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Congratulations VKCTATA. All the best.vkctata wrote:First of all thank u everyone for helping me by answering all my questions...
my application timeline ...
via PSW... money overseas...
Applied on 10th jan 2014..
bio-metrics 18th jan...
request for additional info 1st march..
documents sent .. 10th march ..
approval letter generated .. 13th march ..
received 14th jan...
here are the documents I sent..
1. Covering Letter
2. Tier 1 Entrepreneur Application(PSW route)
3. Access to 50k funds
a. Bank Covering letter (Balance, Regulated, Disposable anywhere)
b. ICICI Bank statement showing 50k
c. Printouts from FSA Registrar
4. MSc Degree Certificate(English Language)
5. Maintenance funds
a. Covering Letter from Bank stating £900 available from last 3 month
b. Halifax account statement showing £900 + funds available for last 3 consecutive months
6. Barclays Business account welcome letter
7. Business account statement & Closing balance Print
8. Business plan & Market Research
9. Personal CV
10. Professional certifications
11. Companies house current appointments letter
12. Companies cash flow documents
a. Profit/loss for 2014
b. Balance sheet 2014
c. Monthly Cash flow 2014
13. Latest contracts won(Received purchase order for services)
13. Last 2 months invoices
14. Timesheets
15. Companies other legal documents
a. Original certificate of incorporation
b. Employers liability insurance provided by Hiscox
c. Public Liability insurance provided by Hiscox
d. Email confirming change of address accepted by Companies house
16. Companies website printout
17. Marketing Material
a. Gumtree.com advertisement( showing companies name and directors)
b. Facebook advertisement approval email showing advertisement
c. Google advertisement now up and running email showing advertisement
18. Recent client interactions emails printouts
19. Passport , BRP, UK Driving License
Once again thank you all ...
vkctata wrote:@Entreprenuersweare
if the funds are in your personal account .. then you need a letter from branch manager saying ...
Name. ...son of...with account number.. is with ICICI bank from (account opening date)...which is regulated by Reserve bank of India..... has a balance of RS(500000)...(pounds in bracket) ... which is calculated at £1 = 102.5 rupees... and this funds can be disposed anywhere(anywhere because ICICI cant specify name of country)....
Mr. xxxxx is one only person who has the the rights to access this account. Please contact me if any further information is required...
bank manager
if the money is in your family members account... get something like this and get a declaration from them that they has no objection for you to use this money .. take a photocopy of their passport and make them sign in front of a lawyer..
remember .. money disposable anywhere,regulated by reserve bank of india and balance are the most important things... and also attach the statement with icici stamp on it.
and below is the exact covering letter I sent to make them clear about funds..
Dear UKBA
I am writing this covering letter to let you know that my access to £50,000 is available in my Indian ICICI Bank personal account. This bank is regulated by "Reserve Bank of India" in India and is also regulated by Financial Services Authority (reference no. 223268) in the UK. To prove this I have attached printouts of Banks FSA reference details from "The FSA Register" to the bank statement.
Kind Regards,
xxxxxxxx
Additional Documents : I haven't sent the original bank statement of my business account with application.. I used the automatic statement print machines at barclay's and sent it. .. so they requested me to send a letter from bank on the bank letter head saying that the business is trading.. which is not a big deal..
please let me know if u need any further info...