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Prove Financial capacity for your Visa application
with Mist today!

Brand Page (1)Proof of Funds

 

Proof of Funds is a critical requirement for International Students wanting to study in Australia. That is why you can keep your Proof of funds with Mist and be assured that we will provide a statement of financial assurance for your Visa application.

Proving that you have the required minimum funds to qualify for an Australian Student Visa can be challenging, but with Mist's Proof of Funds, the process becomes easier.

Simply :

      1. Verify your Identity.
      2. Provide your personal information.
      3. Receive transfer instructions from Mist.
      4. Contribute your Funds.
      5. Receive Proof of Funds Documents -  Financial Capacity Statement to support your Visa application.

Why should I use Mist: Proof of Funds?

PoFBenefits

 

  • Improve the Australian Student Visa application process.

  • Have a live view of your Proof of Funds in your Mist account on the Mist app wherever you are.

  • Have your information stored all in the one place with Mist.

  • Incase if your Visa is declined, easily withdraw all your funds. 

Accreditations

The Mist International Student & Migration Trust Fund (ARSN 679 968 819) will be an audited investment fund managed by an independent trustee, underpinned by a licenced Australian custodian bank, established by deed poll as an Australian trust, registered with ASIC (Australian Securities and Investments Commission) under Chapter 5C of the Corporations Act 2001, and full in compliance with AFSL (Australian Finance Services Licence) regulations in Australia. All funds contributed to the product will be held in low-risk assets (government bonds, cash or cash-equivalent assets).

The following accredited Australian institutions combine to provide the Mist Education account: Cache with Awards

Bank

  • Bendigo Bank AFSL 237879

Responsible Entity

  • Quay Fund Services Limited AFSL 494886

Manager & Administrator

  • Cache Investment Management Ltd AFSL 514360

Custodian

  • Sandhurst Trustees Limited AFSL 237906
  • (owned by Bendigo Bank)

Auditor

  • Moore Stephens ABN 90 773 984 843 

Application Provider

  • Mist Financial Pty Ltd ABN 65 645 778 767 
Check out our How To: Upload your Proof of Funds using Mist
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