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MONEY & PROOF OF FUNDSPosted by Amira 🇲🇦 Morocco · 1 day ago

Can the bank statement be in my parents' name?

My savings are in my parents' account, not mine. Will the school and immigration accept that? What extra documents do I need?
2 comments
OFFICIAL ANSWER
Kya
KyaALLO TEAM
Founder & Head Consultant · Seoul
Yes, in most cases — with one extra document.

If the account is in a parent's name you need a family relationship certificate proving you're their child, translated into English (and apostilled or embassy-stamped depending on your country). Some schools also ask for a short sponsorship letter from the parent.

A few schools do prefer the applicant's own account. When that's the case the simplest fix is to transfer the money to your account early — ideally 3 months before you apply — so the balance doesn't look borrowed.

We check this per school before you pay any application fee, because a rejected financial document costs you a whole intake.
Was this helpful?Updated 1 day ago
2 comments
Posting as a guest.
Kya
KyaALLO TEAM · 1 day ago
Yes, in most cases — with one extra document.

If the account is in a parent's name you need a family relationship certificate proving you're their child, translated into English (and apostilled or embassy-stamped depending on your country). Some schools also ask for a short sponsorship letter from the parent.

A few schools do prefer the applicant's own account. When that's the case the simplest fix is to transfer the money to your account early — ideally 3 months before you apply — so the balance doesn't look borrowed.

We check this per school before you pay any application fee, because a rejected financial document costs you a whole intake.
0
Lucia 🇪🇸 Spain · 1 day ago
Mine was in my mother's name, no problem at all with the family certificate. Just make sure the translation is official.
6

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Nom de l’entreprise : ALLOGLOBAL Co., Ltd.
Numéro d’immatriculation : 776-81-03840
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Adresse : 161-8 Magokjungang-ro, Gangseo-gu, Séoul, République de Corée
Date de création : 18 août 2025
Type d’activité : Services
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