What is a solvency certificate and how do I get one from the bank? | Ask Banky

Editor-in-Chief Mohamed Salah

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Editor-in-Chief Mohamed Salah

What is a solvency certificate and how do I get one from the bank?

Asked by Banky team 2 months ago
Banky team Reviewed editorial answer

It is an official document issued by the bank at the customer's request (an individual or a company), addressed to a specific entity (such as embassies or government bodies), stating that the customer has financial solvency or sufficient balances and that his account is running regularly. Banks charge a fixed administrative fee for issuing this certificate.

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