What Is a Verification of Deposit?

Deposit certification business refers to the bank's issue of certificates for depositors to prove the balance of deposits of depositors at a certain point in time or the amount of deposits in a certain period of time, and to prove that depositors are unavailable at a later point in time Deposits.

proof of deposit

Deposit certification business refers to the bank's issue of certificates for depositors to prove the balance of deposits of depositors at a certain point in time or the amount of deposits in a certain period of time, and to prove that depositors are unavailable at a later point in time Deposits.

Chinese name

proof of deposit

Foreign name

Certificate of Deposit

Service Channel

Bank branches

Species

2 kinds

Service Channel

Business outlets, online travel websites authorized by banks, such as Ctrip.

Operation Guide

1. When applying for a certificate of deposit, you need to present the following information:

Kinds include

1. The types of deposit certificates include:

(1) The balance of the deposit at a certain point in time before the certificate is issued (only the balance of yesterday and before, not the balance of the day) or the amount of deposits in a certain period;

(2) At the time of issuing the certificate, the Bank had unspent deposit balances at a later point in time (maximum of one year). Please apply for a corresponding deposit certificate according to actual needs.

Personal deposit certificate

1. For those who need to apply for multiple deposit certificates for studying abroad, multiple deposit certificates can be issued for the same deposit with the same certification content, but the recipients can be the same or different.

2. For deposits at a certain point in time or period, under the condition that the accumulated amount does not exceed the total amount of deposits, a partial deposit certificate can be issued according to customer needs.

3. A handling fee ranging from RMB 10 to 20 will be charged for each Personal Deposit Certificate ^[1] or for each individual deposit to cancel the stop payment business in advance.

Visa requirements for deposits from various countries

1. UK study visa, required proof of deposit

In principle, the amount of the deposit cannot be less than the sum of the tuition fees of the school you attended in the United Kingdom in the next year, and the living expenses of the area where the school is located. In simple terms, it is the tuition fee + living expenses for the next year (the living expenses here refer to 9 months, that is, the living expenses while in school). For the sake of security, you can add about 5,000 pounds on this basis.

The reference standard for tuition fees is based on the notification letter. Those who have not received the notification can go to the school's official website for inquiries, and the living expenses can refer to the regional living standard standards issued by the British Immigration Office.

2. The deposit requirements for studying in the United States are divided into the following three aspects

1) Freezing dates for studying in the United States:

• When applying for a school: The freezing date of the deposit certificate is determined according to the requirements of different schools. Most of the required freezing dates are before the start of school and after the visa.

• When applying for a visa: the certificate of deposit is frozen after the visa and before the semester begins.

• Duration of Certificate of Study in the United States:

• There is no strict time limit. It is recommended that the deposit period be more than 6 months. Parents' names, children's names and names of immediate family members are all acceptable.

• Amount of Certificate of Study in the US:

• High school (800,000-1.2 million RMB), American high school international students study for at least 2 years, with a minimum of 250,000 RMB per year.

• Bachelor degree (500,000-1 million RMB), American bachelor's degree 3 university, community (within 100,000 RMB per year); liberal arts university (250,000-300,000 RMB per year); comprehensive university (150,000-300,000 RMB).

• Postgraduates (RMB 500,000-500,000), semesters range from 1 to 2 years. Different majors charge different fees, with a minimum of RMB 150,000, and most schools have RMB 200,000.

3. Canadian study deposit certificate amount and freeze period

Generally speaking, this part of the money cannot be used because a certificate of funds is issued. Therefore, students who have a deposit certificate can freeze the funds in two. (Of course, if the family has very abundant funds, the idle money is not used for other investments. , You can save enough):

The first sum is deposited when preparing to apply for the school. At this time, as long as the funds are sufficient to cover your tuition and living expenses for one year at school. If you apply for multiple schools at the same time, you only need to deposit the school with the highest deposit amount, and then send it to each school with the information as required.

The cost of studying in Canada is lower than in the United Kingdom and the United States, and generally within 200,000 yuan a year is sufficient.

The second is to deposit before going to the visa. At this point, you already know how much your school charges, and multiply it by the number of years you are studying to get the amount you want to save. Only one copy of this certificate is required. If you have fewer years, you can save fewer points.

The freezing period is stipulated by each bank, and is generally three months. If it is not considered to be insurance, it can also be run for half a year.

The certificate of deposit shown to the Canadian visa officer does not matter much about the length of the freeze period. The safest way is to freeze until the visa is obtained. When your visa is completed, you can unfreeze the original deposit certificate, ID card and time deposit passbook (card) to the bank. Funds are available immediately.

The freezing period of the deposit certificate required by the school depends on the time when you submit your application materials and the time you expect to receive the offer letter. Under normal circumstances, it is recommended to store for half a year and freeze for half a year. Since this certificate has been sent to the school, the money will not be used until the thawing period written when the certificate is issued is over.

4.How much is the appropriate amount for the Australian study deposit certificate?

When applying for a visa, the Australian student deposit certificate must cover the tuition and living expenses while studying in Australia. The tuition fee for studying in Australia for one year is about 200,000, and the specific amount of applicants should be calculated with reference to the tuition and living expenses of our school.

How long is the freeze period for the Australian study deposit certificate?

The freezing period is stipulated by each bank, and is generally three months. If it is not considered to be insurance, it can also be run for half a year.

The certificate of deposit shown to the visa officer does not matter much about the length of the freeze period. The safest way is to freeze until the visa is obtained. When your visa is completed, you can unfreeze the original deposit certificate, ID card and time deposit passbook (card) to the bank. Funds are available immediately.

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