Proof of Funds (Express Entry)

[sanha#1]

If the joint bank account is the only place where her name is different, you should either change her name on your joint account, or put all the funds in her personal account (which is under her proper name?).

Hi Istari,

Exactly! Yes the individual account is on her proper name and i will change her name on the joint account as well.

 

[ramangill]

Hello Friends,

I just received my pnp approval this week and I am hoping to get ITA in the coming draw. I am applying under FSW and we are family of 2. I need to show POF, but because I started working 3 months back from now, I dont have sufficient funds to show. My question is can I take money from my husband who is in India and I am in Canada at present. What would be the best and safest way for me to get the POF requirement complete? Any suggestions would be really appreciated.

Thanks
Ramangill

 

[istari]

Hello Friends,

I just received my pnp approval this week and I am hoping to get ITA in the coming draw. I am applying under FSW and we are family of 2. I need to show POF, but because I started working 3 months back from now, I dont have sufficient funds to show. My question is can I take money from my husband who is in India and I am in Canada at present. What would be the best and safest way for me to get the POF requirement complete? Any suggestions would be really appreciated.

Thanks
Ramangill

If your husband is accompanying you, you can show money in his bank account as POF.

 

[ramangill]

Hello
I am already in canada and he is in India. I will show POF in my canadian bank account. So that is why. Any suggestions?

 

[istari]

Hello
I am already in canada and he is in India. I will show POF in my canadian bank account. So that is why. Any suggestions?

I think you can just transfer the money from his account to yours.

 

[ramangill]

Ok I will get money directly transferred to my account from my Husband. Do I need to have gift deed signed for that? If yes then is the gift deed just printed on a regular paper or should it be a affidavit?
Please guide.
Thanks in advance

 

[istari]

Ok I will get money directly transferred to my account from my Husband. Do I need to have gift deed signed for that? If yes then is the gift deed just printed on a regular paper or should it be a affidavit?
Please guide.
Thanks in advance

If your husband is accompanying you, I don't think you require a gift deed, since the money is intended to be used by both of you.
But you may wish to get an affidavit stating that the money is for the purpose of immigration. In which case, the affidavit should be notarised.

 

[ramangill]

If your husband is accompanying you, I don't think you require a gift deed, since the money is intended to be used by both of you.
But you may wish to get an affidavit stating that the money is for the purpose of immigration. In which case, the affidavit should be notarised.

Thank you very much Istari for informative reply. I will consider that.

 

[mawcanada]

Can a check dated in April 2016 but I did not cash it yet be used for proof of funds?

 

[Starluck]

Guys need help..

I am a Jan applicant, for POF, i have added my name in my aunts account such that I am a joint account holder of that account and then we have created an FD. As POF, I have given the banks letter specifying the FD amount and the balance in the bank along with the affidavit from my aunt stating she's no problem in I using these funds for immigration purpose. Will this be accepted?? Any ideas.

 

[kamy]

Guys need help..

I am a Jan applicant, for POF, i have added my name in my aunts account such that I am a joint account holder of that account and then we have created an FD. As POF, I have given the banks letter specifying the FD amount and the balance in the bank along with the affidavit from my aunt stating she's no problem in I using these funds for immigration purpose. Will this be accepted?? Any ideas.

I think it's only your spouse in whose name joint account can be shown as POF.

 

[hiato]

Hey guys, need your help please.. I just managed to get the required funds from a friend, as a gift...

1- How can I prove that this money is mine now?
2- Would it be suspicious for a gift deed to be from a friend not family?
3- I just got it today and will deposit the whole amount into my bank account tomorrow. Is that an issue?

 

[istari]

Hey guys, need your help please.. I just managed to get the required funds from a friend, as a gift...

1- How can I prove that this money is mine now?
A gift deed from your friend.

2- Would it be suspicious for a gift deed to be from a friend not family?
No.

3- I just got it today and will deposit the whole amount into my bank account tomorrow. Is that an issue?
No.

 

[hiato]

Awesome! thanks a lot.

 

[teejchubbs]

Hello guys!

I just need an advice on what to do with regard to my situation. I applied under FSW (Express Entry) last July 2016, sitting at 469 points. I am a nurse working here in Qatar, but I am a Filipino.

I have the following accounts with their respective amounts in CAD.

Employment Bank Account in Qatar- 0 (transferred all my savings from this bank to my savings bank account; opened last June 2014)

Savings Bank Account in Qatar- 9,000 CAD (25,000 QAR in local currency; opened last June 2016)

Bank Account in Philippines- 2,728 CAD (100,000 Php in local currency; opened last January 2015, but the amount was just deposited last September 2016- my friend has a debt and the full amount was sent in my account through cheque clearing)

Philippine Stock Account- 10,300 CAD (Around 380,000 Php in local currency; opened last January 2015, putting around 500 CAD monthly since account opening).

What should I do? I am quite confused with my situation. Please help me! It will be a big help! Thank you in advance!