Nayma
Star Member
Posts: 61
Ratings: +7
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« Reply #240 on: July 21, 2011, 10:11:50 am » |
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Hi qorax, my parents are dead long back, i sold 1 property and keep the money in my savings A/C, the amount is just slightly more then the POF requirement. my question is can savings A/C serves the purpose of POF or i have to put it in a different format like FD, current A/C...etc. Please advise me in this regard as i am going to apply early September.
Nayma.
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omm
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« Reply #241 on: July 21, 2011, 11:30:48 am » |
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@ Nayma: Savings account(s) also count for POF, dontworry!!! do not transfer fund in another account or FD. it's accepted.
I have also 3 savings (2 in USA , 1 SBI India NRI-NRE NRO) accounts with total amount is more than POF required, all accepted.
OMM
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mayankpandya
VIP Member
Posts: 3714
Ratings: +434
Category........: FSW1
Visa Office......: New Delhi
NOC Code......: 3131
App. Filed.......: 10-02-2011.
Doc's Request.: PER on 24- MAR- 2011.
AOR Received.: 20-APRIL-2011
File Transfer...: In-Process on 30 May 2011
Med's Request: 14 July 2011
Med's Done....: 22 July 2011
Passport Req..: 14 -Jul- 2011 Passport send on 26-Jul-11
VISA ISSUED...: 29-AUG-11
LANDED..........: 16-OCT-11
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« Reply #242 on: July 21, 2011, 11:59:24 am » |
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Dear Qorax,
I want to know that if one get VISA and open bank account in Scotia bank ( in India ) .
Is it ok to show bank statement of Scotia bank at arrival ? Does one can use funds showed at the time of application ( POF at the time of application ) to open account in scotia bank ?
Regards
Mayank
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omm
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« Reply #243 on: July 21, 2011, 12:22:25 pm » |
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Mayank, you can show Scotia Bank account at POE as POF. do not compare what you submitted at application time. for example if you submitted your Indian bank statement & in future you will not open account in scotia bank than you will enter with Cash , Demand Draft or using travellers cheque (becasue indian bank statement not accepted).
But you open bank account with scotia bank once you clear your medical and get statement when you plan for landing.
I am sure that its accepted no problem at all @ landing time.
OMM
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Guru7
Star Member
Posts: 86
Ratings: +5
Category........: FSW1
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« Reply #244 on: July 21, 2011, 12:37:09 pm » |
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Great effort thanks qorax
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Go confidently in the direction of your dreams. Live the life you have imagined.
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Nayma
Star Member
Posts: 61
Ratings: +7
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« Reply #245 on: July 22, 2011, 04:15:25 am » |
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@ Nayma: Savings account(s) also count for POF, dontworry!!! do not transfer fund in another account or FD. it's accepted.
I have also 3 savings (2 in USA , 1 SBI India NRI-NRE NRO) accounts with total amount is more than POF required, all accepted.
OMM
Thanks OMM, you ease off my pressure indeed. Nayma. |
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CADA
Member
Posts: 15
Ratings: +1
Category........: FSW1
Visa Office......: Buffalo
NOC Code......: 3152
App. Filed.......: 01-10-2010
AOR Received.: 02-02-2011
Med's Request: waiting..
LANDED..........: Currently in Toronto
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« Reply #246 on: July 22, 2011, 04:26:10 pm » |
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Please please please Mr.Qorax I sincerely need your advice...
I know i asked this before and some members of the forum we're kind enough to give me reassuring advice but pls just for peace of mind i need to hear it from you.I am currently in canada with a work permit my job is not related to my NOC and that's why the CIO didn't give me points for arrange employment.They just gave me points for adaptability.Now my question is will my VO ask for proof of funds even if i have a permanent job here in Canada.In my GCMS i noted this.
Offer of Employment in Canada Approved by HRSDC:YES[b][/b]
Please advice.
Jo/Cada
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qorax
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« Reply #247 on: July 22, 2011, 06:55:50 pm » |
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Please please please Mr.Qorax I sincerely need your advice...
I know i asked this before and some members of the forum we're kind enough to give me reassuring advice but pls just for peace of mind i need to hear it from you.I am currently in canada with a work permit my job is not related to my NOC and that's why the CIO didn't give me points for arrange employment.They just gave me points for adaptability.Now my question is will my VO ask for proof of funds even if i have a permanent job here in Canada.In my GCMS i noted this.
Offer of Employment in Canada Approved by HRSDC:YES[b][/b]
Please advice.
