adebayoolatunji:
yes. She has a company registered in her name..do u mean 3million is not sufficient fund to show the VO that she is capable to sponsor me after paying my tuition fees...

olah23:
Yes they do stanbic 202 after 10days u pick up, sterling bank headquaters sterling towers marina 200 after 48hrs.. but try to talk to d manager n HOP

humbleosazee:


Pls note, processing ur application takes 10 weeks

Bandeco:

PLEASE CAN YOU GIVE MORE DETAILS CONCERNING APPLYING WITH A SPONSOR PERSONAL ACCOUNT INSTEAD OF BUSINNESS ACCOUNT

Bandeco:
It depends... I guess ur yearly school fees and living expenses will be above 3million... If you have paid school fees then you can convince the VO with 3million. Otherwise I will advise ur sponsor to try as much as she can to top up the account to let say 5 to 6million even by borrowing. The VOs find it hard to believe that someone will deplete all his/her savings to fund ur education in Canada .. Visa authorities work with logic.. They don't know you so they access ur base on logic..

In trying to build the account she should avoid lump sum... If you are going for September intake, you still got like 2months to fine-tune ur application...

Ps- my position is not static.. I know situation do change and people has offered testimony of successful application with such amount in SOA... But am saying this base on experience.. Overall prayer is key

I wish you good luck in your application..

Bandeco:

Yeah you are right... That is why I stated that he has no much time left to build account now to submit since his program starts in September. Except he defers his program to winter ..
Your second point too is valid and I also stated he will have a hard job to do to convince the vo that the person will make the funds available for him.. It's hard but possible. Another point is that the said non-relative has a company account. We all know submitting company account is kinda risky especially when the person is not the sole signatory to the account. The Vo. s hardly believe that someone can commit such huge funds to fund a non-relative education from a company's account. To them it doesn't make sense that someone will impede the operation of a business just to fund a persons in Canada. More so, when the applicant is not a staff of the company and the applicant training in Canada won't be a long-term benefit to the company .. A friend of mine used a company's account two years ago and she was denied base on the reason I stated above. She reapplied with the persons personal account and her application was granted.

adebayoolatunji:
I would have paid the first semester tuition fees and still have 3 million naira on my sponsor statement of account which is my mom. Do I still need to top it up with more fund or I'm go to go with that 3 million naira.....my next question is that do banks still give Form A fx for students to pay for tuition fees

adebayoolatunji:
I would have paid the first semester tuition fees and still have 3 million naira on my sponsor statement of account which is my mom. Do I still need to top it up with more fund or I'm go to go with that 3 million naira.....my next question is that do banks still give Form A fx for students to pay for tuition fees

bjstarpex:


To study in canada you must have a minimum of #1.46m per year apart from your Tuition fee "according to cic" and that is almost 50% of your sonsors balance, VO's are not fool to believe your sponsor can give you 50% of is account expecialy if not your parent or parent which other dependant apart from you.
So i advice you find a sponsors account with more funds even if th last name is different

adebayoolatunji:
but it is stated on their website that u must have a minimum balance of ur first year tuition fees + 10000 feeding and room plus 3000 transport fare

adebayoolatunji:
but it is stated on their website that u must have a minimum balance of ur first year tuition fees + 10000 feeding and room plus 3000 transport fare

Bandeco:

U seem not to get the gist. ... Is the 3million naira ur personal fund? Is it in your personal account? Let's assume ur total study expenses is 3million naira for a year and ur sponsor decide to transfer this 3million into ur account to show some committment of sponsoring.. After transferring this said amount to ur account, her account balance will be N0. 00. If she shows a zero account balance statement of account to the VO, do you think the VO will issue you visa? Of course Not because, the VO isn't stupid to believe that someone will ground her account to zero balance just to train you in Canada.. Does it make economic sense.

Just know that if you submit a sponsors account with 3million as closing balance(which is likely below ur yearly expenses), there a very high chance that you will be denied base on insufficient funds.. That 3million naira is way too small

Bandeco:

U seem not to get the gist. ... Is the 3million naira ur personal fund? Is it in your personal account? Let's assume ur total study expenses is 3million naira for a year and ur sponsor decide to transfer this 3million into ur account to show some committment of sponsoring.. After transferring this said amount to ur account, her account balance will be N0. 00. If she shows a zero account balance statement of account to the VO, do you think the VO will issue you visa? Of course Not because, the VO isn't stupid to believe that someone will ground her account to zero balance just to train you in Canada.. Does it make economic sense.
Just know that if you submit a sponsors account with 3million as closing balance(which is likely below ur yearly expenses), there a very high chance that you will be denied base on insufficient funds.. That 3million naira is way too small

guru1234:


CAN U GIVE CLEARER EXPLANATION AS TO THE MAJOR REASON PERSONAL ACCOUNT IS FAVOURED MORE THAN A COMPANY ACCOUNT

BreadandBeans:
I think @Bandeco is right with that point.. I submitted my dad's personal account and his company's account too and when I picked up my pp along with all my documents, there was traces of black biro on my dad's personal account, I think the v.o was trying to calculate the transactions on the account but the company's soa was too neat- it was as if nobody touched it.. so from my own perspective, I think submitting your sponsors personal soa is better than submitting only his company's soa, you can just use Company's soa as back up

adebayoolatunji:
pls bro how much do u have in ur dad statement of account

BidemiZoe:
Hi peeps,I need ideas and suggestions on things to do in preparation for my trip to Canada...
Please the gurus in the house that are ahead in the journey should please guide. I appreciate in advance.

BreadandBeans:
7.5m closing balance with good cash flow

BreadandBeans:
I think @Bandeco is right with that point.. I submitted my dad's personal account and his company's account too and when I picked up my pp along with all my documents, there was traces of black biro on my dad's personal account, I think the v.o was trying to calculate the transactions on the account but the company's soa was too neat- it was as if nobody touched it.. so from my own perspective, I think submitting your sponsors personal soa is better than submitting only his company's soa, you can just use Company's soa as back up

adebayoolatunji:
nawa ooo....my sponsor can only afford 4 million... What do u advice

BreadandBeans:
I think @Bandeco is right with that point.. I submitted my dad's personal account and his company's account too and when I picked up my pp along with all my documents, there was traces of black biro on my dad's personal account, I think the v.o was trying to calculate the transactions on the account but the company's soa was too neat- it was as if nobody touched it.. so from my own perspective, I think submitting your sponsors personal soa is better than submitting only his company's soa, you can just use Company's soa as back up

BreadandBeans:
the most important thing is how stable the inflow and outflow of cash is on the account- I mean how often your sponsor credits the account and withdraws from it, then if the 4million is more than your tuition and living expenses for a year, you're good to go

thesoj:
Congrats on your TRV.

Travel/POE tips:
https://www.nairaland.com/2557850/travelling-canada-part-9/153#40304339

https://www.nairaland.com/2557850/travelling-canada-part-9/159#40374266

Accomodation search:
www.kijiji.ca

Flight ticket pricing:
http://matrix.itasoftware.com
Use this site to get the cheapest estimate for flights and then get a travel agent to secure the ticket for you. Alternately, try expedia.com or kayak.com.

General life in Canada advice:
https://www.nairaland.com/2035081/travelling-canada-part-7/216#31187849