Proof of funds

[kurmucb]

I got my visa from buffalo consulate, US. Proof of funds i presented was in US bank accounts.I was in US, but right now i am in India. and flying from India. For 3 family members i have to present CAD $ 17011, but due to exchange rate fluctuation I am short by $ 200 in bank balance. Just wanted to know if my CAD $ 1000 cash in hand will be counted towards 17011. or my indian bank account statement can also be valid.

Also as my bank account is in US and i am in India. Is it ok if i carry a faxed or online printed copy of bank statement with me when i fly. bcs its absolutely impossible to get latest original letter and statement without being present in US so fast.

Your help will be appreciated.
Thank you.

 

[devilhimselff]

Well as advised by a senior member Qorax, its not advisable to take Bank statement. The money should be taken in the form of Cash, Demand Draft or Travelers cheques (Example Mix of Some Cash+DD). And yes money in Hand is money for Proof of Funds.

As told by Qorax some got it trouble with Bank Statements, as it was not accepted as POF.

 

[Cappuccino]

Well as advised by a senior member Qorax, its not advisable to take Bank statement. The money should be taken in the form of Cash, Demand Draft or Travelers cheques (Example Mix of Some Cash+DD). And yes money in Hand is money for Proof of Funds.

As told by Qorax some got it trouble with Bank Statements, as it was not accepted as POF.

I know many people who have been fine with bank statements, but I guess it may depend on the bank, the country and the currency. I think statements in UK Sterling from reputable banks like HSBC shoud be fine. Other countries with less well known banks may be a problem, I guess.

The main issue some people (particularly those in UK) face is that the exchange rate is very poor at the moment, and many do not want to convert all of their funds into CAD until they have to. We are currently planning to take UK bank statements and also Canadian bank statement since we will transfer some of our funds into CAD but the majority (maybe 2/3rds) will stay in UK sterling until the exchange rate improves.

Wayne.

 

[devilhimselff]

With the current economical situation the Exchange rate might worsen
But anyways, you are right about differences of countries / Banks etc...
BUT off course the safe advice would be to always go the simplest route to avoid any problems.