently got my ITA and have arranged the required fund by receiving a cheque from my father.
The problem is that the cheque didn't come directly from his account but came from a third party, to whom my father recently sold his shop. Now i have submitted the cheque in my account but not sure how to proof that this money actually belonged to my father. I can make the gift deed but it won't have my fathers account detail etc.
Can anybody please help here? Should i just withdraw and apply a few months later with the fund already in my account?
Thanks
Faizan.
I think in your bank statement, only the cheque number will appear and not the name of the person. and you don't have to attach the cheque copy. So simply make a gift deed from your father and explain in the LoE that the credit is a gift from your father.Hi All,
I recently got my ITA and have arranged the required fund by receiving a cheque from my father.
The problem is that the cheque didn't come directly from his account but came from a third party, to whom my father recently sold his shop. Now i have submitted the cheque in my account but not sure how to proof that this money actually belonged to my father. I can make the gift deed but it won't have my fathers account detail etc.
Can anybody please help here? Should i just withdraw and apply a few months later with the fund already in my account?
Thanks
Faizan.
I think this whole sale story is not required.
or else you can attach the proof of ownership of the shop for your father and the sale agreement with the person issued the cheque. and explain the whole story in the LoE. Gift deed is a must.
But I think it will be confusing for them so better not disclose.
Thanks for your reply, I was actually thinking the same thing. But in most of the gift deed formats that i saw they all mentioned that the funds came from "XYZ account in ABC bank" which is why i am confused.
BreakingBad
Hero Member
My six months statements and certified translations, epf, India statement etc, was around 80 pages.
I have 4 credit cards and I am using two.
I couldnt fit everything in size available. So Include 1 month statement/translation of mexico, india statement and certificate and epf letter.
But they accepted it. Make sure your docs are clear and simple.
I cant say much.
I think thats mainly for online transfers where the bank account and sender's account is appearing in the bank statement. you can amend the wordings but dont mention the cheque number as it will be a flase statement if you say your father transfered through that cheque.
Do you have sufficient documents for the other option ? like shop ownership and the Name of that very person in the sale agreement who has signed the cheque ?
BreakingBad
Hero Member
I downloaded it from my company portal, It has company address and other details. And asked my HR to stamp on it.
Please don't get paranoid- Rejections as a result of POF is very rare, and only happens if the amount is less than what they specified. All they need to know is whether we possess the requisite funds to get about in the initial 6 months.
Will need to check but i doubt that i would have all those documents. Can i just make a Gift deed stating that i received the cheque from my father and maybe explain in the LOE that the cheque came from one of his business transaction directly submitted in my account and not mention the sale of the shop or anything.
Also would like to add this around 35% of the required fund, rest was already in my account as part of my savings.