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Funds not in my account

 
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humanist3
Junior Member


Joined: 15 Jun 2012
Posts: 23
Location: Dubai

PostPosted: Fri Sep 07, 2012 1:45 pm    Post subject: Funds not in my account Reply with quote

Due to the shortfall in my spouse's income I have to demonstrate that I have 50,000 Pounds of savings. Can this money be under someone else's account if they can testify that they will make the funds available to me?

Thank you for your help
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Greenie
Guru


Joined: 21 Aug 2008
Posts: 6947

PostPosted: Fri Sep 07, 2012 1:58 pm    Post subject: Reply with quote

No.
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harv
Sage


Joined: 22 Dec 2010
Posts: 551
Location: London

PostPosted: Fri Sep 07, 2012 1:58 pm    Post subject: Reply with quote

Nope!

You need to have the funds available in your account for a continuous 6 months to show as your savings.
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humanist3
Junior Member


Joined: 15 Jun 2012
Posts: 23
Location: Dubai

PostPosted: Sat Sep 08, 2012 1:46 pm    Post subject: Reply with quote

What if I have the necessary amount deposited to my account for 6 months from some source , Say a friend or a family member? Will that be accepted or do I need to show a steady income adding up to the necessary funds?

Thanks
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Greenie
Guru


Joined: 21 Aug 2008
Posts: 6947

PostPosted: Sat Sep 08, 2012 3:22 pm    Post subject: Reply with quote

A gift of cash savings would need to be declared in the application. The funds must be held in your account for at least 6 months and be under your control. They cannot be merely a loan.
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