Bank account with auto-transfer facility

Hello friends,

My bank account has an auto transfer feature whereby any balance over and above Rs 10,000 is automatically transferred as term deposit.

Thus, my account statement will always show the balance of about Rs 10,000. Though the auto-transfer is mentioned in the statement, it may not be easily visible or comprehensible.

How can I best explain this feature in my Tier 1 application and prove that my bank account has the requisite balance.

Thanks and best regards.

Monts123 wrote:Hello friends,

My bank account has an auto transfer feature whereby any balance over and above Rs 10,000 is automatically transferred as term deposit.

Thus, my account statement will always show the balance of about Rs 10,000. Though the auto-transfer is mentioned in the statement, it may not be easily visible or comprehensible.

How can I best explain this feature in my Tier 1 application and prove that my bank account has the requisite balance.

Thanks and best regards.

Hi ,

You want to show the balance for your previous earnings or maintenance balance ???

Thanks

aliq09 wrote:

Monts123 wrote:Hello friends,

My bank account has an auto transfer feature whereby any balance over and above Rs 10,000 is automatically transferred as term deposit.

Thus, my account statement will always show the balance of about Rs 10,000. Though the auto-transfer is mentioned in the statement, it may not be easily visible or comprehensible.

How can I best explain this feature in my Tier 1 application and prove that my bank account has the requisite balance.

Thanks and best regards.

Hi ,

You want to show the balance for your previous earnings or maintenance balance ???

Thanks

Maintenance balace

Monts123 wrote:

aliq09 wrote:

Monts123 wrote:Hello friends,

My bank account has an auto transfer feature whereby any balance over and above Rs 10,000 is automatically transferred as term deposit.

Thus, my account statement will always show the balance of about Rs 10,000. Though the auto-transfer is mentioned in the statement, it may not be easily visible or comprehensible.

How can I best explain this feature in my Tier 1 application and prove that my bank account has the requisite balance.

Thanks and best regards.

Hi ,

You want to show the balance for your previous earnings or maintenance balance ???

Thanks

Maintenance balace

Hi ,

In your case the best solution is to show your term deposit account with all the related documents from bank like ... you can draw money from account , account statement & balance is there for 3 months etc ...

Thanks