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Maintenance funds in fixed account

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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chanti2810
Newly Registered
Posts: 5
Joined: Wed Mar 18, 2009 6:00 am

Maintenance funds in fixed account

Post by chanti2810 » Fri Mar 20, 2009 5:55 am

Hello All,

Is it okay, If we show maintenance funds in a fixed account ?

Thanks in Advance!!

drjabberwocky23
Senior Member
Posts: 541
Joined: Wed Jan 09, 2008 10:08 pm

Re: Maintenance funds in fixed account

Post by drjabberwocky23 » Fri Mar 20, 2009 10:32 am

chanti2810 wrote:Hello All,

Is it okay, If we show maintenance funds in a fixed account ?

Thanks in Advance!!
Are the funds immediately accessible?
If so - then it'll probably be accepted.
If not - then you'll probably need some other form of evidence.

nnj10
Senior Member
Posts: 939
Joined: Sat Nov 18, 2006 12:39 pm
Location: England
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Re: Maintenance funds in fixed account

Post by nnj10 » Fri Mar 20, 2009 5:41 pm

chanti2810 wrote:Hello All,

Is it okay, If we show maintenance funds in a fixed account ?

Thanks in Advance!!
As per guidane notes, it has to be a CASH Fund.
If your money is tied into a fixed period account or Bond, than it is unlikely to be considered for maintenance (funds).
In other words, if your funds are in a Current Bank Account or in a Instant Access Savings account you should be OK.

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