POF : 6 months average balance requirement

[hope2018]

Hi all,
Please I need some advice urgently here! In my bank account I had more than sufficient funds as stated for settling by CIC but in one month I transferred a huge amount to my father's account for investment which he returned to me the next month. How do I explain this in my POF case? Should I get an affidavit or a gift deed? The money was earned by my salary savings for which I have payslips and tax returns. Should I also submit an LOE for this?

If it is one outflow and inflow using same account and amount then it will be very clear in statements which you can explain in LoE.
Mention that you had loaned it which you got it back. Should be OK.

 

[RPS92]

If it is one outflow and inflow using same account and amount then it will be very clear in statements which you can explain in LoE.
Mention that you had loaned it which you got it back. Should be OK.

The amount was withdrawn in two cheques deposited in same account number belonging to my father and he returned two cheques from the same account number to my account.

 

[hope2018]

The amount was withdrawn in two cheques deposited in same account number belonging to my father and he returned two cheques from the same account number to my account.

So you can highlight this in statements and explain in LoE.

 

[RPS92]

So you can highlight this in statements and explain in LoE.

Thank you for all the help. Much appreciated.