bank statement verification by US universities

Do colleges and universities verify and validate the Bank Statements and Balance submitted by the students’ bank accounts before issuing I-20?

It’s a trick question to answer, and I will try my best to give an appropriate response.

As far I know, colleges and universities don’t verify the bank balance statement that is sent along with the application for graduate school admission. It should be noted that bank statements are valid for six months from the date of issuance.

If colleges were to verify the bank balance ( and bank statements), I’m sure lot of students will not be getting I-20. 

Some universities fees are high. So, they expect to see a bank balance regarding $80,000 require very high graduate school tuition fees and when converted to local currency, it is even a larger amount to show as proof.

From my experience, the when large amount of money is not available immediately. Parents likely have their financial assets in different places and different forms, like jewelry, land, properties, etc.

There are many rich people who don’t have cash immediately available as they use their finances in businesses, etc.

These are among the reasons why during the graduate school application process, some applicants are forced to send fake bank statements.

Fake Bank Statements

There are two standard “legal” ways in creating partly-fake bank accounts. First is by borrowing money from friends and relatives and holding in an account for a few days just to get the bank statement for a period.

The second is by paying an agreed percentage (borrowing fee) to some consultancy, who will deposit money into one’s account and after getting the statement, they will take the money back.

It’s good business for some people as they are making so much money from that.

And there’s the other more sinister way, which is by going to professional forgers to have a set of fake documents (complete with bank letterhead, seal, signature, account number, etc.) all of which are fabricated. I have heard some people do that, but I haven’t met anyone in person.

Taking this issue regarding morals and ethics, if you really cannot afford to show any sufficient bank statement as proof of your capacity to afford an education in the U.S., it only implies that the person is merely trying to enter America.

I wouldn’t say it’s not worth the effort. Because with fake bank documents, one might get admission. However, the chances of getting a student visa is another story.

It’s very easy for the consulate officers to find out if the documents are fake as they have the skills and means to verify them immediately.

If the bank statements are original, suggesting that the money is real, then you will be able to answer questions related to transactions in your passbook, the source of each fund, private details about your parents’ income tax returns, etc.

F-1 Student Visa Canceled

I know of an instance when because of a fake bank statement, the visa initially issued to a student but was later on canceled because the truth was eventually discovered.

And despite employing the best forgers available or doing the most authentic document-faking styles, consulates have that extra “sense” to know the people who are doing these kinds of modus operandi.

Also, consulates have a list of banks that have been found to issue fake or manipulated bank statements. So if you used documents from such banks during visa interview, your chances to enter the U.S. in your lifetime would be NIL. I mean zero.


  1. Irfan on November 28, 2017 at 2:18 PM

    how many money we need to show in our ac for getting visa?

  2. Irfan on November 28, 2017 at 2:17 PM

    how many money we need to show for getting visa?

  3. sura on July 6, 2016 at 1:07 PM

    what i want to ask is , can one person back account statement can be used for two students who applied in different universities admission to USA .

    • Raghuram Sukumar on August 7, 2016 at 10:19 AM

      It’s like inviting trouble 🙂

  4. Raphael Mohammed on June 26, 2016 at 1:43 PM

    I applied to a school in the state now thee me a bn scholarship to study with them which they have sent me the forms to fill and submit. But on the form they asked for my bank statement. Why ? Because I don’t have much funds that was the reason I applied for the scholarship.
    Please educate me

  5. Raphael Mohammed on June 26, 2016 at 1:40 PM

    I applied to a school in the state now the school is yet to give me a scholarship to study with them which they have sent me the forms to fill and submit. But on the form they asked for my. And statement. Why ? Because I don’t have much funds that was the reason I applied for the scholarship.
    Please educate me

  6. Harshil Dave on December 22, 2015 at 10:09 AM

    Hi sir
    I m Harshil Dave and i haven’t sufficient bank balance for bank statement
    In that case what can i do

    • Raghuram Sukumar on December 23, 2015 at 1:19 PM

      You maybe able to get loan and then use that. But, that’s onluy for few universities. I don’t have the list.

  7. aniket on December 4, 2015 at 8:40 PM

    Hello…m in great problem…can I get Solvency certificate stating that I m sponsored by my relatives??

    • Raghuram Sukumar on December 6, 2015 at 9:10 PM

      Yes, you can but it depends on other sources of funding.

  8. jav on April 27, 2014 at 3:54 PM

    sir ;;;is it necessary to show bank statement if so how much balance should be shown?

  9. Christina lakmah on February 20, 2013 at 2:54 PM

    Hi! Will the US embassy verify my current account in the bank in applying visa? Thanks!

    • HSB Counselor on February 21, 2013 at 7:04 AM

      Hi Christina, In case you are sponsoring your studies your bank account details will be reviewed. It us basically the sponsor’s bank account details, US Embassy/Consulates concerned about.

      Hope this helps!

  10. francis on February 27, 2012 at 11:20 AM

    My sister living in US is my i need her bank statement when going for interview?

