bank account shrinks !

[Hasni]

Dear friends,
I had enough funds that i declared to CIC via bank certification letter, had to withdraw some as per my requirement and now my account is quite below the figure that i had declared to CIC. Should i again put the money back immediately and bring my account back to the previous figure or little higher, shall it be having a negative impact on my case ???

 

[zulkfal]

Hasni, Your visa office may ask you for POF with MR or PPR - VO's normally do, I had to submit it three times (With app, MR, and PPR) and showed it to immigration officer at landing. So, keep balance to min requirement, my account had some withdrawals and deposits every time I had to submit a new statement. Buffalo didn't raise any concern or issue or simply there will be no effect on your app if you maintained the min balance required.

 

[khuram225]

salam,

what is MR and PPR

regards

 

[carolwayne74]

MR - Medical Request

PPR - Passport Request

 

[mitali]

Dear friends,
I had enough funds that i declared to CIC via bank certification letter, had to withdraw some as per my requirement and now my account is quite below the figure that i had declared to CIC. Should i again put the money back immediately and bring my account back to the previous figure or little higher, shall it be having a negative impact on my case ???

As already mentioned, VO's generally request for POF again at MR and PPR stage. Since you have withdrawn a considerable amount from the POF...it is obvious that you will have to maintain the minimum to qualify for PR. Now, if there is a large deposit then that will be a red flag for the VO. But at the same time if you show proofs that the deposit made is all your money and not borrowed then you are safe.

Mitali

 

[Hasni]

@ zulkfal / mitali,
If my app is at RBVO / in process stage, how likely is it that at this stage CIC may verify my bank certification letter from my bank, and finding the account short of what declared, turn down the app??
Is it a normal practice for VO's to ask for POF with MR or PPR or there are certain VO's who stress more upon it, like i come under london VO, don't know whether how particulat london VO is about it.And do they ask for statements or bank certification letter !!Thanks

 

[zulkfal]

Hasni, verification can verify funds any time during processing of application. Asking for POF with MR is common practice but with PPR is rare. I was in Canada and provided them statements from Askari and Standard Chartered, i think therefore Buffalo asked for POF with PPR. Send you a PM.

 

[khuram225]

hi there,

do we have to furnish a six months bank statement or bank certification letter .

coz they r different.

coz may be i ll have to arrange the funds when my case is started, waiting since 2008. cant keep such a big amount in the bank for that long, but ofcourseonce the process is started , will have to keep in the account.

plz guide.

 

[zulkfal]

Khuram sent you a PM

 

[khuram225]

hi zulkfal ,

sorry i didnt get u,..... what is PM

regards

 

[zulkfal]

Private massage:

On the right top corner of forum web you will see links Home, Assessment, there is a link for inbox check that.

 

[Pippin]

do we have to furnish a six months bank statement or bank certification letter . coz they r different.

coz may be i ll have to arrange the funds when my case is started, waiting since 2008. cant keep such a big amount in the bank for that long, but ofcourseonce the process is started , will have to keep in the account.

I expect you would be required to give a bank statement showing a specific number of months as a bank certificate does not show the usual flow in and out of an account. It is just a snapshot of the account on a particular date. I am sure no one would expect funds of this size to be kept in a savings account for three years, but be prepared to show that the funds are yours and where they funds went from the savings account (into term deposits, savings bonds, money market funds).

 

[khuram225]

I expect you would be required to give a bank statement showing a specific number of months as a bank certificate does not show the usual flow in and out of an account. It is just a snapshot of the account on a particular date. I am sure no one would expect funds of this size to be kept in a savings account for three years, but be prepared to show that the funds are yours and where they funds went from the savings account (into term deposits, savings bonds, money market funds).

thankx Pippin,

a friend of mine who has got his passport after staminp last week did the same thing, he submitted the letter stating that this person has a bank a/c with us since 2002, and the current balance is so n so.
anyways that stage looks a bit far right now, m waiting since feb/2008, no responce at all, only the acknolegment that they received the money and sent me the file #, and nothing is showing in Ecase.

do u have any idea abt this.

regards

khuram.

 

[khuram225]

Dear friends,
I had enough funds that i declared to CIC via bank certification letter, had to withdraw some as per my requirement and now my account is quite below the figure that i had declared to CIC. Should i again put the money back immediately and bring my account back to the previous figure or little higher, shall it be having a negative impact on my case ???

i had a similar question, as u mention that u declared yr funds thru the bank certification letter and not the bank statement.

did CIC had any concern abt that.

regards

khuram

 

[JUNER2011]

As already mentioned, VO's generally request for POF again at MR and PPR stage. Since you have withdrawn a considerable amount from the POF...it is obvious that you will have to maintain the minimum to qualify for PR. Now, if there is a large deposit then that will be a red flag for the VO. But at the same time if you show proofs that the deposit made is all your money and not borrowed then you are safe.

Mitali

A way to work around this problem is that you can arrange the money and deposit in chunks over a period of time so that the balance can swell up again..
As regards verification of ur account balance...keep your fingers crossed that the VO doesnt check you when u have ur pants down !! ;D
Regards,
JUNER 2011