Canada Immigration and Visa Discussion Forum Homepage
Forum Home Forum Home > Canada Immigration Topics > Express Entry Immigration
  New Posts New Posts RSS Feed - Canada PR - Proof of funds
  FAQ FAQ  Forum Search   Events   Register Register  Login Login

Canada PR - Proof of funds

 Post Reply Post Reply
Author
Message
ms_menon View Drop Down
New Member
New Member


Joined: 22 Jul 2018
Status: Offline
Points: 2
Post Options Post Options   Thanks (0) Thanks(0)   Quote ms_menon Quote  Post ReplyReply Direct Link To This Post Topic: Canada PR - Proof of funds
    Posted: 22 Jul 2018 at 2:33pm
Hi,

I have received my ITA and am gathering the necessary documents to complete my application.

I understand we need to provide 6 months bank details as part of our proof of fund. I had lent a sum of about 7,700 CAD (Equivalent in INR) to my dad for a family emergency from one of my bank accounts (Let's say bank account A) and later in March he returned that with an additional 4,000 CAD (to a different bank account of mine, let's say bank account B) to meet my minimum funds needed for the PR application. Given that now all my funds are in my bank 'B' which has a huge balance fluctuation in March, how do I go ahead with this?

Should I show my Bank account details (Bank account A) from which I transferred the money to my dad and also all his bank transactions and then show the difference as a gift deed? My dad transferred the amounts from 3 different bank accounts of his to my bank account B in March.

Though there is a lot of flow of money across various accounts (held by my dad and me) all the transactions were legitimate and within the family. How do I document this?

Thank you in advance!
Back to Top
 Post Reply Post Reply
  Share Topic   

Forum Jump Forum Permissions View Drop Down