Is a Philippine business visa required to provide proof of deposit?

Most of the countries that require applicants to provide proof of deposit are countries with better economies. The more they provide, the more beneficial it is to the applicant's visa. Does the Philippine business visa need to provide proof of deposit?

When applying for a Philippine business visa, the embassy requires the applicant to provide proof of deposit and has the following requirements to meet:

1. The deposit amount must be above 30000. The longer the journey, the higher the balance will be, as long as the cost of the trip can be consumed;

2. All deposits made must be in the name of the applicant;

Applicants over 3.16 years of age (inclusive) are required to provide;

4. The deposit provided is preferably a fixed monthly income, frozen for at least 3 months;

5. If a family cannot use a deposit certificate for travel, a deposit certificate in their own name must be provided, and applicants under the age of 16 must provide a deposit certificate in the name of one of their parents.

6. If the balance of one card is insufficient, you can provide several more, but it is best not to deposit a large amount of money at a time, which will make the embassy suspicious.

It can be seen that the embassy not only needs the applicant to provide the deposit certificate, but also needs to meet certain requirements. If the balance provided is not large, the embassy will doubt your consumption ability in the territory and may be rejected by the embassy. Therefore, the applicant should provide as many deposit certificates as possible. If there is no extra deposit, he can also provide more certificates conducive to his visa issuance, such as: house, car, etc, all can increase the visa issuance rate.