Gift Letter for Bank
Gift Letter for Bank
January 15, 2050
Citizens Bank
123 Main Street
Metropolis, NY 10001
To Whom It May Concern,
I, [Your Name], hereby confirm that I am gifting John Doe the amount of $50,000 to be used to purchase a new home.
I affirm that this is a gift and not a loan and that there is no expectation of repayment. I understand that this gift will not have to be repaid under any circumstances. John Doe is my son.
The funds will be transferred via wire transfer on January 20, 2050.
Please feel free to contact me at [Your Email] if you require any further information or documentation.
Sincerely,
[Your Name]
[Your Email]