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Proof of Funds.

insouciant

Star Member
Jan 2, 2015
74
2
Job Offer........
Pre-Assessed..
Guys.. can anyone tell me how can we show proof of funds?
Is it essential to show bank statement of last 6 months?
Can we should.bank statement of our parents to show proof of funds?
 

KKUMAR14

Star Member
Nov 11, 2014
115
0
hello

I have a doubt regarding funds.. If i am the primary candidate can i show my husbands bank account as proof?

TIA
 

sheoran87

Star Member
Feb 17, 2015
164
2
Chandigarh
Visa Office......
New Delhi
KKUMAR14 said:
hello

I have a doubt regarding funds.. If i am the primary candidate can i show my husbands bank account as proof?

TIA
yes, you can show your husband bank account as a proof provided with he is coming with you as your dependent and you have mentioned his details in your form.

All the best.
 

Stanlee

VIP Member
Jan 29, 2016
4,100
595
insouciant said:
Guys.. can anyone tell me how can we show proof of funds?
Is it essential to show bank statement of last 6 months?
Can we should.bank statement of our parents to show proof of funds?
The following proof of funds are acceptable
- Savings account balance (6 months statement so that OINP is convinced that there is no sudden surge in the balance due some loan etc. The statements should be stamped by the bank)
- Fixed Deposit (receipts stamped by the bank)
- Recurring Deposit Statements (stamped by the bank)
- Letter from bank stating all the accounts held in your name, date of account opening, current balance and currency in which the funds are maintained

You cannot show funds which are in your parents' account. The account has to be in your name.
 

MooseNBooze

Hero Member
Nov 6, 2015
403
63
Category........
Job Offer........
Pre-Assessed..
App. Filed.......
19-01-2016
Doc's Request.
22-01-2016
AOR Received.
20-01-2016
Med's Done....
22-01-2016
Passport Req..
22-04-2016
VISA ISSUED...
03-05-2016
LANDED..........
25-12-2016
insouciant said:
Guys.. can anyone tell me how can we show proof of funds?
Is it essential to show bank statement of last 6 months?
Can we should.bank statement of our parents to show proof of funds?
The bank account has to be under the principal applicant's name. Parents' account doesn't work, nor does an account under a spouse's name (the user above who said it's okay is mistaken). You need a certified letter from your bank, not (just) the statements. This is what you need to show:

Document: Proof of Means of Financial Support
Express Entry – Permanent Residents

If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:
• list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
• list all outstanding debts, such as credit cards and loans,
• be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address).


There are a lot of other threads in this forum that discusses this requirement. Here are some useful threads -
http://www.canadavisa.com/canada-immigration-discussion-board/-t278017.0.html
http://www.canadavisa.com/canada-immigration-discussion-board/-t297477.0.html

Best wishes.
 

Aspirant_CAN

Star Member
Dec 29, 2015
127
16
124
Category........
Visa Office......
New Delhi
Job Offer........
Pre-Assessed..
Nomination.....
Feb 03, 2016
AOR Received.
Mar 01, 2016
Passport Req..
Sept 01, 2016
VISA ISSUED...
Sept 07, 2016
LANDED..........
Oct 22, 2016
I got the FD made in my nane for POF on 28th august 2015.
Now should I need to wait till 28th feb for six months to complete or can apply eAPR asap I get ITA ?
Wat do I need to include to show funds.
Only fd letter or six mnths statements ?
 

Stanlee

VIP Member
Jan 29, 2016
4,100
595
Aspirant_CAN said:
I got the FD made in my nane for POF on 28th august 2015.
Now should I need to wait till 28th feb for six months to complete or can apply eAPR asap I get ITA ?
Wat do I need to include to show funds.
Only fd letter or six mnths statements ?
No you do not need to wait for 6 months if you can prove that money did not originate from any loan, instead it rightfully belongs to you, then you are good to go. If FD was created from your own account, then you need to show the account from which it was created (statements would be fine). Or if it was through cash deposit or someone transferred the money to you electronically, then you might have to explain the circumstances.

As proof of funds, you can include your FD receipt, savings bank account statement (6 months) and if there is any large deposit which you have received from family (parents, siblings etc), then a Gift Deed for the same.
 

MZASAM

Champion Member
Dec 15, 2015
1,991
155
Category........
NOC Code......
2173
Job Offer........
Pre-Assessed..
What I am following based on the requirement and advise of experts on this forum.

IF you wish please followvif it fits your case:

1- PA Letter of Explanation
2- PA Affidavit, Settlement / Proof of Funds
3- PA Current Bank certification letter Stating Indian Rupees & Equivalent CAN $ 15,143 for 2 persons
4- PA 6 Months Bank Statement
5- PA Salary Stubs Six Months

6- Father, Legal Gift Deed
7- Father, Affidavit
8- Father, Bank letter stating Indian Rupees & Equivalent CAN $ 15,143 for 2 persons
9- Father, Property, Net Worth Certificates from Chartered Accountant, Chartered Engineer