HELP!! Proof of fund

[patricia.hple]

Hi guys,

My situation is like this, I have enough fund, but it is all sitting in cash at my house.... The thing is, my country's currency is not reliable, so every month I just withdrew and exchanged pretty much all my salary (which is paid through a bank account) into USD and kept this USD cash at home in a safe.

This is 100% my money because both of my parents have retired a long time ago. They don't have bank accounts.

Now I want to open a foreign currency account and deposit all the USD that I have into it (no way I would exchange back to local currency).

How do I prove proof of fund in this case? Thank you!

 

[andy108]

You will need to show funds in your bank account for the six month.

You dont have a legal proof of having funds for six month, but you can put the required amount in a single go into foreign currency account?

Now, can you tell me do you have evidence of receiving money as a salary?

Not sure if it will work - but showing both, source of funds as a salary on the statement, then total amount + LOE will work, but it is one way around it.

Maybe someone who was in similar situation can help?

 

[patricia.hple]

You will need to show funds in your bank account for the six month.

You dont have a legal proof of having funds for six month, but you can put the required amount in a single go into foreign currency account?

Now, can you tell me do you have evidence of receiving money as a salary?

Not sure if it will work - but showing both, source of funds as a salary on the statement, then total amount + LOE will work, but it is one way around it.

Maybe someone who was in similar situation can help?

Thank you for your reply. Yes I have proof of receiving monthly salary through a bank account. I plan to present these documents:
1. Bank statement of the payroll account (current account) for 1 year (the current account is in local currency)
2. Payslip from my company for 1 year
3. Bank statement of the newly-opened saving account (in foreign currency) -- this is where the required money sits.
4. Letter of explanation.

Do you think this is enough?

 

[kartikbhatia]

You will need to show funds in your bank account for the six month.

You dont have a legal proof of having funds for six month, but you can put the required amount in a single go into foreign currency account?

Now, can you tell me do you have evidence of receiving money as a salary?

Not sure if it will work - but showing both, source of funds as a salary on the statement, then total amount + LOE will work, but it is one way around it.

Maybe someone who was in similar situation can help?

where does it say thar funds have to be for 6 months ?


what if i received ita and i dont have single penny in my account nor i have maintained for 6 months and my father gifts me 12300 then is that acceptable ?