Gift deed as proof of fund

[Sabeen99]

Hello guys,

Currently, I am in Canada, I don't have enough money on my bank account here and my parents are willing to provide me a settlement fund. My dad will deposit the required amount on my bank account through cheque. But the problem is my parents are back home and I am here in Canada. So I will not be able to sign off the gift deed paper. So is it okay if the gift deed is only signed by my dad? And also is it okay just write it in plain paper and signed it off by my dad?

 

[Sabeen99]

Any thoughts expert ?

 

[ECLN]

It’s definitely ok to get the entire sum in gift deed, though I’m not sure about the rest. I’m getting 1/3 of the needed funds from father in law, he will write a letter on a plain paper. I didn’t even know that I should sign it...would be nice to hear back from seniors. I don’t want to get it notarised as notary in France takes 10% of the sum.

 

[Sabeen99]

It’s definitely ok to get the entire sum in gift deed, though I’m not sure about the rest. I’m getting 1/3 of the needed funds from father in law, he will write a letter on a plain paper. I didn’t even know that I should sign it...would be nice to hear back from seniors. I don’t want to get it notarised as notary in France takes 10% of the sum.

Thank you so much for your reply. I have one more question, when I receive the funds do I need to deposit it as a fixed deposit or it is just fine to deposit as a normal savings?

 

[ECLN]

Thank you so much for your reply. I have one more question, when I receive the funds do I need to deposit it as a fixed deposit or it is just fine to deposit as a normal savings?

Just a normal savings account is fine

 

[mohammadahmedjilani]

I have applied through consultant. My wife is the primary applicant and my father gifted her the amount for the proof of funds with no intentions to get it back. The amount was transferred using cheque of the bank. My consultant has mentioned this in the note but didn't make the gift need. I have got the AoR. What do you think ? Is this going to be a problem for the proof of funds? What are the chances that I will get the ADR to submit the gift deed?

 

[sam3218]

I have applied through consultant. My wife is the primary applicant and my father gifted her the amount for the proof of funds with no intentions to get it back. The amount was transferred using cheque of the bank. My consultant has mentioned this in the note but didn't make the gift need. I have got the AoR. What do you think ? Is this going to be a problem for the proof of funds? What are the chances that I will get the ADR to submit the gift deed?

You don't get AOR for everything. The onus to provide all the required documents is on the applicant at the time of application. CIC has right to refuse applications without any additional documents request.

Gift deed was essential in your scenario and should have been provided in order to show origin of funds. My opinion is that if your AOR is very recent, you can upload gift deed through CSE but let more experienced members respond to your query that what if anything you can do now. @Peacekeeper87 your thoughts ?