shankariyer
Full Member
Posts: 42
Ratings: +1
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« on: July 13, 2011, 12:19:07 am » |
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Dear friends,
I am told i can open bank account in Toronto, Canada (e.g. RBC) prior to landing and transfer the funds to my account which can be shown as proof of funds (rather thank drafts and TCs). Is it so? If yes,
once I transfer funds, what precaution and what letter i should take from bank which can be shown on landing and accetable by Immigration.
SS
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HurryJacky
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Posts: 26
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« Reply #1 on: July 13, 2011, 12:58:02 am » |
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There is a long list of residential and social ties of Canada in the CIC website.
One of the ties is the creation of bank account.
I just landed and talked to an accountant, try to avoid any social ties (opening a bank account) if you're not ready for landing. If you need to do so, open a bank account and state: Non-resident.
For me, I opened a bank account BEFORE I met the accoutant. So I had to inform manager in the bank changing my status to "non-resident". Otherwise, I may need to pay tax while I'm still working in my own country.
Good luck!
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shankariyer
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Posts: 42
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« Reply #2 on: July 13, 2011, 02:03:48 am » |
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Jacky
thanks very much. point noted. but part of my question remain unanswered. what letter or document i should take from Bank prior to leave my country which i can show at the immigration which is accepted as proof of funds.
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HurryJacky
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Posts: 26
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« Reply #3 on: July 13, 2011, 06:51:36 am » |
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I myself prepared "Monthly transaction" from my bank but the immigration officer didn't ask it.
Ask your bank manager to issue an "Bank Reference Letter" stating your funds.
Good luck!
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SFD
Hero Member
Posts: 527
Ratings: +20
Category........: FSW1
NOC Code......: 0111/4221
Pre-Assessed..: Yes
App. Filed.......: Oct 05 2009
Doc's Request.: Dec 03 2009
AOR Received.: 1st AOR Dec 03 2009
IELTS Request: Dec 03 2009 (7 Score Band)
File Transfer...: Already Transferred
Med's Request: June 28 2011
Med's Done....: 06-07-2011
Interview........: Nope
Passport Req..: August 22 2011
VISA ISSUED...: August 25 2011
LANDED..........: Sep 03 2011
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« Reply #4 on: July 13, 2011, 07:01:00 am » |
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HurryJacky and Shankariyer,
What do I need to open an account as a visitor in Canada? I am a FSWP applicant and should be getting my PRVs soon, but I am going to Canada next week and would like to make a deposit...
Please advice..
SFD
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Lord, make me an instrument of your peace.
Where there is hatred, let me sow love.
Where there is injury, pardon. Where there is doubt, faith.Where there is despair, hope. Where there is darkness, light.Where there is sadness, joy. (St. FA)
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shankariyer
Full Member
Posts: 42
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« Reply #5 on: July 13, 2011, 12:46:08 pm » |
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SFD procedure is same for everything. just visit www.rbc.com/canada you will find answer to all queries. it is very best and useful site |
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HurryJacky
Full Member
Posts: 26
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« Reply #6 on: July 13, 2011, 09:03:29 pm » |
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In addition to Royal Bank, ScotiaBank also got StartRight program.
Make sure you open an account stating "non-residential", otherwise you establish a social ties with Canada and Revenue agency may have the right to charge you tax.
Good Luck!
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SFD
Hero Member
Posts: 527
Ratings: +20
Category........: FSW1
NOC Code......: 0111/4221
Pre-Assessed..: Yes
App. Filed.......: Oct 05 2009
Doc's Request.: Dec 03 2009
AOR Received.: 1st AOR Dec 03 2009
IELTS Request: Dec 03 2009 (7 Score Band)
File Transfer...: Already Transferred
Med's Request: June 28 2011
Med's Done....: 06-07-2011
Interview........: Nope
Passport Req..: August 22 2011
VISA ISSUED...: August 25 2011
LANDED..........: Sep 03 2011
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« Reply #7 on: July 13, 2011, 09:33:47 pm » |
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In addition to Royal Bank, ScotiaBank also got StartRight program.
