Blocked Account for Germany

A blocked account is basically a proof of payment that shows you will be able to support your own living expenses while in Germany. The money is ‘blocked’ until you have arrived in Germany. To release the funds, all you have to do is show a proof of address and or enrolment. They will then be deposited monthly into your own German bank account that is accessible for your living expenses.

No, you cannot. You cannot use your Blocked Account to pay your monthly rent or other daily expenses. The Blocked Account is not available for any transfers or payments except for the monthly disbursement to your German Current Account. This is the case because the Blocked Account’s sole purpose is to secure the living costs of a foreign student while studying in Germany.

Yes. The provider’s set-up and monthly fees come on top of the blocked amount the visa requires. Expatrio asks you to transfer its fees together with the blocked amount; Fintiba charges a one-time set-up fee and then a monthly fee once your deposit arrives. Fees change, so check the provider’s current fee page before you transfer.

For a student visa, the German embassy in India and its smaller offices now ask for €11,904 for one year. That is €992 for each month.

No. We do not charge you for this help. You pay only the fees of the company that opens your account.