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Funds in Third Party Account

 
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ARSH
Newbie


Joined: 08 Jun 2012
Posts: 9
Location: LONDON

PostPosted: Sat Aug 04, 2012 9:15 pm    Post subject: Funds in Third Party Account Reply with quote

Hi Experts,

I have found very useful information on this site. However it seems that this particular point hasn't been picked up by anyone so far.

I would like to apply using third party funding in UK. As its not mentioned anywhere that the funds should have been transferred into your account already, so i would prefer using bank statement on third party's name (Being in UK)
But in policy guidance it says, third party accounts will not be accepted as given below.

100. For money held in the UK only

"The account must be in your own name only (or both names for an entrepreneurial team) only. Accounts in the name of a business or third party will not be accepted"


Thanks alot for your help in this query.
Regards,
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Sug
Member


Joined: 04 Aug 2012
Posts: 71
Location: London

PostPosted: Sun Aug 05, 2012 3:06 am    Post subject: Third party funding Reply with quote

Is third party funding allowed for a team For the funds in uk I just went through policy guidance point 100 plz do clarify my dought
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harun
Junior Member


Joined: 20 Dec 2011
Posts: 29

PostPosted: Sun Aug 05, 2012 2:40 pm    Post subject: Reply with quote

Not for the money which is held in UK by third party according to the guidlines 100.
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waqas734
Member


Joined: 18 Nov 2009
Posts: 64

PostPosted: Mon Aug 06, 2012 3:54 am    Post subject: Reply with quote

My question that i have 40k in my account can my uncle show remaining 10k in his account if all the documents and affidavits are provided through the solicitor. i know few people who have shown third party funds by their friends who are also in uk and had also provided affidavits through solicitor ..
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