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What’s the difference between bank statements and proof of savings?

Often they’re the same thing, we just need to see the savings amount you entered.

Short answer: in most cases, they’re the same thing.

When you enter a savings amount on your application, we ask for proof of savings to confirm that figure and a bank statement is usually exactly what does that.

What counts as proof of savings

  • Any document that clearly shows the total savings amount you entered on your application. A bank statement is the most common example.
  • If all of your money is in one account, a single account statement is enough. You may upload the same statement for both bank statements and proof of savings, if necessary.
  • If your savings are in a separate account, or spread across more than one account, just share the statement or statements that together add up to the amount you entered.