Please share your questions regarding proof of funds in this thread so that anyone having a similar question can benefit from it.
You also can’t borrow this money from another person. You must be able to use this money to pay the costs of living for your family (even if they aren’t coming with you).
Common question: Can I ask for gift deed from my mother/father/relative for 15000 CAD and put it in my account to use as POF?For proof, you must get official letters from any banks or financial institutions where you’re keeping money.
Letter(s) must
be printed on the financial institution’s letterhead
include their contact information (address, telephone number and email address)
include your name
list outstanding debts such as credit card debts and loans
include, for each current bank and investment account, the
account numbers
date each account was opened
current balance of each account
average balance for the past 6 months