Thank you Asivad Anac

[Asivad Anac]

Hi Asivad,

Please have you got a sample or muck up of what a POF letter should look like my bank don't have a clue. I also have a question about police certificate, do I only need police certificate for countries I lived in for the past 10 years or since I turned 18.

Thanks in advance.

There is no standard format. Ensure that your bank provides all below mentioned details on their letterhead and that it is duly signed/stamped by the bank authorities.

The letter(s) must be printed on the letterhead of the financial institution and must include the applicant’s name, the contact information of the financial institution (address, telephone number and email address), the account numbers, the date each account was opened and the current balance of each account as well as the average balance in the past six months.


You need a PCC from all countries where you have lived for 6 or more months in a row since turning 18.

 

[Londo]

Okay thanks. Also how is the six month average worked out, is it all the monthly balance added up and divided by six?

Thanks in advance.

 

[Asivad Anac]

Okay thanks. Also how is the six month average worked out, is it all the monthly balance added up and divided by six?

Thanks in advance.

Let your bank worry about how they do it. Your calculation is one of the ways banks do it.

 

[Londo]

Let your bank worry about how they do it. Your calculation is one of the ways banks do it.

Okay, thank you very much

 

[Londo]

Hi Asivad,

Sorry to disturb you again, I have just had a look at my personal document checklist and it says nothing about average balance, Here is what it says.

Express Entry – Permanent Residents

If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:

list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
list all outstanding debts, such as credit cards and loans,
be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address).

Should I just get monthly balance as it says or average balance.

 

[Asivad Anac]

Hi Asivad,

Sorry to disturb you again, I have just had a look at my personal document checklist and it says nothing about average balance, Here is what it says.

Express Entry – Permanent Residents

If you are applying for permanent residence in Canada, you must provide an official letter issued by your financial institution indicating your financial profile. This must:

list of all your bank (chequing and savings) and investment accounts, the account numbers, dates each account was opened and the balance of each account over the past six months,
list all outstanding debts, such as credit cards and loans,
be printed on the letterhead of the financial institution, and include your name and the contact information of the financial institution (address, telephone number and e-mail address).

Should I just get monthly balance as it says or average balance.

It's all the same. The generic CIC checklist mentions 6 months average balance (http://www.cic.gc.ca/english/resources/tools/perm/express/intake-complete.asp) while the personalized checklist asks for each month's balance.

Essentially, what it amounts to is confirmation for the CIC that there hasn't been any suspiciously large credit activity into your account within the last 6 months. Submit either 6 months average balance or monthly balance for each of the last 6 months, it doesn't matter.

 

[jahanzaibkh]

Hi,

I have submitted my ITA and today I got message in my account asking for the below two forms.

Schedule 4 - Prov Nominees: A newly completed Schedule 4 Economic Classes - Provincial
Nominees form

Schedule 4A- Prov Nominee: A newly completed Schedule 4A - Economic Classes - Provincial
Nominees - Business Nominees form


Any one having idea about this?

 

[maverick85]

Hello Asivad,

First of all I wanted to thank you for your contribution to this forum, all of us have been helped in some way or the other with your expertise with the EE procedure. Also, I wish you all the very best for your application..

I wanted to get your opinion on the POF for my submitted application for 2 family members (I know you have already answered this a zillion times but this is a little different and I thank you for helping me out).
For proof of funds I have submitted a bank letter that states my average balance for each month in the last 6 months along with a final 6 month total average balance. The monthly average balance shows a gradual increase in the average in the last 4 months (max 3000 per month increase with biweekly salary). The only deposit I get is my canadian salary (I work in an LMIA exempt job which is not permanent and hence i have mentioned "No" in the job offer question). The difference between the total 6 month average balance and final balance in account is pretty high ( 60%) even though the average balance for each month is given and shows a gradual increase in balance.

Since, for my current canadian job, i did not have the reference letter in the correct format, I have uploaded all payslips of last 1 year along with T4, NOA, all work permits for past year and a roles responsibility letter. But the proof of funds document only has the bank letter and no bank statements.

I have mentioned a good detail about my canadian experience in the LOE but haven't mentioned anything about POF. I understand that there is a high chance for rejection due to a missing explanation about the difference in average balance and current balance. Can you please guide me if I should send a CSE with my bank statements and an explanation that no large deposits have been made in my account apart from my salary?

Thanks in advance for your guidance.

 

[Asivad Anac]

Hello Asivad,

First of all I wanted to thank you for your contribution to this forum, all of us have been helped in some way or the other with your expertise with the EE procedure. Also, I wish you all the very best for your application..

