How to obtain a Bank Statement if the owner of the account is not in Nepal?

Photo by: Robert Bye -Unsplash

 This is a somewhat unique case, but it can happen to students whose sponsors are abroad, and own bank accounts in Nepal. And, students need to show the bank statement of their sponsors for visa purposes of different countries.

Ideally, a bank statement is only provided to the respective account owner, by the bank, after showing valid ID card and affixing his/her authorised signature to the application form, due to the sensitive nature of the document.

But now, as many Nepali nationals are abroad for the purpose of foreign employment; if a student wishes to show someone residing and working abroad as his/her sponsor, they need to show their bank statement of either their foreign bank or their bank in Nepali if applicable.

It is possible to get the bank statement no matter where you are via email by filling out the bank statement request form, downloading it from bank's official website and sending it to bank's email in the case of many Nepali banks. It could take a few days to receive the statement through this method. Machhapuchchhre Bank Limited had taken almost 5 days to send the document through email request.

However, if you need the statement more urgently and if you want to visit the bank yourself and receive the statement on behalf of your sponsor, you can do the following.

I am sharing my experience of a similar case here. This approach might not work in all banks because each bank has their own set of policies that govern them. You need to understand with your sponsor's bank about their requirements.

In order to obtain the bank statement in the aforementioned case, you need to request your sponsor who's abroad to write an application (either in English or in Nepali) and send it to the bank's email, either customer service email or branch manager's email of a specific branch. Also request your sponsor to include their account number, authorised signature and define your relationship with him/her. In addition, the application should include your citizenship card number so the bank will be sure that you are the authorised recipient of the document.

It is better to visit the bank before the application is sent by your sponsor and ask the bank if they require any other details and have your sponsor send the application fulfilling the requirement laid out by their bank.

I had obtained the bank statement following the above-mentioned procedure at Machhapuchchhre Bank Limited's head office Lazimpat, Kathmandu. However, Machhapuchchhre Bank had told me that if the email is received from the bank owner's authorised email registered in Machhapuchchhre Bank's system, the signature of the account owner may not be needed. But if the owner does not have his email registered in MBL's system, the owner's signature is a must with the email application. It does not hurt in any case though, to affix a signature of the account owner.

 I hope this blogpost will be helpful if you are in a similar situation and are wondering what to do.