Bank Gift Letter

Subject: Gift Letter for [Borrower's Name] – [Loan Application Number]

Dear [Recipient's Name],

I am writing this letter to confirm that I, [Your Name], am providing a financial gift of [Gift Amount] to [Borrower's Name] to be used towards the down payment/closing costs for their mortgage loan application with [Bank Name]. The purpose of this gift is to assist [Borrower's Name] in the purchase of their new home at [Property Address].

Please find below the details of the gift:

1. Gift Amount: [Gift Amount]

2. Relationship: [Your Relationship to Borrower]

3. Source of Funds: [Specify the source of your funds, such as savings, investment, or inheritance]

4. Date of Transfer: [Date when the funds were/will be transferred to Borrower's account]

5. No Repayment: I confirm that this gift is not a loan and no repayment is expected or implied.

I understand that [Bank Name] requires documentation to verify the authenticity and source of the gift. Enclosed with this letter, you will find the following supporting documents:

1. Bank statements or other financial documentation showing the source of the gift funds.

2. A copy of my identification document (Driver's License/Passport).

Please let me know if any additional documentation or information is needed to complete this process.

I hereby declare that the above-mentioned gift is genuine, and there are no obligations or strings attached to it. I am providing this gift out of my own free will and without any expectation of repayment.

Should you have any further questions or require additional information, please do not hesitate to contact me at the provided contact details.

Thank you for your attention to this matter. I appreciate your assistance in processing this gift and ensuring a smooth mortgage application process for [Borrower's Name].

Sincerely,

[Your Name]

[Your Signature]

Note: Make sure to sign the letter if sending a hard copy. If sending the letter via email, you can include your typed name instead of a signature.

Subject: Gift Letter for [Recipient Name]

Dear [Bank Officer Name],

I, [Donor Name], am writing to confirm that I am giving a monetary gift of [Amount] to [Recipient Name]. This gift is given voluntarily and without any expectation of repayment.

The funds are intended to be used for [purpose, e.g., home purchase, education]. I confirm that this gift does not constitute a loan and will not be repaid under any circumstances.

Please accept this letter as confirmation for your records.

Sincerely,

[Donor Name]

[Contact Information]

Hi [Bank Officer Name],

I’m happy to provide this letter confirming that I am giving [Amount] to [Recipient Name] as a gift. This is a gift only and does not need to be repaid.

The funds are for [purpose, e.g., buying a home]. Please let me know if you need any additional information.

Thanks,

[Donor Name]

Dear [Bank Officer Name],

I am writing to confirm that I am gifting [Amount] to [Recipient Name]. This gift comes with no expectation of repayment and is given out of love and support.

The purpose of this gift is [e.g., for their first home, tuition]. Please keep this letter for your records.

Thank you for your assistance,

[Donor Name]

Dear [Bank Officer Name],

This letter is to provisionally confirm that I, [Donor Name], intend to gift [Amount] to [Recipient Name]. The final transfer will be completed on [Date].

The gift is for [purpose] and is given freely without expectation of repayment. This provisional notice is provided for documentation and processing purposes.

Sincerely,

[Donor Name]

- Subject/Title of the letter

- Recipient/Bank officer name

- Donor’s information and contact details

- Recipient’s information

- Gift amount and currency

- Purpose of the gift

- Statement confirming no repayment required

- Date of transfer (if applicable)

- Signature of donor

- Optional: Witness or notarization