Working Holiday visas are the gateway to working and traveling the world, but almost all of them require a key requirement: demonstrate that you have sufficient funds to support yourself, through a bank statement in your name. With MDE we give you the tools to open a European account and verify those funds even if you live abroad. Updated July 2026.
What do Working Holiday visas ask for?
Most programs (Australia, New Zealand, Canada, Japan and more) ask for proof of funds: a statement showing minimal savings (usually a few thousand euros or dollars, depending on the country). For this you need a bank account in your name with real balance and movements.
How to open a European account and prove funds
Fintechs such as Wise, Revolut or N26 allow you to open an account 100% online, but they usually require a European address and a local mobile number for verification. This is where MDE comes in:
- European Address to register and receive your physical card. We tell you about it in the guide to open a bank account in Europe.
- Spanish mobile line to receive the verification SMS from any country. See how to get your Spanish line.
- Reception and forwarding of the physical card to your home.
Extra advantage: multi-currency account for your adventure
Accounts like Wise or Revolut are multi-currency: they serve you for the initial verification of funds and then to spend, collect your salary and exchange money with good conditions during your Working Holiday.
Frequently asked questions
What is the funds check for a Working Holiday visa?
Most Working Holiday visas require proof that you have enough savings to support yourself (usually a few thousand euros or dollars) through a bank statement. You need an account in your name with a balance and transactions that support those funds.
How do I open an account to demonstrate funds from abroad?
With a European address and a Spanish mobile line you can open an online account in fintechs such as Wise, Revolut or N26. MDE gives you the address and the Spanish line for SMS verification, and we receive your physical card.
Is the European account useful for the visa?
Yes, a statement from a European account in your name with a sufficient balance usually serves as proof of funds. Each country has its requirements; Check the exact amount for your destination (Australia, New Zealand, Canada, etc.).
Can I use the account during my Working Holiday?
Yes. Accounts like Wise or Revolut are multi-currency and allow you to spend and collect in the destination country with good exchange conditions, in addition to being used for the initial verification of funds.
Prepare your Working Holiday today
Register in MDE, get your address and your Spanish line and open your European account. 14 days money back guarantee. Doubts? Contact us.
