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Bank statement for 50K/200K funds(90 days or just one month)

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

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amnaali03
Member
Posts: 120
Joined: Wed Feb 19, 2014 9:13 am

Bank statement for 50K/200K funds(90 days or just one month)

Post by amnaali03 » Sun Jun 22, 2014 8:52 pm

I am going to apply for entrepreneur visa, PSW route. Please let me know that from how long the funds (50K/200K) should be in account? 90 days, 28 day or just few days before application will be ok? Is there any guideline from home office about this duration?

Maintenance funds should be in account for 90 days, that Ok.

nasirkhan
- thin ice -
Posts: 229
Joined: Sun Jun 08, 2014 11:11 pm

Re: Bank statement for 50K/200K funds(90 days or just one mo

Post by nasirkhan » Sun Jun 22, 2014 10:36 pm

There is no guideline from the HO regarding the time for the investment funds in the account. However I am also trying to find out if someone had this objection raised by the case worker.

My problem is that half of my investment funds will come from a third part. I need advice on whether I should have that money transferred to my account (in which case the statement will be of a month or so) or to show it as a separate third party funds offered for the business.

Please advise.

fjsl
Newly Registered
Posts: 8
Joined: Fri Jun 13, 2014 4:14 pm

Re: Bank statement for 50K/200K funds(90 days or just one mo

Post by fjsl » Mon Jun 23, 2014 2:55 am

amnaali03 wrote:I am going to apply for entrepreneur visa, PSW route. Please let me know that from how long the funds (50K/200K) should be in account? 90 days, 28 day or just few days before application will be ok? Is there any guideline from home office about this duration?

Maintenance funds should be in account for 90 days, that Ok.
Hi
First thing 50k is not the maintenance fund it is called investment funds.
U dont need 30days or 90 days for investment funds. There is no such requirement for it. The most important thing which is a requirement that ur 50k should be present at all time in the account once u apply ur case
If u need further assistance feel free

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