Proof Of funds

[sagicool]

Hi I Am Going For My Landing on 15th Of May 2016.. From New Delhi India
With My wife and My 10 years Old Son
I Have few Questions

1 I know We need around 18000CAD as proof Of funds

I Dont Want to Carry Cash I have a friend Who Is a canadian citizen And Presently In India for few days
He need Cash Here And Is ready To give me 14000CAD cheque in My Name Which I can Encash Once I Land In canada And open My Account

can I use it as a proof Of funds ... Secondy I have close to 5000$ as My fixed Deposit In india

can That be used as proof of fund and I am Planing to take 4000-5000 $ as cash

are these Things Good enough For Proof Of funds

Please Advice ... Thanks

 

[agiegirl01]

Yes, a combination of cheque and cash can be used as POF.

According to the official information from cic website:

funds could be in the form of:

cash,
documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.), or
documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders).

 

[sagicool]

I HAVE 1 MORE QUESTION WILL THE FIXED DEPOSIT AND MY BANK STATEMENT FROM MY INDIAN BANK CAN BE USED AS PROOF OF FUNDS AT THE TIME OF LANDING
I HAVE 3000$ AS FIXED AND 4000$ AS DEPOSIT IN MY BANK

 

[jairichi]

I HAVE 1 MORE QUESTION WILL THE FIXED DEPOSIT AND MY BANK STATEMENT FROM MY INDIAN BANK CAN BE USED AS PROOF OF FUNDS AT THE TIME OF LANDING
I HAVE 3000$ AS FIXED AND 4000$ AS DEPOSIT IN MY BANK

Yes.
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

 

[SergeSD]

Check out the banking programs for newcomers. Most banks let you open an account from abroad to which you can transfer up to 50k CAD avoiding all the hassle.

RBC, TD, BMO, Scotiabank, CIBC, etc.

Good luck,

Serge