gift from sister

[Silverbirdie]

My sister wants to donate some money to both her sisters. We are all Dutch but she (the donorr) has lived in Switserland for 15 years and I live in the UK and have been here for 41 years.
Can she just transfer this to my bank or do we have to notify anyone?? Are there any limits?

[AGoodman]

You should be fine from a UK perspective but there could well be Swiss cantonal gift tax depending on values and the Canton in which your (donor) sister lives.

There is a useful summary here:

https://www.credit-suisse.com/media/ass ... lle-en.pdf

You don't mention where your other sister is located. If in the Netherlands, she is probably okay but it is worth checking she is not liable as a recipient.