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santi_marlon

Hero Member
Sep 19, 2019
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Hello all ,
Does account's type of "short investment Deposit" is acceptable for Express-Entry as Proof of Fund?

Thanks in advance
 
Proof of funds needs to be money available right now and have been in your account for at least 6 months.

"Funds must be readily available to you. For example, you can't use equity on real property as proof of settlement funds.


You also can’t borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they aren’t coming with you)."

https://www.canada.ca/en/immigratio...nada/express-entry/documents/proof-funds.html
 
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so finally i think that account's type does not matter , beyond this , those factors you've mentioned are more important that ACC's type
 
Proof of funds needs to be money available right now and have been in your account for at least 6 months.

"Funds must be readily available to you. For example, you can't use equity on real property as proof of settlement funds.


You also can’t borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they aren’t coming with you)."

https://www.canada.ca/en/immigratio...nada/express-entry/documents/proof-funds.html
and in that URL was not mentioned any specific account type
so i think short-investment can be OK