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Declaration of availability of third party funds
CONFIDENTIAL
For the attention of the UK Border Agency
I agree that this letter may be shown to the UK Border Agency. I will confirm the contents of this letter at the request of the Agency.
In regards to the application of Mr. So & So for Entrepreneur status in the United Kingdom:
I Mr. Third Party am the cousin of Mr. So & So who has made an application for Entrepreneur status in the United Kingdom. I am willing to share this information with the UK Border Agency.
I Mr. Third Party represent Alpha Bravo Charlie Ltd, which has £ 200,000 and will make it available to Mr. So & So for the business they run in the United Kingdom and that the funds will remain available to him until they are transferred to him or to his business.
Contact details of third party,
Address including postal code: Suite 123 ,ABC Plaza XYZ Road Post code . 0000 my Country
Landline telephone number: 000-00-1234567
National identity card: xyz-1234567
Place of issue: city name
Dates of issue: 00/12/2010 and Expiry 00/11/2024
Signature of third party Signature of applicant
Date that the declaration was made 00/00/2013
Hi,kim1 wrote:I have genuine funds available to me through third party, before 31 Jan 2013 I had it in my account for a brief amount of time for visa documentation, Due to changes now we have to have it on a ongoing basis so I am now going to submit third party's Business account statement for funds availability.
Once I have the visa the funds will be transferred to UK, as my third party is extending their business in the UK through me, till then a huge amount like this can not be frozen for UKBA's sake, which can earn alot of profit here and now.
with my visa a window opens in UK for us(me & third party) so the money will be in the business just like now but in a different place(UK)
My question :
Is there anything in the rules&laws or policy guidance which is holding me from submitting Business statement rather a personal statement from third party??? (answers with reference from laws/rules/policy guidance are welcome)
Route is 200K , Tier1 Ent entry clearance.
Okay they accept third party funding from a corporate body, surely the business wont be running by a personal account? then what , for your eyes I will quote policy guidance template.(you can find it on: Tier 1 (Entrepreneur) Policy Guidance version 01/2013 Page 52 of 52)buntyz wrote:hi kim
u cant use business account funds at all coz funds in buss acc belongs to buss nt an individual doesnt matter whose d owner. so i can gurantee that u cnnot use buss acc statement.
if you want corporate body to act as third party...you will have to rephrase the declaration letters...It needs to state:kim1 wrote:I have used the Policy guidance template for declaration which I quote....,
Declaration of availability of third party funds
CONFIDENTIAL
For the attention of the UK Border Agency
I agree that this letter may be shown to the UK Border Agency. I will confirm the contents of this letter at the request of the Agency.
In regards to the application of Mr. So & So for Entrepreneur status in the United Kingdom:
I Mr. Third Party am the cousin of Mr. So & So who has made an application for Entrepreneur status in the United Kingdom. I am willing to share this information with the UK Border Agency.
I Mr. Third Party represent Alpha Bravo Charlie Ltd, which has £ 200,000 and will make it available to Mr. So & So for the business they run in the United Kingdom and that the funds will remain available to him until they are transferred to him or to his business.
Contact details of third party,
Address including postal code: Suite 123 ,ABC Plaza XYZ Road Post code . 0000 my Country
Landline telephone number: 000-00-1234567
National identity card: xyz-1234567
Place of issue: city name
Dates of issue: 00/12/2010 and Expiry 00/11/2024
Signature of third party Signature of applicant
Date that the declaration was made 00/00/2013
above in red you can see that template suggests that a business can also be your third party funder. (You can read the original wording in the policy guidance)
Orite I see your point the re-phrasing makes sense and will do amendments.rsrameshsunil wrote:
It cannot say " I [Mr.third party] am the cousin of so and so"..this is not true because the person is not your third party..... ..you will also have to provide evidence that your cousin is an authorised person of ABC LTD....Also remember in addition to the declaration you will have to provide letter from ABC Ltd's Bankers which confirms that the money is available to you...Your visa will be refused is any of the above is not done...
It means You can submit bank statement instead of a letter from the bank only if the following conditions are satisfied:rahil74098 wrote:can you please explain again....rsrameshsunil wrote:and by the way bank statements are not allowed until unless the bank account is a personal account in your own name and the bank account is in UK...
Also make sure that the letter from bank says the amount of 200k is available to [your name]. I know it may be difficult to obtain this from bank. The letter should confirm the balance of ABC LTD and also explicitly mention that out of that available balance in the account, 200k is available to you[your name must be mentioned here]...It cannot be just a balance confirmation letter..This is very important..kim1 wrote:rsrameshsunil wrote:and by the way bank statements are not allowed until unless the bank account is a personal account in your own name and the bank account is in UK...
No its just the bank letter from the third party and a statement is provided to me but I wont be submitting it.
Well its going to be a tuff nut to crack as the south asian are bull headed and to plant a simple request wont and doesnt make sense to them I will try to get my details in the letter from the third party bank. thnx mate for the time.rsrameshsunil wrote:
Also make sure that the letter from bank says the amount of 200k is available to [your name]. I know it may be difficult to obtain this from bank. The letter should confirm the balance of ABC LTD and also explicitly mention that out of that available balance in the account, 200k is available to you[your name must be mentioned here]...It cannot be just a balance confirmation letter..This is very important..