Can fixed deposit certificate be shown as proof of funds at point of entry while landing in Canada
Proof of Funds requirement while landing
- Thread starter Oluwaseyijoe1
- Start date
Simple answer, can you rent a house or buy groceries with fixed deposit certificate? If yes then they will accept. Funds you need to show are for your immediate consumption i.e. to live in Canada.
Ok...still not clear because I believe fixed deposit are liquid funds that can be cashed anytime . I used this as show of proof of funds for my PR application. Will it be accepted?
If you are able to convince border agent then I don't see any issue. Why can't you liquidate your certificate and deposit money into your bank account. You are going to need the money anyway right.
Same as foodie69--no one asked me for proof of funds on the border. I had already arranged a condo unit for rent and had a job lined up, so I guess there wasn't any need? But it is normal that you might not want to carry cash and will open a bank account in Canada after coming.
Hi Cansha,
Will the printouts of online PDF statement from the bank work as a proof of fund? Without the stamp from the bank? I am landing next week. Please help!!
Yes that is okay. 99.99999999% sure no one will ask you for those print outs.