Deposit Gift Letter Template for Indonesia

The Deposit Gift Letter is a crucial document in Indonesian legal practice, used when one party (the donor) wishes to formally gift monetary deposits to another party (the recipient). This document type is commonly used in family wealth transfers, charitable donations, or other situations where monetary gifts need to be formally documented. The letter must comply with Indonesian Civil Code (KUHPerdata) requirements and, where applicable, Islamic Law provisions regarding gifts (hibah). It includes essential details such as the parties' information, gift amount, transfer terms, and any conditions attached to the gift. The document serves multiple purposes: it provides legal proof of the gift transfer, helps ensure compliance with tax regulations, and can be used for banking and administrative purposes. It's particularly important in Indonesia where gift transactions may need to be documented for both legal and religious compliance.

1. Date and Place: Current date and location where the letter is executed

2. Parties' Information: Full names, addresses, and identification details of the donor and recipient

3. Gift Declaration: Clear statement of intention to give the deposit as a gift (hibah)

4. Gift Details: Specific details of the deposit including amount, currency, and bank account information

5. Confirmation of Ownership: Declaration that the donor is the legitimate owner of the funds being gifted

6. Transfer Declaration: Statement confirming the immediate and irrevocable transfer of rights to the recipient

7. Signatures: Space for signatures of donor, recipient, and witnesses