I am worried about meeting the financial requirements for the UK visa. I am heading to Imperial College London to study chemical engineering this Sept. My offer is unconditional (received my A levels result last year). which I have firmly accepted and I have got my ATAS and TB checkup. So all that's left is my visa application.
Last week my parents placed a sum MYR 200,000 into a FD for 3 months . They were using the 1 June exchange rate of
this, which gave me 200,000x0.1784 = 35680 GBP. This should satisfy the requirement of 1 year tuition fees (26000 GBP in my case, Imperial has invoiced me just recently, due 1 Sept*) AND the minimum living cost of London which is 9180 GBP.
But the rapid depreciation of the Ringgit is quite worrying. If you refer the 8 June exchange rate from the same website, 200,000x0.1736= 34,720. This falls just UNDER the minimum requirements. Mind you, this is just within the span of a week.
I am planning to apply for visa as soon as possible, preferably in July. If the exchange rate by then puts my deposit just under the requirements, will my visa application fail?
*this came out just after I put my FD, so yeah. I didn't know I get to pay earlier than others. Anyway I'm not planning to pay until I know the outcome of my JPA uni terkemuka scholarship application, which has no fixed timetable. Suppose it's after July. Can I still proceed with getting my visa early?
there is no need to prove your financial since 2014.