06/08/2024
Quick AB.TT Updates
_Please read carefully_
Proof of fund is different from source of fund please know this to avoid any mistake.
SOF can be demonstrated in many forms, depending on your claim.
Do not just warehoused a huge sum of money and expect the embassy to be satisfied with it.
You must demonstrate the following
📍Origin of the funds
📍Who owns the funds
📍Are the funds exclusively available to you whilst in Europe
📍Relationship between you and your sponsor
📍Among many others
It is best you use documents to explain all
Austria and majority of countries in Europe wants your sponsor to show a 6-month bank statement.
If you are using a sponsor, as of the time of application, your sponsor must have transferred the entire POF into the applicant's account.
For example
You have a sponsor, your sponsor must submit a 6 month bank statement reflecting cash flows, incomes, and all.
Then, by the time you want to submit your application for visa, your sponsor will transfer the POF worth 14k EUR into your account as the main applicant.
While you submit a 6-month bank statement of your sponsor, make sure you submit your own bank statement for may be 1 month reflecting the 14K EUR Naira equivalent.
Another angle!!
Meaning!! Your sponsor 6-month bank statement
Main applicant!!! May be a 1-month bank statement
Your cash flow is irrelevant since you are using a sponsor, especially when you have no dependent like children
The onus of the financial responsibility or burden is solely on your sponsor.
Then your sponsor can write a letter to introduce you, to show his means of livelihood and how he/she accumulates such huge sum of money then may be a pay slip if the sponsor is on full time employment.
You have demonstrated proof / origin of funds with this method.
Also, note that there are numerous ways you can demonstrate this, but the easiest one is this.
Straightforward and no red flag will be raised.
Powerful , information
Hold it tightly
🥏 AB.TT
Updates
®2024™