Settlement funds

[Singhjasmeet13]

Dear friends need your suggestion. I am main applicant.

I want to know that there are two fixed deposit at the name of my grandfather and I am nominee in this two fixed deposit, can I show this two fixed deposit for settlement funds in Provinice nomination as well as express entry. Thank you

 

[istari]

Dear friends need your suggestion. I am main applicant.

I want to know that there are two fixed deposit at the name of my grandfather and I am nominee in this two fixed deposit, can I show this two fixed deposit for settlement funds in Provinice nomination as well as express entry. Thank you

The funds need to be in your name.
Otherwise, I think it might be okay if you could prove that you, and only you, have unrestricted access to the funds.

 

[Singhjasmeet13]

The funds need to be in your name.
Otherwise, I think it might be okay if you could prove that you, and only you, have unrestricted access to the funds.

Oh ok.

Like I want to apply for Saskatchewan in proof of funds it's written it must be 3 months old, then in my bank account $12164 must have to be 3 months old. Thank you

 

[moose83]

You can use these funds as long as you get a letter from your grandfather that he is giving you these funds and he wont require them back. it is for you. Also make sure you use the language that these funds are unencumbered and are available to you at your wish. get the funds in your name (break the FD and create one in your name) and ask your grandpa to give you this letter (gift deed - search this forum for format).

best of luck