Investment funds

[aby00156]

Hi Guys,

I have got 50k in my account. that money was transferred by my father from overseas to my account for my business/visa. Now since the money is in my account; do I still need to provide proof of that money or just my bank statement would do.

[Olasunkanmi]

@ aby00156, if you can also submit your father's bank statement to show as evidence of the source of the fund, it will really help your case as caseworker won't have any reason to doubt your source of funds.

There are lots of applicants who got refused for simply having funds which the caseworker assumed is not theirs.

[bubbly123]

@olasunkanmi I am in the same boat and I have kept my dad's transfer certificate (tt copy for the swift transfer) and my dad's passport copy and a letter from dad that I do not have to return the money as it is a part of my inheritance from my dad. Am applying in three days, are these docs sufficient?

Please reply as am preparing to apply this Thursday !

[ajaypratap11]

Hi Aby,

From which overseas bank did you tranfer the money?

[bubbly123]

@Aby: From India, what about yourself?
It's must you have to give evidence for source of funds.

[ajaypratap11]

I had showed in my father account (hdfc bank).
Now I would like to tranfer the fund but hdfc currency rate is too high .
According to xe rate is 99.30 and hdfc transfer rate is 103.00 that why I asked how did u tranfer the fund and which bank is it?

Thanks

[aby00156]

I had showed in my father account (hdfc bank).
Now I would like to tranfer the fund but hdfc currency rate is too high .
According to xe rate is 99.30 and hdfc transfer rate is 103.00 that why I asked how did u tranfer the fund and which bank is it?

Thanks

@ajaypratap : I used Bank Of India ... they transfered at a rate of 99.70Rs.

[Olasunkanmi]

@olasunkanmi I am in the same boat and I have kept my dad's transfer certificate (tt copy for the swift transfer) and my dad's passport copy and a letter from dad that I do not have to return the money as it is a part of my inheritance from my dad. Am applying in three days, are these docs sufficient?

Please reply as am preparing to apply this Thursday !

Yes your documents are more than sufficient.