Incoming debit transactions in statements
In my bank statement there are a few incoming transactions such as 800 or 1000 or 2500 apart from my monthly salary. These amounts are mine which my friends have paid back to me as I have paid for various things (such as we were traveling together, or having dinner together, the bill is paid by me through my credit card, and their share is paid back to me from their bank account online).
How can I justify this scenario to visa officers while submitting the application for a UK visitor visa?
Best Answer
You explain it by telling the truth, you paid (specified items) in cash for someone and they paid you by bank.
The amount of money is significant but not the amount people would usually use for funds parking. When well explained it should not be a problem.
There is no 'wanted' or 'needed' amount for your bank and savings account, it is showing you can afford this travel and have a stable job to come home to.
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What is a debit transaction on a bank statement?
When your bank account is debited, money is taken out of the account. The opposite of a debit is a credit, in which case money is added to your account. Your account is debited in many instances.What are the transactions recorded in the bank statement?
A bank statement is a list of all transactions for a bank account over a set period, usually monthly. The statement includes deposits, charges, withdrawals, as well as the beginning and ending balance for the period.What is statement debit?
A debit is an accounting entry that results in either an increase in assets or a decrease in liabilities on a company's balance sheet. In fundamental accounting, debits are balanced by credits, which operate in the exact opposite direction.Does a debit card statement show what you bought?
Debit card transactions are listed on the monthly statement much as any other transaction. Reported information typically includes the date of the purchase or ATM withdrawal, the amount, the location of the purchase -- store or restaurant name, for example, or street address of the ATM used -- and any related fees.Bank Statement Debit and Credit confusion
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