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Topic: Cash savings question  (Read 1074 times)

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Cash savings question
« on: July 24, 2019, 11:42:56 PM »
I'm working on an unmarried partner visa.  I'm planning on using cash savings to meet the financial requirement.  The problem is the account I'm using had a check go through that was immediately canceled by the bank the next day, however, the account now shows a large sum of money being removed and then added right back by the bank.  Since this check briefly brought the account below the required amount (even though the balance was quickly restored), does this mean I would no longer meet the financial requirement with this account?

Basically, this account has the required amount and has been almost completely untouched for over six months, but now has a sudden transaction paid out and paid back in.


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Re: Cash savings question
« Reply #1 on: July 25, 2019, 08:48:04 AM »
I'm working on an unmarried partner visa.  I'm planning on using cash savings to meet the financial requirement.  The problem is the account I'm using had a check go through that was immediately canceled by the bank the next day, however, the account now shows a large sum of money being removed and then added right back by the bank.  Since this check briefly brought the account below the required amount (even though the balance was quickly restored), does this mean I would no longer meet the financial requirement with this account?

Basically, this account has the required amount and has been almost completely untouched for over six months, but now has a sudden transaction paid out and paid back in.

Was the check drawn on the account an error by the bank?  If so, can you get a letter from the bank confirming their error?

How long ago was the drop below £62,500?  Is the account in GBP, or another currency?  How far did it drop below the threshold? 

Edited to add: I just saw your other post and see that you're here on a Tier 4.  Do you or your presumably-UKC partner have income from work to offset the amount the savings dropped below the threshold?  You can use as much of the savings as you've had for six full months, and then use yours and/or your partner's wages for the rest.

Let's say you dipped £12,000 below the savings requirement.  You and/or your partner would need to make the equivalent annual salary of £4800, or at least £400 a month, for the last six months to make up the brief loss of savings.
« Last Edit: July 25, 2019, 09:05:35 AM by jfkimberly »
9/1/2013 - "fiancée" (marriage) visa issued
4/6/2013 - married (certificate issued same-day)
5/6/2013 - FLR(M)#1 in person -- approved!
8/1/2016 - FLR(M)#2 by post -- approved!
8/5/2018 - ILR in person -- approved!
22/11/2018 - Citizenship (online, with NDRS+JCAP) -- approved!
14/12/2018 - I became a British citizen.  :)


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