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Subject: When i have to show prrof of funds |
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Can some one tell me when i have to show $ 10, 000 in my A/C, I have applied at Buffalo under SW in Oct 05,
Also want to know for how long should i maintain this balance in my A/c, practically speaking every oneknows keeping $ 10k idol in bank does not make sennse, Do i need it onlt at the time of Landing or it should be in my bak for long
Thanks - KK
[19-02-2006,17:20] [***.96.80.15] KK |
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(in reply to: When i have to show prrof of funds) they can ask to see proof of funds any time during your PR process and as often as they see fit. They usually ask for 3 months of bank statements. It might not make sense to keep those kinds of funds in the bank but CIC wants to insure you are not providing ´show money´ just to qualify.
[19-02-2006,17:55] [***.20.170.23] Sharon |
(in reply to: When i have to show prrof of funds) Sharon is correct.
Donot bet on waiting till last minute to take a loan and deposit in your account to show the funds if that is what you are hoping for.
In that case they will ask for the funds when you land. Make sure you have about 6-7,000 avg in your account at all times (last 3 months statement). Or you can show in real estate, stocks, bonds, etc. Credit Cards are not proof of funds.
[19-02-2006,19:29] [**.89.69.86] Ash |
(in reply to: When i have to show prrof of funds) Our funds are, at this time, in real estate. How would we show this?
[21-02-2006,23:42] [**.189.49.185] white owl |
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