Proof of Funds : coming from IN

[myishika]

Dear All,

I have seen many posts on the forum and found a lot of valuable advice. However I still have following queries regarding the POF and my landing scenario.

1) I have around 3.5 Lac in Indian bank. How can I use this amount for POF. Should it be a bank statement, a DD in CAD dollars or will a DD in INR work?

2) I have rest of the amount in PF and FDs. Can I use this amount as POF.

3) If I cannot use the money in point 2, then I can borrow 5K USD from my friend in US. However I am not sure how I can use that money. Does he have to transfer that amount to India before I can use it.

4) I am travelling to US. What is the best way to get this amount from my friend in US (apart from Cash).

Sorry for so many queries, but I am not very good with financials and need some more clear understanding on this issue.

Thanks in advance and all the best to you all for your visas..

Cheers

 

[meena]

Hi,

1) I have around 3.5 Lac in Indian bank. How can I use this amount for POF. Should it be a bank statement, a DD in CAD dollars or will a DD in INR work?
>>> Bank Certificate showing your final balanace would work.

2) I have rest of the amount in PF and FDs. Can I use this amount as POF.
>> FDs woudl work. But I think for PF you still need to check. Though I send and it was accepted.

3) If I cannot use the money in point 2, then I can borrow 5K USD from my friend in US. However I am not sure how I can use that money. Does he have to transfer that amount to India before I can use it.
>>>> All money should be in your account . And if u r borrowing money from someone then CHC shoudl not be known about this.

4) I am travelling to US. What is the best way to get this amount from my friend in US (apart from Cash).
>>> Online Transfer and then take Bank Certificate from your Bank.


Meena

 

[myishika]

Hi,

1) I have around 3.5 Lac in Indian bank. How can I use this amount for POF. Should it be a bank statement, a DD in CAD dollars or will a DD in INR work?
>>> Bank Certificate showing your final balanace would work.

2) I have rest of the amount in PF and FDs. Can I use this amount as POF.
>> FDs woudl work. But I think for PF you still need to check. Though I send and it was accepted.

3) If I cannot use the money in point 2, then I can borrow 5K USD from my friend in US. However I am not sure how I can use that money. Does he have to transfer that amount to India before I can use it.
>>>> All money should be in your account . And if u r borrowing money from someone then CHC shoudl not be known about this.

4) I am travelling to US. What is the best way to get this amount from my friend in US (apart from Cash).
>>> Online Transfer and then take Bank Certificate from your Bank.


Meena

Thanks a lot Meena for your reply. Hope you get your VISA stamped soon.

Cheers

 

[meena]

Thanks a lot for your Wishes.

Meena

 

[accounts]

Hi,

1) I have around 3.5 Lac in Indian bank. How can I use this amount for POF. Should it be a bank statement, a DD in CAD dollars or will a DD in INR work?
>>> Bank Certificate showing your final balanace would work.

2) I have rest of the amount in PF and FDs. Can I use this amount as POF.
>> FDs woudl work. But I think for PF you still need to check. Though I send and it was accepted.

3) If I cannot use the money in point 2, then I can borrow 5K USD from my friend in US. However I am not sure how I can use that money. Does he have to transfer that amount to India before I can use it.
>>>> All money should be in your account . And if u r borrowing money from someone then CHC shoudl not be known about this.

4) I am travelling to US. What is the best way to get this amount from my friend in US (apart from Cash).
>>> Online Transfer and then take Bank Certificate from your Bank.


Meena

Request Meena not to misguide.. its better to remain silent than giving wrong info..

One need to show proof in CAD at POE..in form of Cash, DD in CAD, Traveller chqs.

IO can check it physically.


Only bank statement of Canadian Account is accepatable (u can open your Canadian bank account even if u are out of CAnada)