Can I open my German Blocked Account online?
Nowadays, it's relatively simple to apply for a Blocked Account online via providers like Expatrio, who make the process simple and quick. Here's a brief outline of the steps required:
1. Open your Blocked Account
You can do this quickly, cheaply, and securely on the Expatrio Blocked Account service page by providing basic information about your status, nationality and age.
2. Provide identification documents
Generally speaking, applicants will need to provide the following information with ID and by filling out the relevant forms: their name, age, current address, and a scan of their passport. When this information has been provided, their application will be approved, and a Blocked Account will be set up in the applicant's name.
3. Deposit the right amount of money
When the account has been set up, individuals are free to deposit the required amounts. Typically, a German Blocked Account amount will be €861 multiplied by the number of months the applicant is due to stay in Germany. For one year it would be €10,332.
4. Receive a confirmation email from Expatrio
Expatrio will send you an official confirmation of your account and fund deposit the next day at the latest.
5. Attend an embassy or consulate
The final step is to visit a consulate or embassy to present proof of financial support. When that's done, you should be granted the required visa or permit, and you're free to start your German adventure.
6. Get access to your money by opening a Bank account
You can then open a secondary student bank account in Germany, to which you can have money from your Blocked Account transferred so that you can access it as you need. Find more information on our opening a Current Bank Account page.
How do I open a Blocked Account at Expatrio?
There are relatively few certified online Blocked Account providers, and Expatrio is one of the most popular. Expatrio provides a simple online portal to start the application process and keeps setup fees as low as possible.
This is one of the best things about applying online for your Blocked Account. Digital provider Expatrio charges far less than traditional banks like Deutsche Bank. In Expatrio's case, there is a setup fee of €49, followed by Blocked Account charges of €5/month. Find out more and begin the process of opening your Blocked Account today on our Blocked Accounts service page.