I wanted to get your opinion on the POF for my submitted application for 2 family members (I know you have already answered this a zillion times but this is a little different and I thank you for helping me out).
For proof of funds I have submitted a bank letter that states my average balance for each month in the last 6 months along with a final 6 month total average balance. The monthly average balance shows a gradual increase in the average in the last 4 months (max 3000 per month increase with biweekly salary). The only deposit I get is my canadian salary (I work in an LMIA exempt job which is not permanent and hence i have mentioned "No" in the job offer question). The difference between the total 6 month average balance and final balance in account is pretty high ( 60%) even though the average balance for each month is given and shows a gradual increase in balance.

Since, for my current canadian job, i did not have the reference letter in the correct format, I have uploaded all payslips of last 1 year along with T4, NOA, all work permits for past year and a roles responsibility letter. But the proof of funds document only has the bank letter and no bank statements.

I have mentioned a good detail about my canadian experience in the LOE but haven't mentioned anything about POF. I understand that there is a high chance for rejection due to a missing explanation about the difference in average balance and current balance. Can you please guide me if I should send a CSE with my bank statements and an explanation that no large deposits have been made in my account apart from my salary?

Thanks in advance for your guidance.

It has been observed that CIC does take into cognizance an applicant's work status in Canada while making decisions on the POF front event if they aren't exempted from showcasing POF unless they are invited under CEC. Your documents along with your LOE should suffice, there shouldn't be any reasons to send in a CSE now.

All the best!

 

[maverick85]

It has been observed that CIC does take into cognizance an applicant's work status in Canada while making decisions on the POF front event if they aren't exempted from showcasing POF unless they are invited under CEC. Your documents along with your LOE should suffice, there shouldn't be any reasons to send in a CSE now.

All the best!

Alright.. Thank you!!

 

[Indiansailor]

Heloo Asivad,

Thanks for you promp reply

I have one more question
My wife is dentist
She worked in a clinic for 1.5 years. She has got appointment letter, work experiance and salary slips.
Now problem is that clinic is sold to some other doctor . The doctor who was owner of that clinic he was running that clinic for around 20 years and now he is working for a charitable hospital.
Now additionaly we got a declaration from that doctor on his present work place letter head.
That i am so and so working for this charitable hospital as general physician. I was running my private clinic by the name of xxxxx for over 20 years at xxxxxx address until xxxxxx when i sold it to another doctor due to some exceptional circumstances. I want to state that xxxxxx person was working at my private clinic from xxxx to xxxx period. If any body has any querry regarding the work experiance of xxxxxx person during the above mentioned tenure i can be contacted at below mentioned address

Address
Phone number
Email id

Asivad do you think its ok
Or we have to do something more about it
We will also write a exppkanation letter
Also we will attach the business card of the concerned person.

Your advice will be a help
Thankss

 

[Asivad Anac]

Heloo Asivad,

Thanks for you promp reply

I have one more question
My wife is dentist
She worked in a clinic for 1.5 years. She has got appointment letter, work experiance and salary slips.
Now problem is that clinic is sold to some other doctor . The doctor who was owner of that clinic he was running that clinic for around 20 years and now he is working for a charitable hospital.
Now additionaly we got a declaration from that doctor on his present work place letter head.
That i am so and so working for this charitable hospital as general physician. I was running my private clinic by the name of xxxxx for over 20 years at xxxxxx address until xxxxxx when i sold it to another doctor due to some exceptional circumstances. I want to state that xxxxxx person was working at my private clinic from xxxx to xxxx period. If any body has any querry regarding the work experiance of xxxxxx person during the above mentioned tenure i can be contacted at below mentioned address

Address
Phone number
Email id

Asivad do you think its ok
Or we have to do something more about it
We will also write a exppkanation letter
Also we will attach the business card of the concerned person.

Your advice will be a help
Thankss

I imagine that you've already done the best you can in this situation and this should ideally suffice.

All the best!

 

[DAN1985]

Thank you Asivad for all your help. You are a legend.

 

[sraj07]

Hi Asivad,

Few Indian IT companies have the following system .. The designation they give to employees doesnot match the actual roles and responsibilities in day to day activities .. For example your designation can be Software Engineer (noc 2173 , by designation name) , but in daya to day , they will be doing programming - which is actually 2174 ...


The designation in few IT companies are giving just based on the no.of years you worked and for Salary purpose .It doesnot match with the daily job you do ...


Will CIC understand this, if we submit an LOE - telling them "Designation is given for the purpose of fixing the salary scale and it wont match the daily roles and responsibilities "

 

[Londo]

It's all the same. The generic CIC checklist mentions 6 months average balance (http://www.cic.gc.ca/english/resources/tools/perm/express/intake-complete.asp) while the personalized checklist asks for each month's balance.

Essentially, what it amounts to is confirmation for the CIC that there hasn't been any suspiciously large credit activity into your account within the last 6 months. Submit either 6 months average balance or monthly balance for each of the last 6 months, it doesn't matter.

Okay thank you very much.