Proof of funds letter - Bank of America

[udaysneha]

I visited the bank branch today and asked them for the proof of funds letter for immigration and provided the details that are outlined in the IRCC website. They told me that they have a standard template for account summary info and provided the attached letter.
It is a black & white printout on normal printer paper and not a letter head. Iam concerned about this proof not being enough.
Also, the average balance on my checking and savings accounts are relatively low, but I currently have more than the amounts of funds necessary i.e CAD15531. I sold my equity holdings in shares and mutual funds and transferred the money over the last one month,
I am providing a LOE explaining the origin of funds and including statements from the trading account showing the dates and amounts of the money transferred. I am also including my bank statements for the last month

Can someone please look at the letter that I got and provide inputs. Link :

https://ibb.co/cTseWU
If someone has already received a proof of funds letter from BoFA ,can you please share it here.

Thank you.!

 

[naten]

I just submitted mine and used their own template as well.

 

[udaysneha]

I just submitted mine and used their own template as well.

Hi naten
Does the letter you used look like the one I included in the post ?
It looks a little too "normal" compared to some other formats/bank standard letters.

 

[naten]

It should work for us. I also included 6 month statements.

 

[sid1987]

brother don worry.. they have fixed template.. but get stamp etc.. its works

 

[udaysneha]

brother don worry.. they have fixed template.. but get stamp etc.. its works

Thank you brother !

 

[ravichs473]

I visited the bank branch today and asked them for the proof of funds letter for immigration and provided the details that are outlined in the IRCC website. They told me that they have a standard template for account summary info and provided the attached letter.
It is a black & white printout on normal printer paper and not a letter head. Iam concerned about this proof not being enough.
Also, the average balance on my checking and savings accounts are relatively low, but I currently have more than the amounts of funds necessary i.e CAD15531. I sold my equity holdings in shares and mutual funds and transferred the money over the last one month,
I am providing a LOE explaining the origin of funds and including statements from the trading account showing the dates and amounts of the money transferred. I am also including my bank statements for the last month

Can someone please look at the letter that I got and provide inputs. Link :

https://ibb.co/cTseWU
If someone has already received a proof of funds letter from BoFA ,can you please share it here.

Thank you.!

I’m facing the same issue now. I have the above template with a stamp from the local branch. They are refusing to sign on it.

I’m planning to include 6 months statements along with the above template(with stamp). Is that enough?

 

[ravichs473]

No need for the letter. 6 months statements is all you need. Thats all i provided.

Do I need to get the statements stamped? I was reading in other posts that a letter/statemnts authorized from the banks are only accepted otherwise we might be asked to submit additional documentation or in some cases might be rejected.

I received ITA and have all the documents ready and want to make sure that I have everything in place. So please advice.

 

[ravichs473]

Do I need to get the statements stamped? I was reading in other posts that a letter/statemnts authorized from the banks are only accepted otherwise we might be asked to submit additional documentation or in some cases might be rejected.

I received ITA and have all the documents ready and want to make sure that I have everything in place. So please advice.

Hello canbnd,

Could you please advice.

 

[pranav.phadke]

I got mine from Wells Fargo today and it is similar to OP's letter from BoFA. Mine doesn't have the currency($) stated anywhere just the numerical value. I will also be submitted past 6 months statements and a letter of explanation which states the current balance & 6-month average in CAD along with it. I hope that works and not having having $ sign in the bank's letter would not cause issues.

 

[pranav.phadke]

No need for all of that. Wells Fargo is a known US banking institution. No need for letter of explanation. Six months statements is all you need. Only make sure it is in color.

Thanks!

 

[ravichs473]

No need for statements to be stamped. Just login to your BOA account and download the statements in PDF format. Just upload those said statements as proof of funds.

Thanks a lot

 

[asukumari]

I visited the bank branch today and asked them for the proof of funds letter for immigration and provided the details that are outlined in the IRCC website. They told me that they have a standard template for account summary info and provided the attached letter.
It is a black & white printout on normal printer paper and not a letter head. Iam concerned about this proof not being enough.
Also, the average balance on my checking and savings accounts are relatively low, but I currently have more than the amounts of funds necessary i.e CAD15531. I sold my equity holdings in shares and mutual funds and transferred the money over the last one month,
I am providing a LOE explaining the origin of funds and including statements from the trading account showing the dates and amounts of the money transferred. I am also including my bank statements for the last month

Can someone please look at the letter that I got and provide inputs. Link :

https://ibb.co/cTseWU
If someone has already received a proof of funds letter from BoFA ,can you please share it here.

Thank you.!

Hello UdaySneha ... I am facing the same question now , I went to get the letter fro Bank of America today and it looks exactly like yours. What all did you submit for proof of funds and did it work?

 

[sid1987]

Hello UdaySneha ... I am facing the same question now , I went to get the letter fro Bank of America today and it looks exactly like yours. What all did you submit for proof of funds and did it work?

Yup thats fine mate.. this is standard BOA format..

 

[asukumari]

Yup thats fine mate.. this is standard BOA format..

Is there any other supporting docs that we have to provide? Letter of explanation, etc.?