Are you struggling with the bank balance requirement for a UK student visa? Showing sufficient proof of funds is mandatory but the financial statement of every bank is not approved by the Home Office UK. Obtaining a study permit in UK is required for every Bangladeshi student who wants to study in the UK. However, the pre-requisite of a student visa in the UK is having enough money to bear the education and living expenses in UK for at least one year. To meet this condition, you must prove that you are financially stable, by showing the amount frozen in your bank account for 28 consecutive days.
However, there are 23 UKVI approved banks in Bangladesh through which you can prove your financial requirement for a UK study visa. In this blog, we will discuss the UKVI approved banks and other important things that you need for a successful visa application in UK.
List of UKVI Approved Banks in Bangladesh 2024-2025
Bangladeshi students and their parents need to know about the latest list of approved banks for studying in the UK. It’s important because they must deposit their money in these banks to show bank statements for students who want to study abroad. To study in the UK, students from Bangladesh need to show a minimum of BDT 26 to 30 lakhs, depending on the tuition fees at the UK universities and the living expenses. Below is a list of UKVI approved banks in Bangladesh in 2024-2025.Â
- AB Bank Limited
- BRAC Bank Ltd
- Citi Bank
- Commercial Bank of Ceylon Ltd
- Dhaka Bank Ltd
- Eastern Bank Limited
- First Security Islami Bank Ltd
- Premier Bank Limited
- Standard Bank Limited
- IFIC Bank Limited
- Prime Bank Ltd
- Hong Kong and Shanghai Banking Corporation Ltd (HSBC)
- Mutual Trust Bank Ltd
- National Credit and Commerce Bank Ltd
- One Bank Ltd
- Shahjalal Islami Bank Ltd
- The City Bank Ltd
- Trust Bank Ltd
- Pubali Bank Ltd
- Woori Bank Ltd
- Bank Alfalah Limited
- Standard Chartered Bank
- State Bank of India
Check Your Eligibility!
Details of UKVI Approved Banks in Bangladesh 2024-2025
Previously we have discussed the list of 23 UKVI approved banks in Bangladesh in 2024-2025. Now please note the details of those banks so that you can choose among the UKVI approved banks in Bangladesh in 2024-2025.
| UKVI-approved banks in Bangladesh | Details |
| AB Bank Limited | Type: Public Limited Bank Incorporated: 31st December,1981 Headquarters: Dhaka, Bangladesh Website: abbl.com |
| BRAC Bank Ltd | Type: Private Commercial Bank Incorporated: 2001 Headquarters: Tejgaon, Dhaka Website:bracbank.com/en |
| Citi Bank | Type: Subsidiary of Citigroup Founded: June 16, 1812; (as City Bank of New York) Headquarters: New York, New York Website: citi.com |
| Commercial Bank of Ceylon Ltd | Type: Public Limited Founded: June 25, 1969; 52 years ago Headquarters: Colombo, Sri Lanka Website: combank.net.bd/ |
| Dhaka Bank Ltd | Type: Private (Non-Government) Founded: July 5, 1995 Headquarters: Dhaka, Bangladesh Website: dhakabankltd.com/ |
| Eastern Bank Limited | Type: Private (Non-Government) Founded: August 8, 1992 Headquarters: Dhaka, Bangladesh Website: ebl.com.bd/ |
| First Security Islami Bank Ltd | Type: Public Limited Company Founded: 1999 in Dhaka, Bangladesh Headquarters: Dhaka, Bangladesh Website: fsiblbd.com |
| Premier Bank Limited | Type: Public Limited Company Founded: 1999 Headquarters: 42 Kemal Ataturk Avenue, Banani, Dhaka, Bangladesh Website: www.premierbankltd.com |
| Standard Bank Limited | Type: Private commercial bank Founded: 1999, Dhaka, Bangladesh Headquarters: Dhaka, Bangladesh Website:standardbankbd.com |
| IFIC Bank Limited | Type: Limited Liability Company Founded: Dhaka, Bangladesh (1976) Headquarters: Dhaka, Bangladesh Website: ificbank.com.bd |
| Prime Bank Ltd | Type: Private (non-government) Founded: 1995, in Dhaka, Bangladesh Headquarters: Dhaka, Bangladesh Website: primebank.com.bd |
| Hong Kong and Shanghai Banking Corporation Ltd (HSBC) | Type: Public Limited Company Founded: 3 March 1865, in British Hong Kong Incorporated: on 14 August 1866 Headquarters: HSBC Main Building, Central, Hong Kong Website: www.hsbc.com.hk |
