Urgent Question: Student Visa - Evidence of Sufficient Funds

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Urgent Question: Student Visa - Evidence of Sufficient Funds


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Old 04-17-2013, 09:03 PM
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Urgent Question: Student Visa - Evidence of Sufficient Funds

Hi Mark, Dear Forum Members,

I have a question in regards to a student visas application.

My friend is currently in France but is originally from an Assessment Level 4 Country. She needs to prove that she has sufficient funds in the bank account. The application goes through Madrid as is the case these days when you apply through France.

Here is the problem:
- She submitted a bank statement with the current balance and all transactions dating back four months. As there are not more then 10 transactions, it is very easy to see that she has had more then double the requested amount in her bank account at all time. As an example, it is like showing that today the balance is $10 and last month $1 was deducted, the month before $1 and the month before $1 which based on simple mathematics concludes that at any point there was more then $7 on the bank account.

The case officer however does not see that logic and asks for more documents. Once he requested the following:

-..... The bank statement that you have to provide has to include the balance in you bank account during the whole period of 3 months before the visa application lodgement. This means that you have to provide the current balance during the whole period between ... and .... Daily banking balance.

My friend asked at two HSBC branches but with the money being on a savers account that is simply all they can provide and even they do not understand as they say it is simple logic. We said that to the case officer and even provided the statements dating back a few months prior but then he replied:

- The documents that you have provided do not give us the progress of the balance. You need to show a document that reflects the balance movements during the complete period.

My friend does not know what to do and having assisted from day one with the application, I thought to turn to the forum for answers.

I would much appreciate any thoughts or help on what one could do as it would be a pity if that is a reason for rejection.

Thank you for your patience and your time reading this.

I wish you all a happy Thursday.


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Old 04-18-2013, 07:53 AM
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Hi.

I had my bank write a statement, in English, confirming the amount of savings in my bank account (including the equivalent in AUD). Do you think your friend could get her bank to do something like that?

Mine basically said something like this:

"To whomever it may concern

We hereby confirm that Jane Smith, born on 01.01.01 is a customer of Bank Limited.

By our records Jane Smith has a sound economy.

Jane Smith's balance in her high interest account is 40.000 MON according to the bank statement of 18.04.13 (6000 AUD at exchange rate xxx). There are no limitations to Jane Smith's account."

And then it was signed and stamped (on a paper with the bank's logo on it).

Hope it works out - the bank should be able to provide some sort of document like that (maybe including the balance on the 1st of each of the 3 months). Good luck to your friend! :-)

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Last edited by Lindaa; 04-18-2013 at 08:22 AM. Reason: spelling mistake

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Old 04-18-2013, 12:01 PM
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Hi Lindaa,

Wow that is great help - thank you very much.

I also spent an hour today to get hold of someone within immigration Australia and he said that the document is sufficient. However, he asked me to get a letter from the bank stating that:
- The required amount had been on the account at all times during that period and
- That HSBC cannot provide a daily bank statement.

This forum is great and thank you again LIndaa for taking your time explaining.

Have a great evening.


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