Proof of Funds (Express Entry)
- Thread starter ThisIsHoof
- Start date
hi everybody,
applying for PR requires Proof of Fund.. it states that
o The letter(s) must be printed on the letterhead of the financial institution and must include the applicant’s name, the contact information of the financial institution (address, telephone number and email address), the account numbers, the date each account was opened and the current balance of each account as well as the average balance for the past six months.
Now thing is that I have recently opened an account and deposited the money in it...How come I would be able to show average balance for past six months???
applying for PR requires Proof of Fund.. it states that
o The letter(s) must be printed on the letterhead of the financial institution and must include the applicant’s name, the contact information of the financial institution (address, telephone number and email address), the account numbers, the date each account was opened and the current balance of each account as well as the average balance for the past six months.
Now thing is that I have recently opened an account and deposited the money in it...How come I would be able to show average balance for past six months???
Hi guys one more question please the i can get the bank statements by priting them online then taking them to the bank and stamping them,usually the bank does the same process if will get them from there,as far as account info and balance they can gave me one letter with account info and the other with net balance only and not average balance they said that this is the bank policy and the formats that they have so is it ok?will i need the letter stating the net balance or its not needed since it wil be shown in my bank statements
Show them where did you bring the money from. IF the money is gifted by parents you need a gift deed. Remember the money gifted by parents also has to be with them since 6 months and not borrowed recently.kami617 said:
Not required. The statements already show net balance. Write a forwarding letter calculating 6 months average balance.Wolverine17 said:
So i will just submit the bank statements then,what about the account info should i get the letter for that?bestofluck said:
Is this mandatory in gift deed for parents to show their source, I am getting a gift deed and my parents fill huge amounts in ITR, which can easily justify that amount of saving, plus the family business is such that sums of money keep coming and going, i.e there is no proper bank statements to show consistent 6 month old money in bank maintained in such huge amount, please let me know if you have some insight into this matter and if this is a mandatory thing and can lead to rejection?bestofluck said:
Hi everyone,
I am getting required amount from my brother and uncle.
what documents other then mentioned below do I need?
1- Account statement of donor before transfer.
2- Proof of transfer in my account
3- My bank statement after amount credited in my account.
4- Gift deed.
Any thing missing in here?
Also, what is the difference between an affidavit and gift deed? Aren't both the same things?
What is the content of affidavit?
I am getting required amount from my brother and uncle.
what documents other then mentioned below do I need?
1- Account statement of donor before transfer.
2- Proof of transfer in my account
3- My bank statement after amount credited in my account.
4- Gift deed.
Any thing missing in here?
Also, what is the difference between an affidavit and gift deed? Aren't both the same things?
What is the content of affidavit?