50k in business account or personal

shahbazali · Post by **shahbazali** » Mon Feb 25, 2013 5:41 pm

we r going to apply as t1e team. should we show 50k in business account or personal joint account

BlackBirdSSG · Post by **BlackBirdSSG** » Mon Feb 25, 2013 5:53 pm

It can be any account (except ISA).

Which country are you applying from? UK or anywhere else?

tuliprose · Post by **tuliprose** » Mon Feb 25, 2013 6:16 pm

shahbazali wrote:we r going to apply as t1e team. should we show 50k in business account or personal joint account

As you are going to show £50,000 so I believe you are applying in country through PSW route.

Money can be in business or personal accounts.

BlackBirdSSG · Post by **BlackBirdSSG** » Mon Feb 25, 2013 6:23 pm

Money must be shown in personal joint account (if you haven't invested the money yet). Both team members must also be account holders for any UK bank account. You cannot use third party sponsor funds for UK accounts. It's safe to go with Personal Joint account.

rizwan567 · Post by **rizwan567** » Mon Feb 25, 2013 6:58 pm

Third party funding from UK is acceptable. Read this for further clarification http://www.immigrationboards.com/viewto ... ht=#789318

kashif11 · Post by **kashif11** » Sun Feb 02, 2014 8:27 am

you can show your funds in business bank account. look at policy guideline 33 and 97.

BlackBirdSSG · Post by **BlackBirdSSG** » Mon Feb 03, 2014 12:42 am

Business Account : If funds have been invested already in business
Personal Account : If funds are ready to be invested

You can also use combination of both

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50k in business account or personal

50k in business account or personal

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