How to Show PROOF of FUNDS For CANADA Visa | Proof of Funds Canada Immigration |10 MISTAKES To Avoid

[@PeterIsesele]

Join GradNext One on One Mentorship Website (for one on one mentorship) --- www.gradnext.com/ Email: [e-mail]

[@prasanrajasinghe1147]

Can I provide my NRFC account statement as proof of funds for canada visit visa. Currently I am working in UK but every month I transfer money to my NRFC account in my country srilanka

[@prasanrajasinghe1147]

Dear Sir Appreciate if you can give me some feed back on my questions

[@longrichglobal]

Please can you do a video on proof of funds by third party? You normally talk about family and friends, what about third parties like mentors, church leaders, etc.

[@hammedoluwatosin4874]

Sir you're very details 💯💯

[@JoyDee3347]

Thank you sir for sharing God bless 🙏

[@tata_mlk9115]

Thanks for the info.

[@faisalmohammed6629]

I have multiple property deeds. When I compress it becomes blurry please let me know what is your advice

[@FreshStartAbroad]

Bros peter thank you

[@GilligansTravels]

Well the first TRV from august 6 that was refused august 30th and then reopened sept 6 th just got approved after countless emails and webforms

[@GilligansTravels]

Having a notarized affidavit of financial support and guarantee with my CRA NOA 3 pay stubs signed by a sergeant, marriage certificate all in one pdf was a bonus but was intentionally overlooked i feel

[@queenanumudu]

When you were refused and the reason was that: they are not satisfied that you have truthfully answered all questions asked of you, what does it mean?

[@PeterIsesele]

You answered some questions incorrectly during your visa application

[@amarachiezeh7234]

Thanks Mr. Peter for this video. Please I have a question, Can ones proof of funds be shown through a sponsors bank account statement or must the funds be in the applicants own bank account?

[@harryarinze7268]

Very nice Thank you so much @PeterIsesele

[@georgelineikechi-eme2987]

What about fund from bank

[@PeterIsesele]

Still has to be justified if you took a loan from the bank.

[@ELESH_Punter]

Thanks for the information I don't understand the company account...Are you saying i can't use my company account for proof of found?

[@Occ881]

You can use it,but you have to provide other documents to make it clear,,,you must provide a sponsership letter,and other doccuments related to that company

[@Bolton_wealth]

You got a new subscriber here. Great job Sir, pls i will like to know if the Canadian consular do call applicant bank to ask for details of the account or the account balance.. and also Sir, how long dose it take IRCC after submission of application. Thank

[@tunjioluwaseun1218]

Mr Peter thank you for all the videos on proof of fund please their is something bothering my mind I want to if I can use my personal account to show proof of fund instead of my bussiness account because most of my funds are in my personal account I only use the bussiness account for transaction kindly enlighten and assist me ....God bless you

[@PeterIsesele]

Personal accounts are the best options.

[@Vickybelle92]

I had to come back to watch this video again. Please Mr Peter can one use a joint account to apply for a study permit? I dont wish to use my business account but the personal account i got is joint between my fiancee and i

[@jameschinaza]

Hello Mr Peter, I have gotten admission into red river college for a 2 years diploma program and have paid my tuition deposit. My uncle is my sponsor and I am confused as to how to go about the proof of funds. I'll appreciate your feedback

[@mosesideh2801]

Thank you Peter for the explanation in this video. My question is, if a company is sponsoring one of its directors/employees for studies in Canada, can the applicant use the company's statement of account for proof of funds?

[@PeterIsesele]

It's possible....But it requires more documents....

[@PakistaniVlogerinBaku]

Mr. Peter I am getting my salary in cash And I saved my money not in bank. But In traditional method at home. Now I want to apply visa next week May I deposit that money to bank and show it to? I will get a letter from my employer that I work there.

[@WANTANTEAlimansi]

​@PeterIsesele like what documents

[@N-World-007]

All this documents where do we upload them, you understand the system has a limit right?

