Dear Friends,
Greetings.
So I have submitted my profile after receiving ITA. @mandiebraxton @rajkamalmohanram @Canada gorge
I have also submitted my bank statement and proof of funds. I have also paid the fees for two members.
As per the requirements, a family of two must show 15,772 CAD. I have shown 15,900.
My question is, how do the visa officers determine exchange rate to convert the funds. My funds are in Pakistani Rupees. In my bank statement, my balance is rupees 1,903,212.85. When this balance is divided by CAD to PKR conversion rate (119.50 PKR = 1 CAD) on GOOGLE as on 27 Oct 2019, my funds in CAD equal to 15,926 Canadian Dollars.
Majority of the applicants of Express Entry are middle class people like me who work really hard to save each dime and penny. We go to the greatest extent to keep our documents as upright and complete as possible. Also, since the world economy is changing everyday, the exchange rates also fluctuate, resultantly. If the exchange rate fluctuates on upside, our balance decreases after conversion, but if our exchange rate fluctuates on the downside, our balance in CAD increases.
Basically, I am puzzled how does the visa officer determine exchange rates to convert our local currencies in to CAD ?
I shall be highly thankful if you guide whether a visa officer rejects an application because of exchange rate fluctuation or do they use a realistic humanly approach ?
Best regards,
Spider28
Greetings.
So I have submitted my profile after receiving ITA. @mandiebraxton @rajkamalmohanram @Canada gorge
I have also submitted my bank statement and proof of funds. I have also paid the fees for two members.
As per the requirements, a family of two must show 15,772 CAD. I have shown 15,900.
My question is, how do the visa officers determine exchange rate to convert the funds. My funds are in Pakistani Rupees. In my bank statement, my balance is rupees 1,903,212.85. When this balance is divided by CAD to PKR conversion rate (119.50 PKR = 1 CAD) on GOOGLE as on 27 Oct 2019, my funds in CAD equal to 15,926 Canadian Dollars.
Majority of the applicants of Express Entry are middle class people like me who work really hard to save each dime and penny. We go to the greatest extent to keep our documents as upright and complete as possible. Also, since the world economy is changing everyday, the exchange rates also fluctuate, resultantly. If the exchange rate fluctuates on upside, our balance decreases after conversion, but if our exchange rate fluctuates on the downside, our balance in CAD increases.
Basically, I am puzzled how does the visa officer determine exchange rates to convert our local currencies in to CAD ?
I shall be highly thankful if you guide whether a visa officer rejects an application because of exchange rate fluctuation or do they use a realistic humanly approach ?
Best regards,
Spider28
