Jump to content

Tier 2 (Intra company transfer)

Image showing an overseas newspaper representative in the United Kingdom.

Maintenance (funds)

This page explains how you can score points for your maintenance (funds) when you apply under Tier 2 (Intra company transfer) of the points-based system.

You must read the Tier 2 policy guidance before you apply. The policy guidance is based on Part 6A of the Immigration Rules. You can download the guidance from the right side of this page.

You will need to support yourself for the entire length of your stay in the UK, otherwise you may face financial difficulties. You will not have access to most state benefits (public funds) during your stay.

You must score 10 points for maintenance (funds).

You will automatically score 10 points for maintenance, without needing to provide evidence, if you are currently in the UK as a representative of an overseas newspaper, news agency or broadcasting organisation.

Alternatively, you will score 10 points if you can provide evidence that:

  • you have £900 in personal savings, excluding overdraft facilities, which has been in your bank account for a continuous 90-day period ending no more than 31 days before the date of your application; or
  • your sponsor has an A rating and has confirmed in your certificate of sponsorship that it will maintain and accommodate you (to a level of £900 or more) until the end of your first month of employment in the UK if required. 

If you want to use savings in a joint account as evidence of available funds, you must be named on the account with one or more other people.

If the funds are in a currency other than pounds sterling, we will calculate their value based on the exchange rate published on the OANDA website on the date of your application.

Your savings must be in the form of cash funds, excluding overdraft facilities, held in an account (including a savings account or current account where notice must be given). Other accounts or financial instruments such as shares, bonds and pension funds are not acceptable.

If you earned any money during a time when you were in breach of the UK's immigration laws, we will not include this money as evidence of your funds.



Terms explained

  • Home regulator

    When used in the context of regulation of financial institutions, this is an official financial regulatory body, appropriate to the type of financial transaction, in the country where money is held in a financial institution. 

All glossary terms

Related documents