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DO I have to show Funds sources ???

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

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rumise
Junior Member
Posts: 57
Joined: Fri Jan 06, 2012 9:13 am
United Kingdom

DO I have to show Funds sources ???

Post by rumise » Fri Sep 14, 2012 11:30 am

Hi Guys,

I need urgent help on this matter ....

I m going to apply for Tier 1 Enp on Monday (17th).
and I have question about 50k funds.

I have £11k here in UK in my account and rest of the money (£45k) I have showing from overseas (got all relevant documents).
Now here I have got 11K from different sources and all funds came into my bank in last week. would it be ok or UKBA can ask me where I have got these funds??? do I have to send them any proof. Although All 11K came from different Banks Accounts and Account Holder Names appear on My Statement as well.

I have few couple of entries on my bank statement which just show transactions. I have not used this account for long time and can't use my main account because all my maintenance funds are in that account.

any advice will be highly appreciated.

kayani2012
Junior Member
Posts: 68
Joined: Tue Jul 10, 2012 10:34 pm

Post by kayani2012 » Fri Sep 14, 2012 11:35 am

Dont worry HO dont ask for source.it was old rule

rajm2012
Member
Posts: 101
Joined: Tue Jul 10, 2012 11:25 pm

Re: DO I have to show Funds sources ???

Post by rajm2012 » Fri Sep 14, 2012 4:21 pm

rumise wrote:Hi Guys,

I need urgent help on this matter ....

I m going to apply for Tier 1 Enp on Monday (17th).
and I have question about 50k funds.

I have £11k here in UK in my account and rest of the money (£45k) I have showing from overseas (got all relevant documents).
Now here I have got 11K from different sources and all funds came into my bank in last week. would it be ok or UKBA can ask me where I have got these funds??? do I have to send them any proof. Although All 11K came from different Banks Accounts and Account Holder Names appear on My Statement as well.

I have few couple of entries on my bank statement which just show transactions. I have not used this account for long time and can't use my main account because all my maintenance funds are in that account.

any advice will be highly appreciated.
I will be applying for Entrepreneur visa soon and I will be showing £30K in the UK in my account and rest of the amount in my home country. I don't have 30K in my account at the moment but my uncle will be transferring this amount into my account. Most people I've spoken to are of the opinion that we don't have to show the fund source but I'm still confused. Another thing I'm confused about it is how long should the funds have been there in my account OR it doesn't really matter??

kayani2012
Junior Member
Posts: 68
Joined: Tue Jul 10, 2012 10:34 pm

Post by kayani2012 » Fri Sep 14, 2012 10:56 pm

there is no time period for 50k.even u can show them after one day. u dont need to tell them source of money.

smehmood
BANNED
Posts: 318
Joined: Wed Aug 01, 2012 11:30 pm
Location: Uk
Contact:

Post by smehmood » Sat Sep 15, 2012 10:54 pm

kayani2012 wrote:there is no time period for 50k.even u can show them after one day. u dont need to tell them source of money.

hi

I agree with above statement. Kayani2012 is right. Please do,nt be confuse.
Shaukat

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