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What Is the Purpose of Bank Statements?
At first principles bank statements show that the applicant has the financial capacity to visit the UK. However there is a lot more to it and it's not just about the current balance. Bank statements help the decision-maker understand the applicant's personal circumstances...
Stability and lifestyle, most importantly ...
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Don't worry. 42 pounds is not a material amount of money when judging a visa application, and the officers are looking for regular income (salary etc), not one-offs.
For comparison, an oft-quoted (but AFAICT totally unofficial) guideline is that you want to have funds of around 100 pounds for every day that you're staying in the UK.
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Applicants who fear that their bank statements may betray a weak financial position will sometimes resort to a 'parking' strategy. This strategy involves having a relative or other trusted party placing a large sum of money in the applicant's account temporarily so that the applicant's bank statements look better. It's a popular strategy, but when it fails, ...
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Great question. If somebody had asked this about 3 years ago the site would have a lot less redundant information. But on the other hand, we would spend all day marking duplicates and get bored.
The answer to 'are these hidden requirements?' is no. The answer to 'buried somewhere I didn't look?' is probably yes. They are obvious requirements to ...
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01) I am an international student, studying my Masters degree in
Tallinn, Estonia. self funding my studies.I am in my final semester.
what documents should i provide which satisfy the Uk visa authorities
that i won't slip in uk and will come back after the proposed time
spent in the Uk?
They got you on funds parking, it's a very common refusal ...
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This letter is less clear than what I'm used to reading, but what I can read from this is:
"I am not satified that the documents submitted demonstrate that you have strong economic or financial circumstances in Ghana"
Meaning: yes, in all likelihood your bank statements showed that you're not financially fit to travel to the UK without engaging in ...
19
I had the following kinds of transactions in my bank statements that I submitted for my UK Visa Application a few months back:
1) 200 euros from a friend who had borrowed money from me
2) Around 80 euros from another friend for whom I bought some stuff from Amazon
3) Some random amounts ranging between 0-100 euros from ex-flatmates for various purposes ...
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I reapplied on last Monday, paid for a priority service and finally received my visa today. I got very valuable advice from people on this website and I really appreciate it. They checked my cover letter and helped me to polish it. Here it is:
To: The Entry Clearance Officer
Reference: Current GWF00000000; Prior GWF0000000000
Subject: Name ...
16
You say you withdraw large sums in cash after receiving your salary, because the nearest ATM is inconvenient and your living costs are mostly paid in cash. This is reasonable in itself. But you say that you leave around 100 SGD (around £50) in the bank each month, while in the comments you say that you have over 4000 SGD in cash.
You have 4000 SGD in cash ...
13
Gayot Fow has provided a great answer with detailed explanation of why the rules exist and where (possibly) to search for them. What may not be so clear from his answer is that for any visa application, the applicant needs to show that he/she would be able to support themselves while in the UK, without having to rely on the assistance of the state (i.e. you ...
13
Will this be acceptable? Or it will be flagged as 'parking' of funds.
The latter.
Would a letter with a detailed explanation of why no account was maintained,have a bearing of getting a favourable outcome?
Probably not.
It seems you have already been refused once (though you have provided us no details) and despite the Usage guide for [visas] are not ...
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This is undoubtedly a scam. It is illegal in the UK to ask job applicants to put money up front.
Did they ask you to send a picture of the western union receipt? They will use that to pick up your money from WU and you won't hear from them after that. (Or you will: see Patricia's comment below)
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Your bank statements should obviously be the truth, so there is no question what is on them.
To get a visa approved, your finances should show a stable pattern of reasonable income and expenditures, as explained in this question. Income does not have to be wages, but it must be transparent and legal. Are you getting an allowance from your parents? It would ...
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Update 1 August 2015
Schengen
The most recent edition of the Schengen guidance contains this text (a screen cap is being used so that the information will persist if the link is changed)...
Item (b) in this list explicitly states that credit card statements are acceptable as evidence.
This makes some portions of my original answer (and other people's ...
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You are a Brit who wants to provide sponsorship for two people. Even though the applicants do not have the capacity to travel, you want them to demonstrate a stable lifestyle and on-going solvency in the Indian economy. You propose that they include evidence like employment contracts, bank statements, and other forms of HARD evidence.
And? ... AND? This is ...
