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Requirement to have 2800 pounds in account for Tier 1

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

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rackspace
Newbie
Posts: 30
Joined: Fri Mar 26, 2010 11:55 am

Requirement to have 2800 pounds in account for Tier 1

Post by rackspace » Tue Mar 30, 2010 8:01 am

There is a requirement for Tier 1 that I should have 2800 pounds in my account for 3 recent months.
Now if I have funds in saving and mutual funds. Will they consider it too?
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vks
Senior Member
Posts: 766
Joined: Mon Feb 23, 2009 6:56 am

Re: Requirement to have 2800 pounds in account for Tier 1

Post by vks » Tue Mar 30, 2010 9:07 am

rackspace wrote:There is a requirement for Tier 1 that I should have 2800 pounds in my account for 3 recent months.
Now if I have funds in saving and mutual funds. Will they consider it too?
#

Savings in savings account is consired, but nor Mutual funds!
Regards,
vks
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rackspace
Newbie
Posts: 30
Joined: Fri Mar 26, 2010 11:55 am

Post by rackspace » Tue Mar 30, 2010 9:32 am

hmmm ...
what about government sponsored national saving schemes?
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vks
Senior Member
Posts: 766
Joined: Mon Feb 23, 2009 6:56 am

Post by vks » Tue Mar 30, 2010 9:36 am

rackspace wrote:hmmm ...
what about government sponsored national saving schemes?

See Para 199 of Tier 1 General Guidance for what HO accepts as maintenance funds
Regards,
vks
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