Account ending its term

[juliajules1979]

Hi

My husband can apply for ILR on the 18th may, as he will have completed 2 years in UK (settlement visa).

We can submit his application 28 days before, (21st April). However on the 7th April, our joint savings account will finish its years term. I have supplied statements throughout the last year showing this account.
(I will also be supplying joint current account statements for the full 2 years).
I am confused as to what I should do. I am aware that I need to submit up to date statements, if I submit the last statement on my savings account it will be dated 6th April, 2010, do you think that the home office will ask for a more recent statement on this account? After 7th April the account will close and the money we have invested in it will need to be reinvested in a new account, and I dont want home office to see a large sum of money being put into a newly opened account.

Any suggestions? Many thanks in advance.

[kiwigirl25]

Hi Julia

That's an odd product for any bank to offer a customer?? But that's by the by...

If the amount being transferred to the new account is exactly the same as the old account I feel that is prefectly explainable. You had a limited term savings account and the bank required you to close that account and transfer funds to a new account upon expiry of the account. Do you have a copy of the Term & Conditions for your existing account? Provide this as evidence to UKBA. If not the bank should/must supply a copy of the T&C to you.

You're not doing anything dodgy like money laundering and are being dictated by your bank. You have nothing to worry about and you have a perfectly acceptable explaination for the change of accounts Though why would you not want the UKBA to see this transfer?

[juliajules1979]

Thanks for your advice. I have no problem with them seeing the transfer, just wondered how I should go about it. I just didnt want them seeing a new account and thinking my husband has paid me to get his visa!!

Many thanks

[kiwigirl25]

Make sure you take statements from the closed account including the final statement showing the closure/transfer. Hopefully then there will be no question of your husband possibly paying you to marry him

[juliajules1979]

haha Many Thanks