source of funds for study visa

[Purple250]

hello everyone, how do i prove a lawful source of fund if i have no payslips...?? i mean i have a business so what documents would suffice the requirement?

thanks

 

[Purple250]

anyone???

 

[rivalkiran]

If you made transaction through bank its best. If you pay your client and receive payment in bank, show it. At least you use the bank account. It should be clear that money is coming to you in a reliable manner.

 

[Purple250]

no i receive cash payment...i just deposit the money in the bank later. is this going to affect my visa?

 

[enywmara]

hello everyone, how do i prove a lawful source of fund if i have no payslips...?? i mean i have a business so what documents would suffice the requirement?

thanks

I am assuming that you are asking about source of funds for a student visa application. If that is the case, the source of funds is actually secondary to the funds being there themselves. CIC doesn't have any business in how you make your money, they just want to know that YOU have the money and you are not just showing it for a short period of time. Payslips are needed to show that you have a steady income. If you do not have payslips, you can always write in a piece of paper the monthly incomes and outgoing of your business.employment.

You can also produce an employment letter which states your salary and if possible state in the letter that you are paid in cash.


Hope this helps.

 

[Purple250]

I am assuming that you are asking about source of funds for a student visa application. If that is the case, the source of funds is actually secondary to the funds being there themselves. CIC doesn't have any business in how you make your money, they just want to know that YOU have the money and you are not just showing it for a short period of time. Payslips are needed to show that you have a steady income. If you do not have payslips, you can always write in a piece of paper the monthly incomes and outgoing of your business.employment.

You can also produce an employment letter which states your salary and if possible state in the letter that you are paid in cash.


Hope this helps.

yes i am applying for student visa.i wanted to know if i have to show the source of funds bcause i had fixed deposits of 15,00,000 taka which i brought into kuwait and i am showing my bank statements...because of which apart from my business income there will be a sudden increase in the funds in the bank statement. i will show bank statement of 4months. do i still dont need to explain them about the sudden cash inflow of huge amount?

 

[enywmara]

yes i am applying for student visa.i wanted to know if i have to show the source of funds bcause i had fixed deposits of 15,00,000 taka which i brought into kuwait and i am showing my bank statements...because of which apart from my business income there will be a sudden increase in the funds in the bank statement. i will show bank statement of 4months. do i still dont need to explain them about the sudden cash inflow of huge amount?

That is a very legitimate question and If I were the visa officer, I would also like to know how the amount came into your account. This is because, too many times candidates just loan money from someone else and keep it in their bank to get the Visa and afterwards give the money back. To be safe, it would be good to enclose a letter of explanation on the source of this fund.

 

[Purple250]

That is a very legitimate question and If I were the visa officer, I would also like to know how the amount came into your account. This is because, too many times candidates just loan money from someone else and keep it in their bank to get the Visa and afterwards give the money back. To be safe, it would be good to enclose a letter of explanation on the source of this fund.

ya so i am thinking of getting a bank letter from bangladesh stating that i had a fixed deposit account of this amount and its maturity date and also regarding the explanation should i mention it with the statement of purpose?