How to determined 6 months savings in bank??

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How to determined 6 months savings in bank??


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Old 14th December 2019, 04:45 PM
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Question How to determined 6 months savings in bank??

My savings have been sitting in my account since the 26th of June so does this mean i can do the application from 26th December as that is 6 months or should i wait for the 1st Jan? How is the six full months determined or am i just over thinking ??

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Old 14th December 2019, 06:03 PM
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You have to make sure that a complete 6 months is covered. If in doubt, wait another month.

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Old 14th December 2019, 07:14 PM
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Yeah i was going to go for the 1st of Jan as that will be 6 full months. I'm kinda cutting it close as the visa expires on the 12th of Jan.

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Old 14th December 2019, 11:23 PM
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You can also have the bank write a letter on their letterhead stating that the balance has been maintained at x amount since June 26, 2019 through the current date. That can just be a little piece of back up, along with your bank statements, to give you some more peace of mind.

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Yeah i was going to go for the 1st of Jan as that will be 6 full months. I'm kinda cutting it close as the visa expires on the 12th of Jan.

Thanks

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Old 17th December 2019, 10:09 AM
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Thanks rices, i think i will call into my bank and ask them if they will do as you suggested. No matter how many times we have done these visa's i always end up questioning myself!


One or two other question.

Do i have to have 6 individual statements or can i just have one statement covering the 6 months?

If i print them off myself do i have to have them stamped and a letter from bank confirming or just having them stamped is enough?

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Old 17th December 2019, 10:57 AM
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I do the same thing; overthink and question every document. I'm going today to turn in everything for citizenship and I'm having the same feelings of uncertainty, even though I've never had a problem with any of the visas.

For my second spouse visa, we only had 4 bank statements as the bank didn't issue a statement unless there was activity on the account. That worried me so we went into the bank and asked them to print out an activity report. It wasn't official looking at all, just a plain report showing the activity and balance for the specified period. We also had them write a letter on letterhead confirming the attached report as proof of maintaining the necessary balance for the full 6 months.

For my ILR, we decided to deposit one pound into the account each month so that it would generate a statement each month. We seem to have forgotten to do so for one of the months so we only had 5 statements. Even though there were only 5 statements, there was an entry dated for each of the prior 6 months. I made a note on a cover page indicating that while only 5 statements were provided, 6 months of activity and balances were shown. I never made it to the bank to have them issue a letter, even though I wanted to as extra backup.

In both cases, my applications were approved. It shows that they do show discretion when reviewing the applications. It isn't a NO if there aren't 6 statements, as long as you provide proof of meeting the requirement.

Regarding printing them off, I don't know. I relied on our actual posted bank statements but I do remember reading something about a stamp from the bank on printed out statements. If printed statements is all of you have, I would definitely take them into the bank to ask for an official stamp. I had read elsewhere though that not all banks provide that service. In lieu of a stamp, I would have them either verify your bank statements or even have them print them out themselves and then verify them in your letter. If they won't do either, then you would just have to write a cover letter stating that the bank would not stamp nor verify your printed copies and then include the activity report / statement (hopefully they'll print one for you), along with their letter stating that the balance has been maintained at the needed amount for the past 6 months, all the way through the current date. Be sure to take the printed statements with you to the bank though because our bank would not print them for us.

Hopefully that helps ease your mind. I know how horrible it is.

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Originally Posted by Paget38 View Post
Thanks rices, i think i will call into my bank and ask them if they will do as you suggested. No matter how many times we have done these visa's i always end up questioning myself!


One or two other question.

Do i have to have 6 individual statements or can i just have one statement covering the 6 months?

If i print them off myself do i have to have them stamped and a letter from bank confirming or just having them stamped is enough?

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Old 17th December 2019, 02:43 PM
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Rices
First let me wish you good luck for your citizenship.

I've just got back from the bank and they can't generate monthly statements because like you had said there was no activity. She did managed to print me off a statement covering the months i need and she stamped it. I can also go back Jan 1st and get an up to date one to cover up to Jan 1st. I guess there is nothing more I can do except write a cover letter explaining.

M savings are made of of the following.
my redundancy payment, sale of shares, previous savings and a gift from parents.

I have my payslip showing redundancy payment along with matching bank statement of it being paid into my account.
I have a letter from parents stating money is gift along with parents statement from their bank transfering said money to my savings account.
I have equiniti statement showing sale of shares again with Bank statement showing paid into account.
The remainder is savings £700 that i just saved from my wage.

In my cover letter should i outline the break down? Im not starting the online application until the weekend so im not sure if there is a need to explain or just supply the evidence.

Thanks for your input

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Old 17th December 2019, 06:56 PM
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One of the requirements is to provide a statement / letter regarding the source of funds. In our letter we wrote, “Included with this letter is the evidence of the source of funds.” We then scanned the letter along with the evidence as one file to upload. In your case, I would add each piece of evidence that brings your total to the amount of savings needed and then attach it as one file with your statement / letter signed by you and your spouse (if the account is in his name, too).

Your letter from the bank and bank statement stamped by them would be on a separate upload.

That’s how it worked for us anyway. Hope it helps!

The citizenship appt is over so now we just wait!!
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