POF - Gift Deed / Average funds

[waleedbinrasheed]

Guyz i have a question here. Although ive been following the process from quite some time and have the idea but want to reconfirm. Specially from the ones those have already been in similar case.

If my father wants to support me by gift deed then please confirm following:

1. Do i still need to show my last 6 months average?

2. Do i need to show the payer ( and payees and do i need to show 6 months average? Or am I bound to keep that deed amount in my account for 6 months and then show the average balance?

 

[sam3218]

Guyz i have a question here. Although ive been following the process from quite some time and have the idea but want to reconfirm. Specially from the ones those have already been in similar case.

If my father wants to support me by gift deed then please confirm following:

1. Do i still need to show my last 6 months average?

2. Do i need to show the payer ( and payees and do i need to show 6 months average? Or am I bound to keep that deed amount in my account for 6 months and then show the average balance?

1. No
2. No

 

[waleedbinrasheed]

1. No
2. No

Hi,
Thanks for answering.

Does this mean, if I get the gift deed funds transferred just a week before ITA, does it work?

 

[sam3218]

Hi,
Thanks for answering.

Does this mean, if I get the gift deed funds transferred just a week before ITA, does it work?

Yes

 

[Abimbolanre]

Guyz i have a question here. Although ive been following the process from quite some time and have the idea but want to reconfirm. Specially from the ones those have already been in similar case.

If my father wants to support me by gift deed then please confirm following:

1. Do i still need to show my last 6 months average?

2. Do i need to show the payer ( and payees and do i need to show 6 months average? Or am I bound to keep that deed amount in my account for 6 months and then show the average balance?

1.I would strongly advise you to include your 6 months bank statement else ADRs will follow.

2. You don't need to include your father's statement and it is not necessary to keep the money for 6 months.
Just include the gift deed and include a letter explaining the transaction.

 

[waleedbinrasheed]

1.I would strongly advise you to include your 6 months bank statement else ADRs will follow.

2. You don't need to include your father's statement and it is not necessary to keep the money for 6 months.
Just include the gift deed and include a letter explaining the transaction.

Thanks for advising.
What is ADRs? Wonder if im missing something important here?

 

[Abimbolanre]

Thanks for advising.
What is ADRs? Wonder if im missing something important here?

ADR means Additional Document(s) Request

The case officer may request for more documents to substantiate what you have submitted and this will slow down your processing.
So, it's better to submit all required documents at the initial stage.