Legal background information about German Blocked Account
The Expatrio Blocked Account fully complies with the applicable immigration law
The German Federal Foreign Office thoroughly assessed the Expatrio Blocked Account and approved it as a proof of financial means during the visa application process.
The Expatrio Blocked Account is therefore approved by the highest instances and complies with all laws, provisions, treaties and requirements of the German authorities in visa applications and residence permits. This includes especially, but is not limited to, § 2 (3) Residence Act (AufenthG) and 22.214.171.124 Administrative Order of the Residence Act (VwV-AufenthG). The monthly Blocked Amount is regularly €853 (€10,236 per year) which is specified in the §§ 13 and 13a (1) Federal Training Assistance Act (Bundesausbildungsförderungsgesetzes - BAföG) for students at secondary schools and universities in Germany.
Here is what will be written on the "Blocking Confirmation":
The Blocked Amount of €__________ and the Additional Basic Sum of €__________ are blocked in favor of the Federal Republic of Germany respectively the local authority to which the foreigners office is assigned (“Blocking Beneficiary”), that has jurisdiction for the current place of residence of the account holder – or if the account holder has moved from Germany – to his/her last place of residence in Germany represented by the foreign office.
The account holder will be able to dispose of a monthly amount of up to €______ over a Blocking Period of ___ months after the visa start date. This amount will be disbursed to his/her current bank account on a monthly basis in accordance with the disbursement plan as required by the Blocking Beneficiary. The Additional Basic Sum of €__________ will remain blocked till the termination of the Blocked Account.