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Personal Account Balance went negative

Posted: Sun Aug 26, 2012 10:10 am
by suresh.k.dasari
Hi

I am going for ILR premium service (face to face) in September. Though the UKBA rules says that no account balance needs to be shown but am told that its good to show some funds in the bank account.

I have been maintaining some minimum balance for the last 3 months. Apart from the minimum balance, I have received some money IN on 24/08/2012 so have done some transfer OUT on the same day leaving the balance.

However, as both the transactions were made on the same day, my statement shows the following:

1. Transfer OUT transaction first and then Transfer IN transaction;
2. Due to the above reason my statement shows negative balance as
'-500'

Could someone please tell me if the above two points cause any issues?

Thanks in advance to all.

Regards
Kumar

Posted: Sun Aug 26, 2012 3:26 pm
by Smam
Hi,

It has got nothing to do with your ILR.

Hopefully this will answer your question.

Please do kindly share your PEO Experience with us on the forum.

Good luck for your ILR.

Posted: Sun Aug 26, 2012 11:22 pm
by jimmymcad
Yes, you do not require to show this for ILR.

Thanks

Posted: Wed Aug 29, 2012 10:56 am
by suresh.k.dasari
Thank you for the replies. I will defintely post an update of my PEO experience.

Regards

Re: Personal Account Balance went negative

Posted: Wed Nov 19, 2014 2:21 pm
by kiran3313
hi suresh, how did ur ILR go, can u share ur experience pls