Blocked Accounts in Germany

From Expat Wiki
Jump to navigation Jump to search

A blocked account (Sperrkonto) is a special type of bank account that

  1. requires you to initially deposit a big sum that will cover your spending for half or a whole year.
  2. then allows you to withdraw every month a part of it (1/6 or 1/12).

That way, you prove that you have enough funds to sustain yourself while living and studying in Germany.

Questions & Answers[edit]

When do I need a blocked account? [edit]

You need a blocked account if you apply

  • for a study visa
  • for a residence permit as a student (if you come from a country that allows you to enter Germany without a visa)
  • for a jobseeker visa

How much do I need to deposit into my blocked account? [edit]

As of 2022, you need to deposit €10,332 for a year.[1] Then, you can withdraw €861 per month (1/12 of the sum).

Offers[edit]

You can open a blocked account online.

All services also offer packages including health insurance

  • for traveling into Germany (travel or incoming insurance), and
  • for staying in Germany while studying

Some services also help you in setting up a current bank account (Girokonto).

  • 5
    5 stars on Trustpilot for www.coracle.de Coracle[2]: offers also Prime[2] package with
    • incoming/travel health insurance
    • setting up public health insurance
    • for €59 one-time (+ monthly public health insurance premiums)
  • 5
    5 stars on Trustpilot for www.expatrio.com Expatrio[2]: offers also Value package[2] package with
    • incoming/travel health insurance
    • setting up public health insurance
    • setting up a current bank account with German account number
    • ISIC card for 1 year
    • for €60 one-time (+ monthly public health insurance premiums)
  • 4.5
    4.5 stars on Trustpilot for www.fintiba.com Fintiba[2]: offers also Fintiba Plus with
    • incoming/travel health insurance
    • setting up public or private health insurance
    • setting up a current bank account with German account number
    • for €89 initial fee + €4.90 monthly (+ monthly public health insurance premiums)

Notes[edit]

  1. "From 1 January 2021, the presumed annual requirement that must be paid into the blocked account when applying for a visa amounts to 10,332 euros." – source, retrieved 2022-07-27
  2. 2.0 2.1 2.2 2.3 2.4 This is an affiliate link. If you click on it and then buy something or sign up for a service, we may earn a commission which covers our expenses. This does not change the price for you.