Jo/Cada
U'll not be required to show your Settlement Funds.However, while 'landing' - either by flag-polling, or CIC Office, or Exit/Entry, pls remember to 'carry' your AEO, or Employment Contract, Pay stubs etc... to prove that u have a job here. Relax! Qorax |
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CADA
Member
Posts: 15
Ratings: +1
Category........: FSW1
Visa Office......: Buffalo
NOC Code......: 3152
App. Filed.......: 01-10-2010
AOR Received.: 02-02-2011
Med's Request: waiting..
LANDED..........: Currently in Toronto
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« Reply #248 on: July 22, 2011, 08:17:31 pm » |
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U'll not be required to show your Settlement Funds.
However, while 'landing' - either by flag-polling, or CIC Office, or Exit/Entry, pls remember to 'carry' your AEO, or Employment Contract, Pay stubs etc... to prove that u have a job here.
Relax!
Qorax
Thank you so much Qorax, That made my day..now i can relax and stop worrying about this stuff. Thank you Cada |
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sukhveersingh
Member
Posts: 18
Ratings: +0
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« Reply #249 on: July 23, 2011, 05:04:09 am » |
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Hi Qorax, My application current status is "InProcess". I have submitted my complete docs in July 2010, my query here is doe i need to keep my balance in bank account intact for complete process time or i can withdraw  . As its been 1 year keeping balance in saving account without any interest and keeping all others plan on hold...god knows when this adventure of PR will end....  |
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qorax
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« Reply #250 on: July 23, 2011, 10:48:15 am » |
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Hi Qorax, My application current status is "InProcess". I have submitted my complete docs in July 2010, my query here is doe i need to keep my balance in bank account intact for complete process time or i can withdraw . As its been 1 year keeping balance in saving account without any interest and keeping all others plan on hold...god knows when this adventure of PR will end.... U can perform regular transactions from that a/c... but maintain @ least 60-70% of the required funds on quarterly basis. And as u near the meds - do not touch it anymore. Qorax |
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brown_eyes
Full Member
Posts: 37
Ratings: +0
Category........: FSW1
Visa Office......: Manila
NOC Code......: 1122
Pre-Assessed..: Yes
App. Filed.......: July 20, 2011
Doc's Request.: received by Mike at CIO July 26,2011
Nomination.....: N/A
AOR Received.: waiting
IELTS Request: 8 band score Sent wd docs
LANDED..........: 2012 hopefully
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« Reply #251 on: August 01, 2011, 12:55:15 am » |
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U can perform regular transactions from that a/c... but maintain @ least 60-70% of the required funds on quarterly basis. And as u near the meds - do not touch it anymore.
Qorax
Qorax, you mean to say, the 6 months prior proof of funds (bank statement) starts when you get the notice for medicals and not the date of filing at CIO? So, the time while waiting for your medical, you can still make transactions on your settlement accounts? Do I understand this correctly? Thanks. |
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Canada, here we come!
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qorax
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« Reply #252 on: August 01, 2011, 12:44:35 pm » |
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Qorax,
you mean to say, the 6 months prior proof of funds (bank statement) starts when you get the notice for medicals and not the date of filing at CIO? So, the time while waiting for your medical, you can still make transactions on your settlement accounts? Do I understand this correctly? Thanks.
Yes. But it could be 6-12 months. Qorax |
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hfcanada
Full Member
Posts: 32
Ratings: +1
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« Reply #253 on: August 06, 2011, 06:42:26 am » |
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Hi Quorax,
You are doing great work at this forum . Thanks a lot for the information provided :-)
i am planning to land somewhere in next month Could you please let me know if i can open a bank account with Scotia back and keep the desired funds will this bank statement be accepted at port of entry ? or do you suggest to take travellers checqe and some cash? and also please let me know how many days will it take to encash the T.C?
Thanks a lot,
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qorax
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« Reply #254 on: August 06, 2011, 07:22:47 am » |
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Hi Quorax,
You are doing great work at this forum . Thanks a lot for the information provided :-)
i am planning to land somewhere in next month Could you please let me know if i can open a bank account with Scotia back and keep the desired funds will this bank statement be accepted at port of entry ? or do you suggest to take travellers checqe and some cash? and also please let me know how many days will it take to encash the T.C?
Thanks a lot,
Yes, if u pre-open a Scotiabank a/c from your homeland -- their statement is enough to satisfy the BSO @ A/port. TCs could be encashed on-the-spot... but they accrue dual charges usually @ both ends. Bank Draft is a better/wiser/"safer" option, however u should be prepared for the wait times & have some ready 'cash'. They could take around 7-10 days [though mine always get credited with 48 hrs.]. Qorax |
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Immigration Forum
