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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Question to be answered!
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Author Topic: Question to be answered!  (Read 271 times)
pisces85
Full Member
***

Posts: 33
Ratings: +1
Category........: FSW1
Visa Office......: Berlin
App. Filed.......: March 2007
Doc's Request.: July 2009
AOR Received.: July 2007
Med's Request: April 2011/Nov 2011(Spouse)
Med's Done....: May 2011/Nov 2011(Spouse)
Passport Req..: June 2011/Dec 2011
VISA ISSUED...: Jan 2012
LANDED..........: 8th Feb 2012
« on: December 08, 2011, 10:26:43 am »
In PPR letter VO has asked me for Proof of funds(POF). according to letter "funds should be transferable and convertible currency for settlement in Canada
Funds should be in applicants bank account in a known financial institution in western Europe and north America

current bank slip or
evidence of savings balance or
fixed or time deposit statements"


Please tell how much amount is needed for a couple and should it be in Can dollar?
US dollar can be used instead?

Please guide in this regards

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wilson
VIP Member
*******

Posts: 3405
Ratings: +215
« Reply #1 on: December 08, 2011, 10:41:14 am »
Minimum CAD - 13,837  or  above as much as possible for settlement.

US dollar equivalent to that day's exchange rate conversion,  or more.
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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
pisces85
Full Member
***

Posts: 33
Ratings: +1
Category........: FSW1
Visa Office......: Berlin
App. Filed.......: March 2007
Doc's Request.: July 2009
AOR Received.: July 2007
Med's Request: April 2011/Nov 2011(Spouse)
Med's Done....: May 2011/Nov 2011(Spouse)
Passport Req..: June 2011/Dec 2011
VISA ISSUED...: Jan 2012
LANDED..........: 8th Feb 2012
« Reply #2 on: December 08, 2011, 10:50:50 am »
Bank draft is needed in either currency?
or something else as proof of funds?
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wilson
VIP Member
*******

Posts: 3405
Ratings: +215
« Reply #3 on: December 08, 2011, 11:02:06 am »
Quote from: pisces85 on December 08, 2011, 10:50:50 am
Bank draft is needed in either currency?
or something else as proof of funds?
Updated  Proof of funds when asked is to be submitted to visa office  as required : "current bank slip or
evidence of savings balance or fixed or time deposit statements" accordingly.

Bank draft, TC or Cash is POF while landing after issuance of PR visa.
Logged
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
pisces85
Full Member
***

Posts: 33
Ratings: +1
Category........: FSW1
Visa Office......: Berlin
App. Filed.......: March 2007
Doc's Request.: July 2009
AOR Received.: July 2007
Med's Request: April 2011/Nov 2011(Spouse)
Med's Done....: May 2011/Nov 2011(Spouse)
Passport Req..: June 2011/Dec 2011
VISA ISSUED...: Jan 2012
LANDED..........: 8th Feb 2012
« Reply #4 on: December 08, 2011, 11:30:24 am »
I have foreign currency account in my country. I dont know if it has got branches in Europe,

will it be Ok to send bank its slip to VO? or have i to open account in a bank having branches in Europe etc?
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wilson
VIP Member
*******

Posts: 3405
Ratings: +215
« Reply #5 on: December 08, 2011, 11:51:00 am »
If your account is in a  government recognized bank or financial institution in your country,  that would be fine. No need to open a new account  as mentioned.
Logged
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
pisces85
Full Member
***

Posts: 33
Ratings: +1
Category........: FSW1
Visa Office......: Berlin
App. Filed.......: March 2007
Doc's Request.: July 2009
AOR Received.: July 2007
Med's Request: April 2011/Nov 2011(Spouse)
Med's Done....: May 2011/Nov 2011(Spouse)
Passport Req..: June 2011/Dec 2011
VISA ISSUED...: Jan 2012
LANDED..........: 8th Feb 2012
« Reply #6 on: December 08, 2011, 11:32:33 pm »
Really thxs man.
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jnathan
VIP Member
*******

Posts: 4082
Ratings: +123
Category........: FSW1
Visa Office......: Sheng Chiu
App. Filed.......: 21st Jan 2010
Doc's Request.: 10th March 2010
AOR Received.: 10th June 2010
IELTS Request: provided
File Transfer...: IN PROCESS: 12th October, 2010
Med's Request: Withdrawal Request sent....Was waiting for files to return....instead of returning the files, VO sent the MR !!
« Reply #7 on: December 09, 2011, 11:38:09 am »
I'd advice you to show more than $40,000 to be in the safe side.
With weaker EURO in EU and fragile economy in Canada, VO's are not comfortable with the said amount as listen in CIC's site
Logged
Category..FSW1 
CHC..Sheng Chiu        
App Sent to CIO..17 Jan 2010
Received CIO..21 Jan 2010 
AOR from CIO..10 Mar 2010
Full Docs Recvd by CHC..26 May 2010
AOR from CHC..10th Jun, 2010
IN Procss: Oct 12,
Withdrawal Request: Mar,2012
MR:May 2
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Canada Immigration Forum > Immigration Topics > Skilled Worker / Professional Immigration > Topic: Question to be answered!
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