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maintainence fund letter Ruppee to equIvalent GBP

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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

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sasif_2003
Junior Member
Posts: 63
Joined: Tue Aug 04, 2009 10:26 am

maintainence fund letter Ruppee to equIvalent GBP

Post by sasif_2003 » Thu Sep 10, 2009 11:13 am

The bank do not mention on the maintainence fund covering letter that "the Mimimum balance Rs.250000 or Rs.xxxx is equivalne to xxxxGBP as per the onda rate ".In this case what should I do?

Is it enough IF the bank giveS letter stating that mimumm amount maintained as Rs.xxxxx with in 3 months periods without mentioning equvalent GBP. Is this acceptable.??

please help!.thanks

ChetanOjha
Moderator
Posts: 2771
Joined: Thu Dec 28, 2006 12:49 am
Location: London
United Kingdom

Re: maintainence fund letter Ruppee to equIvalent GBP

Post by ChetanOjha » Thu Sep 10, 2009 11:19 am

sasif_2003 wrote:The bank do not mention on the maintainence fund covering letter that "the Mimimum balance Rs.250000 or Rs.xxxx is equivalne to xxxxGBP as per the onda rate ".In this case what should I do?

Is it enough IF the bank giveS letter stating that mimumm amount maintained as Rs.xxxxx with in 3 months periods without mentioning equvalent GBP. Is this acceptable.??

please help!.thanks
Yes. Bank generally does not give conversion in the letter as exchange rate changes even during the day.
You can mention the conversion/exchange rate in your cover letter. Use the exchange rate from Oanda just before you apply.

sasif_2003
Junior Member
Posts: 63
Joined: Tue Aug 04, 2009 10:26 am

Post by sasif_2003 » Thu Sep 10, 2009 11:27 am

Many Thanks Chetan.

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