FUND???

[ihosam]

dears..
regarding proof of fund to CHC;London they need statement from Canadian Bank or any local bank from Saudi Arabia??
thanks a lot..

 

[qorax]

During the application stage the POF is from any bank, shares, debentures etc. You can provide your KSA [as well as home country's] bank statements. Any & many clubbed together.

 

[Ice Cube]

Ihosam,

Make sure that the amount of funds available to you must be stated in Canadian dollers, not local currency.

thanks
Ice cube

 

[ihosam]

dear ICeCube;
you are really genius..
if may account by Saudi currency they will refuse it?
or they will check the amount and convert it to Canadian Dollar??
my account is by local currency?? ???

 

[barsindoo]

Your account can be in local currency. CHC will do the conversion into Canadian funds for as at the time your IO/VO opens your file for assessment.

 

[ihosam]

OOOOOOOOOOOOFFFFFFFFFFFFFF
thanks barsindoo..... :-*
you let me happy for this news ;D
i was went to cry..

 

[jeby]

Yes Ihosam, Barsinto is correct. you can provide bank statement in your local currency. It will be converted by Immigration Office as per the exchange rate valid on the date. But to be on the saf side, you should provide enogh fund..

all the best.

Jeby

 

[ok1]

May we send the POF along with the application being sent to CIC at the initial phase?

 

[rocky272727]

May we send the POF along with the application being sent to CIC at the initial phase?

No. Only send what is mentioned in the checklist and what is being asked.

 

[Ice Cube]

Ihosam,

I guess your POF in local currency be alright according to seniors here. However, I was asked to provide a POF in CAD due to exchange rates fluctuations.

Go for whatever it works for you the best!

Ice cube

 

[arashtdii]

Hi,
The question is about the 6-month bank account statement to be provided as part of the full docs to VO.
As instructed by CIC:
"If you have RECENTLY deposited a LARGE amount of money into your bank account, you must clearly explain the provenance of these funds."

The question is what do they mean by "RECENTLY" and "LARGE amount"?
"Recently" means how many days before the date of the account statement?
How much is considered a large amount?
Is an amount of $12,000 made about 5 months before the statement date considered both RECENT and LARGE?

Thanks,

 

[me2land]

Hi,
The question is about the 6-month bank account statement to be provided as part of the full docs to VO.
As instructed by CIC:
"If you have RECENTLY deposited a LARGE amount of money into your bank account, you must clearly explain the provenance of these funds."

The question is what do they mean by "RECENTLY" and "LARGE amount"?
"Recently" means how many days before the date of the account statement?
How much is considered a large amount?
Is an amount of $12,000 made about 5 months before the statement date considered both RECENT and LARGE?

Thanks,

Your bank can give you a letter that states the average balance for the last six months. If the average balance is lower than the minimum required and you just made a deposit in your most recent statement that bump your balance to qualifying level that might be considered large amount and will need explanation.