Cost of Proof of Funds for UK & Canada Visa from Nigeria 2026: Complete Pricing Guide

** Getting legitimate temporary funding for your bank statements can be the difference between visa approval and refusal, but understanding the pricing is crucial. ng gives you the best value.

What is Temporary Proof of Funds?

Temporary proof of funds means your account is funded by a licensed partner with real money. The funded portion is placed under a lien/mandate so it cannot be withdrawn during the visa processing period, while you receive full statements and supporting letters.

This service is widely used for UK Student/Visitor visas (28-day rule) and Canada Study Permit/Express Entry applications.

Current Cost of Temporary POF in Nigeria (2026)

Service fees are typically charged as a **percentage of the funded amount per month**. Rates vary based on the provider, bank, amount, and duration.

Typical Market Rates:

• Low-end: 2.4% – 3% per month (for large amounts or longer durations with premium partners)
• Average: 3% – 3.5% per month
• Higher end: 4% – 5% per month (smaller amounts or certain banks)

At POF NG, we offer some of the **most competitive rates** in the market through our strong partnerships. Our pricing is transparent and tailored to your specific needs.

Cost Examples for UK & Canada Visas

UK Student Visa (Typical Requirement: £10,000 – £20,000+ equivalent)

• ₦15 Million POF: ₦450,000 – ₦600,000 for 1 month
• ₦30 Million POF: ₦750,000 – ₦1,050,000 for 1 month

Canada Study Permit (Typical: CAD $40,000 – $55,000+ equivalent, roughly ₦40M – ₦60M+)

• ₦40 Million POF: ₦1,000,000 – ₦1,400,000 for 1–2 months
• ₦60 Million POF: ₦1,500,000 – ₦2,100,000 for 1–2 months

Express Entry / Family Applications: Higher amounts attract better rates (sometimes as low as 2.9% for 2+ months when paid upfront). Note: Many providers offer discounts for longer durations or larger amounts. Renewal/extension costs are usually lower than the initial fee.

Factors That Affect the Cost of POF

1. Amount Needed: Larger amounts often qualify for lower percentage rates.
2. Duration: UK usually requires 28+ days; Canada prefers 4–6 months history — longer periods may cost more but offer better rates.
3. Bank Chosen: Premium banks like GTB, Zenith, or Access may have slightly different pricing.
4. New vs Existing Account: Existing accounts are often cheaper and faster.
5. Provider Reputation: Cheap rates from unreliable sources can lead to poor documentation and visa refusal.