Certification of Deposit



Bank deposit certificate is issued by a bank to confirm that an individual has a certain amount of funds in their account. Its main uses include: 1.Visa Application: Many countries require proof of financial ability to cover travel and living expenses. 2.Study Abroad Application: Some study programs require financial guarantees to prove the applicant can cover tuition and living costs. 3.Proof of Residence: In some regions, a deposit certificate may be needed when renting or purchasing property to show the applicant can afford rent or property payments. 4.Exam Participation: Certain exams, such as overseas medical qualification exams, may require proof of sufficient funds to confirm the applicant can afford the process. Requirements for deposit certificates vary by country, region, and visa type, so applicants should carefully review the specific guidelines.