Below is a draft letter explaining large deposits in your you and/or your sponsor’s

bank account. This to guide you in drafting one. This is just a template and you can
modify as suits you. Kindly take note of the instructions in bracket and in bold
letters. Expand or reduce table below to suit the number of rows and columns you
need.

Address (Same as that on the

letter of sponsorship)
Date, 2021
To whom it may concern:
EXPLANATION OF LARGE DEPOSITS IN MY --------------- (INSERT NAME OF
SPONSOR’S BANK, CURRENCY AND ACCOUNT NO)
I, ---------- (Insert Name of sponsor) hereby confirm that all monies in my---------- (insert
name of bank and currency and account number), came from my earnings as a
--------- (insert source of funds of the sponsor) in ---------- (insert job designation in
current company/business of sponsor if any). See ------------ (insert proof of funds
eg receipts/invoices/pay slips if any) attached.
The explanation is as follows:
S/N Date …………..(Insert Reason
amount in
currency of
large deposit)
1
2
3
4

If you any have further queries kindly reach me on Phone: ------------- (Phone no of
sponsor) or via Email -------- (insert sponsor’s email address)

Yours Sincerely,

(Insert name and signature of sponsor as on the International passport and Letter
of sponsorship)

700-2010 11th Avenue, S4W 0J3 Regina Sk, Canada | Tel: (306) 585-6565|
www.infoplacecanda.ca |consult@infoplacecanada.ca |