Maintenance fund have to show the currency exchange rate

[ABM]

Hello forum,

i got one doubt regarding the maintenance fund bank letter.

as im in middle-east and planning to apply for T1.

if i manage to get the bank letter confirms funds that have been in my account for last 90 days, so what im asking is do i have to ask the bank to make the amount converted in GBP or it will be fine to have middle east currency shown on that letter?

off-course the letter will be in English.

please advice.

Regards,

[t1s2010]

Hi ABM,

You don't need to convert in GBP.
Showing in actual currency should be good.

I showed only INR in my complete case.
Why to worry about GBP when case worker will anyway calculate it.

[aruni4470]

The exchange rate to be used to convert maintenance fund should be the exchange rate on the date of application. So, unless you get the letter on the same day of your application, the figure in GBP is useless.

[push]

The exchange rate to be used to convert maintenance fund should be the exchange rate on the date of application. So, unless you get the letter on the same day of your application, the figure in GBP is useless.

And therefore get the statements/ letter with balance in original currency only.

[ABM]

The exchange rate to be used to convert maintenance fund should be the exchange rate on the date of application. So, unless you get the letter on the same day of your application, the figure in GBP is useless.

And therefore get the statements/ letter with balance in original currency only.

Thank You All

[riteshgaur]

Hi Aruni,

The minimum amount in the maintenance period (3 months) should be converted to Pound using which date RATE? i.e. the day when amt was minimum, last day of maintenance period, date of application to VFS?

If date of application is considered, do we need to submit the printout of rate also?

Thanks in advance

[aruni4470]

Hi Aruni,

The minimum amount in the maintenance period (3 months) should be converted to Pound using which date RATE? i.e. the day when amt was minimum, last day of maintenance period, date of application to VFS?

If date of application is considered, do we need to submit the printout of rate also?

Thanks in advance

204. The exchange rate of overseas currency will be made using the OANDA rate conversion on the date of application. www.oanda.com

Page 33 of http://bia.homeoffice.gov.uk/siteconten ... idance.pdf

If you want to attach a printout, you can.

[t1s2010]

No rates printout or detail needed.

Mentioning all amounts in local currency should be fine.
I put 'INR' with amount in my cover letter.