I am about to submit my EOI with 479 points today from “India” and I got around 24000 CAD in my account right now. I am planning to do a fixed deposit as the cash is just lying in my account and with fixed deposit for 6 months I can yield higher interest.. However my questions are:
1. Incase I get the invite in a month or so, can the case officer raise a question why the Fixed Deposit start date is only month old.
2. Out of 24000, I deposited 13000 last week by selling one of my cars - Do I need to worry about this? I read online and understood that the funds need to be in your account from last 6 months.I was short on cash as most of my money is invested in property etc
3. Last question, While showing proof of funds, do I just need to submit copy of fixed deposit or bank statement or bank certificate.. I do not know the exact meaning of bank certificate and what information should it contain.
1. Incase I get the invite in a month or so, can the case officer raise a question why the Fixed Deposit start date is only month old.
2. Out of 24000, I deposited 13000 last week by selling one of my cars - Do I need to worry about this? I read online and understood that the funds need to be in your account from last 6 months.I was short on cash as most of my money is invested in property etc
3. Last question, While showing proof of funds, do I just need to submit copy of fixed deposit or bank statement or bank certificate.. I do not know the exact meaning of bank certificate and what information should it contain.
