Hi,
I know this question has been asked a lot, but I'm just trying to be 100% sure.
(my partner is the one who's applying, he's just one person as we haven't lived together, so he only needs to have 13k CAD)
So he has an account where he receives his monthly salary (aprox 1000 usd) and pays his stuff (aprox 700 usd). So there's in and out movements, but his balance remains around the same (and that's like.. 10k CAD, he's usually able to save a bit per month, but not much)
In April he received aprox 8k CAD from his work's utilities, and that has been there ever since. We also receive a bonus in July, so he received another extra 1k in July.
These are his savings, and he usually doesn't touch them at all.
So up until September he had around 10k CAD, he usually receives his salary and goes up to 11k but then he pays his credit card and other expenses and goes back to 10k.
Additionally, he has about 2k in other accounts, one at another bank (less than 1k), and another one at the same bank (about 1.5k, this is from a pension thing we were able to retrieve because of the pandemic, back in july). He transferred this 2k to the main account in September.
So now he has just about the right amount, probably a bit less but he'll get there when he receives his salary this month.
As you can see, it has been constantly increasing, for months, but the biggest chunk has been there for more than 6 months (since april).
He just received his ITA on Wednesday. He'll have the correct amount by the end of the month (he's less than 1k short right now). Should he wait until December to provide his POF so that the "correct" amount is there for as long as possible? Or would it be fine if he submitted his application in October, when he already has the full 13k CAD?
He has documentation of both transfers, and of the april and july payments.
Hopefully it's not difficult to understand, haha.
Thanks!
I know this question has been asked a lot, but I'm just trying to be 100% sure.
(my partner is the one who's applying, he's just one person as we haven't lived together, so he only needs to have 13k CAD)
So he has an account where he receives his monthly salary (aprox 1000 usd) and pays his stuff (aprox 700 usd). So there's in and out movements, but his balance remains around the same (and that's like.. 10k CAD, he's usually able to save a bit per month, but not much)
In April he received aprox 8k CAD from his work's utilities, and that has been there ever since. We also receive a bonus in July, so he received another extra 1k in July.
These are his savings, and he usually doesn't touch them at all.
So up until September he had around 10k CAD, he usually receives his salary and goes up to 11k but then he pays his credit card and other expenses and goes back to 10k.
Additionally, he has about 2k in other accounts, one at another bank (less than 1k), and another one at the same bank (about 1.5k, this is from a pension thing we were able to retrieve because of the pandemic, back in july). He transferred this 2k to the main account in September.
So now he has just about the right amount, probably a bit less but he'll get there when he receives his salary this month.
As you can see, it has been constantly increasing, for months, but the biggest chunk has been there for more than 6 months (since april).
He just received his ITA on Wednesday. He'll have the correct amount by the end of the month (he's less than 1k short right now). Should he wait until December to provide his POF so that the "correct" amount is there for as long as possible? Or would it be fine if he submitted his application in October, when he already has the full 13k CAD?
He has documentation of both transfers, and of the april and july payments.
Hopefully it's not difficult to understand, haha.
Thanks!
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