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Author Topic: Proof of fund from different country  (Read 2083 times)
Balajim
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Posts: 3
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« on: June 08, 2006, 04:06:41 pm »

Hi,
I am submitting my application to Buffalo,Ny office. I need to know if  Bank accounts in US and Equity in US and India will be considered as proof of  fund for immigration. These are teh ones that i have as proff of fund docs,Pls let me know if they are sufficient. Pls note that i can show enough fund only after accounting the equities(shares) value.

1. Bank account statement in US
2. Equity holding Statement from US
3. Equity holding statement from India.

Pls advice, i am really confused in this regard.

Thanks,
Balaji.
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PMM
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Posts: 13868
Ratings: +514

« Reply #1 on: June 08, 2006, 06:20:23 pm »

Hi

Hi,
I am submitting my application to Buffalo,Ny office. I need to know if  Bank accounts in US and Equity in US and India will be considered as proof of  fund for immigration. These are teh ones that i have as proff of fund docs,Pls let me know if they are sufficient. Pls note that i can show enough fund only after accounting the equities(shares) value.

1. Bank account statement in US
2. Equity holding Statement from US
3. Equity holding statement from India.

Pls advice, i am really confused in this regard.

Thanks,
Balaji.

Funds in India must be transferable in dollars, rupees are not considered convertible currency by CHC.

PMM
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PMM
Balajim
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« Reply #2 on: June 08, 2006, 08:02:41 pm »

Hi PMM,
Thanks, But cani show Values of teh shares held in indian rupees as proof of fund. i can get a statement form the brokerage firm to show the current value of teh stocks held. Will this be treated as valid.

Pls advice. Thanks again
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PMM
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Posts: 13868
Ratings: +514

« Reply #3 on: June 08, 2006, 11:07:03 pm »

Hi

Hi PMM,
Thanks, But cani show Values of teh shares held in indian rupees as proof of fund. i can get a statement form the brokerage firm to show the current value of teh stocks held. Will this be treated as valid.

Pls advice. Thanks again

Shares no matter where they are, are not considered in Settlement funds.  Its $ only.

PMM


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PMM
winnycanada
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Posts: 163
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« Reply #4 on: February 14, 2011, 01:53:33 am »

Hi

Shares no matter where they are, are not considered in Settlement funds.  Its $ only.

PMM





Hello.
I just wonder if it is ok to provide funds in my own currency (non-canadian dollars) that is equal and over the required funds.

then if needed, i can transfer it into Canadian dollars?

does it matter?
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elmo_25
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Posts: 192
Ratings: +2

« Reply #5 on: February 14, 2011, 02:30:28 am »


Hello.
I just wonder if it is ok to provide funds in my own currency (non-canadian dollars) that is equal and over the required funds.

then if needed, i can transfer it into Canadian dollars?

does it matter?
I think yes you can do that, but dif case upon entry...
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