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Author Topic: Proof of funds  (Read 722 times)
gemini88
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« on: July 06, 2011, 12:50:51 pm »

Hello

please let me know that for how much time we have to keep money in our account in order to show Funds proof like in case of two persons we have to show $13,837 in FSW category.

Plese reply asap.

Thanks
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omm
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« Reply #1 on: July 06, 2011, 01:28:27 pm »

Skilled workers and professionals for 2 people amount should be countable in CAD  $13,837 Funds Required
(in Canadian dollars).

Read more about POF here on CIC website: http://www.cic.gc.ca/english/immigrate/skilled/funds.asp

OMM
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ankit_20
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« Reply #2 on: July 06, 2011, 02:26:27 pm »

Hello

please let me know that for how much time we have to keep money in our account in order to show Funds proof like in case of two persons we have to show $13,837 in FSW category.

Plese reply asap.

Thanks

Till u get the Visas
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omm
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« Reply #3 on: July 06, 2011, 03:11:38 pm »

correct ankit, but not till get the visa, till landing to Canada.

OMM

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murtazaabbasi
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Posts: 555
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Category........: FSW1
Visa Office......: London
NOC Code......: 0213
App. Filed.......: 19-04-2010
Doc's Request.: 12-July-2010
Nomination.....: 00
AOR Received.: 12-July-2010
IELTS Request: 00
File Transfer...: 20-July-2010
Med's Request: 00
Med's Done....: 00
Interview........: 00
Passport Req..: 00
VISA ISSUED...: 00
LANDED..........: 00

« Reply #4 on: July 06, 2011, 11:52:23 pm »

correct ankit, but not till get the visa, till landing to Canada.

OMM


There is nowhere written that someone maintain the fund till Visa or Landing. Just show amount at the time of varification and at the time of Landing.

Read Guide line carefully. It only asks to show POF .
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Sr Software Engineer
NOC  0213
Visa Office London
Application Sent to CIC 19 April 2010
DD Charged 22 June 2010
1st AOR Received 12th July 2010
Full Docs Submitted 30th October 2010
2nd AOR :11-5-2011
Current status:Inprocess:docs pending review
canada1234
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Posts: 2851
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Category........: FSW1
Visa Office......: London
App. Filed.......: 10-02-2010
Doc's Request.: 04-05-2010
AOR Received.: 04-08-2010
Med's Request: 04-05-2012
Med's Done....: 12-05-2012

« Reply #5 on: July 06, 2011, 11:59:45 pm »

There is nowhere written that someone maintain the fund till Visa or Landing. Just show amount at the time of varification and at the time of Landing.

Read Guide line carefully. It only asks to show POF .

Everything is not written in guide. It's just a common sense.
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Silent
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Posts: 560
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Category........: FSW1
Visa Office......: New Delhi
NOC Code......: 7242
App. Filed.......: 22-09-2010
AOR Received.: PER received :25-01-2011 & 2nd AOR Recd : 07-03-2011
IELTS Request: Send with application
Med's Request: 09-03-2011
Med's Done....: 22-03-2011
Passport Req..: 09-03-2011
VISA ISSUED...: not yet
LANDED..........: with god's grace planning in August ' 11.

« Reply #6 on: July 07, 2011, 01:06:40 am »

Till u get visas. As any point of time during ur process they can ask u about POF.
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murtazaabbasi
Hero Member
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Posts: 555
Ratings: +8
Category........: FSW1
Visa Office......: London
NOC Code......: 0213
App. Filed.......: 19-04-2010
Doc's Request.: 12-July-2010
Nomination.....: 00
AOR Received.: 12-July-2010
IELTS Request: 00
File Transfer...: 20-July-2010
Med's Request: 00
Med's Done....: 00
Interview........: 00
Passport Req..: 00
VISA ISSUED...: 00
LANDED..........: 00

« Reply #7 on: July 07, 2011, 01:07:02 am »

Everything is not written in guide. It's just a common sense.
Yes. you are correct but whole process is bassed on guide line, there is nothing to get with common sense. VO simply inquire those whose cases are suspecious.
Immigration is so long procedure since last three, four years they now one cant manage huge amount with 4 or more than 4 family member's POF in bank .

