What is Parking of Funds (Visa Fraud)?
Meaning, Full Form & Guide (2026)
Quick Definition
Parking of funds is the fraudulent practice of temporarily placing large sums of money in a bank account just before a visa application to falsely appear financially eligible, then withdrawing the funds after the visa is approved. Immigration authorities detect this via account opening dates, sudden large deposits, and transaction patterns.
Parking of Funds (Visa Fraud) — Full Explanation
UK UKVI, Australian DIBP, and Canadian IRCC all flag accounts with sudden pre-application deposits that don't match the account's historical pattern. Visa officers look at account age, average balance, and deposit history. Genuine funds must be held consistently — not moved in 1–2 weeks before applying.
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