[@PeterIsesele]

You can merge documents together

[@jonathanfaithagggrey2803]

What if I won big amount from betting

[@adebisiomowumi1335]

Hello sir @PeterIseseIe have started my admission application in NSCC applied for the course you u mentioned in your previous video but I can't make payment,it was written declined after input my ATM card number and it's master card have done it several times still writing transaction declined,pls any assistance about it,I will be glad to hear from you 🙏🏼🙏🏼 Thanks

[@PeterIsesele]

Try another card

[@adebisiomowumi1335]

@@PeterIsesele have tried 3cards now it's still declined

[@viviansolomon6337]

Hello Mr peter, you are doing a great job sir. Pls can you add more light on investment account proof of funds?

[@lawonyinye7056]

​@@adebisiomowumi1335use a dollar card. UBA

[@ojaytourism6448]

please what about if you have certain amount of money paid into your account in September for example and you started printing your 6 months proof of fund from October following month do you still need to explain the previous balance before you started printing your statement. secondly are they going to dig into previous balance before the date you started printing the bank statement for your visa application

[@PeterIsesele]

They will only see what you uploaded.

[@joancomlavi9898]

Good day sir please i applied for fall 2024 at st John's college nbbc, please for pof i😮 started to service my account in October last month my brother deposits money in my account and after 3day i resend but now i don't no if am on the right track or do I need a business name to back my statement of account to avoid suspicion from Ircc

[@SuperBatuna]

And u r putting that here 😂😂😂

[@harrisonofori7301]

Thanks so much. What if one is supporting his wife but the bank statement does not have enough funds but have a very good salary justifiable by his payslip, employment introduction letter and he even swears affidavit indicating he would be giving the wife additional support of about 800 CAD every month from his salary. Mind you she already has some funds but this is an additional support. Does it make sense n acceptable?

[@PeterIsesele]

You need actual cash in the account

[@vishnujp86]

Hi sir, i got a request letter asking for the explanation of lump sum transactions other than the required amount during the past six months of bank statement, how should i reply?

[@PeterIsesele]

Explain the sources of the lump sum

[@WANTANTEAlimansi]

What if im applying for visit, visa and ,going to use company account its fine

[@PeterIsesele]

It's best to still use a personal account... except you are going for a business trip.

[@tunjioluwaseun1218]

Thank you Mr Peter thank you for the video ..kindly assist me with this question I want to know if one is depositing a lump from other account account like bussiness accounts or other means into a personal account to apply for visa ..how do we justify the lump sum transfer to the other I will appreciate if I can get a explanation for this

[@PeterIsesele]

Explain in the letter of explanation. Use your company letter head to write a letter to that effect

[@tunjioluwaseun1218]

Thank you very much Mr Peter you're indeed a blessing to our generation I really appreciate

[@tunjioluwaseun1218]

Mr Peter is i have a question that have been bothering my mind too is it OK to put the money for maintenance fee in beginning of the 4 to 6 month account or one can put in the money in the middle of the account to show the maintenance fee which is more adviser to put it earlier or put it when the fund are available before the visa application so that it will reflect in the closing balance...thank you sir your advice will be highly appreciated

[@Wiseog2024Platform]

It is allow to use sponsor who relationship not with my family. If it is possible tell me how i can do it. Thx

[@PeterIsesele]

You must provide proof of relationship...

[@Wiseog2024Platform]

@@PeterIsesele if there isn't, it is possible

[@aladyherhomeherhustle7208]

What if you just pay the tuition? Eg if you going for a 1year programme & show evidence of living expenses?

[@PeterIsesele]

That is also fine

[@mercyc.35]

Thanks Mr Peter for this info, please sir , when is the best period to apply for Canada visa Thank you

[@PeterIsesele]

When you are ready. At least 2 to 3 months to the start of the program

[@odedirandamilola6211]

Mr Peter thanks for your videos always. Sir I'm confused about this POF sir. I work in UAE and have a naija account that I've been operating for a while, changing and saving my salary in, sending money out as well. The question is how long should my POF stay in my accnt prior to applying. Some said if they put like 30m in Jan, I can apply Feb and print my statement from befre Jan to make it longer. Some said the 30m has to be on my accnt for at least 4month befre applying. Pls help sir, I don't want to pay much on interest. Thanks

[@PeterIsesele]

Sign up for a 30min conversation, and we can talk more about it Check out my website for more information www.gradnext.com

