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CAN I WITHDRAW FROM FUND AFTER INTERVIEW

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

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

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walfaw72
Newly Registered
Posts: 13
Joined: Sun Oct 14, 2018 12:34 pm
Egypt

CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by walfaw72 » Wed Oct 24, 2018 1:17 pm

Hi all
I finished my interview for tier 1 entrepreneur visa two days ago
I keep my fund in two bank accounts one of them in local currency and i need to withdraw some amount from it to start change it to GBP ( their will be 3 days gap between withdrawal from local account and deposit in GBP account )

Is it a problem to withdraw the money from the fund account before the HO decision

appreciate your reply and help

hollan
Newbie
Posts: 44
Joined: Thu Feb 22, 2018 8:04 am
India

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by hollan » Wed Oct 24, 2018 1:52 pm

Just to be on the safe side you need to keep maintenance amount until you receive your Visa, if something goes wrong with your current application and you need to summit a new application you will need to show maintenance amount for 90 Days in your Bank

User avatar
Rockey
Member of Standing
Posts: 342
Joined: Sat Aug 09, 2014 7:01 pm

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by Rockey » Wed Oct 24, 2018 2:15 pm

You should not ! to be safe side never make such kind of silly mistake. Let the result come
Best Regards

Rockey

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marcnath
Moderator
Posts: 6493
Joined: Tue Jul 03, 2012 3:27 pm
Location: Milton Keynes
United Kingdom

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by marcnath » Wed Oct 24, 2018 2:33 pm

01001435770 wrote:
Wed Oct 24, 2018 1:17 pm
Hi all
I finished my interview for tier 1 entrepreneur visa two days ago
I keep my fund in two bank accounts one of them in local currency and i need to withdraw some amount from it to start change it to GBP ( their will be 3 days gap between withdrawal from local account and deposit in GBP account )

Is it a problem to withdraw the money from the fund account before the HO decision

appreciate your reply and help
The immigration rules require that you have access to the funding you have shown until it is invested in the business. If it is only that the money is in transit, then you still have access to it - so, in my opinion, that would not violate the conditions of your visa application.

It looks like you are totally willing to take the risk that the application may actually be refused.
My comments are in no way meant to be advisory. I have no professional knowledge of immigration. These are based on my own experience, convictions and personal interpretation of publicly available information.

walfaw72
Newly Registered
Posts: 13
Joined: Sun Oct 14, 2018 12:34 pm
Egypt

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by walfaw72 » Wed Oct 24, 2018 2:53 pm

01001435770 wrote:
Wed Oct 24, 2018 1:17 pm
Hi all
I finished my interview for tier 1 entrepreneur visa two days ago
I keep my fund in two bank accounts one of them in local currency and i need to withdraw some amount from it to start change it to GBP ( their will be 3 days gap between withdrawal from local account and deposit in GBP account )

Is it a problem to withdraw the money from the fund account before the HO decision

appreciate your reply and help
Thanks all
i will take your advises and keep it untouched till decision

User avatar
roniksoni
Member
Posts: 122
Joined: Fri Aug 22, 2014 11:24 am
Mood:
United Kingdom

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by roniksoni » Thu Oct 25, 2018 8:02 pm

I guess you shouldn’t withdraw it.

Anyways need piece of advice from you.

First of all where have u applied from ?

Secondly how much NHS fees have you paid ?
And
Lastly when did u apply for the visa ?


Early reply will be appreciated

Thnx

walfaw72
Newly Registered
Posts: 13
Joined: Sun Oct 14, 2018 12:34 pm
Egypt

Re: CAN I WITHDRAW FROM FUND AFTER INTERVIEW

Post by walfaw72 » Sat Oct 27, 2018 10:51 am

roniksoni wrote:
Thu Oct 25, 2018 8:02 pm
I guess you shouldn’t withdraw it.

Anyways need piece of advice from you.

First of all where have u applied from ?

Secondly how much NHS fees have you paid ?
And
Lastly when did u apply for the visa ?


Early reply will be appreciated

Thnx
hi
i applied online 28-9-2018 from Egypt

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