Please Help : In regards to Proof of Funds

[mirinda]

Guys,

please help!
I've read many topics here but still couldn't find answer to this simple question:

I have my savings in cash due to really unstable situation in my country (Russia) these days. Any bank can easily go bankrupt.
So I don't have any documents proving the source of money. Recently I simply deposited those money to the Bank.
Now I got ITA.
If I provide 6 months statement, there will be big amount suddenly arising 2 months ago.
Is it ok?
Can I provide an explanation that I was keeping all money in cash?

Thanks a lot!

 

[nick.rwth]

This sounds good.
Just get official letter from the bank, best if in English

 

[tanvirhashem]

Can investment in Shares be treated as Pof??

CIC says in its website that:

How much money should you bring?
It is a good idea to research how much it costs to live in the place where you plan to settle in Canada.

Bring as much money as you can to make moving and finding a home in Canada easier. Note, however, that Canadian customs regulations require you to declare if you are bringing more than C$10,000 into Canada. If you do not tell them, you may be fined or put in prison. These funds could be in the form of:

cash
documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.) or
documents that guarantee payment of a set amount of money, which are payable to you (such as bankers’ drafts, cheques, travellers’ cheques or money orders)

Looking for your prudent opinion??
TIA

 

[nick.rwth]

Can investment in Shares be treated as Pof??

CIC says in its website that:

How much money should you bring?
It is a good idea to research how much it costs to live in the place where you plan to settle in Canada.

Bring as much money as you can to make moving and finding a home in Canada easier. Note, however, that Canadian customs regulations require you to declare if you are bringing more than C$10,000 into Canada. If you do not tell them, you may be fined or put in prison. These funds could be in the form of:

cash
documents that show property or capital payable to you (such as stocks, bonds, debentures, treasury bills, etc.) or
documents that guarantee payment of a set amount of money, which are payable to you (such as bankers' drafts, cheques, travellers' cheques or money orders)

Looking for your prudent opinion??
TIA

Are they international?

 

[nymphche]

If i am currently working here in canada do i stilk have to show to them a proof of fund ? I included my husnabd and child on my express entry profile.thanks.

 

[Ram_29]

As advised within the forum, if I can get it documented that it is a gift from my dad, by getting it on a notarised stamp paper saying that dad is gifting the funds out of love and I don't have to return him back
Do it as soon as possible. After that make an FD of the amount for 6 months.
It's more safe and acceptable by CIC

MY wife is a first applicant and i am as a spouse . Together we have required money in different account . Will CIC accept as a POF . or do i need to create joint account and FDR for or we can FDR separately whatever amount we have in our separate account then will show that money in CIC.

what do u suggest?
TIA