Maintenence funds in Business Account

[mjay]

hi
can any body knows we can use business account to show maintenence funds £900 for 3 months thank every body

[BlackBirdSSG]

For Maintenance Funds : NO

i) Personal bank or building society
statements covering a consecutive 90 day
period: The most recent statement must be
dated no more than one calendar month
before the date of application.
The personal bank or building society
statements should clearly show:
• the applicant’s name;
• the account number;
• the date of the statement;
• the fi nancial institution’s name and logo;
• any transactions during the 90 day
period

The business is not the applicant here. It is the migrant who is applying, I should think that to be in line with the rules, one needs to provide a personal statement rather than a business statement. Moreover, Business Account is always under Business's name and not under individual's name.

[rehan01]

Answer is NO

and you need to show maintenance funds in personal account as explained by the other user above

hi
can any body knows we can use business account to show maintenence funds £900 for 3 months thank every body

[sriks]

No

Funds in business account belong to the company and not individual

[rizwan567]

No

[KickAss]

For Maintenance Funds : NO

i) Personal bank or building society
statements covering a consecutive 90 day
period: The most recent statement must be
dated no more than one calendar month
before the date of application.
The personal bank or building society
statements should clearly show:
• the applicant’s name;
• the account number;
• the date of the statement;
• the fi nancial institution’s name and logo;
• any transactions during the 90 day
period

The business is not the applicant here. It is the migrant who is applying, I should think that to be in line with the rules, one needs to provide a personal statement rather than a business statement. Moreover, Business Account is always under Business's name and not under individual's name.

Guys I have a small question here, I am going to show money in my business account (50K +) now the statements have it on the company name and it does not have my name on it. so will that be ok ? or do I have to beg banks to issue a letter saying I have the access to my business bank account ??

[Lucapooka]

This thread is a discussion with regard to personal maintenance for a Tier 1 (Ent) migrant, rather than capital sum. Your question seems to be with regard to capital sum. The conditions for personal maintenance has been answered very clearly.

[rehan01]

Answer is NO you have to show capital / investment funds in personal account not business account.

For Maintenance Funds : NO

i) Personal bank or building society
statements covering a consecutive 90 day
period: The most recent statement must be
dated no more than one calendar month
before the date of application.
The personal bank or building society
statements should clearly show:
• the applicant’s name;
• the account number;
• the date of the statement;
• the fi nancial institution’s name and logo;
• any transactions during the 90 day
period

The business is not the applicant here. It is the migrant who is applying, I should think that to be in line with the rules, one needs to provide a personal statement rather than a business statement. Moreover, Business Account is always under Business's name and not under individual's name.

Guys I have a small question here, I am going to show money in my business account (50K +) now the statements have it on the company name and it does not have my name on it. so will that be ok ? or do I have to beg banks to issue a letter saying I have the access to my business bank account ??

[rehan01]

Stop picking on people its not the end of the world but agree people should start new thread instead of merging question in other threads.

regards

This thread is a discussion with regard to personal maintenance for a Tier 1 (Ent) migrant, rather than capital sum. Your question seems to be with regard to capital sum. The conditions for personal maintenance has been answered very clearly.

[KickAss]

Thanks and Apologies
Will take care next time
Regards

Stop picking on people its not the end of the world but agree people should start new thread instead of merging question in other threads.

regards

This thread is a discussion with regard to personal maintenance for a Tier 1 (Ent) migrant, rather than capital sum. Your question seems to be with regard to capital sum. The conditions for personal maintenance has been answered very clearly.

[rehan01]

no worries man its not end of the world ... relax

Thanks and Apologies
Will take care next time
Regards

Stop picking on people its not the end of the world but agree people should start new thread instead of merging question in other threads.

regards

This thread is a discussion with regard to personal maintenance for a Tier 1 (Ent) migrant, rather than capital sum. Your question seems to be with regard to capital sum. The conditions for personal maintenance has been answered very clearly.