Do I Need To Have ‘Show Money’ When Applying for US Visa? What Is the Minimum Amount of Money That I Need To Show in My Bank Account?
It depends on your circumstances. There are times when the consul won’t even ask for your bank statement. But most of the time, especially for regular employees, the bank statement is usually one of the basic requirements when applying for a US Visa.
It’s best to come prepared and have enough money in the bank to show that you’re capable of funding your travel to the US.
When it comes to the minimum amount that you should have in your bank account, there’s really no definite answer since that information is not released by the US Embassy. The only thing that you can do is rely on the first-hand experiences of other Filipinos who went through the process of the US Visa application.
In order to get an idea of the minimum amount of ‘show money’ that you should present, calculate all the costs of international travel like airfare, accommodation, food, and others.
Frequent travelers suggest setting aside at least Php 10,000 to Php 15,000 for each day that you’ll be traveling. It means that a Php 50,000 bank balance might be sufficient if you’re visiting the US for 3 to 4 days, but not if you’ll be staying there for 30 days. If you’re applying for a 10-day Visa, a Php 100,000 to Php 150,000 bank balance may be ideal.
Take note that your bank account history may also be reviewed. Your account should have steady cash flow with no sudden huge deposit of money just days or weeks before your visa application. They will usually look at your Average Monthly Balance to make sure that you did not just deposit a huge amount of money recently for the purpose of applying for the visa.
Go back to the main article: How to Apply for a US Visa in the Philippines: An Ultimate Guide
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