Regarding Investment Funds

[muni4you]

Hi,
we are two directors for a Limited company holding £25000 each in our personal accounts, we are unable to get a joint account or business account.
Can we show that £25000 in each personal account available to each other.
Please help us ,we need to apply visa by this week end.

[khan_81]

I have seen so many visa application refused for a reason of not having equal access to 50000 investment fund. I will advice you to try to open a joint account and transfer all fund so to give you equall access to fund. It is very important as I have even seen an appeal dismissed with two team members having investment fund in their respective personal accounts.
Hope this helps

[Olasunkanmi]

@ muni4you, if you are unable to open a joint account/business account, then you both need to sign a declaration for each other stating that you give each other the permission to use funds in your accounts and the declarations should be attest by a legal representative.

[mcr2013]

joint account is the best option

[Darvesh]

try to add ur name into ur partner existent account or vice versa, may it help u otherwise they may object as not having 50k access.

[aliraza.lca]

hey i m on the same stage...trying to open a account...my accountant advise us to open joint account although its a pain taking process...bt its much better for u guys to open it as soon as opssible...

[Dasistfact]

Hi. What's the problem to open joint or business account? What do banks say?

[temoham]

My friend and I are unable to open a business account because we do not have at least 6 moths of valid visa. On the other hand, our immigration adviser suggested to put 50K in only one of our personal account because if we open a joint account we need to transfer the whole 50K into that joint account in within a short period of time. Is it possible to put 50K in my account and just mention that my teammate has access to my 50K funds as well?