Maturity of proof of funds query

[Dream-mer]

Hi guys!

Does the required funds amount has to be maintained for a period of three or six months before filing the application or it does not matter if it reaches the required level a week before filing the application?

Hopefully getting an ITA in the next draw, I plan to reach the required amount by end of July followed by filing of the application in August. Would this be fine or should I opt out of ITAs at the moment and maintain my funds for a few months then accept an ITA, let's say in october when the required proof of funds amount will be three months mature in my account?

All the transfers in my account will be monthly salary transfers.

Thanks!

 

[DelPiero07]

There is no rule that you must maintain the funds for X number of months.

As long as there aren't any suspicious lump sum amounts in the past 6 months you're fine.

 

[Advisor_PK]

... And if a large lump sum does appears in your account a few weeks before the submission, you can make it look less suspicious by providing details about where the money came from. For example if you sold a car then give the proof of that and explain it in the LOE. If it was a gift then explain that in the LOE and give the proof

 

[Dream-mer]

There is no rule that you must maintain the funds for X number of months.

As long as there aren't any suspicious lump sum amounts in the past 6 months you're fine.

No matter if the credit transactions in the account slowly increased to reach the required POF target amount in the last month of the six month statement?

All transactions r my salary..so not suspicious.

 

[DelPiero07]

Yes, it doesn't matter. If you provide bank statements they will clearly see that you've been saving money from your salary.