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POF urgent help needed

luisalbert

Star Member
May 28, 2017
81
10
sri lanka
I am yet to apply and I will submit my application in July as my IQAS will be ready by then. But I have one credit card with the limit of USD 10,000 with the same bank where my POF account is. It is has to be shown for sure, but my POF are just enough for my family not 10,000 (ie credit card limit) in excess. My outstanding with the cc is just USD 2500 which I will clear. In my POF do I have to increase the amount by USD 10,000 even if my credit card outstanding is 0?
 

pramodsoori

Star Member
Jan 11, 2019
58
6
I am yet to apply and I will submit my application in July as my IQAS will be ready by then. But I have one credit card with the limit of USD 10,000 with the same bank where my POF account is. It is has to be shown for sure, but my POF are just enough for my family not 10,000 (ie credit card limit) in excess. My outstanding with the cc is just USD 2500 which I will clear. In my POF do I have to increase the amount by USD 10,000 even if my credit card outstanding is 0?

CIC will look only for the amount in POF account. No need to put excess to cover the Credit card limit ,anyways you are going to pay it.
 
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