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Withdrawing money from Proof of funds amount

Veevee87

Member
Jun 24, 2019
16
0
Hi all

Can anyone tell me if there will be an issue if I withdraw a small amount of money from the Proof of funds amount as mentioned in my application?
For example if I require minimum $12000 as Proof of funds and I have declared $15000 as Proof of funds, if I withdraw $500 from that will it be a problem? The total value which is now $14500 is still more than the minimum required amount. I have already given my application to SINP after receiving an ITA... Pls advise
...
 

PMM

VIP Member
Jun 30, 2005
24,387
1,507
Hi

Hi all

Can anyone tell me if there will be an issue if I withdraw a small amount of money from the Proof of funds amount as mentioned in my application?
For example if I require minimum $12000 as Proof of funds and I have declared $15000 as Proof of funds, if I withdraw $500 from that will it be a problem? The total value which is now $14500 is still more than the minimum required amount. I have already given my application to SINP after receiving an ITA... Pls advise
...
1/ No, it won't be a problem.
 

subodhp

Hero Member
Jun 19, 2019
873
147
Toronto
No, it is understood that small changes/expenses are to be expected in one's assets. However if the changes are large enough that they look like you got someone to transfer money in your account just to show enough funds, then that will be suspect.