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You need to apply for a deposit certificate to go abroad. What is the function of this certificate of deposit?

You need to apply for a deposit certificate to go abroad. The function of this certificate of deposit is to prove your financial strength.

In the application process, universities need to know whether students have enough funds to study. Some universities require the deposit certificate to be submitted together with the application materials, while others will be a little late. After students enter the school, they need to issue an I-20 form and a deposit certificate. Certificate of deposit requires time deposit.