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Sr Software Engineer
NOC  0213
Visa Office London
Application Sent to CIC 19 April 2010
DD Charged 22 June 2010
1st AOR Received 12th July 2010
Full Docs Submitted 30th October 2010
2nd AOR :11-5-2011
Current status:Inprocess:docs pending review
canada1234
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Posts: 2851
Ratings: +87
Category........: FSW1
Visa Office......: London
App. Filed.......: 10-02-2010
Doc's Request.: 04-05-2010
AOR Received.: 04-08-2010
Med's Request: 04-05-2012
Med's Done....: 12-05-2012

« Reply #8 on: July 07, 2011, 01:51:30 am »

Yes. you are correct but whole process is bassed on guide line, there is nothing to get with common sense. VO simply inquire those whose cases are suspecious.
Immigration is so long procedure since last three, four years they now one cant manage huge amount with 4 or more than 4 family member's POF in bank .

By withdrawing money your case will become automatically suspicious. VO will get confirm that you have borrowed money from someone. You never know when CIC will enquire from your bank about POF. If you wanna take a risk then go ahead. Everyone of us is facing the same problem of holding the money for so long because we don't have any other option. It is recommended that you should keep the required funds in your a/c till you get visa.
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devilhimselff
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« Reply #9 on: July 07, 2011, 05:27:28 am »

By withdrawing money your case will become automatically suspicious. VO will get confirm that you have borrowed money from someone. You never know when CIC will enquire from your bank about POF. If you wanna take a risk then go ahead. Everyone of us is facing the same problem of holding the money for so long because we don't have any other option. It is recommended that you should keep the required funds in your a/c till you get visa.

+1 to above post.
Its always better to maintain funds. Irrespective of it being annoying.

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asyousuf
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Posts: 1233
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Category........: FSW1
LANDED..........: April 2011

« Reply #10 on: July 07, 2011, 05:50:00 am »

Hello

please let me know that for how much time we have to keep money in our account in order to show Funds proof like in case of two persons we have to show $13,837 in FSW category.

Plese reply asap.

Thanks
Better keep minimum funds in your account till u get visas. Show the account that u r regularly using for collection / deposit and payments and make sure that minimum amount is always there. VO can always ask u for updating the status and may require 3, 6 or 12 months statement. In case of any shortfalls, suspicions are inevitable.

In immigration process, dont take chances.
gud luk
asyousuf
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omm
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« Reply #11 on: July 07, 2011, 06:13:19 am »

There is nowhere written that someone maintain the fund till Visa or Landing. Just show amount at the time of varification and at the time of Landing.

Read Guide line carefully. It only asks to show POF .

As per other OP's it's just common sense to maintain your POF,, POF is must upto landing but you can use your money during process the risk is if VO asked you for latest POF and you don't have enough balance in your accounts or you fail to show enough fund than possible to get rejection at that point due-to lack of  POF (POF will asked by VO during your Case is "in-process to before medical", in some cases with medical and after medical, if VO called for interview at that point VO may ask for latest POF its depend on VO and applicants file process, the process described on CIC manual is the looks same for all of us but each applicants have own process within respected local VO, so do not compare your file process with others).

OMM
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ankit_20
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« Reply #12 on: July 07, 2011, 08:50:15 am »

I just got a PM, I am posting a part of it w/o to just let you know what is importance of holding on to funds till you get the visa stamped.

"this time they asked to send net-worth statements including bank statements for the last 12 months.just 2 months ago, I withdraw the money from the account and bought some golds .will the depletion of the money in the account lead me to the refusal of the PR?could you please  suggest me what to do! I feel so foolish for the unwanted withdrawal of the money from the account "
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imu
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Category........: FSW1

« Reply #13 on: July 07, 2011, 08:58:03 am »

 very informative
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devilhimselff
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« Reply #14 on: July 07, 2011, 10:27:46 am »

I just got a PM, I am posting a part of it w/o to just let you know what is importance of holding on to funds till you get the visa stamped.

"this time they asked to send net-worth statements including bank statements for the last 12 months.just 2 months ago, I withdraw the money from the account and bought some golds .will the depletion of the money in the account lead me to the refusal of the PR?could you please  suggest me what to do! I feel so foolish for the unwanted withdrawal of the money from the account "

Well the person can write an explanation letter and provide with Buying and Selling Receipt of the Gold. Corresponding to Money taken out and deposited back. No choice other than that I guess.
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