Proof of funds with spouse name accepted

[Wolverine17]

As far as i know its accepted but just read that now and am confused stating that the person who should submit the proof of funds is the main applicant,so does that mean that proof of funds on my wifes name is not accepted?

 

[Wolverine17]

Anyone please?

 

[dupsy21]

I am not sure it is accepted by IRCC. I will advise the spouse should transfer the money to the Principal Applicant's account. A letter of explanation indicating that the money was transferred to the PA's account for the purpose of POF and that there is no intention to collect it back and a statement showing the transaction should suffice.

 

[istari]

As far as i know its accepted but just read that now and am confused stating that the person who should submit the proof of funds is the main applicant,so does that mean that proof of funds on my wifes name is not accepted?

If your wife is accompanying you, it should be fine. But people in this situation on this forum before have had their spouse sign a stat dec stating that the funds are for the purpose of immigration, and that you have unrestricted access to them.

 

[averma]

As far as i know its accepted but just read that now and am confused stating that the person who should submit the proof of funds is the main applicant,so does that mean that proof of funds on my wifes name is not accepted?

If your spouse is secondary applicant in your application then funds in her name will definitely work. However you would need to take a declaration from her on plain paper that she will be accompanying you and she has no objections in you using these funds for Canadian PR purpose and you have no intentions to recover this money from him. And finally sign the declaration. There is no need to get this notarized or any sort of affidavit. Just plain paper with signature will do.

But you need to be careful of not showing a major proportion of total funds required in your wifes account. Preferably atleast 60-70% amount should be in your name and remaining can be in your wife's account. There is no set rule here but have learnt from seniors that it is advisable to maintain this ratio.

 

[Wolverine17]

If your wife is accompanying you, it should be fine. But people in this situation on this forum before have had their spouse sign a stat dec stating that the funds are for the purpose of immigration, and that you have unrestricted access to them.

Is there a specific form for this?

 

[Wolverine17]

If your spouse is secondary applicant in your application then funds in her name will definitely work. However you would need to take a declaration from her on plain paper that she will be accompanying you and she has no objections in you using these funds for Canadian PR purpose and you have no intentions to recover this money from him. And finally sign the declaration. There is no need to get this notarized or any sort of affidavit. Just plain paper with signature will do.

But you need to be careful of not showing a major proportion of total funds required in your wifes account. Preferably atleast 60-70% amount should be in your name and remaining can be in your wife's account. There is no set rule here but have learnt from seniors that it is advisable to maintain this ratio.

So are you sure that its ok or i will be facing risk of rejection because of that

 

[istari]

Is there a specific form for this?

No. Any format is fine, as long as the information is there.

 

[Wolverine17]

No. Any format is fine, as long as the information is there.

Is there any risk of rejection because of that?

 

[istari]

Is there any risk of rejection because of that?

No. If all the information is present, you've nothing to worry about.

 

[Wolverine17]

No. If all the information is present, you've nothing to worry about.

What about having 60-70 percent of the fund amount in my name,is that essesntial?

 

[averma]

What about having 60-70 percent of the fund amount in my name,is that essesntial?

Its not essential but preferred. Entire amount can also be in wifes account but in that case I would recommend making an affidavit not plain paper declaration.

 

[Wolverine17]

Its not essential but preferred. Entire amount can also be in wifes account but in that case I would recommend making an affidavit not plain paper declaration.

Did anyone go through this before having his proof of fund partly his and partly from his spouse?

 

[averma]

Did anyone go through this before having his proof of fund partly his and partly from his spouse?

I went ahead with this for both OINP and SINP application. Have already got SINP nomination. OINP decision pending.

 

[Wolverine17]

I went ahead with this for both OINP and SINP application. Have already got SINP nomination. OINP decision pending.

Thanks great to know,good luck for you