Proof of funds request second time

[Yaserali]

Ok

 

[TooCareless1]

what is normal process time for december 2010 applicants. can anyone tell me.


Thanks in advance

 

[rabia_rak]

Hello Folks,

I donot have funds in my account (and I am principal Applicant), now my question is Can I show the funds in my Husband's account(he is accompanying me to canada)
If yes, Can you provide any link from CIC website, which can confirm this.

If no, which means I have to transfer $20,000 to my account, would VO ask question on this substantial one-time transfer (probably as borrowed money) ?

Please clarify

thanks
Rabia

 

[Yaserali]

@ rabia
I m not ure about it. But hopefully someone may guide u.

Thnks

 

[mute_man]

Hello Folks,

I donot have funds in my account (and I am principal Applicant), now my question is Can I show the funds in my Husband's account(he is accompanying me to canada)
If yes, Can you provide any link from CIC website, which can confirm this.

If no, which means I have to transfer $20,000 to my account, would VO ask question on this substantial one-time transfer (probably as borrowed money) ?

Please clarify

thanks
Rabia

try this;

http://www.canadavisa.com/canada-immigration-discussion-board/-t39318.0.html

 

[mute_man]

Hello Folks,

I donot have funds in my account (and I am principal Applicant), now my question is Can I show the funds in my Husband's account(he is accompanying me to canada)
If yes, Can you provide any link from CIC website, which can confirm this.

If no, which means I have to transfer $20,000 to my account, would VO ask question on this substantial one-time transfer (probably as borrowed money) ?

Please clarify

thanks
Rabia

it's better to keep the money in the PA's account.

at later state VO will ask for updated POF and 12 Months Bank Statement,, so it would be much better if u keep the money [required amount] in the bank all the time and do the transactions as usual. they just don't want to see the money still,, they also want to see the transactions in that account.

the above statement is purely "in my opinion" and my small research based!!

 

[Cappuccino]

Hello Folks,

I donot have funds in my account (and I am principal Applicant), now my question is Can I show the funds in my Husband's account(he is accompanying me to canada)
If yes, Can you provide any link from CIC website, which can confirm this.

If no, which means I have to transfer $20,000 to my account, would VO ask question on this substantial one-time transfer (probably as borrowed money) ?

Please clarify

thanks
Rabia

Funds can be in the name of the PA, the accompanying spouse, or both. It would not be a problem to transfer the money to your own account but you WOULD have to show the source of the large deposit, which means your husband's bank statements anyway.

So it would be easier to leave it where it is IMO and only show your husband's statements. If he is accompanying you to Canada then this is fine.

Wayne.

 

[deba_avik]

Funds can be in the name of the PA, the accompanying spouse, or both. It would not be a problem to transfer the money to your own account but you WOULD have to show the source of the large deposit, which means your husband's bank statements anyway.

So it would be easier to leave it where it is IMO and only show your husband's statements. If he is accompanying you to Canada then this is fine.

Wayne.

Hi Wayne,
How is everything?

One of my friends asked a question. His employer does not maintain any salary account in bank for their employees. My friend has a very poor transaction record in Bank but he has healthy amount of his own as a FDR. Can he apply and show his only Fixed deposit which is a handsome amount?

 

[omm]

If your friend have enough money to show POF and it's own money (no gift or loan from friends/relatives) than ofcourse it's acceptable as POF by VO.

he/she must have to show evidence that those all FD's have his/her own (I hope they have all FD certificates by bank).

OMM

Hi Wayne,
How is everything?

One of my friends asked a question. His employer does not maintain any salary account in bank for their employees. My friend has a very poor transaction record in Bank but he has healthy amount of his own as a FDR. Can he apply and show his only Fixed deposit which is a handsome amount?

 

[deba_avik]

If your friend have enough money to show POF and it's own money (no gift or loan from friends/relatives) than ofcourse it's acceptable as POF by VO.

he/she must have to show evidence that those all FD's have his/her own (I hope they have all FD certificates by bank).

OMM

Thanks friend. He has a problem. He does not believe in bank transactions. He always keeps cash money and most of the times, he lend money to his relatives, especially to his brother in law with whom who live. And his brother in Law invests in his business. What you think about it?

 

[omm]

Thanks friend. He has a problem. He does not believe in bank transactions. He always keeps cash money and most of the times, he lend money to his relatives, especially to his brother in law with whom who live. And his brother in Law invests in his business. What you think about it?

if he/she open bank account on his/her own name at different location using those money that also accepted. But once if he/she give this money to other people/friends/relative & try to prove that his/her fund "it's not accepted by CIO".

POF should be purely on PA name & his/her dependent name accepted, joint account with dependents (with wife/husband/childs only) accepted. (joint account with parents, other relatives or friends NOT accepted).

OMM

 

[deba_avik]

Thanks, friend, got it.

 

[faisal892]

Hi all,

Is property ownership documents acceptable to CHC London?

I submitted full application to CHC London in February 2011 and so far no progress on that. I expect to hear from them in 2012. However, Pakistani currency is devaluating and property prices are rising. Is consider it wise to invest in property rather than keep in bank.

Please advise.

Regards

Faisal

 

[deba_avik]

if he/she open bank account on his/her own name at different location using those money that also accepted. But once if he/she give this money to other people/friends/relative & try to prove that his/her fund "it's not accepted by CIO".

POF should be purely on PA name & his/her dependent name accepted, joint account with dependents (with wife/husband/childs only) accepted. (joint account with parents, other relatives or friends NOT accepted).

OMM

So, should I stop my friend to apply? He talked to me again and wanted to know whether it is a must or not to show full account statement or only he can show his Fixed deposit. I suppose they don't always require detail statement but if they have any doubt they can require detail statement. Am I right or wrong, friend?

 

[omm]

FD also accepted. VO will ask for FD details from bank with FD certificate.
so he can apply with FD certificate + bank statment, it's ok if his bank account is not much old but have to prove that money is your friends money and its not loan or not debt (if it's few amount doesnt matter becasue other funds covered in FD, FD you can encash easily).

OMM