- transactions covering a three month period ending with a date no more than 7 days prior to the date you submit your
application;
- the regular receipt of funds along with regular withdrawals from the account.
can someone please clarify a question on the two bullet points above. I understand them, but this is my case: I plan to use my savings account as the maintenance of funds proof. I am using my checking account as the proof of salary portion, but for maintenance of funds I am using a savings account in which I transfered more than the required amount more than three months ago. SO, this savings account has NO transactions, and NO regular receipt of funds or withdrawals. It may have a few extra small receipt of funds or withdrawals over the past six months, but basically there has been NO regular activity in the account; NO direct deposits, no salary checks and no payments either, the account has been pretty much non-active as the main purpose has been to keep the funds there and be able to show proof of maintenance of funds.
Is this acceptable, or would they make problems because there is NO regular activity or transactions in the account?
Wouldnt this almost always be the case when using savings accounts instead of checking accounts?
THANK YOU!
Stacey