Date –

Respected Madam/ Sir

I writing this letter to validate the source of funds that I will be using for my visit to Canada. My father in-law, Mr Faruq Hossain and mother in-law, Mrs Rehana Parvin will be sponsoring my visit. For your kind review, I am elucidating their liquid assets and bona fide sources of their earnings in the country of our residence, i.e. Bangladesh.

Mr Faruq Husain is the sole proprietor of Refat Enterprises, an established construction firm in Dhaka, Bangladesh. He is maintaining a (FDR) Fixed Deposit Receipt (A/c No-_______________________) at United Commercial Bank, Dhaka branch, of BDT 52,70,000 which is equivalent to CAD 78,516. He is also the sole signatory and holder of the Current Bank account with the same branch (A/C No-____________________) which has a balance of BDT 18,68,324 (CAD 27,835) as on 21^st March 2021. He has accrued this wealth through hard and honest work carried out as a construction firm owner. Recently he has concluded building construction work for one five storied housing  and one five storied school building for the Congregation of Holy Cross, St. Joseph Province, Dhaka including sundry job work of boundary wall construction and other utilities. The net invoiced amount of this work order is BDT 3,43,13,580. Similarly, he has many more prestigious contracts to his company’s credit, thereby acquiring legitimate wealth over the course of past few years.

My in-laws are a well to do family residing in Dhaka, Bangladesh since (mention year). They have handsome earnings through business and rental income with which they are very able to amply suffice their needs and my stay and living expenses in Canada. Additionally, they have five residential properties in Bangladesh that enables an annual Rental Income of BDT 6,00,000 or CAD 8939 for them. The combined market value of these apartment properties is 2,09,12,000 or CAD 3,11,561. As per the last audited financial statement as on 30^th June 2020, his construction form, Refat Enterprises, has a Business Capital Fund of BDT 1,12,67,468 (CAD 1,67, 870) and he earned a Net Profit (after tax) of BDT 37,54,566 as per the same financial statement.

The amount of the FDR Receipt, BDT 52,70,000 is sufficient and will be solely used to sponsor my visit and stay in Canada. Being a well-established family, my in-laws will be able to comfortably provide for any further funds that I may require during my stay in Canada. Their annual earnings from the business and rental income is upwards of BDT 37,00,00 which clearly indicates that they have sufficient funds and regular income to sponsor my visit.

With this letter, I am attaching the proof of Bank FDR, Rental Incomes, Business Financial Statement, Proof of Business Invoices, duly attached by a Chartered Accountant and Bank Officer for your perusal.

I solicit your propitious review of their sponsorship intent and financial eligibility to fund my visit and accept the sponsorship of my in-laws and the source of their funds. Should you require any further documentation or have any further concerns regarding my application, please contact me. I will promptly resolve your queries to the best of my capabilities.

Thanks and Regards
(Name)
(Passport Number)