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Youth mobility scheme

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Maintenance (funds)

This page explains what proof of maintenance you must send to support your application to the youth mobility scheme under tier 5 of the points-based system.

Full details of these requirements are in the immigration rules at paragraph 245ZI ? 245ZL of part 6 which you can find on the right side of this page. You must read the policy guidance before you apply under this category. You can download the guidance and from the Applying section.

What the documents must show

The balance must show that you have £1,600 in your account. Evidence must be dated no more than one month before you apply. The amount is assessed on the exchange rate of the date you pay your fee and have your biometrics taken. We use the OANDA website to assess the exchange rate, which you can find on the right side of this page. 

The documents must be original, on the official letter-headed paper or stationery of the organisation and have the official stamp of that organisation. They must have been issued by an authorised official of that organisation.

Evidence must be in the form of cash funds. Other accounts or financial instruments for example, shares, bonds and pension funds, regardless of notice are not acceptable.

If you wish to rely on a joint account as evidence of available funds, you must be named on the account along with one or more other named individual.

The documents are:

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Personal bank or building society statements

The personal bank or building society statements should clearly show:

  • your name; 
  • the account number;
  • the date of the statement;
  • the financial institution's name and logo;
  • that there are sufficient funds present in the account (the balance must be at least £1600).

If you wish to send electronic bank statements from an online account these must contain all of the details listed above. In addition, you will need to send a supporting letter from your bank, on company headed paper, confirming the authenticity of the statements sent.

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Building society pass-book

The building society pass-book should clearly show:

  • your name;
  • the account number;
  • the financial institution's name and logo;
  • that there are enough  funds present in the account (the balance must be at least £1,600).

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Letter from bank confirming funds

The letter from a bank or building society should state:

  • your name;
  • the account number;
  • the date of the letter;
  • the financial institution's name and logo;
  • that there are enough funds present in the account (the balance must be at least £1600).

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Letter from financial institution regulated by either the Financial Services Authority or the home regulator confirming funds

The letter from the financial institution regulated by the Financial Services Authority or the home regulator should state:

  • your name;
  • the account number;
  • the date of the letter;
  • the financial institution's name and logo;
  • that there are sufficient funds present in the account (the balance must be at least £1600).

The home regulator is the official regulatory body for the country in which the institution operates and the funds are located.

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