Bank Funds Level

[sdr]

For maintenance do they look at balance levels during a day or balance at the end of each day. i.e if your balance went below the required amount during one day, but the closing balance that day was above the required amount, is that still ok?

[rizwan567]

Balance is checked after each transcation.

[adityak77]

bank balance should not fall below the required 2800 pounds for consecutive period of 90 days or 3 months.

[sdr]

Balance is checked after each transcation.

So if I have a bank letter that just confirms minimum balance was maintained then I should be ok?

[aruni4470]

Balance is checked after each transcation.

So if I have a bank letter that just confirms minimum balance was maintained then I should be ok?

The below are the conditions you need to fulfil while obtaining a letter from bank.

iii) Letter from bank confirming funds and that they have been in the bank for a consecutive 90 day period, ending no more than one calendar month before the date of application :
The letter from a bank or building society should show:
• the applicant’s name;
• the account number;
• the date of the letter;
• the financial institution’s name and logo;
• the funds held in the applicant’s account;
• that the funds of £2,800 or £800 have been in the bank for at least a consecutive 90 day period on and immediately before the date of the letter.
The letter must be dated no more than one calendar month before the date of application.
All statements must be on the bank’s letterhead/official stationery.
We will not accept letters which show the balance in the account on a particular day as these documents do not show that the applicant holds enough funds for the full period needed.

[vet]

Can someone please post a sample letter here?

[prisat]

Can someone please post a sample letter here?

NOTE : This is given to you based on ur request. But i am not responsible for any outcomes becos of ur decision.


To

The Assessing Officer
British Deputy High Commission
Chennai

Dear Sir

We refer to your letter dated 11/06/10 requesting bank to provide funds maintenance certificate for below referred account with us.

This is to certify, that Mr. Bill Gates is holding savings account no 00900610055555 with our bank since 06/10/2006 and the minimum balance kept in the account for the period 3rd March 2010 to 2nd June 2010 is Rs. 500000 which is equivalent to 7422.80 GBP @ 67.36 as of 11th June 2010.

This letter has been issued on the specific request of the customer and without any recourse to the bank or the official signing the same.


For ABCD ungappan Thaadi Bank Ltd


<Signature> and Bank Seal

Authorised Signatory

Date : 11/06/2010
Place : Chennai

[vet]

Thank you!!!!, Love the bank name ABCD Ungappan Thaadi bank

what I was looking for is, anyone who has obtained a Tier-1 Visa can simply post the exact same format of the letter they used. it would be really helpful.

[rizwan567]

Thank you!!!!, Love the bank name ABCD Ungappan Thaadi bank

what I was looking for is, anyone who has obtained a Tier-1 Visa can simply post the exact same format of the letter they used. it would be really helpful.

Mate use some brain. You have been given guideline by aruni and also a sample letter by other user. Now onus is on you to make a sample letter and post it here. We will let you know if is fine.

[prisat]

Thank you!!!!, Love the bank name ABCD Ungappan Thaadi bank

what I was looking for is, anyone who has obtained a Tier-1 Visa can simply post the exact same format of the letter they used. it would be really helpful.

So, you are from TN

LoL

[gd_Shepherd]

what I was looking for is, anyone who has obtained a Tier-1 Visa can simply post the exact same format of the letter they used. it would be really helpful.

Every bank has a general format for these kinds of requests. Ask them to give a sample print and check whether all aspects required under Tier-1 are covered and then you could go ahead with final print.

Have a look at the stickies. That would be first place to visit before I would start posting (of course after a SEARCH)

http://immigrationboards.com/viewtopic.php?t=24717

Shepherd

[mzeeshan]

Thank you!!!!, Love the bank name ABCD Ungappan Thaadi bank

what I was looking for is, anyone who has obtained a Tier-1 Visa can simply post the exact same format of the letter they used. it would be really helpful.

I got Tier 1 and i didn't submitted any silly letter from the bank because it is clearly written in the guide that the balance must not fall below 2800 pounds for 90 consecutive days.

So there is no question whether its a balance on day end or day start. The Point is that the amount in your bank statement must must not fall below 2800 pounds for consecutive 90 days for any reason and after any transaction.

Hope that helps.

Cheers.