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When POF required to show (Insufficient Amount)The

itsakif

Full Member
Mar 6, 2010
32
1
Hi All,

I would like to know that The POF Bank statement when to be submitted ,

1)During submission of full docs OR
2)Statement required when landing Canada.

Kindly clear my doubt as i dont have sufficient amount presently, But can manage after 4,5 months.

Regard's
 

barsindoo

Champion Member
Jul 7, 2009
1,547
48
Job Offer........
Pre-Assessed..
itsakif said:
Hi All,

I would like to know that The POF Bank statement when to be submitted ,

1)During submission of full docs OR Required until PR Visa is issued.
2)Statement required when landing Canada. Required when landing. IO may or may not ask for proof.

Kindly clear my doubt as i dont have sufficient amount presently, But can manage after 4,5 months. Try to put it in place prior to submitting your full documents.

Regard's
 

itsakif

Full Member
Mar 6, 2010
32
1
Thanks Barsi for your valuable input's ....................


So now i can lodge my file to CIO Sydney , But before submitting full docs require to show POF amount as an bank statement letter proof.


Regd's
 

arashtdii

Hero Member
Jan 14, 2010
307
15
Category........
Visa Office......
Damascus
NOC Code......
0213
Job Offer........
Pre-Assessed..
App. Filed.......
CIO:Feb 2010 - CHC:May 2010
AOR Received.
1st: Mar 2010 | 2nd: Aug 2010
Hi,
The question is about the 6-month bank account statement to be provided as part of the full docs to VO.
As instructed by CIC:
"If you have RECENTLY deposited a LARGE amount of money into your bank account, you must clearly explain the provenance of these funds."

The question is what do they mean by "RECENTLY" and "LARGE amount"?
"Recently" means how many days before the date of the account statement?
How much is considered as a large amount?

Is an amount of $12,000 made about 5 months before the statement date considered both RECENT and LARGE?

Thanks,
 

barsindoo

Champion Member
Jul 7, 2009
1,547
48
Job Offer........
Pre-Assessed..
arashtdii said:
Hi,
The question is about the 6-month bank account statement to be provided as part of the full docs to VO.
As instructed by CIC:
"If you have RECENTLY deposited a LARGE amount of money into your bank account, you must clearly explain the provenance of these funds."

The question is what do they mean by "RECENTLY" and "LARGE amount"? Recently means you deposited the money like say a week ago and large amount means you paid in say $5000 a week ago.
"Recently" means how many days before the date of the account statement? Correct.
How much is considered as a large amount? I would say $5000

Is an amount of $12,000 made about 5 months before the statement date considered both RECENT and LARGE? No

Thanks,
 

arashtdii

Hero Member
Jan 14, 2010
307
15
Category........
Visa Office......
Damascus
NOC Code......
0213
Job Offer........
Pre-Assessed..
App. Filed.......
CIO:Feb 2010 - CHC:May 2010
AOR Received.
1st: Mar 2010 | 2nd: Aug 2010
Barsindoo, Thanks for your quick and clear advice. :)
 

pgt

Star Member
Jul 1, 2009
94
2
Hey Barshindoo,

I have got my file number and I would like to know if I show a balance certificate, I mean closing balance certificate of a day, will it suffice my purpose?

please reply...
 

BDSkilled

Hero Member
Oct 15, 2009
567
13
Dhaka
Category........
Visa Office......
Singapore
NOC Code......
0632
Job Offer........
Pre-Assessed..
LANDED..........
December 2010
CIC Says Readily tranfereble Amount. No where mentioned the no of days as well as amount. Just before sending the DOX make your Statement as required.

That all
 

pgt

Star Member
Jul 1, 2009
94
2
Thanks for ur reply but there is little confusion.

I am talking about a balance certificate tht shows closing balance of the previous day, it means only that day's closing balance will be shown. Now if u r talking abt a statement, how many days minimum balance needs to be shown here? will a month do?

I prefer to show a certificate as I dont hv enough money right now and I will have to borrow to show funds... please reply me
 

BDSkilled

Hero Member
Oct 15, 2009
567
13
Dhaka
Category........
Visa Office......
Singapore
NOC Code......
0632
Job Offer........
Pre-Assessed..
LANDED..........
December 2010
there is no time limit
 

PMM

VIP Member
Jun 30, 2005
25,494
1,950
Hi

zabaloch said:
I do not see any POF document required by CIO in the checklist.
Because it is not required for the initial application to Nova Scotia, It is required when you receive the 120 day letter and when/if you "land"
 

Rahat786

Newbie
Dec 1, 2009
6
8
Hi Seniors!

What if the bank account is under my wife's name instead of mine? Will that be a problem given I am the principal applicant? She has sufficient funds in her account since one year as proof of funds for settlement. She can transfer to my account but she has to travel to Pakistan, only for this purpose.

Your valuable comments are much appreciated.

Rahat
 

rocky272727

VIP Member
May 21, 2009
3,121
168
Job Offer........
Pre-Assessed..
itsakif said:
Hi All,

I would like to know that The POF Bank statement when to be submitted ,

1)During submission of full docs OR
2)Statement required when landing Canada.

Kindly clear my doubt as i dont have sufficient amount presently, But can manage after 4,5 months.

Regard's
1. Yes during the time of full documents submission.
2. At the time of landing the immigration officer can ask which now a days they are asking and in order to get the PR status you must meet the PR requirements that is proof of funds.