Well, I did GIC of 10k, paid half of my tuition and have scholarship that almost completed my tuition balance and used my uncle as sponsor he submited both his personal and business account yet I was denied visa due to insufficient funds. Meanwhile, I used a registered immigration consultant for all my application.
@@PeterIsesele that was even 2021 and my consultant filed for Judicial review, the result came Feb 2022 and until now there is no news. My consultant emailed sometime ago to request to close the case since for some reason the account is not active blah blah... I am not just interested in the whole of this cos it was like a waste of effort and resources Jr review cost about $3k again after paying almost 2k for consultation. May I also include that we got a gcms note that explained in detail what the refusal was based upon so due diligence was done
Thanks for this wonderful video. Please I need clarification on this issue of proof of funds. 1) If you have a daddy friend in the US that is willing to be your sponsor is this advisable to go ahead with or is it compulsory that it must be your dad or your family relations that can be your sponsor 2) If one pays the full tuition payment for the school he or she is going to in Canada as opposed the part or half tuition fee required to pay directly from the University. How will this help in reducing the requirements in the proof of fond documets. And will you advise one do this if he or she has the opportunity to do so.
Well, family member is the best option. If no family member is available to act as sponsor, you can use what you have...with a strong letter of Explanation.
spouse is sponsoring my visa and she own a business and I want to transfer the money to my own personal account from her company account. Should the money stay in her company account for six months before I can transfer it? Or should I just transfer the fund and state the sources of the fund and show her cac, picture, receipts and her latter of sponsor?
Thanks so much for your wonderful information, please i want to ask When one works in a company and has all the necessary documents to proof he works there but doesn't have a pay slip because he is being paid cash by hand not bank transfer can the person also send bank statement without the payslip?
Hi please i would like to know if money is paid to your account for sale of property and you decided to move that money to your other account you would like to use for the process ,is there any problem?
Hello Mr Peter please I’m applying for my study permit this month end and my sponsors are my elder sister and her husband in Canada. Please can they use just one letter of sponsorship and apart from dropping their pay slip can they also drop like their property over there(I mean the documents showing they own their house) Can they also use their RRSP accounts?
Hello Mr Peter, thanks for all your advice and help....my company where I work wants to send me for a two weeks vacation in Canada. For the POF can I use the company account, and also filling the ircc form do I process it myself or tell our company account department to fill up the form and make the payment...
You can do the application yourself. Your company can present a very strong support letter and supporting documents. . You don't need a company statement of account. If you work for a big company, they won't be showing their account statement just because they want to sponsor you.
Thanks so much for your information and quick response, When one works in a company and has all the necessary documents to proof he works there but doesn't have a pay slip because he is being paid cash by hand not bank transfer can the person also send bank statement without the payslip?
Hello Sir. Could you please explain the ways in which a benefactor already resident in Canada can assist in providing proof of funds for a prospective student even if they are not family relations?
Does this same method works with Express entry (PNP) Proof of funds? Is an Uncle as the sender also valid? Is it compulsory to show proof of income and bank statement of the sender?
please can individual that want to apply for visa submit both statement of purpose and letter of explanation together and again like how many page is good for this purposes
Ok. Thanks for the video. Supposing I land a scholarship that is willing to cover 50% of my tuition fees, can I get a loan to cover the remaining 50% and also cover for my living expenses at the same time? In other words, can a loan cover for one's living expenses? I'm really lost
It happens. Sometimes, it's not just about showing the money. It's about showing the right documents and writing a very compelling letter of Explanation
Pls i have a cooperate Account and my fund is domiciled in the Account, the Company Account is owed by i and my wife can we use it to show proof of fund or i have to move the money into my personal Account. I have the CAC docs of the Company.
@@PeterIsesele Thank you,my Tuition Fee is 9,500 CAD (thou admission not granted yet hoping to) We are family of 4 so roughly is around 30K CAD proof i should be preparing. Should I start now to assemble the fund into my personal Account or immediately admission is offered then I can start moving fund into my personal Account. Again in addition to the proof of fund do we need to attached our landed property Even after proof of funds is complete?
I was refuse visa twice even with huge amount in my account and the letter says insufficient fund what exactly the visa officer is looking at please help me thanks.actually the account I use for the application new account i open and no activities in that account I just once in a while I transfer money to that account.
My mom is a trader and i want to use her account but her business is not registered. I am working aboard and i send money into her account. So, did she need to go and register her business to show pof or just affidavit and letter of sponsor?
