I got a question on POF that i have shown, while submitting application i calculated the dollar rate and put money in bank which comes to 16001 CAD for 2 applicants.
Now today's CAD gone high and if i calculate that it comes around 15060 which is 83 dollars less and may decrease in POF further if dollar rate increases.
Will this make my application rejected since i do not have sufficient amount?
Thanks mani for reply,
Even I'm not bothered about the small difference in amount, only question is will cic just consider amount at the time of submission or will they do conversion at the time of assessment?
Thanks mani for reply,
Even I'm not bothered about the small difference in amount, only question is will cic just consider amount at the time of submission or will they do conversion at the time of assessment?
This hike in Dollar exchange rate should not affect your file.
However, it is highly recommended to show POF to be additional 100 to 200 dollars more than the minimum required for individual circumstances.
This hike in Dollar exchange rate should not affect your file.
However, it is highly recommended to show POF to be additional 100 to 200 dollars more than the minimum required for individual circumstances.
Thanks Sushsmart for the reply,
i can put 100 to 200 dollars extra but only thing is at this point while CIC does assessment will they consider what ever is based on today's conversion rate or will they see the amount while i initially submitted the application?
Doesn't matter. If you had enough money as on the date you submitted your post ITA application, they may (at worst) ask you for updated statements if there has been significant volatility. Minor difference don't matter.
Doesn't matter. If you had enough money as on the date you submitted your post ITA application, they may (at worst) ask you for updated statements if there has been significant volatility. Minor difference don't matter.