Proof of Funds - Dubai

[coolguy2010]

Dear Seniors,

I will be submitting the documents in January-2011.

Regarding proof of funds, I have to show CAD$ 22,000/-. Is it better to show 2 or 3 accounts or to show in one bank.

I have saving account with HSBC Dubai, HDFC Bank (India). This both will contribute 50% of funds.

I am planning to have 2 more account with ADCB & Mashreq millionaire.So that I have split the investment in 4 accounts. Is it ok and safe.

While taking the "Balance Certificates" the dates will vary. I will taking in 2011. Is there any rule regarding the balance certificates validity or how old it should be....?

After submitting the documents, I will be withdrawing the funds from ADCB & Mashreq Millionaire. Will that be OK...?


Please advise.


Regards
Cool

[saki]

Hi,

Showing 4 accounts is not a problem as long as funds are yours and not borrowed, remember one thing visa officer can ask you for the bank statments again at medicals time so make sure you keep funds until then the minimum which you are required to show.

Cheers
Saki

[coolguy2010]

Dear Saki,

Thanks for your quick reply.

I will be continuing the same way I have planned.


Regards
Cool

[ali81]

Hi,

Showing 4 accounts is not a problem as long as funds are yours and not borrowed, remember one thing visa officer can ask you for the bank statments again at medicals time so make sure you keep funds until then the minimum which you are required to show.

Cheers
Saki

Hi Saki,
one of my freind is insisting that we are not needed bank statement but we are needed a covering letter from bank in which they will mention that this much amount is having in this account. he is applying through consultant and consultant told him...is there any update do you have regarding this?

[coolguy2010]

Hi Ali,

You are right. My nephew has told the same thing. He had done thru Premiers and he had submitted only balance certificate.

But still I will go as per CIC policy when I have the Bank Statement for more than last 6 months.


Regards
Cool

[saki]

Hi Saki,
one of my freind is insisting that we are not needed bank statement but we are needed a covering letter from bank in which they will mention that this much amount is having in this account. he is applying through consultant and consultant told him...is there any update do you have regarding this?

Hi

The requirment is to show you have required funds and you can do this either by showing current balance certificate or a 3,6 months statement. Why statement because if you send statement VO will know that you have these funds for a long time and havent borrowed from anyone because if visa officer have any doubts he/she can ask for statements again at medical time, so if one have funds in the account for a while then better to show statement otherwise stick with the balance certificate.

Cheers
Saki

[ali81]

Hi

The requirment is to show you have required funds and you can do this either by showing current balance certificate or a 3,6 months statement. Why statement because if you send statement VO will know that you have these funds for a long time and havent borrowed from anyone because if visa officer have any doubts he/she can ask for statements again at medical time, so if one have funds in the account for a while then better to show statement otherwise stick with the balance certificate.

Cheers
Saki

Hi Saki,
you are alway's rite. we should go through safe side. agreed.

[asyousuf]

Hi Saki,
one of my freind is insisting that we are not needed bank statement but we are needed a covering letter from bank in which they will mention that this much amount is having in this account. he is applying through consultant and consultant told him...is there any update do you have regarding this?

Both work....

asyousuf

[ali81]

Hi

The requirment is to show you have required funds and you can do this either by showing current balance certificate or a 3,6 months statement. Why statement because if you send statement VO will know that you have these funds for a long time and havent borrowed from anyone because if visa officer have any doubts he/she can ask for statements again at medical time, so if one have funds in the account for a while then better to show statement otherwise stick with the balance certificate.

Cheers
Saki

Hi Saki,
as you know i applied from dubai. my file will be processed from london office and processing time is written 44 months. is there any chance that they can send checklist before 44months. i am getting loose my patience

[saki]

Hi Saki,
as you know i applied from dubai. my file will be processed from london office and processing time is written 44 months. is there any chance that they can send checklist before 44months. i am getting loose my patience

They have written 44 months but it could be done before that depending on the case by case basis.

Cheers
Saki