I have a simple question. In the guidance it says the applicant must have £2800 before he applies.
so does that mean they use the rate when I apply or they check the rate for every day and make sure that I have the equivalent of £2800 at all times? I mean do they use a one rate which is the one at the time of the application or they use the rate for each individual day and make they I have the equivalent of £2800 for every single day?cash savings in a account overseas (we convert the amount to pounds sterling using the rate which appears on the OANDA website, which you can finds on the right of this page, and the date on your bank statement), that have been in your account for at least three months before your application.
There are many rates at the http://www.oanda.com/currency/converter/ website which one I should use? ex Min, Avg, Max