Required Bank Balance for Schengen Visa Application

The amount of bank balance you need to show for a Schengen visa depends on the country you are applying to, the duration of your stay, and the purpose of your visit. However, as a general guideline:

1. Minimum Daily Amount

o You need to demonstrate you have sufficient funds to cover €50-€100 per day for your stay in the Schengen area. This varies by country. For example:

 France: Around €120/day if you don't have prepaid accommodation.

 Germany: Around €45/day.

 Italy: €50-€55/day.

2. Total Amount Calculation

o Multiply the daily requirement by the number of days you plan to stay. For instance:

 If staying 10 days in France without prepaid accommodation: €120 × 10 = €1,200.

 Add additional funds for unexpected expenses to show financial stability.

3. Proof of Funds

o Accepted documents include:

 Bank statements (last 3-6 months).

 Proof of income (e.g., salary slips).

 Credit card statements.

 Sponsorship letter (if someone else is funding your trip).

4. Other Considerations

o Prepaid travel arrangements, such as hotel bookings or flights, reduce the required balance as they show reduced financial obligations during the trip.

o Some countries accept a combination of financial proof if your bank balance alone doesn't meet the requirement.

Recommendation

Check the specific financial requirements of the embassy or consulate of the Schengen country you are applying to. Providing a little more than the minimum required amount is advisable to strengthen your application.