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Bank letter

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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marshal8732
Member
Posts: 101
Joined: Tue Jun 03, 2014 10:19 pm

Bank letter

Post by marshal8732 » Sun Sep 07, 2014 2:08 pm

Hi
I have £50K in my business bank account, I got all the statement but the Barclay bank is refusing to give me letter to say the funds are disposal in the UK.
They are stating they can only issue letter according to there templates so can not give me the letter that I need.
Is this going to cause problem in my case?

samaygrg
Senior Member
Posts: 607
Joined: Sun Jun 10, 2012 12:12 am
Location: United Kingdom

Re: Bank letter

Post by samaygrg » Sun Sep 07, 2014 4:39 pm

Try in different branch or with different people. I had similar situation and at last I'd managed. They can put in their words like 'available to business anytime' or something like that. And had you taken a draft to show? it will help.
_______________________
'It is good to celebrate the success, but, it is the best to learn lessons from the failures'

marshal8732
Member
Posts: 101
Joined: Tue Jun 03, 2014 10:19 pm

Re: Bank letter

Post by marshal8732 » Sun Sep 07, 2014 4:44 pm

Hi
thank you for your response.
Is it necessary to show bank letter when the money is in UK under my business name, would statement not be enough.

samaygrg
Senior Member
Posts: 607
Joined: Sun Jun 10, 2012 12:12 am
Location: United Kingdom

Re: Bank letter

Post by samaygrg » Sun Sep 07, 2014 5:19 pm

Well, it is not mandatory and good to provide one. Guidance says evidence of fund/money and either of them will serve as evidence.

BTW, we had our full £50K in our personal account, not in business account at the time of application. So I wonder if you've clear-cut understanding in case they ask youl or may be you need any extra document, so I suggest u as blog fellow, you better to have a word with the experts in this regards.
_______________________
'It is good to celebrate the success, but, it is the best to learn lessons from the failures'

marshal8732
Member
Posts: 101
Joined: Tue Jun 03, 2014 10:19 pm

Re: Bank letter

Post by marshal8732 » Sun Sep 07, 2014 5:25 pm

Hi
As according to new guidance the money can not be in personal account and have to be in business.
As mentioned Barclay wont give me a letter which home office require and they can only issue letter according to there templates.

samaygrg
Senior Member
Posts: 607
Joined: Sun Jun 10, 2012 12:12 am
Location: United Kingdom

Re: Bank letter

Post by samaygrg » Sun Sep 07, 2014 6:03 pm

marshal8732 wrote:Hi
As according to new guidance the money can not be in personal account and have to be in business.
As mentioned Barclay wont give me a letter which home office require and they can only issue letter according to there templates.

That's what they told to me at first. I requested and had an appointment with Branch Manager, later he agreed and developed a sort of letter, also gave his visiting card and that worked for me. Hope you can get it too.
_______________________
'It is good to celebrate the success, but, it is the best to learn lessons from the failures'

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