Fea oe ey SeesWHAT IS PROOF OF FUNDS? WHY IS IT REQUIRED? ‘You MUST PROVE THAT YOU HAVE ‘YOU MUST BE ABLE TO USE ENOUGH MONEY TO SETTLE IN CANADA Tras MONEY TO PAY THE cosTs ‘TO MEET THE MINIMUM REQUIREMENTS OF Livin FOR YOR FAM OF EXPRESS ENTRY PROGRAM. HOW MUCH MONEY YOU WILL NEED? = a = eee ore eet @ WHAT'S NOT ACCEPTED | WHAT’S ACCEPTED PROPERTY EVALUATION BANK BALANCE JEWELLERY EVALUATION FIXED DESPOSITS (FD) VEHICLE EVALUATION RECURRING DESPOSITS (RD) ‘CRYPTOCURRENCIES PROVIDENT FUND (EPF) PUBLIC PROVIDENT FUND(PPF} | MUTUAL FUND. MONEY IN OTHER'S ACCOUNT | STOCK INVESTMENT RULES > YOU CANT BORROW THES MONEY FROM ANOTHER PERSON ATTME TM OF LANONS YOU MUST PROYE TO AN BAAGRATION OFFICER THAYYOU CAN LEGALLY ACCESS THEM To USE TO SETTLE HERE WHEN YOU ARRIVE ROCF OF FUNDS SNOT REGUIRED FOR CANADIAN EXPERIENCE CLASS.DOCUMENTS REQUIRED > DOCUMENTS/ RECEIPTS OF FDR, PF, MUTUAL FUND LIGUDATION ETE “> 6 MonTH aan STATEMENT NOT MANDATORY BUT 0000 To PROVIDE) -> FoR PROOF YOU MST GET OFFICIAL LETTERS FROM BANKS: LErreRsi MUST: SIRE Mn Cer AT weR-ATINLABORES, TELERIONE MAGE AND EMAIL ADDRESS) ZOST cursraname BEBrs sucy As CRED CARD OcOTS ANO LOANS SINeLUSE Fo EacH CURHENT BANK AND IOESTMENT ACCOUNT THE AVERAGE BALANCE POR THE PAST SUE MONTHS we FEW TIPS -STER sumacion ry accoue BALANCE DOE 00 DOWN BELOW WHAT ea eee EE ea DON'T HAVE ENOUGH MONEY FOR PROOF OF FUNDS ? CANADA ei FORMAT FOR BANK LETTERMANY PEOPLE IN THE AGE BETWEEN 25-25, Morr NOT NECESSARILY HAVE ADEQUATE MONEY Yo stow PRoor OF FUNDS. WHAT SHOULD YOU DO IN SUCH A CASE? 1 YOU CAN oer A GleT DEED. 2. GET LOAN FROM A BARC AND KEEP IT Sk MosT PROGADLY PARENTS, |S MONTHe UBT wEFORE Visa SURAESION i ms. 1. GIFT DEED If YoU DONT HAVE THE REQUIRED MONEY BUT YOUR FAMILY OR FRIENDS HAVE IT {THEN YOU CAN GET THE MONEY TRANEFERRED To YOUN ACCOUNT ANG GET A GirT bee StoneD oY THEM ‘THIS IS NOT "BORROWING. THIS IS A “GIFT FROM THEM. GIFT DEED is A DOCUMENT WHICH PROVES THAT THE GIFT IS BEING MADE WITHOUT ANT CONDITIONS Of IN EXCHANGE FOR COMPENSATION YOU SHOULD GET THAT THE DETAILS WRITTEN ON A LETTER. THEN AN AFFIDAVIT & {THEN MENTION THE SAME IN THE LETTER OF EXPLANATION AS WELL GIFT DEED LETTER AFFIDAVIT Segnireacinedionsaaetre ees Scctnmenstoaonstnt str ee cet tease ‘Pesomotewterrswest vo noe crete ‘ctoimanamensomrime erence ne ep a tat eee Se iene Mh a cten‘ALSO PLEASE MENTION THAT IN LETTER OF EXPLANATION AS WELL: ana wa ones re UPLOAD SCANNED COPY OF: ‘ee onan n ee > YOUR BANK STATEMENT ‘Tn pr set mya Pe or > GIFT DEED ae ees > AFFIDAVIT Se ee EE > cHeave saateasioaliebieaalinscadkdnasieiee inal > YOUR FATHER’S ID ‘nstc rained cio aed Sotecememtcton ition tora” ‘ALONG WITH BANK LETTER cietresenias ncaatenreoctetoreate FOR PROOF OF FUNDS. ‘Senco cha my Scene etd, aerated 2. BANK LOAN (NOT ETHICAL AND NOT RECOMMENDED } SSdr'seroRE ViGA SUBMISSION ANO UNTIL YOU SET THE CONFIRMATION OF Pe YoY SHOULD, HAVE THAT MUGH MONEY WITH YOU EVEN WHEN YOU LAND IN CANADA. Xo Sout COOK Cace RUNNING BALANCE AND Li wT MENTIONCD IN BARC LETTER. IF THE INVESTIGATING OFFICER IS SUSPICIOUS, YOU MIGHT LAND INTO TROUBLE. BANK LETTER FOR PROOF OF FUNDS Lerrerts) MUST: SINCE Ube Their CoNTAcT INFORMATION TADORESS, TELEPHONE NUMBER & EMAIL ADDRESS! SIiSr Gurerancio DEBTS GUCH AS CREDIT CARD DEBTS AND LOANS. CTHE AVERAGE BALANCE FOR THE PAST SIX MONTHSEXAMPLE NO. 1 EXAMPLE NO. 2