What are the Proof of Fund documents..

[Indu GP]

What are the mandatory documents and other documents i need to add.. I am accepting money from my father as gift deed.so what are the documents i need???

 

[shah22393]

What are the mandatory documents and other documents i need to add.. I am accepting money from my father as gift deed.so what are the documents i need???

Can you please be specific as to documents for what you wish to showcase?

 

[Indu GP]

Can you please be specific as to documents for what you wish to showcase?

I applied for express entry and got ITA recently and i am preparing documents for it

 

[shah22393]

You need to showcase funds in your account only approximately 7.5 lacs INR. That is what I have showed and I am a single applicant.

Hope it helps.

P.S:- The account should be under your name and not a joint account.

 

[Indu GP]

You need to showcase funds in your account only approximately 7.5 lacs INR. That is what I have showed and I am a single applicant.

Hope it helps.

P.S:- The account should be under your name and not a joint account.

Thank you.. I did deposit the money..Now i need to know what are the documents i need to upload as a proof of this

 

[shah22393]

Your bank statement on the letter head of the bank saying the amount of funds present in your account. That's it for financial funds that you have to show.

PS :- You need to carry $13,000 when flying to Canada, the officer sometimes do ask you for the proof.

 

[Indu GP]

Your bank statement on the letter head of the bank saying the amount of funds present in your account. That's it for financial funds that you have to show.

PS :- You need to carry $13,000 when flying to Canada, the officer sometimes do ask you for the proof.

Thank you... can you suggest a sample

 

[shah22393]

http://westernmotodrags.com/sample-proof-of-funds-letter

 

[Indu GP]

http://westernmotodrags.com/sample-proof-of-funds-letter

Thank you so much

 

[aspirant89]

To add to it, you would also need to show average monthly balance over the past 6 months as well in this letter.

 

[Indu GP]

To add to it, you would also need to show average monthly balance over the past 6 months as well in this letter.

is that necessary... i am thinking of getting a 6 months statement seperatly

 

[shah22393]

is that necessary... i am thinking of getting a 6 months statement seperatly

The average account statement balance, is to prove that you've not borrowed money from elsewhere, however, in my case, I haven't uploaded that, since I have borrowed that money from my father.

 

[aspirant89]

Hope you have also included the Gift deed affidavit. I am not aware of the part about separate statement, may be some one else can help with clarifying it.

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html
Quoting from CIC

"
Letter(s) must:

• be printed on the financial institution’s letterhead
• include their contact information (address, telephone number and email address)
• include your name
• list outstanding debts such as credit card debts and loans
• include, for each current bank and investment account:
  • account numbers
  • the date each account was opened
  • the current balance of each account
  • the average balance for the past six months"

 

[Indu GP]

The average account statement balance, is to prove that you've not borrowed money from elsewhere, however, in my case, I haven't uploaded that, since I have borrowed that money from my father.

i am also borrowed money from my father..so i dont need to add my average balance in the reference letter...right?

 

[aspirant89]

i am also borrowed money from my father..so i dont need to add my average balance in the reference letter...right?

You will be adding a LOE and also the gift deed. Please do not mention the word borrowed and instead say as Gift in the LOE.