Extensive experience and expertise
Top-level service
Unique programme to get your child to the school of your choice
British knowledge and insight
Client-oriented team of professionals dedicated to education


List of financial institutions for Tier 4 is published

15.12.2011 ​In June 2011, UK Border Agency announced that they would be publishing a list of financial institutions which they consider, on the basis of experience, do not verify financial statements to their satisfaction.

UKBA will use the list when verifying maintenance funds under Tier 4 of the points-based system. An applicant will receive no points for maintenance if they submit documents showing that the funds are held in a financial institution on the list.

The list forms part of the reforms to the student immigration route. The change is to ensure that UKBA can verify that student visa applicants hold the required maintenance funds to support themselves and pay for their course in the UK.

The list will be kept under review, and UK Border Agency will make additions or deletions as appropriate.

An unsatisfactory verification check means that the institution does not respond to or provide a reliable response to our request for information, or the Embassy are unable to contact the institution. When a bank frequently provides unsatisfactory responses to verification requests, it is proportionate to include it on a list from which we will not accept documents, rather than verifying applications individually.

UKBA will continue to verify financial information from financial institutions not on the list, on a case-by-case basis. Applications may be refused on the basis of these individual checks.

To assist applicants, UKBA have also provided lists of financial institutions in each country from which they will accept financial statements.

In October 2011 initial lists of financial institutions that fall under these categories have been published.

As the British Embassy in Moscow confirmed to Lucullus Educational Consultants on December 3, 2011, there were no such lists for Russia region.



News

Interested in hearing more?
Call us to arrange a consultation on +7 (495) 504-34-91 or look here for other ways to contact us.
We are specialists in educational consultancy and British education and look forward to hearing from you.





Our consultants



We have been working with Lucullus Educational Consultants for more than one year. They helped us choose which schools to apply for. They then took care of all the necessary steps, which included contacting the schools and arranging tests, interviews, visas, payment, etc. To be honest, we would never have succeeded without them. Our aim was not just to get into any school, but to get an offer from one of the highly-ranked schools. As experienced advisors, they were very competent and easily coped with the huge amount of information which was required for our daughter to apply successfully to one of Britain’s most prestigious schools. Lucullus Educational Consultants always made us feel confident as they always had the process under control. After we decided on the schools that suited our daughter, they organized a visit for us to visit them. When we got the offer from the school that we wanted, we were all thrilled.
from our clients' feedback