Can I present statements from two different accounts as proof of funds?
I'm planning to visit a Schengen country and for visa purposes they require me to produce bank statement for 6 months. I can't find any information in the official website regarding the fact whether I can include statements from different accounts. I recently opened a new account and, by the time I want to get my visa, the best I can produce is 4 to 5 months of bank statement. Also note that it is my salary account.
Can I include the statements from my previous account as a bank statement for the first 1-2 months? For first 2 months proof, I will include bank statement from X account and for the rest of the 4 months from Y account, making the total to be 6 months.
I have found information that I can produce multiple statements in other answers but this seems to be a bit different as in those all of their accounts had been open for more than 6 months or either not mentioned.
Also I have been using both of the accounts, that is both the accounts are still active, but the old one only as a secondary.
Pictures about "Can I present statements from two different accounts as proof of funds?"
Can I use 2 bank statements?
You'll usually need to provide at least two bank statements. Lenders ask for more than one statement because they want to be sure you haven't taken out a loan or borrowed money from someone to be able to qualify for your home loan.What shows in proof of funds?
Items that must be included in a Proof of Funds Letter include:- Bank's name and address.
- Official bank statement.
- Copy of money market statement and balance.
- Balance of funds in checking and savings accounts.
- Bank certified financial statement.
- Copy of an online banking statement.
- Signature of an authorized bank employee.
How do you show cash as proof of funds?
All you need is a proof of funds letter from your bank. According to Corporate Finance Institute, this document includes the bank's contact information, the combined amount of cash in your checking and savings accounts at the time the letter was processed and the signature of a bank representative.How do you prove bank statements?
The evidence needs to show the name the account is in and the bank account number. The simplest way is to take a screenshot from your internet banking or photocopy of the top of a bank statement or ask your bank to print and sign a verification of account slip.Can One Use Company Account As Proof Of Funds For Immigrating To Canada?
Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.
Images: Karolina Grabowska, Karolina Grabowska, Karolina Grabowska, Karolina Grabowska