HELP! Tier 4 Visa application needing clarification on funds

[millieandexe]

Hello any help on the following subject would be amazing and very much appreciated!

I am from England (born and bred) and have been with my Argentinean boyfriend for over 1 year and we are currently living in Argentina. At the moment we are trying to apply for a Tier 4 Student visa so he can come to the UK to study English and improve and I can go back to work.

My query is regarding the maintenance funds:

We will be using my partners mums account which he is also named on as a co account holder. It is a savings account and she has over 10,000 dollars in there. The issue is that she has the main chunk of the money taken out and put back in each month as 'plazo fijo' from the bank itself which I guess is like a fixed term deposit for us in British bank accounts. Is this still suitable to use because obviously the money is still there and available but being 'borrowed' by the bank as fixed term deposits? Even though the money does not show in the balance on the statement but you can see that it is still in the account but is being used by the bank backwards and forwards.

Alternatively could we use a letter from the bank confirming that the funds are available etc?

"Letter from bank confirming funds covering the 28 day period ending no more than one month before the date of your application

Your letter from a bank or building society should show:

1. your name; or

2. the name of a child's parent(s) or legal guardian(s) if applicable (if applying as child student); and

3. the account number; and

4. the date of the letter; and

5. the financial institution's name and logo; and

6. the money in your account; and
7. that there is enough money in the account (to cover your course fees and living costs"

The only thing that confuses me with this is the part where it talks about the '28 day period'. Because the money has been in the account (all be it taken out and borrowed and replaced by the bank every month) for more than 28 days - is this sufficient or is this not acceptable because there is a fixed term system in place and because of the cash funds going in and out the money is not in there for 28 days 'consecutively'?
His mum gets asked every month if she wants to renew the deposits so its not like its for years.

Do you think we would be successful going with this. Argentina is considered a 'low risk applicant' and therefore does not require us to send all the information in with the initial application but we need to have it ready to send should it be asked for. His mum said she will cancel the fixed deposits from next month (2nd july) in which case the money will be back in the account from then showing in the balance but then I presume we would have to wait the 28 days (bringing us to July 30th) before we can even use these bank statements to apply. I have a flight booked home on July 29th and was hoping to get this sorted before then.

One more thing....we have to submit the application form online the vaf9 but do we also have to submit the appendix 8 online or is this done on paper and then taken to the application meeting/interview which we can arrange following the initial online application. Does the date of the application mean the online application or when we have to go to the embassy for the meeting/interview after this to submit any necessary forms, hand in passport and register biometrics? Or does the start date of the application begin when you pay (whether this is online or at the meeting when you can pay in person)

A lot of questions i know but we are short on time now and really want to get this sorted. It's one step forwards, 2 steps back at the moment!

Thanks everyone!

Millie x