https://www.slab.org.uk/guidance/financial-assessment-and-verification-of-capital-to-be-checked-even-in-passport-benefit-cases/
https://www.slab.org.uk/guidance/financial-assessment-and-verification-of-capital-to-be-checked-even-in-passport-benefit-cases/
In assessing your client’s capital, you should be aware this does not just include money in a bank account. It also includes:
To avoid later enquiry by us, you should not be satisfied simply by the production of a bank statement. You should check if your client has:
If they do, you should see evidence of this and indicate that you have seen verification of capital by way of this declaration. All documentary verification must be retained on file.
If your client declares that they have no capital, this can be confirmed by the client signing the capital mandate option on the online mandate form. This must be signed before the notification can be submitted to us, otherwise there is not a valid application. By indicating that the capital mandate option has been signed, you are confirming that the client has seen the questions about capital and savings.
Advice and assistance application procedures
Learn how to an increase in authorised expenditure for ABWOR cases for post-conviction breaches & reviews, multiple deferred sentences and template increases.