π° Time Deposit as Liquid Asset for Visa Applications? π°
Hey everyone! Based on your experience, does a time deposit account count as a liquid asset for visa applications? π€π³
123
views
0
likes
2
all likes
1
replies
0
images
2
users
TLDR : Answer Summary
Inquiries about whether a time deposit account can be considered a liquid asset for visa applications have highlighted that only accounts with immediate access to funds are recognized. Deposits that are fixed and inaccessible do not qualify, even if penalties apply to early withdrawals.
Only an account where the money can be immediately available will qualify, even if a withdrawal incurs a penalty. Inaccessible fixed term deposits where the money cannot be touched won't qualify.