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Moving funds to Canadian Bank Account for visa process (good idea?)

JessBrown

Member
Apr 20, 2023
10
2
Hi there,

I'm trying to show proof of funds for my student application (I have over 10,000 for living expenses I want to set aside) and I was wondering if it would be benefital to transfer them into a Student Deposit Account: https://www.simplii.com/en/banking-simplii/join-simplii/student-deposit-account.html or is would it just be best to leave them as they are for now.

I want to show the funds will be used for living expenses... but I also dont want to screw anything up by moving it (and them think it's a lump sum).

Any personal experince stories re proof of funds would be appreciated.

Let me know what you think! :)