Proof of Funds question

[OmMona]

Hi All,
onset, excuse me if this question has been asked before
My question is simple and clear, I don't have the amount of CAD $ 16000 for family of 3 :...I would like to hear your suggestions about how to get these money in my account 8). I am in the 120 days period and I have to submit our documents before 6th Oct 2010. My end of service gratutiy may counted to more than $ CAD 20000 , but this will happen after I got the visa stamped and I resign from my current job.
Please expertise, seniors and friends post your ideas to help me get this issue sorted before the 120 days passed.
Thanks in advance

 

[gcctocanada]

As you stated, you will have the amount of money after you resigned...Now- You can borrow money from your family member because your are in the 120days deadline, anyway you will not spend it. It will just be in your account until you have the visa stamp. when you resign you will have your own money to bring to Canada, so you can give back the borrowed money with the interest in your initial bank account.

Just an idea. Some people are actually doing this. Taking a loan from any bank is too risky.

hope this helps.

 

[explorer101]

You can send details/ statement of service gratuity amount along with forwarding letter from the departmental head along with phone number.

 

[OmMona]

Many thanks for your replies and apologies for the late reply.
Dear explorer101, to whom you advice me to send the "details/ statement of service gratuity amount along with forwarding letter from the departmental head along with phone number"?
please clarify....I feel i am running out of time..

Cheers
OmMona

 

[marmaliade]

Do you actually need to have those money in your bank account through all the process till you get visa or is it just enough to have them as you make proof that you have them and thyen you can take them out???

 

[OmMona]

Hi,
once again, apololgize for the late reply
yes, I need them as proof of fund till I get the visa stamped in my passport...can you help?

Cheers

 

[OmMona]

My friends, any suggestion?
waiting for your brilliant ideas and help

Cheers

 

[micuza2004]

It's better to keep the money while the whole process is going on, but you can withdraw the money between the statements so you can be prepared in case if they request you another proof of funds.
Regards.

 

[OmMona]

Thank you my friend for replying.
I am looking for ideas about how to get these money, I don't have this amount
do you think taking loan from another bank is risky?

Cheers

 

[capriraj]

> Show as much money as possible in cash in your bank accounts, If you have insurance policy - get a certified letter from the insurer of the surrender value.

> Provide a letter from your employer - Transferable value of your Gratuity in cash once you leave the job.

> If you are a home owner, surveyor report stating the resale value of your house.

> Once you have provided the proof of funds you need not to keep them in your account. But be aware during the whole process CHC might ask you again to provide the proof of funds. Also it has been in few cases where applicant spent the funds before landing in Canada and where refused entry at the prot. DO not take any chances, would be my advice.

All the Best

 

[Oh!CANADA]

Hi OmMONA,

My husband is the principal applicant... we're family of 5 so we need around CAN$24,000 but at the time of submission of docs, we did'nt have that amount in the bank. What my husband did was... he submitted the photocopies of our passbooks to let the embassy officers know that we have existing accounts in the bank, sent copy of our land title, and a letter informing them that he'll receive a certain amount once he resigns from his present job. After 6 months they only asked for our bank confirmation that our account is really in US$. So I suggest that you do the same as what my husband did because the required amount for your family is not yet needed by the embassy at this time, it will be needed at the time of landing in canada because the immigration officers will check for your proof of funds.

I hope this will help...Goodluck

 

[OmMona]

Many thanks ohCanada for your reply...very much appreciated
kindly what do you mean with "passbook"...I have an account in AED for the last 10 years.
also what do you mean with " our land title"?
do you suggest me obtain a letter from my work that state I will get certain amount of money when I resigned?

Please clarify
Cheers

 

[baby123]

Dear all
we are family of five.i am the principal applicant and at present i have 5000 canadian dollars in my bank account the question is that if my husband gives a statement that once he resigns from his present job he is likely to have the rest of 19000 canadian dollars.will it satisfy the immigration or not.Just an idea if its worth try.thanks

 

[Sachin11]

Hello Everyone

Actually have applied to NS in July 2010 and my visa office is new delhi. I have shown canadian $7000 in my and my wife's account and rest around canadian $11000 which are in my mother's name. My mother gave me an affidavit that I can use this money for immigration purpose. My mother has this in the form of an FD for $11000 (Rupee 490,000) in her name.


Pls advice me is it okey or Can CIO send back my application due to proof of funds

Thanks for your time

Sachin

 

[Sachin11]

Hello Everyone

Actually have applied to NS in July 2010 and my visa office is new delhi. I have shown canadian $7000 in my and my wife's account and rest around canadian $11000 which are in my mother's name. My mother gave me an affidavit that I can use this money for immigration purpose. My mother has this in the form of an FD for $11000 (Rupee 490,000) in her name.


Pls advice me is it okey or Can CIO send back my application due to proof of funds

Thanks for your time

Sachin
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