Please for Self sponsored but have lump sum of deposit in my account from my father . How do I explain this. The sum is a support from him towards my study. Should this be explained in my SOP & will he be required to write letter of support and provide his Bank statement too, will this be necessary since he has transfered the money to my account already?
Thanks for this, if I am using student finance loan as my pof and also fund from my sponsor…. how long will the money has to stay in my account . The loan actually covers and even more for all my expenses for the first year but just to provide more pof, I still want to use fund from my sponsor…..my question now is can the money from the sponsor be sent anytime to my account like a week to submitting my application
hello, just came across your page. and thank you for the informative video. i want to find out how the money needed for tuition is calculated, i mean, should it be multiplied according to bank rate or black market rate? thank you
You don't need to show their POF if they are not joining you immediately. And if they are not joining you now, you don't need to mention that they will join you in 6months.
Can I use two different bank statements that's one from my dad and the other from my uncle since my dad does not have sufficient fund to show that he can sponsor me
Thank you sir for this video... But in a case where the person sponsoring you(like one's father) is retired but has the funds to pay.....Do we need to explain his occupational state
What if I live in the US and sponsoring my sister. But we don't have large sums of money in the bank except our income that we get from our jobs. Will that be enough?
Hi Peter, great job you are doing. Please my dad is sponsoring fully and he has transferred the money to my account . If I am submitting my personal MBS and his MBS do I still need to submit my salary account or my payslips would be okay.
Hi Peter, Great content! I have 3 personal accounts, but I only get paid salary to one. I am able to get a small loan from that bank to make up the total pof amount. Is it okay if I send all the money to one of the other accounts (5 months in advance)- one of the accounts that I don't get paid to? Or will they want to see the statement from the account I get paid from?
If the money in the other bank is your savings, you can show that even if it's not the salary account. YOU can show both account instead of moving the money
Please I need your advice, I want to use my brother in-law as my sponsor, and he is also my employer. Can I go with my family.? Or I need to show them my own personal account too for 6 months?
Hi Peter, thanks for the update. Please, is 10 million cfaf enough for proof of funds as a student in saskatchewan college for one excluding flight ticket.
Hi Peter, just wondering what your thoughts are on choosing between a one-year PGD and a 2yr MSC program with the end game of getting PGWP and eventually PR. Thank you
@@xfh35m😂😂😂😂😂😂😂 I need to laugh for 24hrs on this ..hun hun ..they won't force o..they ll pat u in the back and weldone ..just stay with us illegally ..based on who you be 😅😅
Hi Peter you are a life saver. Please if my company is sponsoring me is it a must that the money stays in my account for 4-6 months before applying for the visa
Hello thanks for this very good points and clarification. I wish to ask if I can get a GIC . I am from Cameroon. I think this is only for some specific countries
Hello Mr Peter, thanks for this content. My question is, is it acceptable if the sponsor deposited entire amount that covers both tuition and living expenses in cash into the applicant’s account due to the nature of the sponsor’s business? The bank statement shows the name of the sponsor and affidavit of sponsorship was also added but the applicant was denied visa. What can someone do in this kind of situation? Although the application was submitted a month after the sponsor deposited the money.
You have to convince them how that money got into your account, you may want to register your business or you are working. Prove to them that the money have been in your account for at least 6 months....they want to be sure that once you are done studying, that you are coming back to continue with your business or work.
Hi Peter, thanks for this video and the explanations. In my case, it's my uncle ( my mom's brother) that is my sponsor, but I have heard people say that it's best if it's someone from my immediate family that is my sponsor. What's your take on this?
hi, very informative. please do i need to provide proof of funds with the amount in account for 4-6 months as i already have it in account for 2 months but this is almost April and September is around the corner.
Hi Peter, thanks once again for your video. A company that i once worked as an intern wants to sponsor my tuition only. However they are only willing to transfer the money once i get my visa approved but they are also willing to help with visa application POF. my question is, do they need to transfer the money now in my bank account while i apply or all they have to do right now is provide an affidavit confirming that they will sponsor me followed by the company's bank statements?Because my worry is that the money from the sponsoring company needs to be in my account when i apply for visa.
You can get a solid sponsorship letter from them and the proposed amount they want to sponsor you with. They don't have to send the money to your account.
