Blocked Accounts in Germany

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

When do I need a blocked account?

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

Offers

You can open a blocked account online. Some services also offer packages together with health insurance and a regular bank account.

• 5
  Coracle: offers also Prime package with incoming/travel and public health insurance for €59 one-time + monthly health insurance payments
• 5
  Expatrio: offers also Value package package with incoming and public health insurance, current bank account with German account number, ISIC card for €60 one-time + monthly health insurance payments
• 4.5
  Fintiba