Exchange Rate for financial requirement
#1
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Joined: Nov 2015
Posts: 24
Exchange Rate for financial requirement
"3.5.1. Income or cash savings in a foreign currency will be converted to pounds sterling (£) using the closing spot exchange rate which appears on www.oanda.com on the date of application. Where there is income or cash savings in different foreign currencies, each will be converted into pounds sterling (£) before being added together, and then added to any UK income or savings, to give a total amount. Any fluctuation in the exchange rate prior to the date of application will be disregarded: the decision-maker will base the conversion of the foreign currency income or cash savings into sterling on the exchange rate as at the date of application."
My husband is applying from Australia. Would the 'Date of application' be taken as the date he submits the initial online application? Or is it after the biometrics are done?
My husband is applying from Australia. Would the 'Date of application' be taken as the date he submits the initial online application? Or is it after the biometrics are done?
Last edited by HALG; Oct 9th 2016 at 9:37 pm.
#2
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Joined: May 2010
Location: San Diego, California
Posts: 9,620
Re: Exchange Rate for financial requirement
Date of submission.