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SETTLEMENT FUNDS

ei8ht

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Jan 11, 2010
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What do u mean by settlement funds ?
One that u need to show as POF to CIC ?
Or, The one that u need to show to the POE, as landing funds ?


Your being upset might not help. The idea is to ask a clear query.
 

SD

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Jan 24, 2010
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Hi There,

You will need to provide proof in the form of bank statements / investment statements / value of your property evaulated by a property valuator or a chartered accountant.

this is when you are submitting your docs.

if its a matter of proving when you land - you need to show that you are either carrying sufficient money on you in the form of bank drafts / forex / electronic transfer proof to a canadian bank.

hope this helps...
 

ankit_20

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Dec 7, 2009
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Dear SD/ isteak007

Value of Property will not work. What you can show as prrof of Funds

Is Bank Statements
Bank Certificate
Time Deposits/Fixed Deposits
May be Liquid funds that can be redeemed in no time like FD/TD
 

shofiul72

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Nov 6, 2009
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Dear SD,
Whatever u mentioned, would u please purvey me the URL, so that I may ensure to take property as a proof of fund.

Shofiul

SD said:
Hi There,

You will need to provide proof in the form of bank statements / investment statements / value of your property evaulated by a property valuator or a chartered accountant.

this is when you are submitting your docs.

if its a matter of proving when you land - you need to show that you are either carrying sufficient money on you in the form of bank drafts / forex / electronic transfer proof to a canadian bank.

hope this helps...
 

jnathan

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Feb 3, 2009
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Any Fund that you can transfer to Canada at a short notice, Ankit helped me in this regard.
Then I asked other experts too.
Travelle's cheques will also count. TC's count coz they can be cashed almost instantly with your passport and the buying records at any Financial point.
 

SD

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Jan 24, 2010
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shofiul72 said:
Dear SD,
Whatever u mentioned, would u please purvey me the URL, so that I may ensure to take property as a proof of fund.

Shofiul
Hi - not sure of the URL - you can check on www.cic.gc.ca ( application package with instructions)?
I have also heard that you can get a property evaluator / CA to provide a letter with the value of your property if you want to show that. Not sure how far this is effective? Maybe others can advise on this?

We have a home loan but our property has appreciated. However we have other investments and provident funds that we could show which were enough for the minimum amount, so the home loan statement was an extra to be on t he safe side.
 

ankit_20

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jnathan said:
Any Fund that you can transfer to Canada at a short notice, Ankit helped me in this regard.
Then I asked other experts too.
Travelle's cheques will also count. TC's count coz they can be cashed almost instantly with your passport and the buying records at any Financial point.
Yes TCs will count
 

jnathan

VIP Member
Feb 3, 2009
4,513
142
Category........
Visa Office......
Sheng Chiu
Job Offer........
Pre-Assessed..
App. Filed.......
21st Jan 2010
Doc's Request.
10th March 2010
AOR Received.
10th June 2010
IELTS Request
provided
File Transfer...
IN PROCESS: 12th October, 2010
Med's Request
Withdrawal Request sent....Was waiting for files to return....instead of returning the files, VO sent the MR !!
Med's Done....
28 May 2012
Passport Req..
24 July 2012
Properties and lands, or something like this cant be shown if they cant be cashed or transfered to Canada.
If you wanna sell them, you need time and most of the times, evidentials and other related papers to them are almost impossible to translate.
 

rocky272727

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May 21, 2009
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isteak007 said:
How to proof settlement fund from Bangladesh?

Which type of document should i need?
What is your local visa office, accordingly people can answer your query. You yourself can solve your query but looking at the instruction guide of the Local Visa office manual.
 

brill

Hero Member
Dec 11, 2009
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rocky272727 said:
What is your local visa office, accordingly people can answer your query. You yourself can solve your query but looking at the instruction guide of the Local Visa office manual.
HI,
ANY SAUDI ARABIAN APPLICANT TO LONDON VISA OFFICE

have to open my account in ,CANADA from SAUDI ARABIA to show for statement,as my POF would be of 3 months only.(note 3 or 4 days are less in 3 months)If any one would share as to which would be the bank that gives the best deals from SAUDI ARABIA.HOW MANY DAYS WILL IT TAKE TO DELIVER FUNDS FROM SAUDIARABIA TO CANADA BANK?

BANK NAMES AND RATES???