+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Proof Of Funds -- What all can be used ?

nithin

Star Member
Jul 12, 2011
50
3
Dear seniors
While landing for a short period, can I show statement from my Indian bank account and Fixed deposits receipts as proof of funds ? I will carry cash required for the expenses of the short stay.
Regards
 

DOTA 2 PRO

Full Member
Feb 20, 2015
45
2
124
India
Category........
Visa Office......
New Delhi Transfered to Warsaw
NOC Code......
2131
Job Offer........
Pre-Assessed..
Hi nithin we are in same NOC and in same problem as well ;D

Same question i have in my mind. my savings bank account statement is valid as POF? or i have to carry traveler card?
Please reply and help us.
 

rajkamalmohanram

VIP Member
Apr 29, 2015
15,803
5,787
DOTA 2 PRO said:
Hi nithin we are in same NOC and in same problem as well ;D

Same question i have in my mind. my savings bank account statement is valid as POF? or i have to carry traveler card?
Please reply and help us.
Check this out. You can open a Scotia bank account from your home country.

http://www.scotiabank.com/ca/en/0,,4302,00.html
 

rajkamalmohanram

VIP Member
Apr 29, 2015
15,803
5,787
rajkamalmohanram said:
Some banks allow you to open a Canadian bank account while you are still in India. I found this for Icici bank.

http://www.icicibank.com/aboutus/article.page?identifier=news-icici-bank-launches-icici-bank-global-bankinghello-canada-20141607140056625

Check that link out. Check with your bank if they have such a scheme. After you move to Canada, you can withdraw funds and open an account in a bank of your choice.

Hope this helps.
EDIT :

You can open a Scotia bank account from India so this shouldn't be a problem. Opening an account in Scotia bank or other banks that have a good presence in Canada is way better rather than opening an account with ICICI which has very limited presence there.

Check the below link out.

http://www.scotiabank.com/ca/en/0,,4302,00.html
 

EzzaRamy

Member
Aug 31, 2020
19
2
Hey Everyone,
I have a question that I really need help with.
I have received an ITA and about to present the proof of funds. the thing is that I have a big chunk of my funds as a bank certificate. The bank certificate date started October 2019, and was renewed at October 2020, and will end at October 2021. The statement states that I have X amount of funds and that they are held by the bank. Is that a problem to submit as proof of funds? what I fear is that since they are held by the bank, IRCC might not consider that as a readily available funds. Would that cause a problem or is it fine as the certificate is in my name and the funds exist.
Please help me because I am running out of time and I have to submit my application before it expires.
would it be ok to submit my bank statement and the certificate? If I submitted both, they will cover the funds needed.