Blocked Accounts in Germany
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A blocked account (Sperrkonto) is a special type of bank account that
- requires you to initially deposit a big sum that will cover your spending for half or a whole year.
- 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
How much do I need to deposit into my blocked account?
As of 2022, you need to deposit €10,332 for a whole year.[1] Then, you can withdraw €861 per month (1/12 of the sum).
Offers
You can open a blocked account online.
All services also offer packages incl. health insurance
- for traveling into Germany (travel or incoming insurance)
- for staying in Germany while studying
Some services also help you in setting up a current bank account (Girokonto).
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)
- 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 €60 one-time (+ monthly public health insurance premiums)
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
- ↑ "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
- ↑ 2.0 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.