Worked example – showing funds in multiple bank accounts
|Do they meet the reduced maintenance requirement||No - They are not applying under the doctorate extension scheme, applying as a sabbatical officer or applying to undertake a medical or dental foundation programme.|
|Length of programme||12 months|
|Tuition fees||All fees have been paid for this academic year|
|Living in QMUL or University of London halls of residence||No|
|Receiving official sponsorship||No|
Student A needs to show that he and/or his parents have held £11,385 for a 28 period ending not more than 31 days before the date he submits his immigration application
He has three different bank accounts, which are either in his name or his parents’ names. He has obtained a bank statement for each account:
- The statement for account 1 shows balances from 10/10/2019 to 24/10/2019. The opening balance starts at £11,400, but on the 19/10/2019 the balance falls to £10,400, where it remains until the closing balance on 24/10/2019.
- The statement for account 2 shows balances from 18/10/2019 to 12/11/2019. The opening balance starts at £5,000. On the 25/10/2016 the balance rises to £8,000. On the 30/10/2019 the balance falls back down to £5,000, where it remains until the closing balance on 12/11/2019.
- The statement for account 3 shows balances from 24/10/2019 to 09/11/2019. The balance of this account is £7,200 for the whole period.
If you are using multiple bank accounts to show you have the required funds, you may find it helpful to use spreadsheet software, so you can see what’s going on.
|Date||Account 1||Account 2||Account 3||Total available||Day|
Column 1 shows the date. Columns 2, 3 and 4 show the daily balances covered by each account statement. Column 5 shows the total available balance on any day.
The box indicates the balances that the caseworker or entry clearance officer will actually consider when making a decision on the application. Notice that the caseworker will choose to count the 28 days back from the closing balance from account 3. The case worker will try to choose whichever closing balance will allow student A to meet the requirements of the rules.
The end of the 28 day period must be within 31 days of the date student A makes his application. As the end of the 28 period is 09/11/2019, student A must submit his online immigration application between 09/11/2019 and 10/12/2019 (inclusive).
If student A is not a low risk national, he will have to submit the bank statements for each of his accounts with his immigration application. Because the situation is complicated, it would be helpful for student A to submit a copy of his spreadsheet so that the caseworker or entry clearance officer can easily see what is happening and make the correct decision.
If student A is submitting a statement from one of his parent’s accounts, student A will also have to submit his birth certificate and a letter from his parents.
Remember that it is a good idea to highlight the relevant parts of your bank statements, so that the caseworker or entry clearance officer can easily see that your documents meet the requirements.
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