| Mutual Trust Bank Ltd | Type: Private (Non-Government) Founded: Dhaka, Bangladesh Headquarters: Dhaka, Bangladesh Website: mutualtrustbank.com |
| National Credit and Commerce Bank Ltd | Founded: 1985 Headquarters: Dhaka, Bangladesh Website: nccbank.com.bd/ |
| One Bank Ltd | Type: Private (Non-Government) Founded: 1999, Dhaka, Bangladesh Headquarters: Dhaka, Bangladesh Website: onebank.com.bd/ |
| Shahjalal Islami Bank Ltd | Type: Public limited company Founded: April 1, 2001 Headquarters: Dhaka, Bangladesh Website: sjiblbd.com |
| The City Bank Ltd | Type: Public Limited Company Founded: 28 March 1983 Headquarters: 136 Gulshan Avenue, Circle 2, Gulshan, Dhaka, Bangladesh Website: thecitybank.com |
| Trust Bank Ltd | Type: Public Founded: in 1999, Dhaka, Bangladesh Headquarters: ShadhinotaTower, Bir Shrestha Shahid Jahangir Gate, Dhaka Cantonment, Dhaka, Bangladesh Website: www.tblbd.com |
| Pubali Bank Ltd | Type: Commercial bank Founded: 1959 Headquarters: 26 Dilkusha Commercial Area, Dhaka, Bangladesh Website: pubalibankbd.com/ |
| Woori Bank Ltd | Type: Public Founded: 30 January 1899 Headquarters: Hoehyeon-dong, Jung-gu, Seoul, South Korea Website: www.wooribank.com |
| Bank Alfalah Limited | Type: Public Company Founded: June 21, 1997; 24 years ago Headquarters: Karachi, Pakistan Website: www.bankalfalah.com |
| Standard Chartered Bank | Type: Public limited company Founded: As Chartered Bank of India, Australia, and China on 29 December 1853; 168 years ago, As Standard Chartered on 18 November 1969; 52 years ago Headquarters: London, England, UK Website: sc.com/bd/ |
| State Bank of India | Type: Public Sector Undertaking Headquarters: State Bank Bhawan, M.C. Road, Nariman Point, Mumbai, Maharashtra, India Website: onlinesbi.sbi/ |
Benefits of Using the UKVI Approved Banks in Bangladesh
UKVI is a division of the UK government responsible for managing immigration applications to the UK. The UKVI has accepted some banks that are responsible for issuing financial statements for a UK student permit. Let’s explore some benefits of using the UKVI approved banks list in Bangladesh.Â
Assurance of Financial Requirements for Visa Applications
The UKVI-approved banks in Bangladesh must follow certain rules when issuing financial statements. This means that these banks meet the standards set by UK Visa and Immigration (UKVI). When you submit bank statements and other financial documents from these approved banks, the UKVI will trust that your documents are accurate and reliable.
With these documents, you can confidently prove that you have enough money to support yourself while studying in the UK.
Easier Visa Application Process
You’ll need to use UKVI-approved banks for your financial statements during visa applications because UKVI trusts the documents from these banks. This makes the visa application process faster and smoother, as the banks can quickly provide the necessary information.
Since the UKVI already trusts documents from these approved banks, they can review and approve your visa more quickly without needing extra checks, which speeds up the process.
Increased Credibility and Trust
When you submit financial documents from a UKVI accepted bank in Bangladesh, it strengthens your visa application. UKVI trusts these banks because they have been approved to meet the required standards.
As a result, visa officers will trust your financial documents and see you as financially responsible. This increases your chances of getting a UK visa.
New Update for UKVI Approved Banks in Bangladesh
Attention! There is an update for the UKVI approved banks in Bangladesh. Bank statements from South East Bank are no longer accepted for UK visa applications under the points-based system. Until further notice, the UK government will not accept these bank statements. This change takes effect immediately.
UKVI apologize for any inconvenience this may cause. Applicants who have already submitted their applications will be contacted if needed.
