What is a blocked bank account and what do I need it for?
These accounts tend to be required to obtain a study visa, and come with certain restrictions that make them different to standard accounts. For instance, withdrawals are "programmed" in advance, and you can't use blocked accounts as simple checking accounts.
This might sound like a bad thing, but it's actually very practical. When coupled with low-cost checking accounts, blocked accounts offer stable sources of finance for students and make accessing German higher education simpler.
If there are any doubts about how to start your account, our step-by-step guide will make everything crystal clear.
How much money do I need to study in Germany?
Blocked accounts provide evidence that you have enough money to study in Germany, and represent a minimum amount required.
The amount needed is usually represented as 720 EUR per month. For a one year blocked account, this works out at 8, 700 EUR. So that's the amount to aim for.
Our pages on blocked accounts will provide all you need to know about this crucial financial tool.
When you have the right amount, or if you need to find out more, head to our website and open your blocked account right now with Expatrio.