Proof of Funds (Express Entry)

[ishmish]

Guys just wondering.... is a bank letter compulsory with a fixed deposit...or is the fix deposit document enough ?

 

[vj23]

My bank provided me proof of funds as a letter on its letter head that has address of banking center (bank branch) but do not have contact details like telephone or email ID. Will this be accepted ?

Anyone please !!!

 

[ashutoshmanohar]

Anyone please !!!

That should be fine. As long as it is an official document issued by a legally functional bank, nothing to worry about.

 

[boboliang]

Hello Everyone, I am new on this forum, I got mybcpnp nomination in October, and I am currently under process of EE. I have a question regarding the proof of fund. CIC requires my last 6 months ending balance statement ( June to Nov) from the bank. And I have one joint account with my mother and one joint account with my boyfriend. And I forgot to deposit my june july cheque to my personal chequing account for 2 month ( because I am on holiday in June and I deposit the cheque to the joint account....). would that be a matter if cic officer did not see my salary deposit for 2 month? because I only provide the 6 month balance statement of my personal day to day chequing account.
and my uncle ( my father's brother) sent me $50000 CAD into my account in September ( for my settlement fund). do I also need to provide a gift letter from him? in addition, my joint account has balance of $36000 with my boy friend, does he also need to provide a letter for explanation where is the money come from?

 

[cpsingh]

Hi all,

Can I use statements from my salary a/c , PPF A/C, mutual funds, FD's on my name & wife's name to show proof of funds ?

 

[fahadsheikh]

Hi All,

Can anyone please clarify for me, do we need to have minimum required amount in our possession before applying for EE or OINP? It's CAD 12164 for one person I guess. Do we need to have this much amount and only then we can apply or submit EE profile?
If not, at which point exactly do we have to show that we have enough money?

Anyone please!

 

[kamy]

Anyone please!

You have to show this proof at the time of applying PR after ITA. Having said this, there is a question in EE which requires you to fill the amount, if you put amount below needed then your profile becomes invalid. So, you need to maintain that amount in your amount for certain number of time(generally six months).
Let's say you enter this amount in EE but don't have with you actually but with proper documentation you may support that.

 

[Teebanks]

Hi

I got married in May 2016 but I have always had proof of funds for myself alone up until September 2016 because I didn't know I would need pof for two people (myself and my spouse). My interview is next month. My wife isn't accompanying me to Canada but I would like to know if printing three months statements from September 2016 till December 2016 is okay as that shows pof for two people or is it okay if I print out six months statements which would mean three months will show pof for one person then the other three months for two people.

Regards

 

[pritywiz]

I am an Indian National applying as principal applicant for Express Entry via Federal skilled workers. My husband and 2 children will also be accompanying me. My husband is a Nepalese and has family property in Nepal, which can be submitted as proof of funds.

My question is that as an Indian National will the Canadian Immigration Authority in India accept that as proof of funds. If not, what could be my options?

Thanks in advance.

 

[binga777]

Hi All,

Will online Pdf Monthly Statements work or I need to get those stamped from bank??

OR any separate letter is required from bank mentioning my 6 months average balance.

Getting anything done from bank is very difficult since I have moved back to my home country INDIA and my bank accounts are in Canadian Scotia and PC financial bank

 

[kryt0n]

I am an Indian National applying as principal applicant for Express Entry via Federal skilled workers. My husband and 2 children will also be accompanying me. My husband is a Nepalese and has family property in Nepal, which can be submitted as proof of funds.

My question is that as an Indian National will the Canadian Immigration Authority in India accept that as proof of funds. If not, what could be my options?

Thanks in advance.

No - money has to be in liquid funds, not dependant on a property sale.

 

[DelPiero07]

Hi All,

Will online Pdf Monthly Statements work or I need to get those stamped from bank??

OR any separate letter is required from bank mentioning my 6 months average balance.

Getting anything done from bank is very difficult since I have moved back to my home country INDIA and my bank accounts are in Canadian Scotia and PC financial bank

You need them stamped. Someone got rejected before for providing e-statements.

Cheers

 

[kryt0n]

You need them stamped. Someone got rejected before for providing e-statements.

Cheers

Can't wait to see my banks face when I ask them to print and stamp 6 months of statements from my current use-every-day-for-£1-transactions account. Mwhahahahaha

 

[aditya127]

Hello Guys,

Can we show a sponsorship letter from sibling in Canada as POF while applying for PR?
Just curious!

Regards,
Aditya

 

[DelPiero07]

Hello Guys,

Can we show a sponsorship letter from sibling in Canada as POF while applying for PR?
Just curious!

Regards,
Aditya

Nope.