Fiz2018

Thanks for this. It’s helpful for me to go back to him with the evidence. I pay the tax on the interest earned so I don’t cause him any trouble. It’s a just a fallout of his divorce from my daughter sadly

The situation is that, as a holder of a 143 visa, I had to provide a $10,000 bond which is released after 10 years. Even though I provided the money, the bank account is in the name of my assurer who is my now ex son-in-law. He has asked to be released from his obligation. My concern is that Centrelink will release the money to him and that it won't be returned to me. However i have now found out that he can't be released. I will talk further with Centrelink about the future return of the funds I thought it an interesting topic as it can't be the first case where the assure has had a change of mind! Thank anyway

Oh yes, she does want the money! There must be some mechanism for changing the sponsor. What happens if the sponsor dies? I think I'd better contact Centrelink and see if they can suggest a way forward. Thanks anyway for your support

Thanks for that. I wasn't looking to have the bond released early, just wondered if the name on the bank account could be changed if and when I get the sponsor changed to my daughter? I'm also a bit confused about the advice from Centrelink which says they write to visa holders at the end of the guarantee period because as far as I know, I have never given Centrelink an address or any other personal details like medicare number, TFN etc: when I got my visa,I had no address in Australia and since arriving I have had three different addresses

I’ve been happily here for 7 years. My sponsor was my son in law and the CBA bank account with the $10,000 bond is in his name. Due to his divorce from my daughter he has asked me to release him. How do I go about getting my sponsor ( and bank account) changed. Also, all addresses have changed. Who do I notify? Thanks in advance..