Maintainence funds query

[Jay1607]

I am going to apply for Tier I HSW in the coming week. The only reason holding me back is the maintainence fund. I have been maintaining funds since 30th April at the conversion rate of 72 or more. But there are 4 days where I have maintained maintainence fund @ 72 conversion rate. But as of today the conversion rate is 72.4. Rest of the days I have maintained enuf money. Do you think I can go ahead and apply even if the conversion rate for next week stays above 72, or should I wait till it drops to 72. I have closing balance on my statement and letter @ conversion rate of 80.

Please advice about my chances of rejection if I apply next week with conversion rate more than 72.

[aruni4470]

I am going to apply for Tier I HSW in the coming week. The only reason holding me back is the maintainence fund. I have been maintaining funds since 30th April at the conversion rate of 72 or more. But there are 4 days where I have maintained maintainence fund @ 72 conversion rate. But as of today the conversion rate is 72.4. Rest of the days I have maintained enuf money. Do you think I can go ahead and apply even if the conversion rate for next week stays above 72, or should I wait till it drops to 72. I have closing balance on my statement and letter @ conversion rate of 80.

Please advice about my chances of rejection if I apply next week with conversion rate more than 72.

You have to take the conversion rate on the day of application and according to that rate your funds should not fall below the required amount in the 90 day period.

[lelik22]

Hi guys at the moment i have over 4000 pounds in my account ..but during 90 days this amount was dropping although i was trying to maintain the amound around 2800 p. can you please clarify which ex rate will be used to trace the money i had during that time?

[geriatrix]

The answer to your question is right there in the post above yours and here too.


regards