I have a question regarding proof of funds and hope someone can answer it.
So, my wife has a term deposit for a year or so. Let's say the amount on the deposit was $50,000 and it was there for almost a year. Recently, the said amount was withdrawn completely and at the same moment/day an amount of $20,000 was deposited.
So, my question is. If I provide a letter from the bank stating that:
- there is a $20,000 on a deposit account
- will provide a 3-4 months statement where it will be shown that there was an amount of $50,000 for 3.5 months
- it will show that the above amount has been withdrawn, and
- over the last 2 weeks the deposited amount of $20,000 was at the same deposit account
Your answers will be highly appreciated.