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TyrusX

Champion Member
Feb 8, 2012
1,300
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Category........
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Buffalo
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App. Filed.......
19-01-2012
Doc's Request.
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http://www.google.com/hostednews/afp/article/ALeqM5gWxGbYxcCqytRvSERc4gL58EULpw?docId=CNG.712bac5a2e36c5ab3750c50d4058c01b.441&index=0
 

dj2009

Full Member
Mar 1, 2012
40
4
I received an email this morning from OttPilot asking for proof of funds. I am given 30 days to provide the letter.
 

JBR

Full Member
Jul 7, 2010
33
0
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.
 
B

BakerMan

Guest
JBR said:
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.
Hi JBR,
I am so sorry to hear that. I think you have the option to appeal for that decision. I hope it will work for you. Do you mind if I ask when you submitted your Banks statement ? Did you have $13800 whole 6 months ?
 

mik11

Newbie
Jul 22, 2012
9
0
JBR said:
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.
wow, I have showed all my money (around 20K) in TSFA(Tax free saving account), Does it mean I will get rejection too? Should I transfer it to regular saving?
 

ASG

Star Member
Aug 18, 2011
168
28
Canada
Job Offer........
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JBR said:
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.
Seriously you need to appeal.
They should have told you earlier, or even asked you to provide more info since they didn't take that as proof of funds. You're pretty much 300 dollars short when they don't take the certificate, and how could you have known that this wouldn't work as proof of funds?????

Don't let this go.


Seems to me that when they opened this stream, they simply didn't know how to treat it, and that right now, they're looking for ANY reason to reject people.
 

dj2009

Full Member
Mar 1, 2012
40
4
JBR said:
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.
I agree with other folks too. You should appeal. It is totally unreasonable!
 

TyrusX

Champion Member
Feb 8, 2012
1,300
63
Category........
Visa Office......
Buffalo
Job Offer........
Pre-Assessed..
App. Filed.......
19-01-2012
Doc's Request.
sent with application
AOR Received.
First: -03-2012
IELTS Request
sent with application
JBR said:
I got the rejection letter today for lack of funds. For two people I had to show $13800 and I had showed $15000. Unfortunately $1500 of that amount I showed is in the form of guaranteed investment certificate from canadian bank and the officer has informed me that they wont take this amount into consideration even though it is my own money. I dont know what to do.

wow. This is so ridiculous I am totally appalled. Can't you cash that money immediately and send an appeal to them? If I was in your situation I would really consider getting a lawyer.
 

dj2009

Full Member
Mar 1, 2012
40
4
dj2009 said:
I received an email this morning from OttPilot asking for proof of funds. I am given 30 days to provide the letter.
Is it enough if I just provide a bank statement showing my current balance plus the 6-month bank history? Or do I need to provide fund letter from my institution too? How about a cover letter explaining about the income and so on?

I would be happy to hear your advice and suggestion.
 

JBR

Full Member
Jul 7, 2010
33
0
Thank you guys. I have asked for ways I can appeal or amend this situation. Personally this is really really unreasonable. Why should I not invest some of my money (in canadian banks!) to get interest?!?! why the heck are they expecting students to hold all money in checking account and nothing else?!!?
 

sarsanballa

Star Member
Mar 6, 2012
149
19
Ontario, Canada
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dj2009 said:
Is it enough if I just provide a bank statement showing my current balance plus the 6-month bank history? Or do I need to provide fund letter from my institution too? How about a cover letter explaining about the income and so on?

I would be happy to hear your advice and suggestion.
The bank statement showing your current balance as well as the past six-month banking activitiy history should be enough.
 

YNS

Member
Mar 22, 2012
14
0
JBR said:
Thank you guys. I have asked for ways I can appeal or amend this situation. Personally this is really really unreasonable. Why should I not invest some of my money (in canadian banks!) to get interest?!?! why the heck are they expecting students to hold all money in checking account and nothing else?!!?
I'm so sorry to hear that JBR. Do you have your money in a saving account or it is a different kind of investment?
 

utopie

Hero Member
Dec 14, 2011
208
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Calgary
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JBR said:
Thank you guys. I have asked for ways I can appeal or amend this situation. Personally this is really really unreasonable. Why should I not invest some of my money (in canadian banks!) to get interest?!?! why the heck are they expecting students to hold all money in checking account and nothing else?!!?
JBR you should probably consult an immigration lawyer. Do not let this go: this is beyond ridiculous! Stories like you make me lose hope with my case :( No chance it will work for me
 

Luigiovemma

Star Member
Mar 21, 2012
92
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2131
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mik11 said:
wow, I have showed all my money (around 20K) in TSFA(Tax free saving account), Does it mean I will get rejection too? Should I transfer it to regular saving?
I have all my money in a TFSA too...I thought TFSA is different than other investment account since you can withdraw the cash at any time.
 

JBR

Full Member
Jul 7, 2010
33
0
Looks like I cannot appeal. I got the reply now that investments are not transferable and hence cannot be counted as proof of funds. They are asking me to submit a new application. I am in no mood to go through this again. Good luck guys!