ESC

Click the "allow" button if you want to receive important news and updates from immigrationboards.com


Immigrationboards.com: Immigration, work visa and work permit discussion board

Welcome to immigrationboards.com!

Login Register Do not show

Showing 2 banks for maintaining 900pounds for 3months

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

Moderators: Casa, archigabe, CR001, push, JAJ, ca.funke, Amber, zimba, vinny, Obie, EUsmileWEallsmile, batleykhan, meself2, geriatrix, John, ChetanOjha

Locked
RamyaSree
Newly Registered
Posts: 4
Joined: Tue Jan 28, 2014 8:18 pm

Showing 2 banks for maintaining 900pounds for 3months

Post by RamyaSree » Tue Jan 28, 2014 8:26 pm

Hi All,
Plz help me out....

Iam maintaing my funds 900 pounds from 2months in bank A and transferred that amount to bank B accidentally and still maintaining that amount in bank B ...

Is that okie to show 2 banks for maintaing funds allowed or not allowed.

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 12:12 pm
Location: United Kingdom

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by tanvir1985th » Tue Jan 28, 2014 8:55 pm

its absolutely fine as long as it deesnt go below 900

RamyaSree
Newly Registered
Posts: 4
Joined: Tue Jan 28, 2014 8:18 pm

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by RamyaSree » Tue Jan 28, 2014 9:25 pm

My Scenario(

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 12:12 pm
Location: United Kingdom

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by tanvir1985th » Tue Jan 28, 2014 9:53 pm

right, now i understand yr whole situation. its quite complex. regarding that one day gap should not be any problem because normally even in a single statement if u didn't do any transaction on a day then nothing will be recorded on that day. say for example from 3-10 of a given month there is no transaction but on 3rd of month balance was 900 then its regarded that on those days when there was no transaction also balance was 900. in yr case u can explain that to the case worker in a covering letter that after transfer it didn't show on that day rather it showed the next day. but the burning issue is using overdraft. u r not allowed to use any loan or credit as part of yr maintenance or investment fund. thats something really worrying even tho u had a balance of 900 anyway but that indicates that u intend to use overdraft. so I'm not sure what will be case worker's view on this.

RamyaSree
Newly Registered
Posts: 4
Joined: Tue Jan 28, 2014 8:18 pm

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by RamyaSree » Tue Jan 28, 2014 10:11 pm

Hi tanvir.

I agree with ur point but i got a small question here- I am maintaining my own funds 1050 from past .Here in my case i transferred 2300 to bank b including overdraft and my own funds 1050.But here if i use my overdraft they should first deduce my own funds (1050) and then minus the over draft amount right?.i.e. 1050(my own balance)+1250(overdraft amount)=2300

Plz let me kno if anything is not cleared.plz

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 12:12 pm
Location: United Kingdom

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by tanvir1985th » Tue Jan 28, 2014 10:15 pm

u r right that they will deduct yr own money first. but question is not that, question will be raised that why have u transferred overdraft when u had enough fund

RamyaSree
Newly Registered
Posts: 4
Joined: Tue Jan 28, 2014 8:18 pm

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by RamyaSree » Tue Jan 28, 2014 10:20 pm

Hi tanvir,

I dont have answer to that question.But iam showing 50,000 pounds @ back home.if so why they should bother about using overdraft money as iam already having my own money of 1050 in which they need to see 900...as i can say now thats my personal thing to use overdraft.As i said i dont have any answer to say for the question which u posed me yar..

yar u r superb .....i really appreciate ur questions which r genuine and i am realizing now iam taking risk to drop this visa...ahhh...now aim in cross roads to drop the visa or not

tanvir1985th
Member of Standing
Posts: 279
Joined: Sun May 05, 2013 12:12 pm
Location: United Kingdom

Re: Showing 2 banks for maintaining 900pounds for 3months

Post by tanvir1985th » Tue Jan 28, 2014 10:24 pm

go for application anyway and hope for best as there is no other option. but yes u should have been more careful as the fault lies with u

Locked