When I got ITA, we had about two thirds of the amount in our savings account. We are sort of comfortable so we've been able to increase the monthly amount added to our savings. Basically we'll have the needed amount early next month so about 1 and a half month after receiving ITA. Should we decline and accept ITA again (we have 475 points) by the time we have the final amount at the start or do you think it wouldn't be that much of a problem?
To decline for lack of funds when ITA was received or not
- Thread starter hamgha
- Start date
It's fine as long as you can explain the source of these funds (salary, gift, sale of asset, etc).
If a person Documents are complete and settlement funds are also almost 50% above the target but the last 6 months average is lower than the target. If the settlement funds last six month target will get above the target in the last 10 days of ITA deadline, should a person wait for the 6 month average to go up or should apply as soon as possible? Any suggestion will be appreciated.DelPiero07 said:
Again, that's fine as long as you can explain where you're getting the funds from.BillHyatt said:
The six month average serves as a guideline to see if there are any suspicious lump sum amounts transferred to the applicants account. As long as you can explain the source of the money you'll be fine.