Regarding POF - Average Balance

[akarshank]

Hi All,

I have a couple of questions regarding the POF. Some expert advice would be extremely helpful and appreciated.


1. I am going to get the Bank Certificate with the required information. Is that enough or do I also need to attach the bank statements showing all transactions over past 6 months?


2. The 6 months average balance on certificate - Do I need to show the average balance over past 6 months (Sum of balances each day for 180 days / 180) or monthly average balances (i.e. 6 balance amounts for each of the past 6 months)?

 

[DelPiero07]

1 - Yes if it follows all IRCC requirements.

2 - Av. balance over the past 6 months.

 

[akarshank]

1 - Yes if it follows all IRCC requirements.

2 - Av. balance over the past 6 months.

Thank you so much!

The average balance is lower than required. However, the current balance is enough as I got a gift from my father. I am planning to show the Bank Certificate, Transaction Receipt and Gift Deed. Is that good or should I provide any more documents such as bank statements of my father and myself?

 

[akarshank]

Bump

 

[DelPiero07]

Thank you so much!

The average balance is lower than required. However, the current balance is enough as I got a gift from my father. I am planning to show the Bank Certificate, Transaction Receipt and Gift Deed. Is that good or should I provide any more documents such as bank statements of my father and myself?

That's sufficient.