Bank Statements

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Old Feb 11th 2003, 11:15 am
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FOX
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Any comments on how long a history of bank statements we should be taking as proof of our financial history?

I'm sure I have heard somebody on here say 6 months is enough, hubby wants to take the best part of 10 years worth!!

Any thoughts or experiences?

Sarah
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Old Feb 11th 2003, 12:38 pm
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I took 1 bank statement from the past 3 years and we got our visa.

Best of luck
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Old Feb 11th 2003, 2:03 pm
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Sorry, I didn't make myself clear, I mean't as proof when we get to Oz to support our applications for mortgages etc

Sarah
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Old Feb 11th 2003, 2:34 pm
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Originally posted by FOX
Sorry, I didn't make myself clear, I mean't as proof when we get to Oz to support our applications for mortgages etc

Sarah
I asked the same thing this morning with the Migrant Banking Services in London (Commonwealth Bank of Australia).

As long as you are earning in Oz the history you get there would normally be sufficient. I can't imagine why you would need 10 years as it is the ability to repay a loan that is first and foremost not just history.

I hope this helps

Steve
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Old Feb 11th 2003, 6:27 pm
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Useful to have some as proof of reliability of paying off loans, mortgage, bills credit cards etc. If you are thinking of renting I'm sure it will help. 3-5 years max would be my intention!!

Mash..
Originally posted by smiths2
I asked the same thing this morning with the Migrant Banking Services in London (Commonwealth Bank of Australia).

As long as you are earning in Oz the history you get there would normally be sufficient. I can't imagine why you would need 10 years as it is the ability to repay a loan that is first and foremost not just history.

I hope this helps

Steve
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