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snowdogs Nov 16th 2010 8:08 pm

proof of funds question
 
I am currently trying to get proof of funds, we need to have about 14k.

I have approx 6k in my business account, this amount is all payable to me, however i would prefer to leave it where it is for now. Will cic accept a statement showing these funds? statements will have my address on.

The business is a ltd company with another shareholder with 40% share. I put this cash into the firm earlier this year.

I was also wondering if they will accept premium bonds certificate.

Any help on this would be greatly appreciated.

Auld Yin Nov 16th 2010 8:18 pm

Re: proof of funds question
 

Originally Posted by snowdogs (Post 8985860)
I am currently trying to get proof of funds, we need to have about 14k.

I have approx 6k in my business account, this amount is all payable to me, however i would prefer to leave it where it is for now. Will cic accept a statement showing these funds? statements will have my address on.

The business is a ltd company with another shareholder with 40% share. I put this cash into the firm earlier this year.

I was also wondering if they will accept premium bonds certificate.

Any help on this would be greatly appreciated.

If the bank statement is in the name of a limited company then I would say the funds do not belong to you and therefore it is not proof of funds for you.

AmyDavid Nov 16th 2010 11:00 pm

Re: proof of funds question
 

Originally Posted by Auld Yin (Post 8985873)
If the bank statement is in the name of a limited company then I would say the funds do not belong to you and therefore it is not proof of funds for you.

I would agree with this. A personal statement would be acceptable, as would a couple of property valuations and a mortgage statement. Premium bonds would be accepted as well.

snowdogs Nov 17th 2010 4:52 pm

Re: proof of funds question
 
Thanks for the help, i thought the company account was a long shot, will have to switch the cash to personnal account.

knowing premium bonds are acceptable is a big help. :thumbup:


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