Bank Statement for UK Student Visa

The UK Visa and Immigration (UKVI) requires international students to provide a bank statement for UK student visa application. Applicants have to provide a bank statement of at least 28 days while applying for a UK student visa, which means you must show your financial history within 28 days before applying. However, it is important to understand that requirements may vary depending on your university and the type of visa you’re applying for. 

In the case of a Tier 4 student visa, you must prove that you have enough bank statement to afford your UK studies and support your dependents (if you have any). However, the amount of money required for a bank statement completely depends on the duration of your selected course, tuition fees per year and living expenses in the UK. 

Financial Requirements for the UK student visa from Bangladesh

The UK student visa financial requirements include:

1. A Bank Statement: A bank statement is required to show the applicant’s financial history of at least past 28 days. As an international student, you need to show enough funds to cover your tuition fees and living expenses in the UK. 
2. A Letter of Financial Support: You will have to provide a financial support or sponser letter from your sponsor if you are not funding your studies in UK. The letter confirms that your sponsor is willing to cover all your UK study expenses.
3. A Proof of Income or Assests: You may have to provide a proof of income or a proof of assets such as investment statements, property documentation and tax returns, etc. 

What are UKVI-approved banks?

Students from Bangladesh will have to find a bank that is approved by the government of UK that is called a UKVI-approved bank. You have to deposit your funds into the UKVI approved bank and also provide the bank statements if you want to study in the UK. 

It is important to understand that opening up a bank account at a UKVI approved bank is a requirement that you must meet. However, you should always check for the latest regulations about visa application and finances on the UK government's official website. Here are some of the well-known UKVI approved banks in Bangladesh that you can choose from. 

1. Standard Chartered Bank
2. AB Bank 
3. Trust Bank Ltd
4. HSBC Bank
5. Eastern Bank Limited
6. BRAC Bank 

UKVI Approved Bank in Bangladesh for UK Student Visa

The United Kingdom Visa & Immigration (UKVI) has approved certain banks in different countries whose bank statement or funds confirmation are approved. As a Bangladesh student, you need to have UKVI acceptable bank statement for UK student visa. Here is Bangladesh bank list for UK student visa:

1. AB Bank Limited
2. Bank Alfalah Limited
3. The City Bank Limited
4. Eastern Bank Limited
5. National Credit and Commerce Bank Ltd
6. Trust Bank Limited
7. One Bank Ltd
8. Mutual trust Bank Ltd
9. BRAC Bank Ltd
10. Shahjalal Islami Bank Ltd
11. Standard Chartered Bank
12. Dhaka Bank Limited
13. Pubali Bank Limited
14. Standard Bank Limited
    

Opening Process for UKVI-Approved Bank Account in Bangladesh

You must open a bank account in a UKVI approved bank in Bangladesh. However, to open up your bank account at UKVI approved bank, you must gather all required documents including:

1. A Valid Passport
2. National ID Card
3. Proof of Present and Permanent Address such as rental agreement or utility bills, etc.
4. Letter of Acceptance
5. A Proof of Your Source of Income such as tax returns or salary certificate.
6. CAS statement
7. Other documents may include letter of recommendation or a referenece from current bank. 

Fill an application form and submit all required documents. You will get a notification once your application is approved. Activate your bank account and get it registered with UKVI. The UKVI has a 28-day bank statement rule to study in the UK, which means you must provide a bank statement dated within 28 days of your visa application. So, open up your account at a UKVI approved bank as soon as possible. 

Relationship Proof for the Financial Requirements

You must meet all financial requirements for UK student visa. However, the most important requirement is to provide proof of your financial support. It confirms that you can afford to study in the UK, covering your tuition fees and living expenses. If you are funding your studies in the UK, then you provide a proof of your finances such as your personal bank statement to show that you have enough money in your bank account.

If you are dependent on your parent or guardian, then you must provide proof of financial support. Apart from that, if you have a sponsor to support you financially such as a family member, friend or employer, then you must provide a sponsor letter and a proof of their finances. 

How much Bank Balance is Required for UK Student Visa? 

The amount of bank balance required for UK student visa varies. It depends on your tuition fee, course duration, location as well as your accomodation and living expenses including transportation. Some cities has comparatively higher cost of living than others in the UK. However, you need enough money to cover your tuition fee for up to 9 months. Your tuition fee is mentioned on your CAS. So, ensure to check it carefully. Apart from that, you must have at least £1,335 per month – up to 9 months for living expenses while studying in London with a UK student visa. However, for other cities you must have around £1,024 per month — up to 9 months.