Sufficient PoF or declining ITA?

[maypassion89]

Hello all.

Hope someone can take the time to answer my inquiry.

I got my ITA on April 25th draw so that means I have until July 23rd to decline or accept.

Now, about my funds, as today I have 12,300 CAD which is not enough to show as PoF, in July's statement (2nd of July) i will have 13,500 CAD, which will finally be sufficient to meet the minimum requirement (and will increase steadily with at least 1000 CAD monthly).

I am a bit worried about the bank certificate , because according to CIC requirements, the certificate must show the average of the total 6 months balance and that would be around 10,000 CAD.

Do you think I should decline the ITA and buy me some time until the average of 6 months balance goes over 12,500 CAD or maybe I can just attach a LoE stating that I have unrestricted access to the money and will be increasing steadily monthly?

All the income comes from my salary and my CRS is 450 so I might have a good chance to get invited in the next draw after declining.

Thank you for your answer.

 

[Maverick28]

Hello all.

Hope someone can take the time to answer my inquiry.

I got my ITA on April 25th draw so that means I have until July 23rd to decline or accept.

Now, about my funds, as today I have 12,300 CAD which is not enough to show as PoF, in July's statement (2nd of July) i will have 13,500 CAD, which will finally be sufficient to meet the minimum requirement (and will increase steadily with at least 1000 CAD monthly).

I am a bit worried about the bank certificate , because according to CIC requirements, the certificate must show the average of the total 6 months balance and that would be around 10,000 CAD.

Do you think I should decline the ITA and buy me some time until the average of 6 months balance goes over 12,500 CAD or maybe I can just attach a LoE stating that I have unrestricted access to the money and will be increasing steadily monthly?

All the income comes from my salary and my CRS is 450 so I might have a good chance to get invited in the next draw after declining.

Thank you for your answer.

If you have sufficient balance and the source of the increase in funds is a legit one, you can go ahead with the application submission.

 

[maypassion89]

If you have sufficient balance and the source of the increase in funds is a legit one, you can go ahead with the application submission.

Thank you! So you mean I will be fine with July's statement?

 

[everbliss]

If it's your salary that'll increase your funds to one enough for PoF, then there should be absolutely no problem!

 

[maypassion89]

If it's your salary that'll increase your funds to one enough for PoF, then there should be absolutely no problem!

Thanks a lot!