I am intending to apply for a UK visa. I note that for proof of funds you need to provide bank statements.
However, I don't own a bank account. I am employed and receive a cheque each month end, which I cash and convert into USD and leave it as hard cash. In line with the requirement of providing a bank statement, I am thinking of opening an account and deposit the hard cash that I have accumulated from my employment earnings hitherto as a lump sum. Will this be acceptable? Or will it be flagged as funds parking?
Would a letter with a detailed explanation of why no account was maintained, have a bearing of getting a favourable outcome? (Cover from the downside of the volatile exchange rate thereby convert it into USD and avoiding the high bank charges for foreign currency bnk account)