Proof of Funds while Landing at the Port of Entry.

[mountain]

Dear all,
Can anyone suggest me about the ‘Proof of funds' while landing at the first port of entry? We are a family of four and I will be the first person to land in Edmonton in April while the rest will follow in July. Is it possible to show the proof of funds for all the family members when I first land in April and they will not be showing any money  in July? Or they still have to show the money in July too?

Thanks,

Mountain.

[PMM]

Hi

Dear all,
Can anyone suggest me about the ‘Proof of funds' while landing at the first port of entry? We are a family of four and I will be the first person to land in Edmonton in April while the rest will follow in July. Is it possible to show the proof of funds for all the family members when I first land in April and they will not be showing any money  in July? Or they still have to show the money in July too?

Thanks,

Mountain.

If you are the principal applicant and landing first, you must show proof of funds for the total family at the time of your landing.

PMM

[trick-r-treat]

So, if you close out your accounts before you leave your country, and all you have is the cash on you, is that proof enough?

[craig53]

Read carefully the requirements on bringing large sums of money into Canada-- yeah you can bring the "cash" but there are procedures to follow-- I would imagine pmm can fill you in on the details. Good luck

[PMM]

Hi

Read carefully the requirements on bringing large sums of money into Canada-- yeah you can bring the "cash" but there are procedures to follow-- I would imagine pmm can fill you in on the details. Good luck

You have to declare to Canada Customs any amounts over 10K in monetary instruments, cash, travellers cheques, bonds, but not gold.
It is no big deal, but make sure you declare it as you risk losing the money or paying a fine.  CBSA really worries about money laundering.
For large amounts, it is much better to have a bank, such as HSBC transfer the funds to a Canadian account.

PMM

[mountain]

Dear PMM,

It means that my family will not again have to show the proof of funds  if I show the required amount as the proof of funds when I first land as the principle applicant. They can just fly in with just a few hundreds CAD $ as pocket money, right?

Your opinions in this regard will be highly appreciated.

Thanks.

Mountain

[PMM]

Hi

Dear PMM,

It means that my family will not again have to show the proof of funds  if I show the required amount as the proof of funds when I first land as the principle applicant. They can just fly in with just a few hundreds CAD $ as pocket money, right?

Your opinions in this regard will be highly appreciated.

Thanks.

Mountain

Yes,

PMM

[mountain]

PMM,
Thank you very much!

Mountain

[eceric01]

Hello everyone! Me and my wife will arrive at Vancouver next month I would like to know if I can show a bank certificate to prove my funds? How will the IO verify the bank certificate? Will s/he call the bank for verification.

I will really appreciate your help!!! Thanks!!!! 

[thaiguy]

What do you mean by "bank certificate?"

[Eduardo Picazo]

Hello everyone! Me and my wife will arrive at Vancouver next month I would like to know if I can show a bank certificate to prove my funds? How will the IO verify the bank certificate? Will s/he call the bank for verification.

I will really appreciate your help!!! Thanks!!!! 

Hi eceric01

I guess you meant to say "Certified Cheque" or Bank Draft in USD or CAD Dollar issued at your name right? if it is I don't think it could be a problem; but make sure to declare it to the Customs due that it probably will be over than  $10,000 CAD/USD you may also use traveller cheques, they are very safety.

Regards
Eduardo

[choizzy]

Hello everyone! Me and my wife will arrive at Vancouver next month I would like to know if I can show a bank certificate to prove my funds? How will the IO verify the bank certificate? Will s/he call the bank for verification.

I will really appreciate your help!!! Thanks!!!! 

Hi eceric01,

Is it what you mean with bank certificate is the one issued from the bank in your country and the bank certificate you showed as your proof of funds in your application? Pls clarify... Advisable as a proof of funds-certified check, bank draft and traveller checks. Bank draft is acceptable/deposited any bank here in Canada, but there is a clearing period of 1 month.

Hope this help..