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Proof of Funds Letter of Explanation - Urgent

kumargoyal

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Aug 5, 2015
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Hi All,

I and my wife both have collected the amount required for settlement of funds. My questions are:

1. I have to apply in the next week(last date is approaching) and the funds have been in my account (fixed deposit) for about 5 months instead of 6 months. Would it be a problem?
2. Funds have come from savings in my wife account and from salary for both of us. These have been transferred to my account. Do I need to give a letter of explanation for the source of these funds.
3. Will any letter/affidavit be necessary from my wife authorizing me to use the funds as i see fit (she is co-applicant for the PR application)

Also please share format for the letter of explanation.

Thanks in advance
 

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kumargoyal said:
Hi All,

I and my wife both have collected the amount required for settlement of funds. My questions are:

1. I have to apply in the next week(last date is approaching) and the funds have been in my account (fixed deposit) for about 5 months instead of 6 months. Would it be a problem? A: Not at all
2. Funds have come from savings in my wife account and from salary for both of us. These have been transferred to my account. Do I need to give a letter of explanation for the source of these funds. A: Preferable, along with spouse declaration and account statement.
3. Will any letter/affidavit be necessary from my wife authorizing me to use the funds as i see fit (she is co-applicant for the PR application) A: Yes, as mentioned above

Also please share format for the letter of explanation.

Thanks in advance