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Proof of Funds (Express Entry)

benson84

Full Member
Nov 16, 2017
41
1
I have submitted my e-APR .

Just now noticed , I have no money in saving bank but having FD as per Canada requirement for last 1 year. In the letter Bank mentioned no liability also. They didn’t mention the average balance of 6 months. Is it any problem for this bank proof of letter.
 

Krystine

Hero Member
Dec 12, 2016
330
95
Category........
CEC
Visa Office......
Ottawa
AOR Received.
17-05-2018
Med's Done....
23-04-2018
Passport Req..
27-09-2018
VISA ISSUED...
12-10-2018
LANDED..........
14-10-2018
hello guys

I have one question. I am going to fulfill 1 year of experience for EE CEC in Canada soon and I am going to quit my job as soon as I make the experience then apply for EE CEC.
In this case, can I still put 0 in the POF in my EE profile as other regular CEC candidates?
 

sysadmin141

Hero Member
Jul 18, 2017
232
193
NOC Code......
2282
Hello good people, I'm a bit worried about the 6 months bank statement that has been mentioned severally on this thread. CIC said bank letter with 6 month average balance....is this format not good enough?
 

DelPiero07

VIP Member
Oct 2, 2016
10,388
2,614
Job Offer........
Pre-Assessed..
Hello good people, I'm a bit worried about the 6 months bank statement that has been mentioned severally on this thread. CIC said bank letter with 6 month average balance....is this format not good enough?
It is but a lot of people provide 6 month bank statements as their banks refuse to provide this piece of information.
 

DelPiero07

VIP Member
Oct 2, 2016
10,388
2,614
Job Offer........
Pre-Assessed..
hello guys

I have one question. I am going to fulfill 1 year of experience for EE CEC in Canada soon and I am going to quit my job as soon as I make the experience then apply for EE CEC.
In this case, can I still put 0 in the POF in my EE profile as other regular CEC candidates?
Yes, as long as you have reached the year of work experience.
 

sysadmin141

Hero Member
Jul 18, 2017
232
193
NOC Code......
2282
It is but a lot of people provide 6 month bank statements as their banks refuse to provide this piece of information.
So if I'm able to get the letter in exact format, no need for account statements right? If it's the letter, how then will a lump sum be spotted. I want to sell a property and present the account for pof with the bank letter in prescribed format. Won't this fly without account statement and LOE?
 

DelPiero07

VIP Member
Oct 2, 2016
10,388
2,614
Job Offer........
Pre-Assessed..
So if I'm able to get the letter in exact format, no need for account statements right? If it's the letter, how then will a lump sum be spotted. I want to sell a property and present the account for pof with the bank letter in prescribed format. Won't this fly without account statement and LOE?
It won't fly due to the av balance of the past 6 montha.
 

Krystine

Hero Member
Dec 12, 2016
330
95
Category........
CEC
Visa Office......
Ottawa
AOR Received.
17-05-2018
Med's Done....
23-04-2018
Passport Req..
27-09-2018
VISA ISSUED...
12-10-2018
LANDED..........
14-10-2018
It is but a lot of people provide 6 month bank statements as their banks refuse to provide this piece of information.
Thank you. so you mean that although I won't be employed at the moment I apply for CEC, I do not need to prove my POF?
 

Vijay_VVG

Star Member
Jun 3, 2017
50
1
Hi all, I had opened a gic account(10k cad) since I had applied for study permit , now I've initiated for pr process so for showing proof of funds can I show that I had 10k cad in gic account for a particular period of time?... The Scotia bank guys say for gic account they don't give bank statements, I only have the account opening Statement and I'll be getting a mail during closure.
 

ABhola

Star Member
Oct 24, 2017
88
24
India
Category........
PNP
NOC Code......
2171
Nomination.....
09-07-2018
How much amount per transaction in CAD is considered as a big deposit/ lump sum deposit by CIC officers and may raise a red flag?

I need to know this as I tend to maintain a separate savings account (planned to be used for PoF) and different other accounts from which I regularly transfer amount to the savings one. The amount per transaction is often more than 1000 CAD.