Is gift deed option for Proof of fund is safe ?

[Pasha1]

Hello guys. If I deposit my money in Fixed Deposit account , should I still wait for it to stay there for at least six months?

 

[vis.sneha]

Hello guys. If I deposit my money in Fixed Deposit account , should I still wait for it to stay there for at least six months?

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.

 

[Pasha1]

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.

Thanks a lot!

 

[ambitious1234]

I got money from 2 sources (my father and spouse).......I deposited all the money in one account (my father's account) and had that transferred in my account and subsequently obtained a single gift deed from my father..I have already received visa and CoPR...........

did you receive full amount as gift ?

 

[Fasih Khan]

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.

 

[vis.sneha]

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.

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

 

[ajb12]

If your sibling is transferring fund to your account within Canada, does the gift deed has to be made in bank letter head or can we make a document(pdf/word)?

 

[playstationg2]

can my mother write me gift deed for required POF from the amount she received under a personal loan form her bank ?

 

[ambitious1234]

If your sibling is transferring fund to your account within Canada, does the gift deed has to be made in bank letter head or can we make a document(pdf/word)?

Gift deed will be a separate document, better to get it notarized by a lawyer in canada.

 

[Laideraey]

Hi
I received ITA and for proof of funds i am showing gift deeds from my mother and father and from my husband too..my husband recieved money from his parents as a help because from 3 years he was monthly transferring those amount in their account.
Can show 3 gift deeds?
Whether my husband need to show the source of funds? And he should also have to show it as gift deed?
I am in real confusion as i will submit almost 3 gift deeds affidavit.
Moreover, i am doing all this because this all income are genuine even they didn’t borrowed from anyone
Is it ryt to show more than one gift deed?
Please help

 

[ambitious1234]

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.