Which domestic bank’s deposit guarantee is most recognized for Canadian study visas?

For certificates of deposit for studying in Canada, banks recognized in China include Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, China Construction Bank, China Bank of Communications, and Postal Savings Bank of China. 1. Deposit certificate

The Canadian study deposit is proof of the family’s financial situation that international students must present when applying for a visa to go abroad. Some schools also require students to submit it at the same time when submitting their application. This is also for Check whether the family has the financial strength to support students studying abroad, so everyone should start preparations earlier, which will be more beneficial to the application.

2. Deposit period requirements

Canadian officials also have relatively strict requirements on how long the deposit prepared by students needs to be kept in the bank. It is necessary to ensure that the account funds are at least 12 years old. Months of normal accumulation, and the source of funds must be legitimate. Account bank statements for one year must be presented to confirm the normal use of the account.

3. Freezing time

After you have enough money in your account, you need to freeze it to ensure that the money is used as a deposit for studying in Canada and cannot be withdrawn at will. Generally, three months is enough, but freezing for half a year is a safer approach and can better prove the use of the money.

4. Deposit amount

The funds that need to be prepared are generally 200,000 yuan. The more detailed requirements are actually all the expenses for studying in Canada for one year, which will be staged. There are differences, but generally everyone should try to have as much money as possible when preparing, because not enough money will directly affect your application, but too much money will not have a negative impact.

5. Account name

Open an account directly with your own identity, so that when you present proof, you can just bring your ID card; and if it is your parents’ To open an account, you need to be accompanied by your parents and show the kinship relationship between both parties. The same process will be required to issue subsequent certificates, which will be more troublesome.

Of course, in addition to providing proof of a single account, you can also provide multiple accounts. After all, family deposits are not all placed in the same account. As long as the total account deposits meet the funding requirements will receive recognition.

How much is the deposit for studying abroad?

The deposit for studying in Canada is generally frozen for 1 year and 3 months. During this period, bank deposits cannot be withdrawn in large amounts and can only be withdrawn. , and the passbook with a figure of at least 600,000 must have a date on it. That is to say, when the immigration officer receives your case and prepares for trial, he will first check whether your deposit date is within 1 year and zero. 3 months ago, this is also the most likely to be rejected when applying for a visa. It doesn’t need to be in the same bank or the same passbook, but the total number must be at least 600,000, and each passbook must be in the name of your father or your mother, and it must be deposited for at least one year and three months. !

Generally speaking, to apply for Canadian high school courses, you need to provide a deposit of about 600,000 yuan; to apply for community college qualification certificates or junior college courses, you need to provide a deposit of about 300,000 yuan; to apply for undergraduate courses, A deposit of about 400,000 yuan is required; to apply for a graduate program, a deposit of about 250,000 to 300,000 yuan is required. Depending on the special circumstances of some students, the amount of the deposit can also be adjusted downwards. As long as the family has sufficient income, the threshold for Canadian security deposit history is not difficult to cross.

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