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entrepreneur team

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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

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billy999
Newly Registered
Posts: 4
Joined: Thu Apr 12, 2012 11:06 am

entrepreneur team

Post by billy999 » Sat Aug 18, 2012 10:34 pm

Hi,
Just a quick query .
I am applying from outside the UK with my business partner in a team.
Q. We have 2 Joint bank accounts. One a foregin currency account (GBP) with about £100,000 and the other a local currency one with money equivalent to more than £100,000 GBP. We dont want to transfer money in one account in either direction to avoid incurring huge foreign currency exchange losses.
So will it be ok to use 2 joint bank accounts totalling to the required £200,000 for our team applications?(Both accounts in the same bank and same branch)
We will be using our other sole accounts for maintanance funds. not the joint ones.

Sug
Junior Member
Posts: 93
Joined: Sat Aug 04, 2012 7:39 pm
Location: London

Post by Sug » Sun Aug 19, 2012 10:27 am

No proble u can use both of them
Hi

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