What is a Blocked Account
A blocked account is a crucial requirement for international students planning to study in Germany, serving as a financial safety net mandated by German visa regulations. This specialized bank account is specifically designed to demonstrate that students have the necessary financial means to sustain themselves throughout their academic tenure in Germany. By depositing a predetermined amount into the blocked account, typically equivalent to one year's estimated living expenses, students provide tangible proof of their ability to cover costs such as accommodation, food, health insurance, and other daily necessities.
This requirement not only fulfills German immigration laws but also ensures that students are financially secure and independent during their stay, reducing the likelihood of relying on public funds. Moreover, the blocked account system streamlines the visa application process, offering a clear and structured method for both applicants and immigration authorities to verify and document financial readiness. Overall, while initially a regulatory necessity, the blocked account ultimately provides peace of mind and financial stability for international students pursuing their academic goals in Germany.
General Questions
A Blocked Account is a bank account required by the German Authorities as proof of sufficient financial means necessary to receive a German visa. A Blocked Account is essential for international students, language students, au-pairs, job seekers and many people who want to move to Germany. The monthly amount that should be 'blocked' is changed regularly and adjusted to Germany's minimal cost of living. In 2024, the required blocked amount is €934 per month or €11,208 for the whole year.
If you are going to Germany for the long term and need a visa, it is highly likely that you will be asked for a confirmation of your financial resources. To do this, you need to open a Blocked Account and bring the confirmation to the German Authorities in order to apply for the visa. Expatrio can provide you with instant blocked amount confirmation, once the funds are transferred into your account. This confirmation is accepted by all German authorities worldwide.
Yes, the Blocked Account Expatrio provides is accepted by all German authorities worldwide.
You can use any bank or remittance service to transfer the necessary amount to your Blocked Account. Via Expatrio Payment, you can perform a domestic transfer in your own currency in many countries, making the process faster and less expensive. You also have the possibility of transferring in USD or EUR.
You will immediately receive an automatic email confirmation when the funds arrive in your Blocked Account. This confirmation can be brought to your visa appointment as proof of your financial resources.