Dear All,
I'm hoping you can help me with my problem.
I have received an acceptance from BVC this Aug 2019 intake but my proof of fund is a bit of an issue.
My mother is a retired teacher who have cash undocumented amount with her for 400k php. We are 5 kids and in a Filipino culture, we normally give money to parents every salary. She's retired since 65 yo and total of money gifts from us kids will amount to 15k a month minimum. Across seven years, less the living expenses and medical needs, add pension and other money investments, from us kids alone, this money is feasible.
We didn't know she have this much cash money (thought it's just somewhere 100+k), and only get the figures when I asked for help for additional funds.
To complete the POF, we transferred the 150k to my acct (now 650k, can be liquidated) and 250k to my brother (now 500k, purely showmoney). The money transfer proves to be a problem because of it is cold cash deposited in bulk.
Please advise what proof, documentation, requirements can be provided. Hopefully you can shed light because the agent's suggestion is to move the school intake to mature the funds but the transfer was advised by them because they advised against putting a retired money as a sponsor, yet unwilling and unable to provide better recommendations to resolve the issue.
I'm hoping you can help me with my problem.
I have received an acceptance from BVC this Aug 2019 intake but my proof of fund is a bit of an issue.
My mother is a retired teacher who have cash undocumented amount with her for 400k php. We are 5 kids and in a Filipino culture, we normally give money to parents every salary. She's retired since 65 yo and total of money gifts from us kids will amount to 15k a month minimum. Across seven years, less the living expenses and medical needs, add pension and other money investments, from us kids alone, this money is feasible.
We didn't know she have this much cash money (thought it's just somewhere 100+k), and only get the figures when I asked for help for additional funds.
To complete the POF, we transferred the 150k to my acct (now 650k, can be liquidated) and 250k to my brother (now 500k, purely showmoney). The money transfer proves to be a problem because of it is cold cash deposited in bulk.
Please advise what proof, documentation, requirements can be provided. Hopefully you can shed light because the agent's suggestion is to move the school intake to mature the funds but the transfer was advised by them because they advised against putting a retired money as a sponsor, yet unwilling and unable to provide better recommendations to resolve the issue.
