Hi everyone,
I had a quick question around minimum balance and average balance that we need to maintain as proof of funds?
I know we need to show minimum funds in a span of say 6-8 months to show that it was all gradually saved and not borrowed but does it matter if I am able to save up minimum balance in 8 months and my average balance comes up pretty low because I just started to save? Will that affect the application?
Say for example, I saved 15k USD in 8 months time but my average balance in 6/12 months comes around 11 or 12k - will that be alright?
Otherwise, Should I just wait till I know my avaerage 6 months balance is also atleast 15k USD (which is minimum funds required in my case?)