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For POF do I need to declare closed Canadian account used in past 6 months

steoneill

Full Member
Feb 28, 2017
23
18
I closed my Canadian bank account less than 6 months ago when I left the country, do I need to get a letter of my Canadian bank as well as my current bank detailing my records with them ? As I have used it in the past 6 months, and the account I now use was inactive while said Canadian account was in use so will have a long period of inactivity in my POF letter ??
 

Stanlee

VIP Member
Jan 29, 2016
4,100
595
steoneill said:
I closed my Canadian bank account less than 6 months ago when I left the country, do I need to get a letter of my Canadian bank as well as my current bank detailing my records with them ? As I have used it in the past 6 months, and the account I now use was inactive while said Canadian account was in use so will have a long period of inactivity in my POF letter ??
POF is only for active bank accounts. No need to get the letter for the closed bank account.
 

steoneill

Full Member
Feb 28, 2017
23
18
Ok thanks very much ! I was just worried because my current bank account's balance for a few months will quote as 0?