Post:
Hello everyone,
I hope some-one would be able to give their views about this. I had submitted my arranged employment documents along with Post graduate work permit and few days back I had received an email to submit 6 months transaction statements to show the settlement funds and having only 30 days for it. I have 2 questions here:
Does it mean settlement funds = whatever I have deducted credit card debt or it has nothing to do with the credit card expenses.
Moreover, since I came to know about this after receiving PER so I was not ready for it, if I make all the transactions now in one account from different sources within 15 days , will it going to effect the visa officer decision?
It will not be a concern as long as you are providing enough documentary proofs that you have not borrowed that money from some one or some institution and that the source of income is legal. You can provide below-mentioned proofs along with receipt of sale to substantiate your claim of having enough settlement fund lying with you.
Reply:
1. If your close relatives (blood relation only) have transferred money to your account, you can submit notarized copies of Gift Deeds signed by your blood relatives claiming that they are giving that money to you as gift and will not be claiming it at a later date.
2. If you have sold off your gold, you need to provide receipt of sale from jewellery shops which will prove that you held gold and have now sold it off to arrange for money and it was in your name only.
3. If you have transferred money from any of your foreign bank accounts, you need to attach statement of that account as well proving that you had that cash with you and that the cash is post tax cash only and not some stashed away black money.
Do attach a detailed cover note on top of it explaining about the situation. In case VO will have any doubts on the source of funds, you might be asked for further explanation but I personally don't think it will have any adverse impact on your visa processing.
Question:
A big chunk of it was a hand over foreign currency, it was a gift from my brother quite a long ago, some of it is emergency cash handed over to me by my mom when she was leaving for back home from Canada, I can still show the receipt for solf off gold, but how am I suppose to proof the rest of the two?
