Bank Details, Fixed Deposit, Current Account or Savings account, sponsor, how much money to show?

Step 9 is one of the most crucial stages in your journey to study in Australia — understanding and preparing your bank details. In this step, we dive deep into all the essential financial documentation required to support your student visa application. From creating and maintaining the right type of bank accounts like FDRs (Fixed Deposit Receipts), current accounts, and savings accounts, to obtaining a bank solvency certificate, everything must be in perfect order to satisfy the Australian immigration requirements.

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We also explain the importance of collecting and organizing all transaction documents, including account statements, deposit slips, and transfers. You’ll learn how to properly show proof of funds and living expenses, and how to prepare a convincing and complete financial statement. Whether you are self-funded or sponsored, this guide ensures you present your financial capacity clearly and professionally to maximize your chances of visa approval.

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