Hi,
A question about filling in information regarding Assets and Settlement funds.
I am single person, my significant belongs are a car and a few bank deposits in different local banks.
Sum of bank account is enough to satisfy minimum requirements of funds, let's say it is 30.000 $.
If I understand correctly car is not counted and I don't need to mention it's value in Assets.
So I have only left my bank deposits.
1. What to write as Assets and as Settlement funds?
Are Settlement funds a part of Assets? Can I write for example 30.000 as Assets, from which mention 12.000 as Settlement funds?
2. Are any kind of deposits counted for Settlement funds or as Settlement funds I can count only money on a credit/debit card?
Thank you in advance for advice.
A question about filling in information regarding Assets and Settlement funds.
I am single person, my significant belongs are a car and a few bank deposits in different local banks.
Sum of bank account is enough to satisfy minimum requirements of funds, let's say it is 30.000 $.
If I understand correctly car is not counted and I don't need to mention it's value in Assets.
So I have only left my bank deposits.
1. What to write as Assets and as Settlement funds?
Are Settlement funds a part of Assets? Can I write for example 30.000 as Assets, from which mention 12.000 as Settlement funds?
2. Are any kind of deposits counted for Settlement funds or as Settlement funds I can count only money on a credit/debit card?
Thank you in advance for advice.