If my mom's business is sponsoring me and sending the entire amount for the cost of living to my account, must i have the past 4 months statement of the business's account? Because there is no income in my account as i havent been working
@@PeterIsesele Thank you, sir. In my situation, my mum is my sponsor, she’ll be providing her business bank statement of about 17m, there’s an issue with her personal account, so she uses that account for both personal and business purposes. After printing the bank statement of 17m, I was worried the account balance will definitely be fluctuating since she’ll be using the money for business transactions. So I don’t know if that’ll be an issue with IRCC. She also provided her CAC, tax clearance, landed property docs and car documents
Pls sir i want to go to canada as an undergraduate students must i do an account as a prove of fund or can i use my father account since my father is the want sponsoring me. Thanks sir waiting for yur reply
What if u just finished stopped working 5months ago and applied with a certificate of employment as a chef in united Arab Emirates? Can that person still use a POF of 1month?
A fixed deposit certificate was used in my first application but I was refused visa. How does using an Mpower loan for reapplication appear. I would be having like 5-8 million naira in my bank account for living expenses. The loan would cover tuition for 2years.
Thank you so much. I would appreciate it if you would answer my question. Can I show proof of funds from two different banks? One in Naira and the other in dollars (Domiciliary account). Thanks
Thanks for this video. What if one is working, and your going as a nurse, though have not gotten work there yet, and ur going with your husband, how much is needed to show as proof of fund?
Thanks for the video,I have a question, please an agent apply for me to Canada entry but I didn't go for the biometric and now I got admission in Canada I don't know if it will affect me
hello mr peter here is my question my vistor visa get refuse due to the insufficent fund has they state like how much should someone have in her acct both bussiness and servings, secondly like how many month it take me to reapply since i just get refuse but my biomatic still valid till 2031,thirdly is its possible me to choose another path like school to reapply pls your respond is needed sir thanks
Please can a friend of my dad who is a US citizen show his bank statement as my sponsor since my parents are just pensioners? I have paid my first semester college fees and my program is just one year so he’ll be sponsoring for cost of living for one year and just part of the second semester fees.
Most research programs require supervisors. I can't tell you which schools or programs don't require a supervisor. When you check any school of interest, they will tell you if they require a supervisor or not for a particular course
Hello Peter I’m in express entry pool, I lived in USA from 2014 to 2020, I have most of my money in my US bank account, I moved back to India in 2020 and I applied for express entry and I’m in the pool, is it fine if I show my proof of funds in my US account or am I supposed to show from my Indian bank account as I’m applying from India
Hi Mr Peter, for the sponsorship, does it have to be a direct sibling, what if the person is like an uncle and we don’t bear the same surname ? Can it work? Will the person still be able to write a ketter
Hello Mr peter, thanks for this great content, for someone who wants to transfer from his business account to his personal account when can he transfer the money, should it be six months ahead or anytime and will he still show statement of account of the business account he transferd from ? Thank you.
Please for a year grad cert if one pay for the tuition for year , does it reduced the POF or are you going to deduct tuition from the a year tuition+ 10000 CAD?
If you pay for the full tuition for the first year...for a 2 year program, your POF will only consist of the full tuition for the second year right? Along side living expenses and miscellaneous yea?
Hello Mr Peter, you're doing a great job, In a situation were the applicant is going for study with her spouse and kids, is it advisable for her spouse to be her sponsor and they use his account statement as proof of fund?
Pls sir since my inlaw is sponsoring me, do I still need to have living exp of 10,000 cad in my own personal account or I will hold it cash. I mean once I get to Canada embassy will they request for my living exp at hand. Or it will be saluted in my sponsor account
Hi Peter. Thank you for this video, its really an eye opener to so many things. Kindly advice, what is the process and requirements if I want to leave in Canada. I have an online business that makes me good money monthly, I can do my business from anywhere. What should I do?
I just came across your video because I'm planning to do my Masters in Canada very informative and thank you
You are welcome.
Your explanation is very clear on this topic. Thank you
A million thank you for this invaluable information..you have really enlightened me.
Glad it was helpful!
@@PeterIsesele thank you. pls is cgpa of 3.7 good for thesis base course in university of Alberta?
Great bro , very informative ! keep it up
Thank you
Thanks for this. How long does the money need to have stayed in the sponsor's account?
