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schedule 3 - funds

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schedule 3 - funds

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Old Nov 1st 2009 | 12:00 am
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Default schedule 3 - funds

On schedule 3, Q10 asks for amount of unencumbered funds - transferable and avaialble funds you have, in Canadian dollars.

How have posters worked this out, bearing in mind the severely fluctuating exchange rate at the moment? There is no space for putting in the exchange rate at the time you convert. Is it best to just pick a day when the rate is good?
 
Old Nov 1st 2009 | 12:13 am
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Default Re: schedule 3 - funds

Originally Posted by singingringingtree
On schedule 3, Q10 asks for amount of unencumbered funds - transferable and avaialble funds you have, in Canadian dollars.

How have posters worked this out, bearing in mind the severely fluctuating exchange rate at the moment? There is no space for putting in the exchange rate at the time you convert. Is it best to just pick a day when the rate is good?
I would just whatever it is on the day you convert it. I would imagine CIC would use the rate on the day THEY check your forms to see what it actually is at that time.
 

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