how to transfer large amount of $$ ($20k)
Hi
A few years ago my parents gave me roughly $20k for graduate college with honor.
Now my parents wants to borrow it back to do renovation to their house.
What is the best way to transfer it to them with little fees? I was thinking of getting a bank draft for them to deposit or write a cheque ... will the bank question why? Since it's a large amount of money?
Thanks
A few years ago my parents gave me roughly $20k for graduate college with honor.
Now my parents wants to borrow it back to do renovation to their house.
What is the best way to transfer it to them with little fees? I was thinking of getting a bank draft for them to deposit or write a cheque ... will the bank question why? Since it's a large amount of money?
Thanks