How to Open an Account in the UKVI Approved Banks in BD?
To show the bank statement to the Gov.UK, you must open a student account in a UKVI approved bank in Bangladesh. Let’s learn how to open a student account in a UK govt. accepted bank in BD.
1. Choose a UKVI-approved bank: Check the UK government’s website or the British High Commission’s website for a list of approved banks in Bangladesh.
2. Gather your documents: You will need the following documents to open a bank account:
- Your valid passport
- Bangladesh national ID card
- Proof of your permanent and current address (like utility bills or a rental agreement)
- Proof of your income (such as a salary certificate or tax return documents)
3. Visit the bank: After selecting the bank and gathering your documents, go to a branch in person.
4. Fill out the application form: The bank will give you an application form to fill out. Be sure to provide accurate information and sign the form.
5. Submit your documents: Hand over your original documents and the completed application form to the bank.
6. Wait for approval: The bank will check and verify your documents, which may take a few days.
7. Get your account details: If approved, the bank will give you your account number, sort code, and other details.
8. Activate your account: You’ll need to make a first deposit to start using the account. The bank will tell you the minimum amount required.
9. Register with UKVI: Once your account is open, provide your account details to UKVI.
Final Words
In conclusion, getting a UK visa can be a complicated process, and one important step is to prove that you have enough money to cover your stay in the UK. You can do this by providing a bank statement from a UKVI-approved bank. In Bangladesh, several banks are approved by the UKVI, and choosing the right one is important to avoid delays or visa rejections.
By selecting a UKVI-approved bank like Standard Chartered, HSBC, or Citibank, you can be sure your bank statement will meet the UKVI’s rules. Also, make sure the statement is up-to-date and shows you have enough money for your stay in the UK. However, if you are facing any struggle in opening an account in the UKVI approved banks in Bangladesh, you can always contact AIMS Education.
FAQ
Which banks are UKVI accepted in Bangladesh?
Ans: There are 23 UKVI approved banks in Bangladesh through which you can prove your financial requirement for a UK study visa, such as: AB Bank Limited, BRAC Bank Ltd, Citi Bank, Commercial Bank of Ceylon Ltd, Dhaka Bank Ltd, Eastern Bank Limited, etc.
Which bank is UK government approved in Bangladesh?
Ans: There are 23 banks in Bangladesh that are approved by the UK government.
Which bank is approved for the UK visa?
Ans:Â AB Bank Limited, BRAC Bank Ltd, Citi Bank, Commercial Bank of Ceylon Ltd, Dhaka Bank Ltd, Eastern Bank Limited, First Security Islami Bank Ltd, Premier Bank Limited, Standard Bank Limited, IFIC Bank Limited, etc. are the UKVI approved banks in Bangladesh.
Does UK Embassy verify bank balance?
Ans: The UKVI will review your financial documents as part of your visa application. If they cannot confirm that the information is correct and genuine, your visa application will be denied due to financial issues.
What is the minimum bank balance for UK visa?
Ans: You are required to have a minimum bank balance of 26,00,000/- or 30,00,000/- per person which will demonstrate that you have sufficient funds for the entire period of your UK visit.
What is the 28-day rule for a UK visa?
Ans: The 28-day rule means that visa applicants must show they have enough money to cover their education and living expenses for a full 28 days in a row before they can submit their application.
Is a 3 month bank statement enough for a UK visa?
Ans: You need to show proof that you have enough money for your visit, such as at least 3 months of bank statements or payslips. For more information on how the financial requirements are checked, you can visit gov.uk.
AIMS Education is a reliable study abroad consultancy firm guiding students in selecting courses, and universities and helping them apply and secure their student visas. Also, AIMS Education is a British Council-certified agent and is listed on the British Council’s global agent list. We provide student recruitment services in the UK, USA, Australia, Canada, Hungary, Poland, Denmark, Malta, Finland, France, Germany, Austria, Spain, Sweden, Malaysia and UAE. Not only this but also AIMS Education is an ICEF Accredited Agent, UCAS Registered Centre, Expatrio Partner, PTE and Language Cert Partner. With an almost 98% student satisfaction rate and 10+ global awards, AIMS Education is now a name of trust among study abroad aspirants.
