What should a gift letter include for verification?
A gift letter can support verification when money was given to you and is not a loan.
Information to include
- The donor’s and recipient’s details and their relationship
- The gift amount, currency, and date
- The source and purpose of the funds
- A statement that no repayment or interest is required
- The donor’s name, signature, and date
Supporting bank statements or an official translation may also be requested.