Need guidance regarding Proof of funds.

[Fasih Khan]

I need guidance regarding POF. I have taken funds from my father and got them transferred to my bank account and the amount is in my bank for more than 6 months now. Do I need to show it as a gift deed when I get ITA or just a bank statement would suffice?

Kindly need guidance regarding this.

 

[AndyUK]

Since the funds have been in your account for over 6 months it should be fine.

There are two approaches to situations like this when it comes to your application:
1. Provide only what you're required to provide - it makes your application more straightforward to process but there's a possibility you may get an ADR.
2. Provide every possible document you think your case officer may ask for - chances of ADR are close to zero but it will take you longer to gather the documents and will make processing potentially a little bit longer as there will be more documents to go through.

I opted for option number 1 and everything was fine. Can't promise this will be the same in every case.

 

[sbali]

I need guidance regarding POF. I have taken funds from my father and got them transferred to my bank account and the amount is in my bank for more than 6 months now. Do I need to show it as a gift deed when I get ITA or just a bank statement would suffice?

Kindly need guidance regarding this.

A letter from your bank which should have current balance and balance after end of each month for last 6 months.

Preferably converted into current value Canadian dollars

 

[furrukhrao]

I need guidance regarding POF. I have taken funds from my father and got them transferred to my bank account and the amount is in my bank for more than 6 months now. Do I need to show it as a gift deed when I get ITA or just a bank statement would suffice?

Kindly need guidance regarding this.

You are fine nothing to do or worry about if worse they can ask for the source but that is rare.

 

[Fasih Khan]

Thank you for the guidance. One more thing I want to ask. Recently, there has been a lot of currency devaluation in my country. And I have added some money to maintain the minimum cut-off. Will this have any effect on the 6 months period, is this a big issue? Should I worry about it?

 

[sbali]

Thank you for the guidance. One more thing I want to ask. Recently, there has been a lot of currency devaluation in my country. And I have added some money to maintain the minimum cut-off. Will this have any effect on the 6 months period, is this a big issue? Should I worry about it?

It really should not, you don't need to worry