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30K in uk, 20K in India- is this acceptable?

Only for UK Tier 1 (Entrepreneur) points system. This route is now closed to new applicants.

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natesh87
Newly Registered
Posts: 16
Joined: Mon Jun 10, 2013 11:01 pm

30K in uk, 20K in India- is this acceptable?

Post by natesh87 » Mon Jul 22, 2013 12:13 am

Respective forum users,

I want to to apply for T1 ent switching from psw) -50k Fund.
My question is can I show 30k in my uk personal account and 20k in india (also in my personal account), making it a total of 50k?

Or they have to be in same location?

Thank you
Natesh

rehan01
Diamond Member
Posts: 1635
Joined: Fri Aug 10, 2012 7:05 am
Location: London

Post by rehan01 » Mon Jul 22, 2013 12:33 am

Acceptable (meeting others requirements too bank letter, regulated by state bank etc)

you will find details in policy guidance

regards

Risk_taker
Newly Registered
Posts: 25
Joined: Tue Jun 04, 2013 5:41 pm

Re: 30K in uk, 20K in India- is this acceptable?

Post by Risk_taker » Mon Jul 22, 2013 12:36 am

natesh87 wrote:Respective forum users,

I want to to apply for T1 ent switching from psw) -50k Fund.
My question is can I show 30k in my uk personal account and 20k in india (also in my personal account), making it a total of 50k?

Or they have to be in same location?

Thank you
Natesh


you will be fine but if you can drag all the money in UK bank account it will make your application processed faster.

natesh87
Newly Registered
Posts: 16
Joined: Mon Jun 10, 2013 11:01 pm

Post by natesh87 » Mon Jul 22, 2013 1:52 am

Both rehan01 and risk_taker

Thank you so much

Natesh

desibabu
Junior Member
Posts: 95
Joined: Tue Jul 02, 2013 1:13 pm

Post by desibabu » Tue Jul 23, 2013 1:27 am

Funds in UK personal account should make ur visa processing time lesser, as i have seen on the forum and heard from my friends...however even in indian personal account should be helpful.

smart_gem
Newly Registered
Posts: 27
Joined: Thu Jul 18, 2013 12:00 am
Location: United Kingdom

Post by smart_gem » Fri Jul 26, 2013 2:19 pm

Yes, it is absolutely fine as per immigration laws

KickAss
Member of Standing
Posts: 294
Joined: Mon Jan 02, 2012 8:36 pm
Location: Surrey

Re: 30K in uk, 20K in India- is this acceptable?

Post by KickAss » Fri Jul 26, 2013 2:29 pm

As said by Risk_Taker

Get money in UK bank account, it might get processed in days than months and months of wait possible leading to rejection.
Dont PM me.. Post it on the Forum ! It will help everyone :)
You can PM me the link or something specific to you.

smart_gem
Newly Registered
Posts: 27
Joined: Thu Jul 18, 2013 12:00 am
Location: United Kingdom

Post by smart_gem » Fri Jul 26, 2013 6:10 pm

There is no guarantee that UKBA will process the application faster if the money is held in UK. Applicants are waiting since long

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