URGENT: Regarding new POF requirement 2024

[priyankabhalla]

Hello,
I am an express entry applicant. Following are my details
ITA received - 14th Feb 2024
AOR- 6th April 2024
Awaiting an update on my application since then.

As per new IRCC POF requirements, we need to show 14690CAD in our funds, however while submitting the application, I showed 14100CAD (which was more than required at that point and I showed all my savings). Will I need to update my account to meet the new requirement?
If yes, isn't it unfair because I planned my expenses and savings accordingly.

This is extremely urgent, can someone help me with this. I'm worried

 

[Naturgrl]

Hello,
I am an express entry applicant. Following are my details
ITA received - 14th Feb 2024
AOR- 6th April 2024
Awaiting an update on my application since then.

As per new IRCC POF requirements, we need to show 14690CAD in our funds, however while submitting the application, I showed 14100CAD (which was more than required at that point and I showed all my savings). Will I need to update my account to meet the new requirement?
If yes, isn't it unfair because I planned my expenses and savings accordingly.

This is extremely urgent, can someone help me with this. I'm worried

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html

If you had just read the rules then you would know what the requirements are.

 

[CanGoldDigger]

Yep, you'd better update it. You need to have a valid amount of funds during the whole application process up to your arrival to Canada.

 

[priyankabhalla]

Yep, you'd better update it. You need to have a valid amount of funds during the whole application process up to your arrival to Canada.

But the requirement at the time when I submitted my application was different. I have got no intimation from IRCC to update my bank statement, shall I wait for them to ask me for the same or shall I add the remaining funds, take out a new statement and send them the new one on my via Webform without them having to ask

 

[priyankabhalla]

https://www.canada.ca/en/immigration-refugees-citizenship/services/immigrate-canada/express-entry/documents/proof-funds.html

If you had just read the rules then you would know what the requirements are.

I know what the requirements are..perhaps my question wasn't very clear.
I was meeting the requirements for POF at the time when I submitted my application. Now the requirement has changed and I want to know what needs to be done..
I heard others say that once the application gets submitted, it gets locked in and the new rules won't be be applicable for me
Others are saying that I should add the remaining funds according to the new requirement and send it to IRCC but they haven't even asked me to update my bank statement yet.

So I am just comfused

 

[Naturgrl]

I know what the requirements are..perhaps my question wasn't very clear.
I was meeting the requirements for POF at the time when I submitted my application. Now the requirement has changed and I want to know what needs to be done..
I heard others say that once the application gets submitted, it gets locked in and the new rules won't be be applicable for me
Others are saying that I should add the remaining funds according to the new requirement and send it to IRCC but they haven't even asked me to update my bank statement yet.

So I am just comfused

You should be locked in with AOR. If you are asked to show the additional $500 then IRCC should ask you.

 

[CNP]

I know what the requirements are..perhaps my question wasn't very clear.
I was meeting the requirements for POF at the time when I submitted my application. Now the requirement has changed and I want to know what needs to be done..
I heard others say that once the application gets submitted, it gets locked in and the new rules won't be be applicable for me
Others are saying that I should add the remaining funds according to the new requirement and send it to IRCC but they haven't even asked me to update my bank statement yet.

So I am just comfused

The updated POF requirement doesnt impact already submitted application

 

[priyankabhalla]

You should be locked in with AOR. If you are asked to show the additional $500 then IRCC should ask you.

Oh Thank God. That's all I wanted to know. Big relief, thank you so much

 

[priyankabhalla]

The updated POF requirement doesnt impact already submitted application

Thank you so much for clarifying. Feeling relieved