[@selamawitayele4982]

I have one question I am applying master program in canada but my question is about bank statement can i show sister - in -law account? Thank you God bless you

[@PeterIsesele]

Yes..Provided you can show proof of relationship

[@reina1779]

Thanks for this. Please what is a decent bank balance range to have if your annual fees is approximately $18k

[@PeterIsesele]

At least $30k CAd for a single applicant.. If you haven't paid major tuition deposit

[@reina1779]

@@PeterIsesele well noted. thank you so much for the response

[@MartinAkhigbe]

@PeterIsesele If you have a business apart from the CAC documents is tax documents compulsory?

[@PeterIsesele]

Tax is good, not compulsory

[@victorakabogu6148]

Sir Please if I receive a gift deed how many month does it need to sit in my account before applying

[@PeterIsesele]

No specific duration

[@ewetashley9564]

Hello Peter if my studies is 2 years of studies do i need to show the tuition for 2 yeaes as well as the monthly allowance for 2 years?

[@PeterIsesele]

Minimum of one year tuition and one year Cost of living ..

[@gloriaafure7166]

Mr Peter, I just need to pick ur brain. I want to apply for Canada study visa for a family of 3. For proof of funds, i am one of the directors in my family company which is a filling station. Present account balance is over 50million, monies that has come in an out of the account is over 500m for the past 6months. My husband has a savings of 30million in his account. Do u think is better to use both as my sponsors? And I still want to use my family biz, and also as a shareholder as part of proof of my home ties? Pls I need your insight.

[@PeterIsesele]

You can book a One on One consultation, we can talk about this www.gradnext.com

[@georgeoseikwamegiga3046]

Sir assuming my one year tuition fee is CAD 18000 and i paid 8990 deposit. Afterwards, i provide bank statement of CAD 26000 which caters for the one year 10000 experiences and also the remaining 16,000 can cater for the fee left to be paid and other expenses for one year. Is this enough to show proof of funds?

[@PeterIsesele]

It's enough.... But you can a little more to make it $40k to be on the safe side.

[@chinazadamian426]

God bless you for the good things your bring to humanity

[@udomima2402]

Thank you Peter for sharing useful information with us. Please can I use a brother in-law. He wishes to sponsor. Is that advisable.

[@PeterIsesele]

Yes...Provided you can show proof of relationship

[@juniorkurko34]

Can u just show the contract of ur job and the bank statement which prove the monthly salary u get without showing the balance in ur account?

[@PeterIsesele]

You must show your bank statement

[@juniorkurko34]

@@PeterIsesele that's what I was asking can u show the bank statement and the contract without showing the balance on ur account

[@malik3647]

Please I was rejected for finance reasons I have a question, I was being sponsored by my girlfriend for a visit visa so I used her statement and she enough money in the account but I only attached statements for a month, could that be the reason?

[@PeterIsesele]

You need minimum of 4 to 6months bank statement

[@malik3647]

@@PeterIsesele thank you, I’ll make the corrections and apply again

[@anabmohamed9342]

Got my study permit in 5 days

[@bonnybright3123]

Pls how did you do it?

[@anabmohamed9342]

@@bonnybright3123 got organised and gathered all the documents required ready, paid first year tuition in full and gic certificate snd bank statement as proof ofunds, did the medical exam and police certificatr upfront, so didnt have to wait weeks to get an answer, i listened to chokor millionsire and othey youtubers and the information they have given me is i think why i got approves ao quick, i am a brtitish citizen, dont know if that helped or not

[@amadinmumu8122]

What if you have saved the money in your account and you are still doing your business will that be an issue

[@PeterIsesele]

Provide you justify it

[@amadinmumu8122]

@@PeterIseselemy business is registered and every month my workers pays 200k each into my account which amount to 800k every month will I show the teller they use in paying the money into my account every month?

