POF (moving funds between accounts)

[wazab]

Hello,

I had the required funds for a period even longer than the required 6 months. However, recently I moved most of the funds to a mutual account in the same bank. Now my saving account balance fell below the average required for 6 months. My new mutual fund account is relatively new of course. This new account also shows the same exact amount that was debited from the saving account. I am yet to apply for the Atlantic Immigration Pilot or the PNP programs and quite concerned what will be the case when it is time to provide a POF. Please let me know your expert advice on this.


Thanks

 

[IslamabadUnited]

Show the bank statement to prove that your funds were moved to another account.

 

[wazab]

Show the bank statement to prove that your funds were moved to another account.

I was thinking of this already but I was concerned that the CIC officer would insist on having funds in one account for 6 months.

 

[IslamabadUnited]

I don't think that's the case. Multiple accounts is fine

 

[hamgha]

I was thinking of this already but I was concerned that the CIC officer would insist on having funds in one account for 6 months.

Cic doesn't own you in that regards so stop being scared of them. Still your money and you're free to move it. What they care to make sure of is that the money is actually yours