There is no specific duration... but you need the money to get kind of progressively stable though the 4 to 6months period
thanks@@PeterIsesele
Well, I did GIC of 10k, paid half of my tuition and have scholarship that almost completed my tuition balance and used my uncle as sponsor he submited both his personal and business account yet I was denied visa due to insufficient funds. Meanwhile, I used a registered immigration consultant for all my application.
This is a common reason for denial these days....
@@PeterIsesele that was even 2021 and my consultant filed for Judicial review, the result came Feb 2022 and until now there is no news. My consultant emailed sometime ago to request to close the case since for some reason the account is not active blah blah... I am not just interested in the whole of this cos it was like a waste of effort and resources Jr review cost about $3k again after paying almost 2k for consultation.
May I also include that we got a gcms note that explained in detail what the refusal was based upon so due diligence was done
Very informative. I think the minimum amount is now about $ 13k plus. Correct me if I'm wrong.
How can show proof of fund 2 years diploma courses
Hello Mr pee, after presenting the statement of account, do the visa go to your bank for verification?
Thanks for this wonderful video. Please I need clarification on this issue of proof of funds.
1) If you have a daddy friend in the US that is willing to be your sponsor is this advisable to go ahead with or is it compulsory that it must be your dad or your family relations that can be your sponsor
2) If one pays the full tuition payment for the school he or she is going to in Canada as opposed the part or half tuition fee required to pay directly from the University. How will this help in reducing the requirements in the proof of fond documets. And will you advise one do this if he or she has the opportunity to do so.
Well, family member is the best option.
If no family member is available to act as sponsor, you can use what you have...with a strong letter of Explanation.
Alright thanks
spouse is sponsoring my visa and she own a business and I want to transfer the money to my own personal account from her company account. Should the money stay in her company account for six months before I can transfer it? Or should I just transfer the fund and state the sources of the fund and show her cac, picture, receipts and her latter of sponsor?
What if your sponsor isn’t necessarily family?
Valuable information ❤
Glad you liked it
Thanks so much for your wonderful information, please i want to ask When one works in a company and has all the necessary documents to proof he works there but doesn't have a pay slip because he is being paid cash by hand not bank transfer can the person also send bank statement without the payslip?
You can explain this in your letter of explanation.
@@PeterIsesele thanks so much sir 🙏
@@PeterIsesele please sir is it advisable to book a flight for round trip or one way when going as a visitor
Hi please i would like to know if money is paid to your account for sale of property and you decided to move that money to your other account you would like to use for the process ,is there any problem?
It's better for them to pay into the account that you will use
The website said four months, but when I read the instruction it says it is 6 months. I'm confused...cause I've already printed for 4 months.
4 to 6 months is fine
@@PeterIsesele thank you, sir😇.
I trade forex but not registered , and I cater for myself how do you advise me I go about it….upcoming trader though😢
It is best to apply for something close to an experience you have that you can provide documents or evidence
Hello Mr Peter please I’m applying for my study permit this month end and my sponsors are my elder sister and her husband in Canada.
Please can they use just one letter of sponsorship and apart from dropping their pay slip can they also drop like their property over there(I mean the documents showing they own their house)
Can they also use their RRSP accounts?
Hello Mr Peter, thanks for all your advice and help....my company where I work wants to send me for a two weeks vacation in Canada. For the POF can I use the company account, and also filling the ircc form do I process it myself or tell our company account department to fill up the form and make the payment...
You can do the application yourself.
Your company can present a very strong support letter and supporting documents. . You don't need a company statement of account.
If you work for a big company, they won't be showing their account statement just because they want to sponsor you.
Thanks so much for your information and quick response, When one works in a company and has all the necessary documents to proof he works there but doesn't have a pay slip because he is being paid cash by hand not bank transfer can the person also send bank statement without the payslip?
Good evening from UAE mr. Peter. Thanks for all you do.
I want to ask, must the statement of account be upto 4months before one apply???
At least 4months bank statement
Hello Sir. Could you please explain the ways in which a benefactor already resident in Canada can assist in providing proof of funds for a prospective student even if they are not family relations?
Does this same method works with Express entry (PNP) Proof of funds? Is an Uncle as the sender also valid? Is it compulsory to show proof of income and bank statement of the sender?
please can individual that want to apply for visa submit both statement of purpose and letter of explanation together and again like how many page is good for this purposes
You only need Letter of Explanation For visa
For the letter of explanation is it a plain paper that will be giving to the applicant or the person will draft it with his own A4 paper
Thank you for always sharing to us thess secrets
You are welcome
Ok. Thanks for the video. Supposing I land a scholarship that is willing to cover 50% of my tuition fees, can I get a loan to cover the remaining 50% and also cover for my living expenses at the same time? In other words, can a loan cover for one's living expenses? I'm really lost
Hello Mr. Peter do u assist in visa application?
