Timed deposits and certificate of deposit

[bestofluck]

It wont be in the account for 6 months,what can i do?i have a one year old bank statetment from the post office where i will move my money from

IF they are transferred from your own account with other bank just add the statement as you said. You need to show source of money. If they were transferred from parents account you need a gift deed and also source of money your parents got from.

 

[Wolverine17]

IF they are transferred from your own account with other bank just add the statement as you said. You need to show source of money. If they were transferred from parents account you need a gift deed and also source of money your parents got from.

It will be transfered by hand from the post office account

 

[kryt0n]

So show the statements from your account.

Why are you moving the money though? Wouldn't it be easier to leave them there and move them after aor?

 

[xpressentry]

This banking system sounds so weird to me. Withdraw cash from account and then deposit into another account. If you do a bank transfer, you can show trace of the funds.

 

[Wolverine17]

So show the statements from your account.

Why are you moving the money though? Wouldn't it be easier to leave them there and move them after aor?

First because its the post office and am not sure if a bank is a must plus the letter is not according to cic requirements

 

[Wolverine17]

This banking system sounds so weird to me. Withdraw cash from account and then deposit into another account. If you do a bank transfer, you can show trace of the funds.

There is no money transfer option at the post office

 

[kryt0n]

First because its the post office and am not sure if a bank is a must plus the letter is not according to cic requirements

Have you moved the money from your bank to the post office yet?

 

[Wolverine17]

Have you moved the money from your bank to the post office yet?

Its at the post office and i am thinking of doing the opposite

 

[kryt0n]

Its at the post office and i am thinking of doing the opposite

Right, ok. It is up to you. You can move it back into your bank but you'll have to show evidence that it has been in the post office account for over 6 months. You'll have to produce proof of transfer.

If you have to take it out in cash and deposit it it might be easier to leave it inthe post office account, and print off t's and C's showing you can withdraw the money at any time.

 

[Wolverine17]

Right, ok. It is up to you. You can move it back into your bank but you'll have to show evidence that it has been in the post office account for over 6 months. You'll have to produce proof of transfer.

If you have to take it out in cash and deposit it it might be easier to leave it inthe post office account, and print off t's and C's showing you can withdraw the money at any time.

I have bank statement from the post office and maybe will have a reciept of withdrawal and maybe reciept of deposit in the bank if i open an account

 

[kryt0n]

I have bank statement from the post office and maybe will have a reciept of withdrawal and maybe reciept of deposit in the bank if i open an account

If you can show a clear timeline, great. Put putting it in an existing account rather than a new one would be easier still.

 

[Wolverine17]

If you can show a clear timeline, great. Put putting it in an existing account rather than a new one would be easier still.

Will it make a diff if i withdraw the money or transfer it??

 

[kryt0n]

Will it make a diff if i withdraw the money or transfer it??

Transfer would be easier

 

[Wolverine17]

Transfer would be easier

Am asking because the post office will take 3-7 days for the transfer plus 1 percent from the total amount so is or worth it??

 

[kryt0n]

Am asking because the post office will take 3-7 days for the transfer plus 1 percent from the total amount so is or worth it??

That's your call. How long do you have left to submit your eapr?