Everybody share your experience about how visa officer verify bank statement.

[fazeel]

share you knowledge about how they verify funds.


IRfan

[canada_future]

Yes pls share your experiences.

[asd]

no one had experience in this situation .because the verification is done without the knowledge of the applicants.i think it is done by the detailed assessment of the evidence.

[clubcanada]

you mean during the evaluation process and not for landing? If it's only about bank accounts:
I simply went to my bank and got a print-out on their company letter from all of my accounts and my name on it....

however, I assume that the requirements might differ from case to case. If you live in a developed country and have an annual income that easily exceeds the financial requirements it might be a little easier to prove. if your income is very low and you have a large bank account you might provide maybe some more evidence that the money on the account is really yours and not just temporarily borrowed from a some people...

[harith86]

Does the visa officer recognize any local bank? or only recognizes the bank that deals internationally? like with western union for example...

Please help at this point.

[jnathan]

They have their agents to verify those funds.

[Architect2151]

I suppose in this fast track communication age,
Nothing is that hard to track or varify. Simply a phone
Call to the financial institution is fair enough to get
The truth. Developed country has better ways of providing/ acquiring
Information . Other countries might take little Longer but not
Impossible if they want to confirm.

[harith86]

So you do agree that they recognize the local bank statement? or what?
what should I do now?

[ramzy2277]

what if i borrow some money from a relative and put it in my bank account then get a bank statement...showing exactly the required amount and send that bank statement along with the application ....afterwords i withdraw the money i borrowed ......will they notice this ........and reject the bank statement....pleave advise....

[2011july20]

what if i borrow some money from a relative and put it in my bank account then get a bank statement...showing exactly the required amount and send that bank statement along with the application ....afterwords i withdraw the money i borrowed ......will they notice this ........and reject the bank statement....pleave advise....

Yes they will discover/know. Any time there is a large deposit of US$2000.00, you must write a notarized letter to explain the source and if possible enclose a paper evidence.  I had $3000.00 deposit from a rent and had to do the explaining.

[harith86]

Yes they will discover/know. Any time there is a large deposit of US$2000.00, you must write a notarized letter to explain the source and if possible enclose a paper evidence.  I had $3000.00 deposit from a rent and had to do the explaining.

I didn't understand, how do they discover that? how should I make sure that everything is clear and right so the visa officer won't doubt that funds are withdrew?

[2011july20]

I didn't understand, how do they discover that? how should I make sure that everything is clear and right so the visa officer won't doubt that funds are withdrew?

As obvious as it is, a bank statement is supposed to show credits and debits within a given period (month). A two month bank statement compared will show average imputs/outputs (credits from for example salary (wages) from a job and debits) and therefore a large variance from this norm indicates an anormaly that must be explained.  Like I said before, my statement had an excess of three thousand dollars ($3000.00), cash I received from my tenant and so a call came thro my rep to explain the source, which I did. First, I enclosed a mortgage statement (copy of house title will do) to show that I own the house and then printed a copy of the rental cheque (check), both notarized and everything seemed ok since then.

[Aquib]

As obvious as it is, a bank statement is supposed to show credits and debits within a given period (month). A two month bank statement compared will show average imputs/outputs (credits from for example salary (wages) from a job and debits) and therefore a large variance from this norm indicates an anormaly that must be explained.  Like I said before, my statement had an excess of three thousand dollars ($3000.00), cash I received from my tenant and so a call came thro my rep to explain the source, which I did. First, I enclosed a mortgage statement (copy of house title will do) to show that I own the house and then printed a copy of the rental cheque (check), both notarized and everything seemed ok since then.

They can easily guess that money is yours or borrowed.

If it's yours they you can show that it's on your name since long time or its deposited gradually from your saving,  but if it's borrowed then you will only showing 2-3 month bank statement and there cicada can go ahead to check

[nkshumon]

what if i borrow some money from a relative and put it in my bank account then get a bank statement...showing exactly the required amount and send that bank statement along with the application ....afterwords i withdraw the money i borrowed ......will they notice this ........and reject the bank statement....pleave advise....

in general vo check by their agent and also they see you statement that how much money you deposit and withdrawn in that statement . If you want to deposit your relatives amount then you should have to maintain until the visa issue . because if they got any doubt they may be ask you update for 6 or 1 year statement then what could you do . so far i heard from some applicant and banks staff that usually VO ask to specific bank for account check by their staff through phone . so now decide yourself what you do .

Thanks

NKSHUMON