Check out my website
www.gradnext.com
Check out my website.
www.gradnext.com
A friend was rejected after showing a statement by her sponsor of 21M, they stated that her assets and financial status will not be sufficient
It happens. Sometimes, it's not just about showing the money.
It's about showing the right documents and writing a very compelling letter of Explanation
@@PeterIsesele SOP right?
Maybe d sponsor doesn't have a registered job and doesn't pay tax
Aultima Peters which of the assets did she provide during her application, can u tell so others can learn plz🙏🙏🙏
@@alfredvictor7158 she only provided landed documents alone.
Pls i have a cooperate Account and my fund is domiciled in the Account, the Company Account is owed by i and my wife can we use it to show proof of fund or i have to move the money into my personal Account. I have the CAC docs of the Company.
Personal account may be a preferable option than a cooperate account for the purpose of student visa.
@@PeterIsesele
Thank you,my Tuition Fee is 9,500 CAD (thou admission not granted yet hoping to)
We are family of 4 so roughly is around 30K CAD proof i should be preparing.
Should I start now to assemble the fund into my personal Account or immediately admission is offered then I can start moving fund into my personal Account.
Again in addition to the proof of fund do we need to attached our landed property Even after proof of funds is complete?
I was refuse visa twice even with huge amount in my account and the letter says insufficient fund what exactly the visa officer is looking at please help me thanks.actually the account I use for the application new account i open and no activities in that account I just once in a while I transfer money to that account.
You can reach out to me through my email for more guide
Gradnext1@gmail.com
I think there's a document you can request that gives the exact reason as to why it was denied, rather than just saying insufficient funds.
My mom is a trader and i want to use her account but her business is not registered. I am working aboard and i send money into her account. So, did she need to go and register her business to show pof or just affidavit and letter of sponsor?
It's always best to provide evidence of a source of funds..either business or employment.
In any case, it's good she gets her business registered
@@PeterIsesele thanks sir
Hi peter can I use my Dom joint account with my husband as POF????
Yes...
Please for Self sponsored but have lump sum of deposit in my account from my father . How do I explain this. The sum is a support from him towards my study. Should this be explained in my SOP & will he be required to write letter of support and provide his Bank statement too, will this be necessary since he has transfered the money to my account already?
He can write a letter of support..
Showing his bank statement is optional.
Thanks for this, if I am using student finance loan as my pof and also fund from my sponsor…. how long will the money has to stay in my account . The loan actually covers and even more for all my expenses for the first year but just to provide more pof, I still want to use fund from my sponsor…..my question now is can the money from the sponsor be sent anytime to my account like a week to submitting my application
You sponsor can show the money in their account.
hello, just came across your page. and thank you for the informative video. i want to find out how the money needed for tuition is calculated, i mean, should it be multiplied according to bank rate or black market rate? thank you
Bank rate.
Please, kindly explain how to show pof to my family that will not join me immediately but 6 months after I have arrived in Canada.
You don't need to show their POF if they are not joining you immediately. And if they are not joining you now, you don't need to mention that they will join you in 6months.
Hi, can a friend who is a Nigerian sponsor a Ghanaian who is applying for a study permit? he got his accounts ana business in Ghana.
Friend is not the best to sponsor.
Using a business account is not a good option
This is gold thank you
Can I use two different bank statements that's one from my dad and the other from my uncle since my dad does not have sufficient fund to show that he can sponsor me
Yes...You can use two Bank statements
Ok thank you
Thank you sir for this video... But in a case where the person sponsoring you(like one's father) is retired but has the funds to pay.....Do we need to explain his occupational state
You can explain that he is retired and has funds. If you have documents to show his retirement, that will be good
@@PeterIsesele thank you so much sir. I really appreciate it
What if I live in the US and sponsoring my sister. But we don't have large sums of money in the bank except our income that we get from our jobs. Will that be enough?
It depends on the closing balance in the account
Please my savings is in dollars, that’s in my domiciliary account, can I print that to show proof of funds?
