Are you planning to get your higher degree from a university in Poland? You must be preparing your documents for your visa application and what not. In the bustle, do not forget about preparing your proof of funds To study in Poland.
As an international student planning to move to Poland to pursue your study program, you will have to fulfill the requirement for producing proof of the financial capability of sustaining yourself in the country. This will be an essential document for proceeding with your visa application and all international students in Poland can only enter the country once this document is verified at the time of visa application.
To help you understand the procedure for getting your finance proof and other requirements, let me take you through an overview and try and answer questions arising in your mind:
How much Proof of funds I need to travel to Poland?
The amount of money required depends on what part of the world you are coming from for your study abroad journey in Poland. The details for the average amount of Poland Zloty (Poland’s national currency) you will need to cover your immediate primary expenses.
- As a student, you would have to keep PLN 12,100 (per year), in addition to your rental costs, tuition costs, and miscellaneous costs for at least a period of 15 months if you’re moving to Poland for a long-term stay.
- If you’re only going to be in the country for a period of fewer than 15 months, you will require PLN 12,100 (per year), plus tuition, rental and miscellaneous for the duration of your stay.
Suppose you are a student on a short-term visit to Poland for 3 months. During your visa processing, you will be asked to present a bank statement for PLN 1,008, plus the amount that covers your accommodation costs, tuition costs, and miscellaneous expenses for a duration of 3 months.
Another requirement you will be asked to fulfill is having enough funds to cover your return journey to the home country post completion of your study program in Poland. The average expense for the same again depends on which part of the world you’re originally from.
- For students coming from the region bordering Poland, the average expense would be around PLN 200.
- For students from the EU region, PLN 500 would be sufficient to cover their journey back home.
- And PLN 2500 for those students who are not from the EU region
Proof of funds Documents
To provide proof of funds cost of study in Poland, cost of living in the country, and the journey back to their country of origin, you will have to contact your bank, university, or employer in Poland. You can ask them to provide an application for the same. As this is an essential document, no institution will deny you the application.
Try to get the application no earlier than a month before finally submitting your application for your temporary residence permit in Poland. But what are the documents that work as financial capability proof? I have listed them below for you to take notes:
- Proof of funds in a bank in Poland
- Certificate of limit on your credit card issued by the bank
- Certificate of scholarship from university (if applicable)
- Proof of earning in Poland (if you have a job there)
Now, I will talk about how to open a bank account in Poland to help you understand the process better.
How to open a bank account in Poland?
As an expatriate in Poland, opening a bank account for you will not be a big deal. The procedure is simple and there are some recommended banks for foreigners that guide them every step of the way. In fact, some banks will also allow you to open a bank account online while sitting in your home country.
If you are not already a resident in Poland and belong to a non-EU country, you will have limited options only. Most banks in Poland will require you to provide proof of residence and a PESEL number before opening your account.
Read More: 3 Reasons To Study in Poland
However, let me name a few banks that have easy procedures and criteria for foreigners. The names of the banks are as follows:
- MILLENNIUM Bank
- ING Bank
- PKO Bank
- National Bank of Poland
- Citi Bank
- Getin Bank
The process of opening a bank account involves submitting the required documents including your proof of identity, residence card, address proof, etc. Once your documents are verified, you will be able to use your account to withdraw money.
How to withdraw money from the bank?
As soon as your account is ready to use, you will be able to withdraw money from the ATM. You will be provided with a prepaid ATM card, and details to a smartphone app for the bank. After generating your PIN number, you can withdraw money instantly using your details.
And you’re all set to go!
Now that you’re equipped with the necessary information for funding for your study in Poland as an international student, you are all ready to prepare your documents for the same. For any other queries about your study program in Poland, you can connect with our experts here at Udrus.