Proof of funds letter - Bank of America
- Thread starter udaysneha
- Start date
Hi Guys,
I Submitted a 'Fixed Deposit' certificate (Indian Bank) as POF when I submitted my application. After ordering GCMS notes I found that it says 'Review Required' for POF ('Appears Met'). No ADR was raised, but I am thinking about providing bank statements and Letters from Bofa and chase bank. Do you guys think it will create problem as my first POF was from India and second is from USA . Any help is appreciated. Thanks.
I Submitted a 'Fixed Deposit' certificate (Indian Bank) as POF when I submitted my application. After ordering GCMS notes I found that it says 'Review Required' for POF ('Appears Met'). No ADR was raised, but I am thinking about providing bank statements and Letters from Bofa and chase bank. Do you guys think it will create problem as my first POF was from India and second is from USA . Any help is appreciated. Thanks.
Did you get your letter stamped?
My format provided by BOA is very similar to the original posted in this thread so wanting to confirm it is ok?
Also did you mention this in LOE that is is standard BOA etc.?
Hello, No I did not provide any extra reference documents. The format from BOA is perfectly fine. Many have used the same. You do not have to mention in LOE about what the format is from BOA. It is official document with letter head from BOA itself, that is more than enough to legalize the document.
Good luck.
It seemed based on feedback here and from others on facebook group, the BOA letter is sufficient. That is what I have done, just submitted recently so cant confirm based on my experience yet
Thanks very much for your help. I'm going to submit my application soon. Let me know if there is any update regarding the status of the PoF. Hopefully, everything goes smoothly for you!!
Confirming the same issue with BofA letter. However, I managed to get it stamped and even signed (b&w stamp and black ink pen, haha). I also added a letter regarding by credit card balance and last payment, since they don't include this information in their standard letter, so I', submitting two letters in a single pdf.
Is it ok?
Fingers crossed.
Is it ok?
Fingers crossed.
The consultant I hired told me I need to provide the branch phone number and manager's name anyway.
She suggests including the manager's business card (I have it) along with the PoF letters.
Don't you think it's too much?
Anyone, please?
I need to hear from someone who have successfully submitted the BofA letter...
She suggests including the manager's business card (I have it) along with the PoF letters.
Don't you think it's too much?
Anyone, please?
I need to hear from someone who have successfully submitted the BofA letter...
I did the same thing, while probably not necessary, I'd rather provide that info than being put on review required for whatever reason.
I included the business card of the employee who provided me with the PoF letters.
That is the exact template that I used as well and I got PPR with that letter. So you are good.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.!
Thank you @schilz , @canbnd and @master113 .
What I see is that both options (just letter/statements vs letter-LOE-business card) work fine in terms of getting PPR, and none of you got rejected for submitting to little or too much docs for PoF.
The bottom line is, that in case of BofA, anything works, from online statements, to the whole LOE hassle. I'm still leaning towards the latter though, since I'm an anxious foreigner with a highly pronounced fear of application denial
What I see is that both options (just letter/statements vs letter-LOE-business card) work fine in terms of getting PPR, and none of you got rejected for submitting to little or too much docs for PoF.
The bottom line is, that in case of BofA, anything works, from online statements, to the whole LOE hassle. I'm still leaning towards the latter though, since I'm an anxious foreigner with a highly pronounced fear of application denial
Hey..hope you are doing goodThank you @schilz , @canbnd and @master113 .
What I see is that both options (just letter/statements vs letter-LOE-business card) work fine in terms of getting PPR, and none of you got rejected for submitting to little or too much docs for PoF.
The bottom line is, that in case of BofA, anything works, from online statements, to the whole LOE hassle. I'm still leaning towards the latter though, since I'm an anxious foreigner with a highly pronounced fear of application denial
I am exactly looking into same bofa issue of pof letter and online bank statements. Can i know how you handled it? TIA
I got my proof of funds letters from both Bank of America and chase bank. Neither letters were in color. I asked the agent who assisted me to stamp the letters with their bank stamp which they did. Their stamp had the name of the bank address and telephone number to call. Got these in time to submit. As for credit cards I made sure all balances were updated and had them fax a letter stating that I am in good standing with the bank. Also the same for my car lease. However I made sure that the proof of funds was way more than the car lease and that if they subtracted it I still would meet the quota for my family size. Bearing in mind that the usd dollar is a bit stronger than the Canadian. As such I made sure with the letter of explanation file that I complied as one ... had a copy of the car lease and the last credit card statement for me and my spouse. Adobe acrobat dc was able to minimize the files so good to make it still legible.
Last but but not least incase anyone is wondering got COPR and will land in alberta.
good luck to you all.
Last but but not least incase anyone is wondering got COPR and will land in alberta.
good luck to you all.