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Hi Dear,trajan wrote:Thank you all for the comments.
The bank account is indeed open with the funds. I never stated that i had it opened while sitting in Pakistan. I had a 5 year multi entry general visitor visa and i have been traveling to the UK at least 3-4 times a year. I also have personal and business accounts with Barclays in Pakistan and they are the ones that introduced me to Barclay's in London where i personally met with the account manager with relevant proofs of ID, residence etc before my account was opened.
Also. FYI Barclays Wealth has also a program wherein international accounts can be opened in the U.K. by non-residents subject to them having at least GBP 5000/-. you may find it helpful looking up their website for details.
As already mentioned above by a respected contributor that for funds already in the U.K. a simple bank statement (from an FSA regulated institution) mentioning names of the account holders is enough.
There is no mention in the RULES/ GUIDELINES anywhere that a members of entrepreneurial team having a joint account in the UK would be treated as 3rd parties to each other. Rather the rules are quite specific in separating the two.
The turnaround time given is within 28 days.
I feel confident that the ECO made an error and will be appealing on these grounds. HOWEVER, this post should also serve as a warning to those in the process of applying to ensure they have affidavits JUST IN CASE.
It would be helpful if some worthy member/reader of this thread can share an instance of POSITIVE outcome of their application solely based on letter from the bank holding a joint account.
Thank you