Hi everyone,
Regarding the proof of funds required, currently we have the funds in fixed-term deposits (6 months term) and their maturity is close to this date.
We are not sure if the right thing to do is to cancel or to nenew these deposits. We are confused about the "readily transferable" concept for the proof of funds requirement.
Will it be acceptable a certified copy of term-deposit certificates? or do we have to cancel them, put the money in a personal sight savings account and ask for letter issued by the bank where they explain that the money is in sight and readily to be used at any time, clarifying hat the funds were previously in a 6 months term deposit?
Thanks in advance.