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Note: I have changed this post after a second look.Is this a overlook by the EC Officer? Can i apply for administrative review stating this point?
And the 3 months period which is to be considered by ECO should be period A below.79. All the periods we specify are calendar months (for example 14 January – 13 February).
1. Yes, i have maintained around 2861 pounds (taking 85Rs / pound) for the complete period.CoolestGuyC wrote:AssumptionsIs this a overlook by the EC Officer? Can i apply for administrative review stating this point?
1. You have maintained more than GBP 2800 since 06-04-2008. (The minimum combined balance in both accounts has not fallen below GBP 2800 in this period:06/04/2008 to 05/07/2008)
2. You have submitted bank statements with starting date not later than 06/04/08 and ending date not earlier than 05/07/08.
Best of luck for the admin review!!
P.S. But you can succeed only if the assumptions which I have given are true, otherwise the chances of success are zero.
If you consider 05/04/2008 in your 3 month period, then your application will clearly fail because minimum balance on that date was ~ 5000 INR.As per the statement, on 05/04/08, 1,54,000 has been deposited.
So, shouldn't all the transactions on that day be taken into consideration?
When we say a period of 05/04/08 to 05/07/08, it means the minimum balance on each day of that period.When we say a period of 05/04/08 to 05/07/08, does it start with the opening balance on 05/04/08 or closing balance on 05/04/08?
This is also an error on part of entry clearance officer, because he should take uniform exchange rate for whole period (exchange rate which is valid on last day of statement on onanda.com, which in your case is 05/07/2008).One more thing, if we look at Rs.5100 of Bank statement1, they have mentioned as 56pounds, which puts the exchange rate at Rs.89.
But the second line, takes the exchange rate as Rs.85. Infact, in the first page of Refusion letter also, they have mentioned exchange rate considered as Rs.85
Don't know why this discrepancy though?
1. Should i mention this in admin review comments?CoolestGuyC wrote: This is also an error on part of entry clearance officer, because he should take uniform exchange rate for whole period (exchange rate which is valid on last day of statement on onanda.com, which in your case is 05/07/2008).
So you apply exchange rate applicable on 05/07/2008, which is 85.60 INR/GBP and not 85 as you have calculated.
However, I dont think this fact would make any difference to your application, would it?
CoolestGuyC wrote:This is also an error on part of entry clearance officer, because he should take uniform exchange rate for whole period (exchange rate which is valid on last day of statement on onanda.com, which in your case is 05/07/2008).
AkashS wrote:Also, please go through these URLs. It is mentioned that the applicant should maintain at least 800 GBP during last 3 months at any given time. Does it mean GBP 800 minimum everyday or they consider minimum average/month or per quarter?
URLs are:
http://www.lawfirmuk.net/english/tier1.htm
http://www.workpermit.com/news/newslett ... 2008_03_05
Rather than gathering information from external (and perhaps unreliable) sources, check the UKBA website for information and read the Tier 1 policy guidance *carefully*. The answer to your query, though explained above, is already available on the UKBA website (Maintenance (funds) - What documents must show) and also in the Tier 1 guidance (para 197).AkashS wrote:Also, please go through these URLs. It is mentioned that the applicant should maintain at least 800 GBP during last 3 months at any given time. Does it mean GBP 800 minimum everyday or they consider minimum average/month or per quarter?
URLs are:
http://www.lawfirmuk.net/english/tier1.htm
http://www.workpermit.com/news/newslett ... 2008_03_05