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Proof of Funds - Help required

wajahatid

Star Member
Jun 6, 2017
54
10
31
Toronto
Category........
FSW
NOC Code......
1111
LANDED..........
18-11-2018
Hi all,

I am currently having a joint account with my mother. My father gifted me the money via Gift Deed execution on which my mother was a witness. I had added my mother to the account in case the family needed to withdraw the amount in case of emergency in my absence

Now will it be acceptable as PoF if i also get a declaration signed by my mother stating that this money is only for my use and she has no issue with it?

Or i need to create a new bank account only in my name and transfer the money into? If i go with this, wont the account age be less than 6 months or even 3 months be an issue?

i have gone through various threads stating that joint account with mother will not be acceptable but then what about the bank account age issue? I would like to receive feedback from some1 who got or did not get acceptance of this application due to this issue.

Please note i am applying for OINP Stream.
 
Last edited:

DelPiero07

VIP Member
Oct 2, 2016
10,388
2,614
Job Offer........
Pre-Assessed..
1 - You cannot have a joint account with your mother.
2 - You can transfer the money to a new account and provide bank statements of the past 6 months of your old bank account.
3 - Write a LOE and provide a gift deed if the money has been in your current account for less than 6 months.