Originally Posted by
JandM
Oh, sorry - I missed that.
I agree that it doesn't seem to make sense, but then, it doesn't have to, because the government can set what criteria it wants, and anyone applying just has to meet them. No, I don't think this is a situation where the CO would have an option to bend the rules. Yes, the funds will have to be in a bank account accessible to you during the processing time, and yes, this can be done by borrowing the sum for the time being. (Whether you borrow privately, from a friend or family member, or commercially, this still shows INZ that you have the goodwill and/or creditworthiness to gather that amount of money. That, come to think of it, may be the point of this requirement, which I still think is peculiar, but...)
Hi JandM,
You have indicated that borrowing of fund is accepted. This is new for me. In case of student visa, immigration does ask for source of funds for any significant deposits made in last six month. If funds can be borrowed for this visa, doesn't this defeat the purpose of asking minimum balance in accounts for maintenance purpose?
Do you also mean that the fund (min. $4200) maintained in our account cannot be used till visa decision is made?
Thanks for your guidance.