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Author Topic: proof of fund  (Read 1291 times)
DBXtoCAN
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« on: September 07, 2011, 09:38:22 am »

Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
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mitali
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« Reply #1 on: September 07, 2011, 09:46:19 am »

Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers

Yes, VO's generally requests for an updated statement or a PERSONAL NET WORTH STATEMENT towards the end of the process....at the time of RPRF request.

Mitali
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I am NOT AN EXPERT on Immigration. The above is my own personal opinion and you are not bound to follow it.
https://docs.google.com/spreadsheet/ccc?authkey=CLDXsFA&key=0AiJy8Qu8lcQbdGxiSnNhME5sVi1uRlZtUWNhOEFwemc&hl=ar&authkey=CLDXsFA#gid=0
wilson
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« Reply #2 on: September 07, 2011, 09:47:30 am »

You need to submit a new POF when required by visa office.
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When one door closes, another opens; but we often look so long and so regretfully upon the closed door that we do not see the one that has opened for us."

- Alexander Graham Bell
asyousuf
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Posts: 1233
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Category........: FSW1
LANDED..........: April 2011

« Reply #3 on: September 07, 2011, 10:19:12 am »

Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers
May or may not. 50 50 chance
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Cappuccino
VIP Member
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Posts: 4174
Ratings: +360
Category........: FSW1
Visa Office......: London
NOC Code......: 3131
App. Filed.......: 30-Aug-2010
AOR Received.: 15-Dec-2010
IELTS Request: Sent with app - 8.5 band score
Med's Request: 13-Apr-2011
Med's Done....: 19-Apr-2011
Passport Req..: 28-June-2011
VISA ISSUED...: 21-July-2011
LANDED..........: 27-Aug-2011

ECAS
Recd By VO.....: 11-Feb-2011
In Process.......: 15-Mar-2011
Decision Made.: 25-Jun-2011

« Reply #4 on: September 07, 2011, 11:31:48 am »

Guys I am new to this forum

I need advice from u ppl towards the below

During my document submission I had given closing statement of my account reflecting the required amount in place of 6 months bank statement because of the loan I have
Now I have received the AOR with second file number will I be asked for bank statements as proof of fund

cheers

Please note that you cannot use loans as proof of funds. It must be YOUR money, and not borrowed. CIC are very clear about this:
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

My apologies if I have misunderstood you, but if you used borrowed funds for your application you will be caught if CIC ask for 6 to 12 months bank statements during processing. And if you are caught, not only will your application fail but you may not be eligible to apply for a number of years. And frankly, I hope you are caught.

It is concerning the growing number of applicants who believe the rules do not apply to them and who think they can cheat their way into Canada Sad

Wayne.
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Please make update requests IN GREEN on the post J26 thread!
My Canada blog = http://get2canada.wordpress.com

Also I would recommend attending a CIIP course after you get med requests!
http://get2canada.wordpress.com/our-ciip-experienc
azazaz
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« Reply #5 on: September 07, 2011, 12:40:11 pm »

And frankly, I hope you are caught.

Wayne.

hahaaha  Grin

good to see you back man, where were you
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Cappuccino
VIP Member
*******

Posts: 4174
Ratings: +360
Category........: FSW1
Visa Office......: London
NOC Code......: 3131
App. Filed.......: 30-Aug-2010
AOR Received.: 15-Dec-2010
IELTS Request: Sent with app - 8.5 band score
Med's Request: 13-Apr-2011
Med's Done....: 19-Apr-2011
Passport Req..: 28-June-2011
VISA ISSUED...: 21-July-2011
LANDED..........: 27-Aug-2011

ECAS
Recd By VO.....: 11-Feb-2011
In Process.......: 15-Mar-2011
Decision Made.: 25-Jun-2011

« Reply #6 on: September 07, 2011, 01:06:50 pm »

hahaaha  Grin

good to see you back man, where were you

Hi Smiley Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.
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Please make update requests IN GREEN on the post J26 thread!
My Canada blog = http://get2canada.wordpress.com

Also I would recommend attending a CIIP course after you get med requests!
http://get2canada.wordpress.com/our-ciip-experienc
devilhimselff
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Posts: 1334
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LANDED..........: Yep...

