Proof of Funds on landing in Canada the first time as a PR

[skiffyz]

Hi,

I have been hearing that the Immigration Officer at the port of entry verifies the Proof of Fund. In this case, how should one carry the fund? If one carries more than CAD 10,000 it has to be declared - So, the whole cash can not be carried anyway.

Will a latest bank statement be sufficient from the immigrant's country of origin? Or does one have to show the fund physically available with him/her?

Also, RBC allows online accounts to be created. Has anyone tried doing it? What documents are required? If one manages to create an online account, will it be okay if one transfers the entire fund to the RBC account before landing in Canada?

Looking forward to your response!

 

[noscaf2014]

You don't need to carry any cash on you. A bank statement will suffice. Good Luck!

 

[DelPiero07]

Hi,

I have been hearing that the Immigration Officer at the port of entry verifies the Proof of Fund. In this case, how should one carry the fund? If one carries more than CAD 10,000 it has to be declared - So, the whole cash can not be carried anyway.

Will a latest bank statement be sufficient from the immigrant's country of origin? Or does one have to show the fund physically available with him/her?

Also, RBC allows online accounts to be created. Has anyone tried doing it? What documents are required? If one manages to create an online account, will it be okay if one transfers the entire fund to the RBC account before landing in Canada?

Looking forward to your response!

Yes. Also, the whole amount CAN be carried in cash, it simply has to be declared.