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Proof of Funds : Large transaction in small time

Idiaz

Newbie
Oct 31, 2018
3
0
Hi, I have received my ITA already.
I am just a few hundred dollars short in my bank balance, but I have receivables, some movable property and jewelry that i had reserved for this purpose only. I was under the impression from my agent that we have to show proof of funds at the end, so i delayed liquidating those assets. Now suddenly my agent is saying that I cannot make large transactions to my account. Can we attach a LOW stating liquidation of movable assets or jewelry holding?
 

slackvillains

Full Member
Sep 8, 2017
26
4
Category........
FSW
NOC Code......
2173
IELTS Request
19-08-2017
Attach receipts of Sale / LOE and anything that you see apt. I am guessing it must be okay from what i read in the forum.
DO wait for any of the senior members views as well!
 

Peacekeeper87

Champion Member
Jul 18, 2018
1,727
806
NOC Code......
0124
Hi, I have received my ITA already.
I am just a few hundred dollars short in my bank balance, but I have receivables, some movable property and jewelry that i had reserved for this purpose only. I was under the impression from my agent that we have to show proof of funds at the end, so i delayed liquidating those assets. Now suddenly my agent is saying that I cannot make large transactions to my account. Can we attach a LOW stating liquidation of movable assets or jewelry holding?
Yes it's okay, as long as your show proof where the money comes from, to show that it's not a loan. Write it in LOE as well.
Either your agent misguided you, or you misunderstood him when he actually meant you'll need to show funds at application time.