ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Funds requirement

Only for UK Student Visas, formerly known as Tier 4 (General) student visa

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

Locked
ThankGodUK
Newly Registered
Posts: 20
Joined: Thu May 13, 2010 7:51 pm

Funds requirement

Post by ThankGodUK » Sun Jun 06, 2010 2:36 pm

Hi All,

Could you please help clarify the funds requirement for student VISA? If I show the proof mentioned on website - is that good enough or do I need to show 1.5 times of the mentioned funds (to be on safe side)?

Also, can I include spouse funds for my application?
If spouse travel is for later (2-4 months) unconfirmed date, she will probably need to apply separately. Hence for my application, should I mention traveling alone?

Thanks in advance!

Regards,

visa4ukonline
Newly Registered
Posts: 4
Joined: Fri Jun 11, 2010 7:17 pm

funds

Post by visa4ukonline » Mon Jun 14, 2010 12:36 pm

Hi,
You don't need to show 1.5 times if you have the right amount funds for the right period of time. If you want to be doubly safe- yes you could ; again you don't need to. All you need to ensure is the balance(required) shouldn't dip even for one day.

Spouse funds are not mentioned anywhere on Home office website.
If you want to show wife sponsoring you; you will need to have authority letter from her stating her willingness to sponsor for study/ living expenses as the case maybe ; along with your marriage certificate.
Also this option hasn't worked out in case of one of my close friend so i am scared to vote for it.. If this is your only option pls consult an expert

It's best if you show your parent(s)[main applicant's parent(s)] are sponsoring and submit a birth certificate whilst applying. This clause is explicitly mentioned on the website. So, if you have the time why not transfer funds into parents account and show that as a proof of funds to get hassle free.

Lastly, if your spouse is going to join you within 2-4 months; i suggest you apply for visa for both of you. I say this because you will end up maintaining /blocking funds twice for the similar purpose which is not wise considering you will be a student who can work only part time.

Moreover once the entire application process is over ; you have a visa you could travel,settle down and then your spouse can travel at a later date.

chris123
- thin ice -
Posts: 20
Joined: Fri Jun 18, 2010 8:29 pm

Post by chris123 » Fri Jun 18, 2010 11:12 pm

Yes you have to show funds in your account 1.5 at the time of applying visa.It is necessary and you have must in your own bank account.

ThankGodUK
Newly Registered
Posts: 20
Joined: Thu May 13, 2010 7:51 pm

Is Fixed Deposit valid for proof of funds?

Post by ThankGodUK » Sat Jun 26, 2010 8:28 pm

Hi,

If I take original certificate and a letter from bank stating that funds can be made available immediately on request, would that be sufficient? Is it of significance when my Fixed Deposit is maturing (say 2013)? Thanks a lot!!

pennylessinindia
Senior Member
Posts: 565
Joined: Sun Aug 20, 2006 6:39 pm

Re: funds

Post by pennylessinindia » Thu Jul 01, 2010 4:52 pm

visa4ukonline wrote:Hi,
Y


Lastly, if your spouse is going to join you within 2-4 months; i suggest you apply for visa for both of you. I say this because you will end up maintaining /blocking funds twice for the similar purpose which is not wise considering you will be a student who can work only part time.
If you genuinely have the funds why worry about maintaining/blocking
pennyless

Locked