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olipearce1987

Hero Member
Feb 22, 2016
486
23
Hi All, when putting funds in EE profile, what do you put? e.g. but what rate do you convert it? i have put in slightly less than i have to ensure i dont put to much in. any advice or known facts?

cheers ,oli
 
You can put the exact minimum funds required or you can put 100 million dollars, it doesn't matter as long as you actually meet the required funds when submitting your eAPR.
 
DelPiero07 said:
You can put the exact minimum funds required or you can put 100 million dollars, it doesn't matter as long as you actually meet the required funds when submitting your eAPR.

Hello DelPiero
I had a question about Proof of funds as well. I am banking with Scotia and Tangerine and have funds divided between these 2 accounts. Have received a Bank Letter from Scotia but Tangerine is all online, so I am not getting a letter. Is it OK, if I show one letter from Scotia and a 6 month statement from Tangerine? Or should I move all the funds to Scotia and show everything in one account? (I am FSW Inland btw)

Thanks !!
 
logan_wins said:
Hello DelPiero
I had a question about Proof of funds as well. I am banking with Scotia and Tangerine and have funds divided between these 2 accounts. Have received a Bank Letter from Scotia but Tangerine is all online, so I am not getting a letter. Is it OK, if I show one letter from Scotia and a 6 month statement from Tangerine? Or should I move all the funds to Scotia and show everything in one account? (I am FSW Inland btw)

Thanks !!

The safest approach is to move them to your Scotia account (and provide proof where those funds are coming from). An applicant was rejected as he only provided e-bank statements (without bank letter) with no stamps from the bank.
 
DelPiero07 said:
The safest approach is to move them to your Scotia account (and provide proof where those funds are coming from). An applicant was rejected as he only provided e-bank statements (without bank letter) with no stamps from the bank.

Ok so in that case, I will move everything to Scotia and in my LOE - I can mention the transfer of funds right?
Thanks !