Hi everyone,
If I have a foreign currency USD account under my name do I need to provide a trail of funds? These are cash deposits I made by converting local currency to dollars (from my monthly salary) and some of my dollars were withdrawn from a safety locker in the bank.
Secondly, if I have a joint account with my mother and I am the primary account holder do I need to show am affidavit saying the money has been gifted by her? It's a GBP account and again has cash deposits.
Yes, and yes. Include in your letter of explanation where the funds came from as a safety. And try and have the funds in your account for at least 6 months. With regards to the GBP account, it will be less drama if the funds can be transferred to an account you control, but I understand if that isn't possible. Combine both explanations into a single affidavit to make life easier
