Q&As

An applicant for entry clearance as a partner under Appendix FM intends to rely on £62,500 in cash savings for the purpose of meeting the minimum income threshold. Can these savings be held for the last six months across multiple different bank accounts, some held in the applicant’s name only and some in the joint names of the applicant and their partner? Is there anything preventing the same applicant from relying on cash savings of £62,500 if the funds have been held in different accounts in the UK and overseas? Will there be an issue if the bank statements and account holder declarations regarding source of funds are dated after the date the entry clearance application is submitted online?

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Produced in partnership with Nicholas Nason of Edgewater Legal
Published on LexisPSL on 13/07/2018

The following Immigration Q&A Produced in partnership with Nicholas Nason of Edgewater Legal provides comprehensive and up to date legal information covering:

  • An applicant for entry clearance as a partner under Appendix FM intends to rely on £62,500 in cash savings for the purpose of meeting the minimum income threshold. Can these savings be held for the last six months across multiple different bank accounts, some held in the applicant’s name only and some in the joint names of the applicant and their partner? Is there anything preventing the same applicant from relying on cash savings of £62,500 if the funds have been held in different accounts in the UK and overseas? Will there be an issue if the bank statements and account holder declarations regarding source of funds are dated after the date the entry clearance application is submitted online?
  • An applicant for entry clearance as a partner under Appendix FM intends to rely on £62,500 in cash savings for the purpose of meeting the minimum income threshold. Can these savings be held for the last six months across multiple different bank accounts, some held in the applicant’s name only and some in the joint names of the applicant and their partner?
  • Is there anything preventing the same applicant from relying on cash savings of £62,500 if the funds have been held in different accounts in the UK and overseas?
  • Will there be an issue if the bank statements and account holder declarations regarding source of funds are dated after the date the entry clearance application is submitted online?

An applicant for entry clearance as a partner under Appendix FM intends to rely on £62,500 in cash savings for the purpose of meeting the minimum income threshold. Can these savings be held for the last six months across multiple different bank accounts, some held in the applicant’s name only and some in the joint names of the applicant and their partner?

The specified evidence required for evidence of savings under Appendix FM of the Immigration Rules is contained at Appendix FM-SE at paragraph 11. It states as follows:

‘11. In respect of cash savings the following must be provided:

(a) personal bank statements showing that at least the level of cash savings relied upon in the application has been held in an account(s) in the name of the person or of the person and their partner jointly throughout the period of 6 months prior to the date of application.

(b) A declaration by the account holder(s) of the source(s) of the cash savings’

(our emphasis in bold)

This formulation suggests that perhaps only the applicant’s savings evidence would be counted, in addition to savings held by both the applicant and their partner jointly.

However, paragraph 1(a)(iii)(1) states that in relation to personal bank statements (ie how you demonstrate the required savings), they must be in the name of:

‘the applicant’s partner, the applicant or both as appropriate’

Further, the guidance in the

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