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Gift deed multiple deposit

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daygamer

Full Member
Feb 6, 2023
48
6
Hi, I am receiving gift deed from my mom. But it is impossible for her to send the full amount from Nigeria due to financial restrictions in the country directly to my account here in Canada. So the money is sent to a friend's account in UK and then sent in installment to my account here in Canada. How should the gift deed by formatted. Does she have to only state that she is the primary donor? Thanks.
 

daygamer

Full Member
Feb 6, 2023
48
6
Can you point me to where in IRCC regulations does it say a gift deed is permissible for proof of funds?
no, I am not saying that I want to use the gift deed as proof of funds, the amount that will be sent to me is what I will use. My question was basically since there are financial restrictions on sending money directly from Nigeria to Canada, the money was sent through third-party channels to my account here in Canada. what should the gift deed say, should my mother be the primary donor only and do I need a letter of explanation as well
 
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moscatojuices

Champion Member
Feb 21, 2022
1,523
755
no, I am not saying that I want to use the gift deed as proof of funds, the amount that will be sent to me is what I will use. My question was basically since there are financial restrictions on sending money directly from Nigeria to Canada, the money was sent through third-party channels to my account here in Canada. what should the gift deed say, should my mother be the primary donor only and do I need a letter of explanation as well
Who is asking for an explanation/gift deed? I'm not aware of any explanation required in the transfer process, other than a small explanation field during the transfer process where you'd just put something like "Remittance" or "Gift."

Thus no explanation is required - unless your bank calls and asks in which case you just need to let them know that the money was sourced legitimately.
 

Islander216

Champion Member
Nov 27, 2019
2,020
1,278
So the gift deed is usually a legal document to certify that money you receive from someone else is a gift and not a loan amount.

You will usually need it if you have a large amount being received from someone which contributes to your proof of funds for your application.

You can have your application refused if you can't explain your proof of funds adequately. The gift deed is the safest way to certify the amount received.
 

daygamer

Full Member
Feb 6, 2023
48
6
So the gift deed is usually a legal document to certify that money you receive from someone else is a gift and not a loan amount.



You will usually need it if you have a large amount being received from someone which contributes to your proof of funds for your application.



You can have your application refused if you can't explain your proof of funds adequately. The gift deed is the safest way to certify the amount received.
Yes, I am receiving a gift deed from my mom but it's not coming directly to my account but through multiple parties due to financial restrictions in my Country. Does the gift deed from her enough to proof the funds sent regardless of the multiple parties it came through?
 

Islander216

Champion Member
Nov 27, 2019
2,020
1,278
Yes, I am receiving a gift deed from my mom but it's not coming directly to my account but through multiple parties due to financial restrictions in my Country. Does the gift deed from her enough to proof the funds sent regardless of the multiple parties it came through?
I can't say for certain, but I would just explain the arrangement and the reason in your letter of explanation.

Why can't it be sent to you directly through multiple transactions?
 
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