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Maintenance funds in 2 accounts

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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bilqees
Newly Registered
Posts: 24
Joined: Tue Jul 21, 2009 2:38 pm

Maintenance funds in 2 accounts

Post by bilqees » Tue Jul 21, 2009 4:30 pm

Hi,

I am applying for extending my stay in UK by swtiching from HSMP to Tier-1.
Regarding the maintenence funds, I have £800 in my bank account but these money is split in two accounts. As in I have tried to maintain this min balance in my saving account but for a period of 15 days I transfer all the funds from savings to silver account.

Can this be a problem even if I give bank statements for both the accounts?

Thanks.

tvn_ramesh
Diamond Member
Posts: 3158
Joined: Fri Sep 21, 2007 7:52 pm
Location: Sussex

Re: Maintenance funds in 2 accounts

Post by tvn_ramesh » Tue Jul 21, 2009 5:06 pm

bilqees wrote:Hi,

I am applying for extending my stay in UK by swtiching from HSMP to Tier-1.
Regarding the maintenence funds, I have £800 in my bank account but these money is split in two accounts. As in I have tried to maintain this min balance in my saving account but for a period of 15 days I transfer all the funds from savings to silver account.

Can this be a problem even if I give bank statements for both the accounts?

Thanks.
For Maintenance Funds Proof - The bank balance of your account or accounts with ur name in all the accounts Totals should not fall below the required £800 at the end of each day.. it shd be more than or equal to that amount... so check ur bank statements.. n find for urself..

bilqees
Newly Registered
Posts: 24
Joined: Tue Jul 21, 2009 2:38 pm

Post by bilqees » Tue Jul 21, 2009 5:21 pm

Thanks Ramesh.

Yes, the total balance is clearly above £800 each day. I was only worried about the '2' accounts thing.

tvn_ramesh
Diamond Member
Posts: 3158
Joined: Fri Sep 21, 2007 7:52 pm
Location: Sussex

Post by tvn_ramesh » Tue Jul 21, 2009 5:25 pm

bilqees wrote:Thanks Ramesh.

Yes, the total balance is clearly above £800 each day. I was only worried about the '2' accounts thing.
No worries. you can submit any no. so accounts as long as you are one of the account holders and

It is important that you mention in the cover letter that for Maintenance Funds u r using 2accoutns and infom the case worker to consider both the account for the MF points

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