[@amadinmumu8122]

Please I will like to know how easy will it be to get a house in Canada by next year

[@PeterIsesele]

I can't tell

[@alimapius-lt8ds]

Hi so I’m applying for myself for study visa and my husband for open work permit . We have almost 11 million in my personal account, I have my salary statement of account ,CAC business reg, and Job contract reference too. However I want to use my Father as a Partial sponsor because I feel our funds is not enough even though I have paid tuition deposit. Is it possible to say that we have some money and my Father will be supporting us with some money also for any additional funds? I have my Father Birth Certificate , Work ID, house assets and rent receipts, bank statements, Letter of sponsorship,NIN etc. Can he stand as a partial sponsor please ?

[@PeterIsesele]

You can do that. The more funds you can show, the better

[@rustambuk8311]

Thank you sir I want to ask you is it possible to have two sponsors ( daddy and cousin) . I'm 20 yrs and I'm applying for university .so can I show two bank statement

[@MartinAkhigbe]

Yes it's allowed

[@whatcomestothemind5612]

Thank you for this, please can my brother sponsor my wife for studies and I then apply as the dependant?

[@PeterIsesele]

It's best you get sponsor onlyfor a single applicant....not for both.

[@whatcomestothemind5612]

Thank you very much for this response Mr Peter. I really appreciate your time. This POF is giving me serious concerns.. one more question sir: My wife works in my family company and gets paid salary in the company's name, the company directors are My brother, his wife and me, my brother is the major share holder/ MD. Can our company sponsor my wife for studies and I apply as a dependent? Kindly help me answer this question (I'm using your suggestions in previous videos, that the company should have made payments for her to the school before and also transfer the school fees or cost of living to her account to show easy accessibility of funds.

[@ehisirabor2887]

Gracias! This POF issue is looking very dicey, but do you think there's any advantage when you have paid over 50% of your total tuition with prove to show?

[@soyenkoyawerey]

No no infact is not even an advantage.i hv pay all my sch fees yet be denial 4 times

[@wedjongkwowe4679]

@@soyenkoyawerey why ?.

[@ehisirabor2887]

That's tough! But Why?. What's the reason for denial?

[@soyenkoyawerey]

@ehisirabor2887 imagine 26million is insufficient fund

[@ehisirabor2887]

@@soyenkoyawerey Are you with your family? Or alone?

[@olasimboolawunmi990]

Pls, i want to know if it's necessary for me to provide my bank statement if i transfer amount below 5m to my spouse? If it's not, what are the documents i needed to show to justify the money I'm sending to him? Thank you.

[@PeterIsesele]

It's best to still justify any amount more than 1 million.

[@ralitsaritakuli4784]

Would you suggestapplying for your student permit with your children and husband

[@mariesarkodie345]

Yes

[@MM-qg5xh]

is one year of expenses really enough for a two-year program?

[@PeterIsesele]

If you can show for two years, do so.

[@prasanrajasinghe1147]

Can I provide my NRFC account statement as fund of proof for canada visit visa

[@smesegment7553]

Can I use my fiance bank statement?

[@PeterIsesele]

Except you can proof that you both are common law partner

[@prasanrajasinghe1147]

Is my NRFC account statement valid for canada visit visa

[@beautyworgu941]

Hi Peter Pls am married already, my elder brother has a stronger profile to be my sponsor instead of my husband. Can I use him as my sponsor. With the money being in his own account?

[@PeterIsesele]

The money can be in his own account

[@omer9171]

Hello sir I have a question could you please answer me its urgent I got accepted to 3 year program in canada and I have 65-66k cad$ in bank is it enough to get study permit please help me

[@PeterIsesele]

You have to justify the source of funds. For more information, Visit my website....www.gradnext.com

[@chidimmaanyibe5490]

Good morning Peter, please can the company I work for sponsor me?

[@PeterIsesele]

They can.. but not the best option

[@chidimmaanyibe5490]

Hello 👋 Peter, what is the best option

[@isholaabiodun-e4o]

Good day Sir, Please Sir, i want to know if as a principal applicant for a study visa will i have to consider additional cost of the family without them accompanying to Canada in my POF? Although they will later come but not along with my study permit application. Many thanks and God bless

[@PeterIsesele]

If they are not accompanying you now, you don't need to show POF for them now

[@isholaabiodun-e4o]

@@PeterIsesele Thank you very much Sir

[@Christy-lw2dn]

Hi Peter, can Bank loan with my salary be of any problem to pof?