Yes..That's also acceptable
Please I need a technical advice and guidance in documentation and POF
Check out my contact details in the video description
Hi Peter, great job you are doing. Please my dad is sponsoring fully and he has transferred the money to my account . If I am submitting my personal MBS and his MBS do I still need to submit my salary account or my payslips would be okay.
Submit as many documents as possible.
Submit the pay slips
Please how do the Visa officer calculate POF do they use official rate or black market rate?
Mostly the official rate.
@@PeterIsesele thanks
Nice video bros. Pls if the husband is sponsoring his wife does he have to do an affidavit of sponsorship....
It's better to do it.
Hi Peter, Great content! I have 3 personal accounts, but I only get paid salary to one. I am able to get a small loan from that bank to make up the total pof amount. Is it okay if I send all the money to one of the other accounts (5 months in advance)- one of the accounts that I don't get paid to? Or will they want to see the statement from the account I get paid from?
If the money in the other bank is your savings, you can show that even if it's not the salary account. YOU can show both account instead of moving the money
If you are admitted for 2 years program in Canada, will your living expenses still remain 10,000CAD or 20,000CAD?
You have to show one year living expense + 2 year program fund
Are we showing a dom account or normal NGN account
Anyone works...or even both
Please I need your advice, I want to use my brother in-law as my sponsor, and he is also my employer. Can I go with my family.? Or I need to show them my own personal account too for 6 months?
Please what about visiting visa to Canada, how much fund do I need in my account, nobody is inviting me
Check Cic website for the current visa visa requirements
@@PeterIsesele I appreciate you for replying, but please what is CIC?
If I have funding in my school that covers my tuition and living expenses for two years can I use this proof of funds for my dependents too ?
Hi Peter, thanks for the update. Please, is 10 million cfaf enough for proof of funds as a student in saskatchewan college for one excluding flight ticket.
You need a minimum of one year tuition plus cost of living for visa application
@PeterIsesele it, therefore, means that i need 20000 cad, right?
Great video !!!!!!!!
Hi Peter, just wondering what your thoughts are on choosing between a one-year PGD and a 2yr MSC program with the end game of getting PGWP and eventually PR. Thank you
With one year pgd, you will only get 1 year pgwp. But with 2years masters, you will get 3 years pgwp
Hi, Peter, thank you for sharing your experiences. I am wondering what would do they do after your one pgwp? Do they force you to leave the country?
In cases where you can't find jobs after pgwp.
@@abrhamtoma1814 werey😂
@@xfh35m😂😂😂😂😂😂😂 I need to laugh for 24hrs on this ..hun hun ..they won't force o..they ll pat u in the back and weldone ..just stay with us illegally ..based on who you be 😅😅
Hi Peter you are a life saver.
Please if my company is sponsoring me is it a must that the money stays in my account for 4-6 months before applying for the visa
If it's company that is sponsoring you, they should have ×5 of the amount you need
Thanks Peter for this great insight. I have a fixed deposit account that has been running for over 6 months, can this be used as POF?
Only if you can access the money in a short time when needed
Hello thanks for this very good points and clarification. I wish to ask if I can get a GIC . I am from Cameroon. I think this is only for some specific countries
Yes.
Hello Mr Peter, thanks for this content. My question is, is it acceptable if the sponsor deposited entire amount that covers both tuition and living expenses in cash into the applicant’s account due to the nature of the sponsor’s business? The bank statement shows the name of the sponsor and affidavit of sponsorship was also added but the applicant was denied visa. What can someone do in this kind of situation? Although the application was submitted a month after the sponsor deposited the money.
Maybe the sponsor can use their own personal account to sponsor...instead of sending the money to the applicant
Lawal Hammed Tunde did u show proof of relationship between u and ur sponsor?
@@alfredvictor7158How can one show such proof in case your sponsor is ur bro.
Lawal hammed tunde did u provide gift deed?
You have to convince them how that money got into your account, you may want to register your business or you are working. Prove to them that the money have been in your account for at least 6 months....they want to be sure that once you are done studying, that you are coming back to continue with your business or work.
Sir I have bank statement for the past four months, will it be accepted? Or must it be six months?
Pls I will like to ask how much will I need to provide as POF for my SOWP for myself and my two kids
Minimum of $4k CAD for you and $6K CAD for your two children... But the more, the better
Thank u so much
Can I just sum everything up and present 10million
For funds available can i put 16,000CAD, for a tuition fee of 15000CAD in total for 2 years, is it too small?
Funda available must cover you tuition balance and one year cost of living.
