Sponsoring Parents in 2015

[Rossei]

Rossei/Xenon,

What are you guys using for payment method - Is bank draft same as certified cheque. I am confused as my bank told me they are different.

I'm using my credit card info in IMM5770 form to pay the fees.

And yes, your bank is right. A certified cheque is different from a bank draft. A bank draft is almost equal to cash (the money is withdrawn from your account at once it's made) whereas a certified cheque is a cheque where the bank takes liabilities to the payee that there will be enough money to be withdrawn later when the payee (CIC) wants to cash the cheque. In later case, your bank can set the amount aside from the moment you make the certified cheque.

I think CIC only accepts Ceritified Chque or Credit Card info in case your sponsorship doesn't get approved or your application doesn't fall in 5000 cap. They don't want to take hassle to pay your back.

 

[champ1]

I'm using my credit card info in IMM5770 form to pay the fees.

And yes, your bank is right. A certified cheque is different from a bank draft. A bank draft is almost equal to cash (the money is withdrawn from your account at once it's made) whereas a certified cheque is a cheque where the bank takes liabilities to the payee that there will be enough money to be withdrawn later when the payee (CIC) wants to cash the cheque. In later case, your bank can set the amount aside from the moment you make the certified cheque.

I think CIC only accepts Ceritified Chque or Credit Card info in case your sponsorship doesn't get approved or your application doesn't fall in 5000 cap. They don't want to take hassle to pay your back.

Thank you Rossei...this is very helpful

 

[little star]

Hello Frnds,
As i am working in same company for last 4 years so in Financial Evaluation form, do i need to sum up all 4 years income and update the "Gross income/Benefit for Period" field or better to separate the employment history on Yearly basis?
Thanks for your response as i know it might be a repetitive question.

 

[mukkucanada]

Hello All,

Quebec residents do not need to complete -Financial Evaluation for Parents and Grandparents sponsorship (IMM 5768)

Do Quebec residents need to submit Option C print out or NOA for last 3 years ?

Regards

 

[xenon]

Hello Frnds,
As i am working in same company for last 4 years so in Financial Evaluation form, do i need to sum up all 4 years income and update the "Gross income/Benefit for Period" field or better to separate the employment history on Yearly basis?
Thanks for your response as i know it might be a repetitive question.

One entry with gross income for that period

 

[isha94]

Hi All...just checking are you putting all papers in a pile or in a paper binder/folder?

 

[xenon]

Rossei/Xenon,

What are you guys using for payment method - Is bank draft same as certified cheque. I am confused as my bank told me they are different.

I am using my CC info

 

[xenon]

Hi All...just checking are you putting all papers in a pile or in a paper binder/folder?

I am sending them in a file.

Is everyone putting the bar code pages on top of the package - above the document checklist? So the first pages will be 1 bar code page from IMM 1344 and 2 barcode pages from IMM 008 followed by document checklist and rest of forms and supporting docs?

 

[isha94]

I am sending them in a file.

Is everyone putting the bar code pages on top of the package - above the document checklist? So the first pages will be 1 bar code page from IMM 1344 and 2 barcode pages from IMM 008 followed by document checklist and rest of forms and supporting docs?

Thanks Xenon

 

[Rossei]

Hello Frnds,
As i am working in same company for last 4 years so in Financial Evaluation form, do i need to sum up all 4 years income and update the "Gross income/Benefit for Period" field or better to separate the employment history on Yearly basis?
Thanks for your response as i know it might be a repetitive question.

I put 4 rows (2014, 2013, 2012 & 2011) separately. I think it's easier for CIC to read.

 

[Rossei]

I am sending them in a file.

Is everyone putting the bar code pages on top of the package - above the document checklist? So the first pages will be 1 bar code page from IMM 1344 and 2 barcode pages from IMM 008 followed by document checklist and rest of forms and supporting docs?

I haven't decided if I'm going to put the barcode on top of each form (where applicable). But I would definitely put everything in order the way Checklist is in place.

 

[isha94]

I put 4 rows (2014, 2013, 2012 & 2011) separately. I think it's easier for CIC to read.

I skipped year 2014 in the form but sending the copies of current pay stubs for 2014

 

[ykhehra1]

Form IMM5768 question 15 & 18

Is 'Gross income/Benefits for period' is net income on T4 or line 150 of NoA. I am asking because for unemployed years (no T4) but still have income on NoA line 150

 

[Rob_TO]

Form IMM5768 question 15 & 18

Is 'Gross income/Benefits for period' is net income on T4 or line 150 of NoA. I am asking because for unemployed years (no T4) but still have income on NoA line 150

Do the total income still meet the LICO requirement in years that you were unemployed?

 

[ykhehra1]

Do the total income still meet the LICO requirement in years that you were unemployed?

yes, after including co-signer and income from other sources included in NoA line 150.