Questions about how to prepare for your first arrival in Canada - customs, proof of funds, initial settlement help, etc... Tell us what happened when you first landed in Canada.
Proof of Funds Bank Demand Draft
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chanderkanta Posts: 6
Posted On: 7/1/2014
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Hi,
I'm going to land in few weeks and I'm bringing an Indian Bank's Demand Draft in CAD in my name as POF and for my expenses. To make the draft I transferred the money to my Father's acct as my bank was incapable for issuing draft in CAD.
My question is: is this a problem at the time of landing? Do they check the source of funds? If yes what documents do I need to bring?
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Moderator Moderator Posts: 4142
Posted On: 7/4/2014
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Hello,
Thank you for sharing your situation with us. We can appreciate that you would be concerned. It is great that you are looking into this ahead of time.
You can find some helpful information in our Settlement.Org How do I bring money into Canada (proof of funds)? article.
You can also find some information in some of our previous Settlement.Org Proof of Funds discussion threads.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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chanderkanta Posts: 6
Posted On: 7/7/2014
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Unfortunately, I did not get any information from your answer. My question is simple: immediate source of my Bank Draft is my Father's account. But it is my money that I transferred to his account.
So, my question is this because the Bank Draft is made from my Father's account is it likely cause any problem/confusion at the time of immigration? If yes, are there any documents that I should carry with me to prove that these are my funds?
Thanks,
Chann
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Moderator Moderator Posts: 4142
Posted On: 7/10/2014
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Hello Chann,
Thank you for clarifying your question.
According to the Citizenship and Immigration Canada (CIC) Call Centre, it is possible that they may have questions regarding your funds.
They suggested that in order to avoid the impression that these are borrowed funds, you should take documentation with you to prove that the funds are in fact your funds that have been transferred.
We also suggest that you contact the nearest Citizenship and Immigration Canada (CIC) Visa Office for additional information and to confirm this information.
I hope this information is helpful. Please let us know if you have further questions and if there is any follow up to your question/situation.
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Anna
Settlement.Org Content and Information/Referral Specialist, CIRS
Settlement.Org
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