Hi Peter, thanks for this video and the explanations. In my case, it's my uncle ( my mom's brother) that is my sponsor, but I have heard people say that it's best if it's someone from my immediate family that is my sponsor. What's your take on this?
Immediate family member is the best option.
Thanks sir, please if am doing a 2years program ,must i show proof of fund for the 2years? Or is one year proof of fund okay? Thanks
Minimum of one year
Thanks sir
I’m scared to accept my admission because of pof I don’t know how or where to start with my acceptance.
You can contact me through my website.
I can look into your situation..
Www.gradnext.com
Thank you so much for the information. Is it possible one opens an account in Canada while still in Nigeria
No...
Sir do I have to start a particular business so I can show and prove I’m the one sponsoring myself. Because I have up to 10000 cad in my account
hi, very informative. please do i need to provide proof of funds with the amount in account for 4-6 months as i already have it in account for 2 months but this is almost April and September is around the corner.
Thanks for this handful of info.
Please, can I use the account of someone in Canada as my proof of fund?
The person has to be a family member.
I need assistance to apply for a visitor visa
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Hi Peter, thanks once again for your video. A company that i once worked as an intern wants to sponsor my tuition only. However they are only willing to transfer the money once i get my visa approved but they are also willing to help with visa application POF. my question is, do they need to transfer the money now in my bank account while i apply or all they have to do right now is provide an affidavit confirming that they will sponsor me followed by the company's bank statements?Because my worry is that the money from the sponsoring company needs to be in my account when i apply for visa.
You can get a solid sponsorship letter from them and the proposed amount they want to sponsor you with. They don't have to send the money to your account.
You can get a strong letter of sponsorship from them and affidavit. They don't need to send the money to your account.
If my mom's business is sponsoring me and sending the entire amount for the cost of living to my account, must i have the past 4 months statement of the business's account? Because there is no income in my account as i havent been working
You may just show the month where the money was sent from the business account.
Some people don't even add the business account statement
Canada is 6 months.
After uploading the bank statement of 6 months, does the funds have to be in the account till IRCC makes a decision ?
IRCC can check with the bank to confirm the authenticity of the bank statement. But banks won't release the available balance to them
@@PeterIsesele Thank you, sir.
In my situation, my mum is my sponsor, she’ll be providing her business bank statement of about 17m, there’s an issue with her personal account, so she uses that account for both personal and business purposes.
After printing the bank statement of 17m, I was worried the account balance will definitely be fluctuating since she’ll be using the money for business transactions. So I don’t know if that’ll be an issue with IRCC. She also provided her CAC, tax clearance, landed property docs and car documents
When going for a two years course, do I need to have the tuition and living expenses of two years as POF to apply?
If you have for two years, that's very fine..
If that is not available, minimum of one year
Pls if my dad is sponsoring me did I need to write a letter of sponsor
It's best for him to write a letter of explanation
Pls sir i want to go to canada as an undergraduate students must i do an account as a prove of fund or can i use my father account since my father is the want sponsoring me. Thanks sir waiting for yur reply
Hi Peter, if I take a loan for tuition, can the remaining proof of funds be restricted to my living cost.
You only need to now show POF for cost of living..
@@PeterIseseleHello Peter, great work you are doing sir, the grant loan you talked about can it be collected for both tuition and living cost?
What if u just finished stopped working 5months ago and applied with a certificate of employment as a chef in united Arab Emirates? Can that person still use a POF of 1month?
Irrespective of whether you are employed or not, you still have to use 4 to 6 months bank statement
@@PeterIsesele sir, pls can use someone that's not related to him as a sponsor?
Hi bro, is Gift deed from siblings and A particular amount fixed for the purpose of study part of proof of fund
It can be used.
A fixed deposit certificate was used in my first application but I was refused visa. How does using an Mpower loan for reapplication appear. I would be having like 5-8 million naira in my bank account for living expenses. The loan would cover tuition for 2years.
You will have of Write a very convincing LOE
Thank you so much. I would appreciate it if you would answer my question.
Can I show proof of funds from two different banks? One in Naira and the other in dollars (Domiciliary account). Thanks
Yes you can!
Mr Peter how much proof of funds for family of 5 visitors visa for 6 months
Minimum of 20 to 25k CAD
Hello sir, If you are admitted for a four years undergraduate program, will your minimum living expenses be 10,000cad?
