+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

Financial Proof: Parents FD

nups123

Newbie
Nov 15, 2018
3
0
Hi, I am showing my parents' FD as proof of funds.. I am however confused as to what should i do about it?

1. Do i need to liquidate the FD and transfer money in my account?
2. Do i show a gift deed and officially get the FD transferred in my account?
3. Or do i simply get a bank's statement with their FD existence and a gift deed?
4. or there is something else that needs to be done?

Kindly help..
 

cansha

VIP Member
Aug 1, 2018
6,676
5,855
Hi, I am showing my parents' FD as proof of funds.. I am however confused as to what should i do about it?

1. Do i need to liquidate the FD and transfer money in my account?
2. Do i show a gift deed and officially get the FD transferred in my account?
3. Or do i simply get a bank's statement with their FD existence and a gift deed?
4. or there is something else that needs to be done?

Kindly help..
1 & 2.
 

nups123

Newbie
Nov 15, 2018
3
0
Thanks for your reply.. Technical issue: I can get the FD transferred in my name without liquidating it? along with a gift deed ????
 

FAIZAFAISAL

Full Member
Oct 3, 2018
37
7
Category........
FSW
NOC Code......
2173
App. Filed.......
03-10-2018
AOR Received.
03-10-2018
It would be best to get the amount in your account from ur parent account. Then in your account create an online FD in your name. Then make sure than u get a gift deed and affidavit stating the account transactions details and signature from ur parent.