Is gift deed option for Proof of fund is safe ?
- Thread starter Bhoomi12
- Start date
No need.. You can create a statement and submit it the very next day of creating FD. 6 months rule apply only for the money innbank account.
I need information regarding gift deed. I have taken some money from my father too meet POF and made a gift deed along with the cheque pic. But I have taken the pic of cheque before the BANK stamp on it. Money has transferred to my bank. The question is do I need I need to take pic of cheque with bank stamp on it?
Kindly someone guide me.
Kindly someone guide me.
In my case, gift deed was made and given by dad.. I deposited the amount in band and once the money was reflected in bank, we took bank statement. IBank statement reflecting the money and gift deed was was submitted as POF
can my mother write me gift deed for required POF from the amount she received under a personal loan form her bank ?
Gift deed will be a separate document, better to get it notarized by a lawyer in canada.
I am not an expert, however, other people have recommended to use one Gift deed in this forum. you can one thread from legalfalcon about gift. Its very informative. If the money is in your or husband account for more than six months then you dont need to show gift deed. you dont need a gift deed from husband , if you are showing his account then you can only submit one affidavit from him that these funds will be at your disposal.
Hi, My father credited the amount for my settlement in Canada in multiple transactions over the period of a few months.
I was however, not satisfied with multiple transactions, so I transferred the amount back to my father's account and requested him to formally gift me the money through a single transaction and by declaring it in a formal notarized affidavit.
Then my father credited the gifted amount in my other bank account which was in dormant for a few years through a Banker's Cheque which doesn't have my father's name on it.
I have the Scanned copy of Banker's Cheque
Bank Statement of this reactivated (previously dormant) bank account
Notarized Gift Deed
Is sufficient enough? Do I need to include the bank statements of my first account having the credit of POF money in Mulitple Transactions?
Do I need to include my Father's Bank Statement to prove the credit of gifted amount in my account?
I was however, not satisfied with multiple transactions, so I transferred the amount back to my father's account and requested him to formally gift me the money through a single transaction and by declaring it in a formal notarized affidavit.
Then my father credited the gifted amount in my other bank account which was in dormant for a few years through a Banker's Cheque which doesn't have my father's name on it.
I have the Scanned copy of Banker's Cheque
Bank Statement of this reactivated (previously dormant) bank account
Notarized Gift Deed
Is sufficient enough? Do I need to include the bank statements of my first account having the credit of POF money in Mulitple Transactions?
Do I need to include my Father's Bank Statement to prove the credit of gifted amount in my account?