They mostly require you to show minimum if one year living expenses, which is $10k CAD
Thanks for this video. What if one is working, and your going as a nurse, though have not gotten work there yet, and ur going with your husband, how much is needed to show as proof of fund?
Best to check the POF requirements for work permit on ircc website
Thanks for the video,I have a question, please an agent apply for me to Canada entry but I didn't go for the biometric and now I got admission in Canada I don't know if it will affect me
If you applied initially and didn't go for Biometrics, then that application is not validated.
Thank you
Who can I use as a sponsor apart from my family member,can an outsider be my sponsor
hello mr peter here is my question my vistor visa get refuse due to the insufficent fund has they state like how much should someone have in her acct both bussiness and servings, secondly like how many month it take me to reapply since i just get refuse but my biomatic still valid till 2031,thirdly is its possible me to choose another path like school to reapply pls your respond is needed sir thanks
Many people give a minimum of 3 months before reapplying.
Please can a friend of my dad who is a US citizen show his bank statement as my sponsor since my parents are just pensioners? I have paid my first semester college fees and my program is just one year so he’ll be sponsoring for cost of living for one year and just part of the second semester fees.
You have to be able to justify in your letter of explanation why he is sponsoring you
@@PeterIsesele noted, thank you!
Is there any graduate school in Canada to that one does not need a supervisor approval to apply?Ecology or fisheries field.
Most research programs require supervisors.
I can't tell you which schools or programs don't require a supervisor.
When you check any school of interest, they will tell you if they require a supervisor or not for a particular course
Hello Peter
I’m in express entry pool, I lived in USA from 2014 to 2020, I have most of my money in my US bank account, I moved back to India in 2020 and I applied for express entry and I’m in the pool, is it fine if I show my proof of funds in my US account or am I supposed to show from my Indian bank account as I’m applying from India
You can use your USD account
Hi Mr Peter, for the sponsorship, does it have to be a direct sibling, what if the person is like an uncle and we don’t bear the same surname ? Can it work? Will the person still be able to write a ketter
If its an uncle, he will still have to write a letter of sponsorship
@@PeterIsesele again how do u prove ur relationship with ur uncle
Hi Mr Peter thank for all the update assistance, pls can my uncle use his account has POF to sponsor my wife on 2yrs Diploma?
Yes.. He can.
But you can find a way to show the proof of relationship
@@PeterIsesele thanks, we both shared same surname, should attach picture taken with my wife n uncle as part of proof of relationship?
Hello Mr peter, thanks for this great content, for someone who wants to transfer from his business account to his personal account when can he transfer the money, should it be six months ahead or anytime and will he still show statement of account of the business account he transferd from ? Thank you.
You can do that minimum 3 weeks to 1 month before you apply.
Please for a year grad cert if one pay for the tuition for year , does it reduced the POF or are you going to deduct tuition from the a year tuition+ 10000 CAD?
if you have paid the complete tuition for one year, you will only need to show the funds for cost of living
Do I have to pay the whole school fees or half of it ?
The school will state what they require for the sake of visa application. Either tuition deposit or first semester
If you pay for the full tuition for the first year...for a 2 year program, your POF will only consist of the full tuition for the second year right? Along side living expenses and miscellaneous yea?
Yes, the first year cost will de deducted from your whole POF.
So even after paying my tuition, do i still need to show 10k CAD in my account for cost of living??
Yes.
Hello Mr Peter, you're doing a great job, In a situation were the applicant is going for study with her spouse and kids, is it advisable for her spouse to be her sponsor and they use his account statement as proof of fund?
Anyone works..Either husband or wife can show their statement or even both.
@@PeterIsesele thanks Mr peter
If you paid half of the tuition fees and they rejected you, will your money back from the school?
They will refund the tuition if you show them the visa denial letter.
is fixed deposit considered as proof of funds?
Depending on the maturity date. If the date is near, then that's fine.
Pls sir since my inlaw is sponsoring me, do I still need to have living exp of 10,000 cad in my own personal account or I will hold it cash. I mean once I get to Canada embassy will they request for my living exp at hand. Or it will be saluted in my sponsor account
They may just ask about funds at the airport. But they won't ask you to show the money.
Thank you so much sir
Hi Peter. Thank you for this video, its really an eye opener to so many things.
Kindly advice, what is the process and requirements if I want to leave in Canada. I have an online business that makes me good money monthly, I can do my business from anywhere. What should I do?
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