Every year, thousands of Nigerians require Proof of Fund (POF) for different purposes — from studying abroad, securing immigration visas, to winning business contracts and tenders.
In all these cases, you must provide verifiable financial evidence that you have the required funds. But the process can be stressful, confusing, and time-sensitive.
That's where POF NG comes in. We provide legitimate, verifiable Proof of Fund and investment certificate documents tailored to your specific needs:
One of the most common reasons for a Canadian study permit refusal is "finances." Often, visa officers from countries like Nigeria are skeptical about the availability and source of funds in a standard bank statement.
To solve this, IRCC recommends the Guaranteed Investment Certificate (GIC). At POF NG, we advocate for the GIC because it provides the ultimate proof that your living expenses are already in Canada and ready to be used.
If you don't have the personal funds to secure a GIC, we can provide the necessary support at an affordable rate.
What is a GIC and How Does It Work?
The GIC is a program where you transfer your living expenses for the first year (currently $20,635 CAD) to a Canadian bank before you even apply for your visa.
-
Fund Security: Once you arrive in Canada, the bank gives you an initial lump sum (usually 30% of the total).
-
Monthly Stipend: The remaining balance is paid out to you in equal installments over the next 11 months to cover your rent, food, and other bills.
For Nigerians, CIBC is the preferred bank because it is widely available and tailored for international students from Africa.
3 Easy Steps to Secure Your GIC
Step 1: Application and Registration
Visit the CIBC International Student Pay portal. You will need to provide your student information, upload your international passport, and use your Letter of Acceptance (LOA) for address verification.
- Pro Tip: Choose to pay in US Dollars if you are paying from a Nigerian Domiciliary account.
Step 2: Payment and Wire Transfer
Once your application is approved, CIBC will send you an invoice. You will need to do a wire transfer from your dollar account.
- Money Laundering Compliance: Most Nigerian banks cannot send $15,000+ USD in a single transaction. It is often necessary to break the payment into two installments (e.g., $10,000 and $5,000) to ensure it is processed smoothly.
Step 3: Download Your Letters
Once the bank receives your funds, they will issue two critical documents:
Chat us Via Whatsapp to Get up to ₦500 million Proof of fund Today.
Whether you are applying for studentship, business deals, contracts, student visas, and immigration, we can fund you.
-
Welcome Letter
-
Investment Letter
These documents are your "golden tickets." Include them in your visa application to show the consular officer that your funds are verified and held in a Canadian institution.
Why Choose a GIC Over a Standard Statement?
A GIC eliminates the "lack of trust" factor. It shows the visa officer that your money is not just "resting" in a Nigerian account to be withdrawn later—it is already in Canada.
This significantly maximizes your chances of success, especially for Study Permit applications.
Struggling to Raise the GIC Funds?
Raising over $20,000 CAD plus tuition is a massive financial burden. If you are serious about your Canadian studies but lack the liquid cash to lock into a GIC, POF NG can help.
We provide Proof of Funds services and financial assistance to ensure you have the required balance for your application into your naira account instead of GIC deposit to show you have the fund required for your visa type.
e the person is depositing the fund out of their own money to secure Canada visa and PR without much documents.
Get Started with Your GIC Today:
Chat with our Live Support on WhatsApp for a consultation on how to fund your GIC.
External Resources
-
CIBC International Student Banking
_Disclaimer: POF NG provides financial support for documentation. We are not a bank or immigration legal firm.
Please verify the current GIC amount on the official IRCC website as rates are subject to change._
Official Resources
Victoria Ajetomobi
Victoria is an expert study abroad and visa consultant with years of experience helping Nigerian students and professionals navigate complex proof of funds requirements.
Chat with Victoria
