Ravi
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RE: Cash gift from parents outside UK
Hi There, My parents have cash in hand instead of money in bank account and wanted to gift me for the deposit towards house purchase ? They will deposit cash in their account and then will transfer to my bank account. Any complications in this process? Do I need to provide the cash evidence source of funds ? Please clarify. Thanks Ravi -
RE: Cash gift from India to UK
Hi, Please help in my query My father and brother from India would like to gift me £50000 towards my house deposit. 1) They have cash not in a bank account, they will deposit cash in their bank account and transfer to my account. Is this transaction okay ? Do I need to provide evidence of thier cash to my solicitors ?