Proof of Funds

[PankajK]

Friends,

I have taken bank statements of last six months and balance certificate for my Bank Accounts in INDIA
and six months bank statement for Bank Accounts in SINGAPORE.

we are two member and we need to show CAD $13500

I have to queries:

1. I have around CAD $18000 in bank, should i write funds = CAD $13500 (exact amount mentioned for 2 members)
or I should write as much i can arrange?

2. As i use my saving account debit card for daily expenses so my account will have some amount less then mentioned in the balance certificates/ bank statements but it is much more then minimum required amount. Is that fine?

Please reply as i am preparing my full application which i need to send soon.

Regards,
Pankaj

 

[bennyameh]

1.Write as much you can arrange.
2.Do normal transaction on you account but try to maintain minimum balance required by CIC.
Benny

 

[PankajK]

Thanks bennyameh

Any other

 

[qorax]

Thanks bennyameh

Any other

Benny has given the perfect answer.
However, u may go down [below the CIC requirement] little here-n-there as well, on the a/c. But, during meds, if CHC asks for it again, the a/c balance that time should be as required.

Note: There is a change [slight increase] to the POF, though not yet amended on the CIC website.

 

[PankajK]

Thanks alot

 

[ankit_20]

Yes, mention what ever you can show, it bolsters the case that you can support yourself while in Canada.

Please ensure that you need to show the funds till landing more or less.

 

[sumit39]

Showcase as mush as you can......I showed 34000 Canadian dollars in my account but the need was 19000 dollars only. There is no harm.

 

[PankajK]

Ankit, Sumit Thanks for your comments

 

[hunker]

hello Pankaj,

pls never let ur account to hold amount less than the minimum required,although a lil bit difference is allowed,
But in PR cases,there is no risk worth taking.
I hope you got me

 

[lola_basyang]

i totally agree.. in my case i am really having a hard time providing such amount as well... but, as much as possible the minimum amount shouldn't go less than required. just for safety sake.

 

[somey11]

For how much time the required amount should b in bank???
BR//Usman

 

[hunker]

For how much time the required amount should b in bank???
BR//Usman

You have to maintain the least amount till you get visa approved and stamped

Let others add to it.

 

[PankajK]

Thanks Guys

 

[PankajK]

Friends,

I have taken bank statements of last six months and balance certificate for my Bank Accounts in INDIA
and six months bank statement for Bank Accounts in SINGAPORE.

we are two member and we need to show CAD $13500

I have to queries:

1. I have around CAD $18000 in bank, should i write funds = CAD $13500 (exact amount mentioned for 2 members)
or I should write as much i can arrange?

2. As i use my saving account debit card for daily expenses so my account will have some amount less then mentioned in the balance certificates/ bank statements but it is much more then minimum required amount. Is that fine?

Please reply as i am preparing my full application which i need to send soon.

Regards,
Pankaj

Guys if it put CAD $21000 in my application now as i can show my bank balance equivalent to same and i can maintain it till the visa, will i need to take the same amount with me to CANADA or only applicable for 2 members which is at present almost (CAD $13500)

 

[accounts]

Friends,

I have taken bank statements of last six months and balance certificate for my Bank Accounts in INDIA
and six months bank statement for Bank Accounts in SINGAPORE.

we are two member and we need to show CAD $13500

I have to queries:

1. I have around CAD $18000 in bank, should i write funds = CAD $13500 (exact amount mentioned for 2 members)
or I should write as much i can arrange?

2. As i use my saving account debit card for daily expenses so my account will have some amount less then mentioned in the balance certificates/ bank statements but it is much more then minimum required amount. Is that fine?

Please reply as i am preparing my full application which i need to send soon.

Regards,
Pankaj

Show only the requisite amount as proof of funds. show 500 or 1000 CAD extra.