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Salary Account in Debit

Posted: Mon Aug 01, 2011 5:02 pm
by Gerry2011
Hello All,

My Current account where I receive my salary is in DEBIT most the time.
I do have Overdraft facility with the Bank.
Will this effect my ILR?

Many Thanks

Re: Salary Account in Debit

Posted: Mon Aug 01, 2011 7:13 pm
by mk357
Gerry2011 wrote:Hello All,

My Current account where I receive my salary is in DEBIT most the time.
I do have Overdraft facility with the Bank.
Will this effect my ILR?

Many Thanks
Which visa are you on? because on visa types you may have to show maintenance fund. Unless you have another account that shows the maintenance fund then you could be in problem.

Posted: Tue Aug 02, 2011 10:00 am
by Gerry2011
Thanks MK57,

I am on Tier 1 General Visa.
Will it be a problem?

Many Thanks

Posted: Tue Aug 02, 2011 11:05 am
by Angela Jiang
Gerry2011 wrote:Thanks MK57,

I am on Tier 1 General Visa.
Will it be a problem?

Many Thanks

The Last 3 month should at least have some money in the account, I have similar issue, but I believe, the last 3 month is very important, when are you going to apply?

Posted: Tue Aug 02, 2011 11:23 am
by Gerry2011
December 2011.

Posted: Tue Aug 02, 2011 11:32 am
by Angela Jiang
Gerry2011 wrote:December 2011.
Don't worry then, make sure the last 3 month put some money in it, to be safe, keep minimal £800 available all the time for the last 3 month, if they ask about the month in debts, then just make up some reasons, usually, everyone has tight months in cash especially in England, people will undersand. But remember, the last 3 months, keep £800 all the time, no such a rule said, but to be safe to youself.

Posted: Tue Aug 02, 2011 1:21 pm
by Gerry2011
Many Thanks Angela,
I have myself and 2 dependents , I will try to keep about GBP 2000.00 in account.
Thanks anyways.