  11. ibrahim mahroug on April 5, 2011 at 11:04 AM

    hello again and thank you for responding so quickly, the thing is not that i'm worried about, what i'm really worried about is that if won't be granted a visa for the second year for some reason (US doesn't give much f1 visas for Algerians that's known for a fact) then i won't be able to withdraw my money since there's a not a branch of any US banks in here. but in the same time afraid that the consulate agent will find out that my bank account is emptied after getting the statement then the bank statement will be invalid. so my question is: Do they really can check my bank account (does the consulate has the right to) or will they just consider the statement i presented. your help is very appreciated. thanks

  12. ibrahim mahroug on April 4, 2011 at 12:52 PM

    hello everybody, i have a small issue here and i wish someone can help me with that, i'm currently in the USA studying for an MS 1st year but i'm currently on a j1 visa which will expire in May 2011 so i have to get back to Algeria my home country and get an F1 visa to continue my 2nd year and finally get my degree. so i have a bank statement of 13000 and the college promised me 10000 in return of some teaching-assistance i'll do for them next year, my issue is that i'm worried to leave my money in the account which is in a US bank, so i'm planning to widraw the money and take it home with me, the problem is that i'm afraid that the Embassy will chick my account and find it empty and are they allowed to do so (check my account).

    • HSB on April 4, 2011 at 3:16 PM

      Money in the bank account will not vanish. If you are going to come back, then why take the money out? You can keep checking your online accoutn frequently for peace of mind.

  13. deepak kumar on December 22, 2010 at 9:21 AM

    will yu please tell me about bank statement

    because i dont hav much more money to show in account

    nd m trying to take money from a relative to show bank statement

    is that a right process?

  14. Alpha on December 3, 2010 at 12:03 AM

    If you know anything about INDIAN banks, can you please throw some light on which banks we can get the statement from..?my parents have been banking with cooperative bank from a long time and have sufficient cash to show in the bank statement in that bank ,but i'm afraid if that bank's statement is valid because its not some hi-fi famous bank like HDFC, HSBC and stuff…please..its time for me to send my graduate application package so help me fast…

    or in the worst case,is it that big of a deal if i send the bank statement later after getting admitted?because the universities im applying to mentions that its not required now but will be required if i get admitted.

  15. Divya Rao on September 10, 2010 at 10:08 AM


    I've a problem here. Im applying for Bachelors Program in Media Arts and Animation. Now i have to send my University a Bank Statement stating that i have $35,500 proof. I want to know whether these universities check and verify for bachelors program as well. Im really confused in this aspect. Please Advice.

  16. Saurav on August 19, 2010 at 4:48 AM

    Sir, Do we need to keep the amount in account after the bank statement is issued? If Yes then for how many Days?

    What all documents does Visa Officer Checks and how does he evaluates all those?

  17. Gokila on December 17, 2009 at 9:14 PM

    This is Gokila from chennai. I planned to study M.S with education loan . But how to send the proof of bank statement to universities while applying ?? My father doesnt have any liquid cash at present . the only source is asset worth of INR-50 lakhs ( approx $106380).and he is working in a private concern and his earnings is approx INR 70,ooo per month. How to get the bank statement proof to send to the university . Is it possible ??? else in what ways can i get the bank statement ?

    please help me regarding this . very urgent..

    • HSB on December 18, 2009 at 5:20 AM

      Gokila – thats the reality of applying to US Universities. You have to find a way to show liquid cash in bank statement. Maybe borrow money from relatives just for bank statement, but you need to have liquid cash during visa.

  18. Abel on July 14, 2009 at 9:11 PM


    I cannot get a bank statement which declares the required bank balance, but the bank has given a statement valuing my property that the “worth” is the required amount. Is this acceptable?

    as the balance in the form of Liquid cash is not there , but the property is the required value.

    Pls help!

  19. divya on March 18, 2009 at 8:00 AM


    I cannot get a bank statement which declares the required bank balance, but the bank has given a statement valuing my property that the "worth" is the required amount. Is this acceptable?

    as the balance in the form of Liquid cash is not there , but the property is the required value.

    Pls help!

  20. rohit on November 24, 2008 at 8:49 AM

    If taking money from a relative also counts for a fake bank statement then my only option is money in the form of land. How can i portray to the university that i can support myself for a year on the worth of the land which is sufficient enough?

    do i make a solvency statement and send it to the university? but they have a official form which no where mentions that a solvency statement will be accepted.

    they either accept bank statement, personal savings or a sponsor's certificate?

    how do i look for a sponsor?

  21. Sumalya Pal on August 27, 2008 at 11:41 AM

    wat type of question was that melanie..universities require ETS to send them the official test scores…how can you fake the "official test score" … plz dun tell me u got ur rat in ETS….phew!!! :O

  22. melanie on June 11, 2008 at 7:31 AM

    hi can you fake your toefl Result?

    Can you give a fake toefl document to college?Do they really verify?

    thank you

  23. hemanshu on December 3, 2007 at 6:59 AM

    i want to ask doubt regarding bank statement…can i use my dads Provident fund money to make a bank statement…if yes then how???

    • dhawal on April 23, 2010 at 8:33 AM

      yes you can.

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