11
It clearly looks like the start of a scam. My guess is that she would ask to borrow the money to give a proof of sufficient funds. Such proof is sometimes asked but it is proportional to the intended stay, not the maximum visa duration, plus it normally is not required to be all available cash, income, credit, all that can be used as proof. This is asked for ...
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People who try to gloss over a previous discrepancy often find themselves in an awkward situation as the 'tangled web' grows bigger and bigger. They appreciate it more if you are straight up about it.
Your optimal strategy at this point is to identify the REAL company you work for. It may be different from what you wrote in your first application. It ...
10
Honestly, the odds aren't really in your favour. As explained by Gayot Fow in this question
Genuine visitors to the UK fit a profile that is not entirely cash based. Moreover, you will find it almost impossible to establish that your cash has been lawfully obtained. Consider opening and using a proper bank account for 12 - 18 months prior to submitting ...
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There is no minimum balance requirement. What is required is:
Proof of legal income.
Proof of ties to home (such as property, steady job, income, investments, family) so that you are compelled to return.
Ability to financially support your trip.
Now, for #3, the majority of your costs are being paid by your (potential) employer. They should prepare a ...
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You have no official income, and would like to get a visa to come to UK to stay for six month, and asking which documents need to be submitted.
Unfortunately, in my opinion, no document you can submit in those circumstances would qualify you for a 6 month stay (but see below).
First, for UK it seems that good financial standing of a potential visitor is ...
10
It's unlikely that a week old bank account will be sufficient evidence to successfully get a UK visa. They require a longer financial history.
There is no limit on how many accounts you can submit statements for. You should also submit statements for whatever bank account your money was in before you transferred it to the new one. That will give a much ...
10
Unfortunately for you, you fit almost exactly the pattern of people that German immigration will be concerned about. You have no job; you have a relationship which is purely long distance; you seem to have few ties to your home country; you come from a country that many people try to leave and migrate to Europe. You look to them very like the kind of person ...
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I got my visa, which means yes, UKVI did accept a printout of transactions over 90 days on my savings account, which I downloaded online, as evidence of financial means. I did mention the reasons why I couldn't provide a bank statement and that I put notes pinpointing my stipend in the local currency and for which month.
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Update 19 July 2015
In April 2015 new visitor rules activated as a result of the on-going Simplification Project. The text cited below was replaced with text that makes the rules easier to understand. The new rules are at Appendix V, and the operative text is in Paragraph V 4.2 (e).
...must have sufficient funds...
Simpler. Easier to understand. But a ...
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what does v 4.2- v 4.10 mean?
All this "V" business refers to Appendix V of the Immigration Rules. V 4.2 for example means "Appendix V, Paragraph 4, Subparagraph 2" and so on.
does "-" mean from v4.2 to v4.10 that includes v4.3, v4.4 etc until v4.10 or does it mean just v4.2 and v4.10
It means each and every Paragraph and Subparagraph between 4.2 and 4....
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This is a classic case of 'funds parking'.
They do not understand the movements of cash in your bank account and when this happens they make a tacit assumption that...
the funds may not be truly yours; or
the funds were obtained through an illegal enterprise; or
you are money laundering (even for a small amount); or
you have contrived in some way to ...
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They got you on V 4.2 (a) and (e). Starting with (e)...
(e) must have sufficient funds to cover all reasonable costs in
relation to their visit without working or accessing public funds.
This includes the cost of the return or onward journey, any costs
relating to dependants, and the cost of planned activities such as
private medical treatment.
...
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As stated in the comments its the closing balance that they will be looking at to ensure enough funds are there to cover your stay, but you should include all relevant statements.
As she has moved money from her savings into her 'current' account you need to show where that money has come from so it doesn't look like funds parking which can look suspicious ...
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This question was taken up on chat and I will provide a summary of what transpired...
The OP should complain about the poor quality of the refusal notice.
That's a high priority.
Based upon some additional background info the OP provided, it became
evident that the REAL reason for her refusal was she failed to
establish a credible premise for her visit. ...
8
You contemplate a visit to the UK to meet with the faculty of several universities with a view to enrolling in their PhD programmes. A friend of your family is paying for your visit. You have bank statements that will appear to match a funds parking profile with a large deposit and no activity that demonstrates an on-going lifestyle in India. You have ...
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