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Settlement Funds - Approximate or Precise?

savarana

Star Member
Jul 30, 2014
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Hello guys,

I know, lot of questions, please bear with me.

I have about 15,000CAD (more than 15K, less than 16K) ready in two bank accounts together in the form of savings and fixed deposits. In the "Economic Classes" form, do I mention this approximate 15,000CAD as the amount available for "settlement", or should I put down a value there only after I receive a bank statement from both banks with the precise value?

Also, is it enough to take printouts from online banking as proof of funds or does one have to take an official bank statement - and does the statement have to be in CAD or can it be in my country's currency (INR) ?

Thank you!!! and all the best!
 

hseamrit

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Apr 27, 2014
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Hi,

As of my knowledge, you can simply print the e statements from ur bank account and attachments h with ur application. It could be in any currency. All u have to do is mention the settlement funds available with u in CAD in one of the application form. I don't remember at the moment the number but, u can easily find it in the application package. Good luck.