Make sure you open an account stating "non-residential", otherwise you establish a social ties with Canada and Revenue agency may have the right to charge you tax.
Good Luck!
Thank you so much. Here is the million question.... Opening an account it's very important for two reason: 1) Bring somemoney to the account in order to comply with the requeirements. 2) I need an address for the school enrollment. Can I used an address very close from where I am thinking of renting? Greetings SFD |
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Logged
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Lord, make me an instrument of your peace.
Where there is hatred, let me sow love.
Where there is injury, pardon. Where there is doubt, faith.Where there is despair, hope. Where there is darkness, light.Where there is sadness, joy. (St. FA)
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steaky
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« Reply #8 on: July 14, 2011, 01:02:15 pm » |
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Thank you so much.
Here is the million question.... Opening an account it's very important for two reason:
1) Bring somemoney to the account in order to comply with the requeirements.
2) I need an address for the school enrollment. Can I used an address very close from where I am thinking of renting?
Greetings
SFD
1) Yes, you need money for landing 2) Yes, you can use the rental address |
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SFD
Hero Member
Posts: 527
Ratings: +20
Category........: FSW1
NOC Code......: 0111/4221
Pre-Assessed..: Yes
App. Filed.......: Oct 05 2009
Doc's Request.: Dec 03 2009
AOR Received.: 1st AOR Dec 03 2009
IELTS Request: Dec 03 2009 (7 Score Band)
File Transfer...: Already Transferred
Med's Request: June 28 2011
Med's Done....: 06-07-2011
Interview........: Nope
Passport Req..: August 22 2011
VISA ISSUED...: August 25 2011
LANDED..........: Sep 03 2011
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« Reply #9 on: July 14, 2011, 01:57:12 pm » |
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1) Yes, you need money for landing
2) Yes, you can use the rental address
Steaky, Next week, I am going to Canada as a visitor and would like to open an account. I am going to use some friend address in the mean time. But, what worries me it's the school enrollment. School Program starts on Sep 06. However, I guess I should take one step at a time. SFD |
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Logged
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Lord, make me an instrument of your peace.
Where there is hatred, let me sow love.
Where there is injury, pardon. Where there is doubt, faith.Where there is despair, hope. Where there is darkness, light.Where there is sadness, joy. (St. FA)
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steaky
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« Reply #10 on: July 14, 2011, 02:46:58 pm » |
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Steaky,
Next week, I am going to Canada as a visitor and would like to open an account. I am going to use some friend address in the mean time. But, what worries me it's the school enrollment. School Program starts on Sep 06.
However, I guess I should take one step at a time.
SFD
If you are just visiting (instead of landing), make sure you tell the bank to open as a non resident bank account. |
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Yon Hanock
Newbie
Posts: 3
Ratings: +0
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« Reply #11 on: July 16, 2011, 03:12:02 am » |
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Excuse me, its enrollment rate is what exactly?  |
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SFD
Hero Member
Posts: 527
Ratings: +20
Category........: FSW1
NOC Code......: 0111/4221
Pre-Assessed..: Yes
App. Filed.......: Oct 05 2009
Doc's Request.: Dec 03 2009
AOR Received.: 1st AOR Dec 03 2009
IELTS Request: Dec 03 2009 (7 Score Band)
File Transfer...: Already Transferred
Med's Request: June 28 2011
Med's Done....: 06-07-2011
Interview........: Nope
Passport Req..: August 22 2011
VISA ISSUED...: August 25 2011
LANDED..........: Sep 03 2011
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« Reply #12 on: July 16, 2011, 06:06:40 am » |
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Excuse me, its enrollment rate is what exactly? Hello Yon Hanock Are you referring to the school enrollment issue I mentioned? I am not really sure if your comments are related to my queries. SFD |
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Logged
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Lord, make me an instrument of your peace.
Where there is hatred, let me sow love.
Where there is injury, pardon. Where there is doubt, faith.Where there is despair, hope. Where there is darkness, light.Where there is sadness, joy. (St. FA)
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