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Foreign currency account proof of funds

A1554069

Star Member
May 2, 2018
52
1
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are cash deposits I made by converting local currency to dollars (from my monthly salary) and some of my dollars were withdrawn from a safety locker in the bank.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.
 

deanbentleyfalcke

Full Member
Feb 18, 2018
46
80
Johannesburg, South Africa
Category........
PNP
NOC Code......
2174
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