How much funds do I need in my bank account to apply for a Schengen visa?

How much funds do I need in my bank account to apply for a Schengen visa? - Roll of american dollars tightened with red band

I am an owner of a little business in India and will support the visa application with firm's legit papers along comes the bank statement of my business accounting too. However do I also have to show the bank statement of my saving's account?

If yes than how much amount is sufficient ?



Best Answer

It depends on which country's consulate or embassy you are applying to; most embassies expect 50 to 60 Euros for each day of your stay in the Schengen area.

Yes, you always need to show all relevant documents with your application, including bank statements.

I got Schengen visas 15 times from different states and my stay was never more than 15 days. Besides travelling costs, I always showed at least 4 to 5 thousand Euros in my account.




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How much funds do I need to show for Schengen visa?

Bank statement \u2013 this needs to show a minimum balance of \u20ac3000 over the last 6 months. If you do not have this amount in your bank, you could show a family member's/guardian's statement instead, with an accompanying letter stating that they are sponsoring your travel and stay.

How much bank balance is required for visa?

The bank balance should be equivalent to the trip cost. It needs to be clear that you have held a minimum balance of at least the required amount to cover all your expenses in the visiting country.

How do I prove sufficient funds for visa?

How do I prove that I have enough money to travel? It's simple: Get a bank certificate or bank statement or both. A bank certificate is usually a one-page document that certifies that you have an account with that branch. Often, the latest available balance is indicated.

How much bank balance is required for UK visa?

You must have at least \xa34,000 in your savings. Anything less than that can raise questions and lead to visa refusal. Again, UK Visas and Immigration does not specify what is acceptable in terms of funds.



How much Bank Balance is required for Schengen Visa ?#schengen_visa




More answers regarding how much funds do I need in my bank account to apply for a Schengen visa?

Answer 2

It depends on the purpose and nature of your trip. There is no set amount for the Schengen zone, each country is free to determine their own requirements; sometimes they even list this on their foreign mission / embassy websites.

For example, the Netherlands:

"You also should be able to prove you have sufficient funds for your stay in the Schengen area. In the Netherlands this is a minimum of € 34 per person per day. In some cases, such checks may result in a refusal for the visa holder to enter the Schengen country or the Schengen area."

For Italy, there is this handy PDF (in Italian) which has on its last page a table that lists the fees for the lenght of stay, and number of travelers.

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