[@PeterIsesele]

You have to show enough documents to support the loan

[@taitswene8482]

hie my tuition for 2 years program is $70 000...my sponsor has $55000 in his business account. My sponsor has an actively business company that's generates income continually. Will i have problems presenting such funds to the immigration officer during the process of my study permit application?

[@SPORTSRecords0607]

Good morning sir, thank you very much Please is it okay to apply with pOf account (my personal savings account) that I am using for both my personal savings and business. Meanwhile I am maintaining the required (pof money i need for my skol), while using the rest for business transactions, debits/credit from customers and suppliers, i have the receipts and invoices as well. please is it okay to use this kind of personal account?

[@PeterIsesele]

Yes..You can use your personal account

[@SPORTSRecords0607]

@@PeterIsesele thank you very much sir

[@RemoteJobsWorldwide]

💙💙💙💙💙💙💙💙💙💙💙💙💙

[@uEsquire]

Can one use an in-law as a sponsor for Study Permit and if yes, should the in-law transfer the funds to your account (with justifications for source of funds) as a loan or just provide their bank statements (with justifications as well)?

[@PeterIsesele]

They can do either of them

[@desiremuhire7106]

God bless you, is the Bank statement required at least 6monhts or 3months?

[@PeterIsesele]

4months

[@GilligansTravels]

If you are sponsored with a notarized affidavit of financial support you will also get refused always take a screenshot of your application and if you get refused immediately send emails for redetermination with the proof to the program migration manager

[@AstralAs-kp8qf]

Why will a notorized affidavit of financial support be denied and please what will u suggest?

[@GilligansTravels]

Will out of the philippines we just had it happened but you have to be prepared with proof that the Migration Officer is in error and demand a redetermination@@AstralAs-kp8qf

[@wedjongkwowe4679]

Explain better instead of just writing a statement

[@GilligansTravels]

I did and if you read it all the way through I tell you the solution@@wedjongkwowe4679

[@GilligansTravels]

the migration officer is deliberately screwing up @@AstralAs-kp8qf

[@larryozegbe5749]

Please how do i reach out to you sir

[@PeterIsesele]

www.gradnext.com

[@faithfulinspiration593]

Great video. BUt i want to know if i can sell my one of my house and put the money into my account as my proof of funds?

[@PeterIsesele]

It's possible ..You can do that. You will have to provide the evidence of the sale ..

[@ambitiousbelmondo9219]

Thank you so much Sir🙏🙏 I really needed this video ! My visa was denied for Insufficient Fund! Pleas after rejection how to write the new explanation letter ? Or if you have done a video about share the link with me pleas - pleas in IRCC form there is a section where the tuition is to be entered, I want to know if is the whole tuition fee or just the first semester fee? -Thanks you!!

[@PeterIsesele]

Yearly tuition.. For more information, Visit my website....www.gradnext.com

[@worldseye6683]

i did all these , but still got rejected , is there something i am doing wrong ? they said my financial status and asset is insufficient for the purpose of study

[@faustinaefuaeromosele2039]

Me too oh...I am confused too

[@PeterIsesele]

Apply for gcms to get more info about the refusal

[@ekeemmanuel2326]

How do to prove your funds when you make money from cryptocurrency trading?

[@Charles-lt9rr]

Thanks very much, my dear, for this nice video. Please, I have a question. Assuming I am admitted to a university in Canada for a one-year program, the tuition fee is 16250 CAD, and the school gave me a 9000 CAD scholarship. What is remaining in the tuition fee is 7250 CAD. The school doesn't ask me to make any deposit before coming to Canada. Please, if I deposit only 500 CAD or 1500 CAD and attach the receipt of the 500 CAD or 1500 CAD deposit to my application, will they refuse the visa? Or is it a must that I pay all the tuition fees before applying for a visa? Or if I don't pay anything, i.e i don't make any deposit, will they refuse the visa? Please, my dear, I am waiting for your reply. It is urgent.

[@PeterIsesele]

If a school does not require a tuition deposit, just show all the money you have in your account

[@Charles-lt9rr]

@@PeterIsesele Thanks very much

[@Superceemusik]

Please how do i contact you sir?

[@PeterIsesele]

www.gradnext.com