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Open UK Bank account and move funds 200K

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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usmanrana989
Newly Registered
Posts: 18
Joined: Sat Sep 14, 2013 5:45 pm

Open UK Bank account and move funds 200K

Post by usmanrana989 » Mon Apr 20, 2015 4:45 pm

HI guys,

i am planning to apply T1 Entrepreneur 200K outside UK from Pakistan.
I am thinking to open a UK bank account (barclays) as Non UK Resident and move my funds to UK bank account.
I need thoughts from all of you about this.
will this be safe? will Home office be satisfies to see all the funds are in UK?
anyone have done this before?
Any problems in moving this much money to UK?
or i am much better to use my local bank account (NIB Bank)?

Thanks
Usman

askhan
Senior Member
Posts: 554
Joined: Fri Jun 04, 2010 9:00 pm

Re: Open UK Bank account and move funds 200K

Post by askhan » Tue Apr 21, 2015 8:52 am

HI Mate.

Use the local bank account in home country. It would be better for you.


Thanks
Ak
Kind Regard,
A.Khan
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khandrakhan
Newbie
Posts: 40
Joined: Sat May 02, 2015 5:29 pm

Re: Open UK Bank account and move funds 200K

Post by khandrakhan » Sat May 02, 2015 8:38 pm

Use hsbc bank they have premier banking - global banking, very easy and very safe for big transfers.
you can transfer to uk and back to you and can open account anywhere in world with hsbc

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