« Reply #7 on: September 07, 2011, 01:10:57 pm »

 @  Cap...Welcome back Smiley

Cool that you landed Cheesy best of luck for future.

 @  Poster of this thread, above advice is what reality is.
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mitali
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« Reply #8 on: September 07, 2011, 01:21:55 pm »

Hi DBXtoCan,

The following link is from Manila VO which has the sample of Net worth statement (A9-A11). You may get an idea of what is to be expected.

Please pay off the loan so that you have the POF which truly belongs to you. You still have couple of months before you get VO"s request for POF.

http://www.cic.gc.ca/english/pdf/kits/guides/E37025.pdf


Mitali
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I am NOT AN EXPERT on Immigration. The above is my own personal opinion and you are not bound to follow it.
https://docs.google.com/spreadsheet/ccc?authkey=CLDXsFA&key=0AiJy8Qu8lcQbdGxiSnNhME5sVi1uRlZtUWNhOEFwemc&hl=ar&authkey=CLDXsFA#gid=0
pittabread
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« Reply #9 on: September 07, 2011, 01:29:37 pm »

Please note that you cannot use loans as proof of funds. It must be YOUR money, and not borrowed. CIC are very clear about this:
http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

My apologies if I have misunderstood you, but if you used borrowed funds for your application you will be caught if CIC ask for 6 to 12 months bank statements during processing. And if you are caught, not only will your application fail but you may not be eligible to apply for a number of years. And frankly, I hope you are caught.

It is concerning the growing number of applicants who believe the rules do not apply to them and who think they can cheat their way into Canada Sad

Wayne.

Welcome back Wayne. Congrats on landing... Smiley. Wish everything works out for you smoothly in Canada....
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azazaz
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Posts: 303
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« Reply #10 on: September 07, 2011, 01:35:10 pm »

Hi Smiley Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.

kool...how did you find canada so far. is it cold there? what do you think is canada better than uk?
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azazaz
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« Reply #11 on: September 07, 2011, 01:40:18 pm »

Hi Smiley Well since landing in Canada have been a bit busy. I am back to the UK this weekend (for about 4 to 5 weeks) then back to Canada permanently hopefully.

Wayne.

i have observed one thing. do you remember that guy immigration1 who was declaring he cheated cic for claiming relative's points and he was proud and brave to do that. i have not seen him after you threatened him that you are going to report him. i think he got scared and ranaway . i think he has left this forum.. Grin
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DBXtoCAN
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« Reply #12 on: September 08, 2011, 06:27:44 am »

Wayne.

thanks dear, for your thoughts, but my loan is towards my car  and i have more then enough funds

should i have new bank account or fixed deposit Huh

cheers
 
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mitali
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Posts: 2941
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« Reply #13 on: September 08, 2011, 12:09:16 pm »

Wayne.

thanks dear, for your thoughts, but my loan is towards my car  and i have more then enough funds

should i have new bank account or fixed deposit Huh

cheers
 

Then nothing to worry at all. Please check my earlier post with the details of PNWS and you'll get an idea. So if you have a loan towards your car you will have to mention it in the PNWS.

Why would you have NEW bank account....continue with the old one which has your POF and send statements from that, if asked for.

Good Luck.

Mitali
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I am NOT AN EXPERT on Immigration. The above is my own personal opinion and you are not bound to follow it.
https://docs.google.com/spreadsheet/ccc?authkey=CLDXsFA&key=0AiJy8Qu8lcQbdGxiSnNhME5sVi1uRlZtUWNhOEFwemc&hl=ar&authkey=CLDXsFA#gid=0
azazaz
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« Reply #14 on: September 08, 2011, 12:53:08 pm »

Wayne.

thanks dear, for your thoughts, but my loan is towards my car  and i have more then enough funds

should i have new bank account or fixed deposit Huh

cheers
 

if loan is for car why didn't you show your full statement before? and if you have more than enough funds why you took loan?  come on don't play games here..
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