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Communication address on Bank statement &OANDA rate

Archived UK Tier 1 (General) points system forum. This route no longer exists.

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha, Administrator

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sasif_2003
Junior Member
Posts: 63
Joined: Tue Aug 04, 2009 10:26 am

Communication address on Bank statement &OANDA rate

Post by sasif_2003 » Tue Aug 04, 2009 1:40 pm

Hi,

Can you please help me with the query below,applying for tier1 general.

1.Communication address on 12 months bank statement and 3 months maintenace funds statement is having different communication address as I have 2 bank accounts.Is there any issue with this?.

2.Which day exchage rate would be calculated for earings and maintenance funds?

Please suggest.

*FC*
Member of Standing
Posts: 288
Joined: Mon Aug 13, 2007 9:59 pm

Re: Communication address on Bank statement &OANDA rate

Post by *FC* » Tue Aug 04, 2009 2:53 pm

sasif_2003 wrote:Hi,

Can you please help me with the query below,applying for tier1 general.

1.Communication address on 12 months bank statement and 3 months maintenace funds statement is having different communication address as I have 2 bank accounts.Is there any issue with this?.

2.Which day exchage rate would be calculated for earings and maintenance funds?

Please suggest.
1. I dont find any problem with this. A person can have any number of accounts, but as long as you are showing all your account to the extent of Maintenance funds required, it shouldnt be an issue. I would assume, you will explain this all in a covering letter.

2. I would think it is the date of application you fill in. Not sure though, well, dont remember to be precise !

ChetanOjha
Moderator
Posts: 2771
Joined: Thu Dec 28, 2006 12:49 am
Location: London
United Kingdom

Re: Communication address on Bank statement &OANDA rate

Post by ChetanOjha » Tue Aug 04, 2009 2:58 pm

sasif_2003 wrote: 1.Communication address on 12 months bank statement and 3 months maintenace funds statement is having different communication address as I have 2 bank accounts.Is there any issue with this?.
Don't see any problem with that.
sasif_2003 wrote: 2.Which day exchage rate would be calculated for earings and maintenance funds?
Earnings --> Last day of the earning period claimed.
Maintenance funds --> Application Date or just before application.

sasif_2003
Junior Member
Posts: 63
Joined: Tue Aug 04, 2009 10:26 am

Clarification earnings calculation

Post by sasif_2003 » Wed Aug 05, 2009 8:46 am

Hi,

I'm filling tier1 form and in one palce in form I need to enter few details like below,

Please suggest me if below data entered is correct

Source of Earnings
(include details of employer; Name of Business etc and start and end dates for this source of earning)
-NAME OF THE EMPLOYER
Country of Earnings
-INDIA
Currency in which Earnings were paid
-INR
Earnings Claimed
(in original currency)
-700000
Exchange Rate Applied
-80
Earnings in pounds sterling
-700000/80*5.3=46375GBP
Evidence of earnings provided
-PAYSLIPS

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