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personA wrote:Hi Everyone,
I'm planning to apply for Tier1 Entrepreneur visa and i have gone through the document provided by UKBA. I just want to know whether can I show the proof of funds of £50,000 as a fixed deposit.
Thanks in Advance.
pappu.
Dayyurite wrote:Yes, I have used it and they did not have any problem for the money being in fixed deposit.
They are not expecting us to just leave the money in the account with it will not earn any interest.
I have gone through the guide several times and they did not mention anything about Fixed deposits, that is the reason i have raised this topic. It clearly says MONEY AVAILABLE ON MY NAME, so that can even be considered as a fixed deposit (i'm not sure).kapoorinusa wrote:No fixed deposits it clearly says in policy guide . If you read that guide you will get most of answers .
How many days did it took to process your visa ?? have you shown the funds in UK or own country ??Dayyurite wrote:Yes, I have used it and they did not have any problem for the money being in fixed deposit.
They are not expecting us to just leave the money in the account with it will not earn any interest.