Tier 1 - Help needed in converting earning applying tomorrow

[sajinsanand]

Hi,

I am applying for tier 1 at VFS bangalore tomorrow.

I am including october month salary in the earnings.

while taking the convertion rate from OANDA, do we need to convert INR to GBP? or GBP to INR?

buying rate on 31st October shoulb taken right?

Experts please help.

Regards,
Sajin

[mulderpf]

Well, they want to convert your earnings to pounds, so I assume to convert from INR to GBP.

Since you will be selling your INR to buy GBP when you move to the UK, you should use the selling rate.

[geriatrix]

Fill the amount in one currency (e.g. - home currency / currency of earnings), choose Interbank +/- 0%, select appropriate date - and use the amount that the site calculates in the other currency (GBP).

There should be no need for choosing between selling or buying rate.


regards