I sold a property and I want to deposit the money... what should I prepare? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

I sold a property and I want to deposit the money... what should I prepare?

Asked by Banky team 2 months ago 1 views
Banky team Reviewed editorial answer

Prepare the sales contract/documents proving ownership, transfer of ownership, transaction value, and any applicable payment or tax documents.

If the amount is large, contact the bank before depositing and ask what they require to verify the source of funds.

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