Bank Statement and Financial Resources for France Visa

Bank Statement and Financial Resources for France Visa

Those who will apply for a France visa must prove how they will cover their expenses during their stay in France and how much financial resources they have. Proving financial adequacy is one of the most carefully examined issues in the France visa evaluation process. If financial adequacy is not provided in the France visa evaluation process, the applicant is highly likely to be denied a visa.

What are the Financial Adequacy Requirements for a France Visa?

Within the scope of the financial adequacy requirement for a France visa, documents must be submitted at the time of application demonstrating that the applicant has sufficient funds to cover the expenses for the planned period of stay or for the return to the country of origin or transit to another country, as specified in Article 14 of the Visa Code adopted by the European Parliament in 2009 for France, which is a Schengen country and subject to the Schengen Agreement.

It is among the requirements for a France visa application that the applicant be in a position to legally obtain financial means.

How to Prove Financial Adequacy for a France Visa Application?

The documents that can be submitted to prove financial sufficiency in the France visa application are given below.

  • A personal bank statement showing the applicant’s financial activities for the last three months.
  • Credit cards
  • Cash that can be converted into different currencies
  • Travel check
  • Pay slips
  • Employment contract specifying salary
  • Work permit for employees
  • Sponsor petition
  • Proof of prepaid accommodation
  • Special accommodation documents
  • Proof of prepaid transportation
  • Official scholarship document
  • Other documents that guarantee income in hard currency

What is the Bank Statement for France Visa Application?

A bank statement for a France visa application is a document that shows a summary of all financial transactions made through a bank account for a certain period of time. The bank statement includes information on all bank transactions such as the current account balance, deposit and withdrawal transactions, fund transactions, and interest status.

Below is an example of a bank statement for a visa.

What should the bank statement for a France visa be like?

The bank account statement for the France visa must be for the last three months and must be signed and stamped by the bank. The name and surname of the account holder, account type, bank name and branch must be clearly written on the bank account statement for the France visa. If the applicant has more than one account, bank account statements for all accounts must be added to the visa application file.

In the France visa application, the bank account provided must contain the minimum amount required for the visit to France. The bank account provided for the France visa should not be a time deposit account; the money in the account must be available for immediate use.

How old should the bank account be to get a France visa?

The bank account of the person applying for a French visa must be at least 3 months old.

How Should Bank Account Transactions Be for France Schengen Visa?

According to the bank account transactions for the France Schengen visa, the account balance must contain at least 60 euros for each day spent in France. If the applicant is employed, a work document and a no objection letter from the employer must be submitted; the monthly income of employees in the documents indicating their salary must match the amounts deposited into their bank accounts.

The bank account of the person applying for a visa must have been opened at least 1 year before the visa application date and must have regular movements. If the bank statement for the Schengen visa application shows that a large amount of money has been deposited into the applicant’s account, it should be stated where this money came from and why it was deposited into the account.

How much money do I need to have in my account to get a visa to France?

In order to obtain a France visa, a person must have at least 120 euros in their bank account per day, as per the regulations of the European Commission, if the accommodation has not been paid in advance. If the accommodation fees for the trip to France have been paid in advance, the daily amount that must be in the account is reduced to 65 euros.

If the person applying for a French visa proves that he/she would prefer a cheaper form of accommodation, the required amount is 32.25 euros per day.

How Much Money Do You Need to Go to France?

The amounts of money required to go to France for different periods of time are given in the table below.

Travel TimeAmount to be in the Account if There is No Hotel ReservationAmount to be in the Account if There is a Hotel Reservation
5 days600 euro325 euro
1 week840 euro455 euro
2 weeks1,680 euros910 euro
1 month3,600 euros1,950 euros
3 months10,800 euros5,850 euros

How to Declare Bank Account Statement for France Visa?

For a France visa, the bank account statement must be submitted to the authorized intermediary visa application center along with other required documents at the time of appointment.

Can I Get a France Visa Without Money in My Bank Account?

Applicants who want to get a France visa without money in their bank account must have a sponsor who covers their travel expenses. The person applying for a sponsored visa must provide a bank statement belonging to the sponsor and meeting the same conditions as the personal visa application. Those who want to get a France sponsored visa must provide a sponsorship letter.

A sponsorship letter is a letter stating that the travel expenses during the visit to the Schengen area will be covered by someone else. In addition to the sponsor’s passport details, the sponsor’s letter must include the applicant’s name, the sponsor’s address, the sponsor’s relationship with the applicant, and information about their financial situation.

While the reliability of the relationship between the applicant and his/her sponsor is checked during the visa application, the sponsor of the person who will receive a French sponsored visa must support the fact that the applicant is a safe tourist for the Schengen countries, even if he/she will not accompany the applicant on the trip.