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Bank account and proof of funds, step by step

Why the embassy wants to see money in an account, what the amount depends on, and when to get the statement.

The embassy wants to be sure the student can cover the first year in Korea. So it checks both the amount and how long it has been in the account.

What the amount depends on

The amount depends on the university, the programme and the visa type, so there is no single figure. For each admission we give you the details based on the current requirements.

When to open the account

Open it before the admission letter arrives: the money has to stay in the account for a set period. If that period is too short, the embassy may not accept the statement.

Planning the amount

At the consultation we work out together by when the money needs to be in place, which bank to use, whose name the account is in, and when to request the statement. You get every requirement in writing.

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