Cash Savings - Changing Accounts

[ukspouse80]

Hi,

I have a question about using the cash savings for Spouse visa.

I checked the guidance and did not find a definite answer. If the funds in the account was transferred to another account in the name of the account holder (transfer was done in the same day), is it possible to still use two accounts together to meet the requirements?

Anyone was in the same situation who applied and got the visa?

Thanks

[seagul]

Changing funds from one account to another account will reset the 6 months period in both accounts. Funds need to stay for 6 months in each account if more than one account will be used.

[ukspouse80]

what is your reason to say that? I did not find anything said it in the guidance. It only says that you should have held cash funds in bank account. So, on what basis it cannot be used? I found it a grey area in the rules.

[seagul]

what is your reason to say that? I did not find anything said it in the guidance. It only says that you should have held cash funds in bank account. So, on what basis it cannot be used? I found it a grey area in the rules.

Remember Guidances aren't written to give exact desired reply. Let me make it easier for you. If funds fluctuate in account then lowest balance during the last 6 month will be considered which in your case if you transfer from first account then its lowest balance will be considered. And balance moved to your second account will have to stay again for 6 months to be considered.

[ukspouse80]

Actually I myself assume it is acceptable. When the guidance allows to use the funds that was held as an investment or a property and then liquidate and held in a bank account (for less than 6 months), why with the same reasoning it does not allow to transfer money between accounts which are in the name of same person?

I want some confirmation from those who was in the same situation in their applications or any link to a definite decision in a similar case or a reputable website.

[ukspouse80]

what is your reason to say that? I did not find anything said it in the guidance. It only says that you should have held cash funds in bank account. So, on what basis it cannot be used? I found it a grey area in the rules.

Remember Guidances aren't written to give exact desired reply. Let me make it easier for you. If funds fluctuate in account then lowest balance during the last 6 month will be considered which in your case if you transfer from first account then its lowest balance will be considered. And balance moved to your second account will have to stay again for 6 months to be considered.

Yes the money goes down to zero in one account but at the same time it is in another account and visa officer will consider both together like any other situation when money in different accounts.

The rules specifically states that the applicant should access to cash funds in bank account for six months and in this case it is met.

[seagul]

Sale proceeds of property don't need to be possessed from 6 months unlike other cash savings. The guidance you have read has clear answer about it. You can search the forum to see plenty of refusals for not meeting the cash saving criteria. In your situation as answered earlier that your second account will reset to 6 months again.

[ukspouse80]

Sale proceeds of property don't need to be possessed from 6 months unlike other cash savings. The guidance you have read has clear answer about it. You can search the forum to see plenty of refusals for not meeting the cash saving criteria. In your situation as answered earlier that your second account will reset to 6 months again.

Could you please post a link to a refusal who was in my situation? it would be appreciated. I searched and did not find anything similar.

[seagul]

Sale proceeds of property don't need to be possessed from 6 months unlike other cash savings. The guidance you have read has clear answer about it. You can search the forum to see plenty of refusals for not meeting the cash saving criteria. In your situation as answered earlier that your second account will reset to 6 months again.

Could you please post a link to a refusal who was in my situation? it would be appreciated. I searched and did not find anything similar.

You need to do deep search because there are several threads. But the guidance you have studied has already answered that although you not trying to get it.

[ukspouse80]

I actually searched and did not find anything. If it was plenty I should have found it. So, it would be helpful if you can just post a link to one of those plenty refusals.

Also, the guidance did not answer. What you said was a personal interpretation of the rules and my interpretation is completely different. Our personal ideas do not matter and it is the reason that I asked from the beginning that please someone with a similar case or a link for a clear answer please reply. So please do not expect that I should accept what you said because you think so.

[ukspouse80]

Actually think link shows my interpretation was correct:

Weblink removed by moderator

Again anyone with a similar experience.

[CR001]

Point 7.4.8 and 7.4.9 clearly explains

https://www.gov.uk/government/publicati ... ly-members

If you are able to provide the paper trail if the money being wholly under your control, there should be no issues.