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hasnatahmad

Member
Feb 4, 2017
12
0
Hi,
I just returned from prolonged stay outside my home country(Pakistan). Got ITA 30 daya ago while I was away.
I have opened my account in pakistan just 3 days ago. I have asked my friends to deposit money that I loaned them and also liquidated one of my investments to get all required funds.
NOW
1. I have a nee bank account
2. Funds are transferred incremently from multiple accounts

It looks suspicious in eyes on VO.
Please let me know how i can address this situation?
 
yes. you need a gift deed unless you can prove you loaned your friends money in the past.
 
xpressentry said:
yes. you need a gift deed unless you can prove you loaned your friends money in the past.

thankyou for your response xpressentry. Could you please elaborate what "gift deed" should say/include??
 
hasnatahmad said:
thankyou for your response xpressentry. Could you please elaborate what "gift deed" should say/include??

It should say this money is gifted to you by XXXX and it belongs to you and they claim no rights on it