Confused About Proof of Funds at Landing
- Thread starter TMSB
- Start date
Go through following threadTMSB said:
http://www.canadavisa.com/canada-immigration-discussion-board/proof-of-landing-funds-t39318.0.html
Ashraf
You're probably confused because people's experiences vary. Sometimes when you land, Officers will do a quick confirmation for proof of funds. Other times, Offices may choose - for many reasons, including the fact that they randomly need to confirm information to ensure it was accurately reported - to check it more in depth.
The way I think about it is ... you want to minimize headaches when you cross the border. You know that the intent of the proof of funds is to ensure you have sufficient cash on hand to support yourself. And, while you could wire the funds, it can take time to do so. Therefore, given the stakes and the possibility of a random in-depth screening, it is worth taking proof of funds that is straightforward for funds readily available in Canada. You need to balance out the risk of losing the funds so take them in an easily replaceable format. For example, you could take a cashiers check in your name if the issuing bank allows you to cancel it if it is lost or stolen and you can afford not to have the money available while they go through process should anything go wrong. Alternatively, open a bank account in Canada and wire at least part of the funds ahead of time and take a statement showing funds are already in Canada and readily available.
Like many other parts of this process, proof of funds is quite personal and you need to do what makes sense given you personal situation to prove that you have them while balancing your risk (while you could take a pile of cash and be very convincing, I think we'd all agree it's way too risky! ;D)
The way I think about it is ... you want to minimize headaches when you cross the border. You know that the intent of the proof of funds is to ensure you have sufficient cash on hand to support yourself. And, while you could wire the funds, it can take time to do so. Therefore, given the stakes and the possibility of a random in-depth screening, it is worth taking proof of funds that is straightforward for funds readily available in Canada. You need to balance out the risk of losing the funds so take them in an easily replaceable format. For example, you could take a cashiers check in your name if the issuing bank allows you to cancel it if it is lost or stolen and you can afford not to have the money available while they go through process should anything go wrong. Alternatively, open a bank account in Canada and wire at least part of the funds ahead of time and take a statement showing funds are already in Canada and readily available.
Like many other parts of this process, proof of funds is quite personal and you need to do what makes sense given you personal situation to prove that you have them while balancing your risk (while you could take a pile of cash and be very convincing, I think we'd all agree it's way too risky! ;D)