Hello, Related questions have probably already been discussed multiple times. Nevertheless, I couldn’t find answers to my specific questions concerning the proof of funds for Express Entry applicants. I’m planning to transfer all my money to a Canadian bank account, because I’m going to Canada on an IEC visa in April already while awaiting an ITA. Soctiabank for example offers deals for newcomers. They specifically advertise that an account with them can be used as proof of funds before you move: https://startright.scotiabank.com/newcomers.html On the other hand, CIC asks for the average balance of the past six month. If I transfer my money, let’s say, 1 month before I’m asked to provide a proof of funds, the 6-month average will only be 1/6 of the total balance. Therefore my question is: does the 6-month average balance need to exceed the minimum requirement of CIC or is only the current balance relevant to meet the minimum requirements? This also relates to the question whether you need to have the settlement funds at the time of application (or ITA) or are you required to have the funds 6 months prior already so that your 6-month average balance surpasses the minimum amount listed by CIC? My next question relates to the landing procedure. If you bring more than CAN$10,000 to the country, you are obligated to declare the exact amount to the border officer. However, is this also true, if you transferred your money in advance to a Canadian bank account (because in this case, the money already is in Canada and therefore is not with you at the time of landing)? What about the money that is left in your foreign (non-Canadian) bank account? Do you also have to declare that, because you can access it with your credit card and therefore “bring” it to Canada as well?