I'm planning on applying for a DTV Soft Power visa through the Los Angeles consulate and had a question about proof of funds. The account I keep $17k+ in that I would provide statements for proof is a high yield online savings account administered by Goldman Sachs. Its not an investment account, its just a savings account and any transfer requests to my checking are done within 24 hours. Has anyone had any issues with that type of account being used as proof of funds.
My checking account statements show ending monthly balances of about $8k-$9k. Would including statements from that and explaining that I keep most cash in the savings and can have access within 24 hours to the savings if the need should arise?
TLDR : Answer Summary
The user is inquiring about using a high-yield savings account from Goldman Sachs as proof of funds when applying for a DTV Soft Power visa at the Los Angeles consulate. They have approximately $17,000 in that account and also maintain a checking account with lower balances. Community responses suggest that using the high-yield savings account is generally acceptable, especially when applying from the U.S. due to familiarity with such institutions. Sharing statements from both accounts and providing a clear explanation in the cover letter may strengthen the application.
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