Are you thinking about moving to Germany to study or work?
Simply put, it is a special bank account required by the German authorities to prove that you have enough money to support yourself while in the country. Before you start the move, you will need to deposit 11,208 euros into a German bank account. This amount will be "reserved" or frozen until you arrive. Upon arrival, you can only withdraw 934 euros monthly to cover your living expenses. That's why it's called a "blocked account" or "Sperrkonto" in German.
Anyone from countries outside the European Union or the Schengen Area applying for certain types of German visas, such as:
- Student visa
- Job seeker visa
- Training visa or industrial certificate
- Domestic worker visa
- Visa for recognition of foreign qualifications
- Visa for language learning
No need to search for assistance in opening your block bank account in Germany!
As a verified member of Germany Assist, you have access to this essential service for free through our trusted partners:
For non-members of Germany Assist, good news awaits you!
You can now get a free blocked bank account in Germany by clicking the link below. This special offer is provided by our partner, Expatrio, exclusively for our students and readers. In addition, we are here to assist you with any technical support you may need and to follow up with Expatrio on your behalf. Don't miss this opportunity! Click here to get started now!
https://www.x-patrio.com/?ref=hadisoufan
If you are interested in using Fintiba, simply click on the following link. We will be there to assist you with any technical issues you may encounter and ensure regular follow-ups with Fintiba if you need additional assistance. Click here to get started and enjoy peace of mind knowing that we are here to help you every step of the way!
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http://partner.fintiba.com/Germany-assist
Here is a simplified guide on how to open a closed bank account in Germany for entry visa to Germany or permanent residence:
- Preparation: Find out from the German embassy the amount of money you need to transfer. It is essential to confirm this before sending any funds.
- Account setup: Choose a provider and start the process of opening your closed account. If you are a member of Germany Assist, you will get access to this service for free. Otherwise, you may need to fill out an application and send it by mail through the German embassy if you are not in Germany.
- Waiting: Be patient while your request is being processed.
- Money Transfer: Once your account is ready, transfer the required funds. The service provider will provide you with the necessary transfer details, which can be done through an international bank or money transfer service/app. It usually takes about 3-5 days for the transfer to be completed.
- Confirmation: After the transfer is complete, you will receive a confirmation message from your bank. This message is important and must be presented to the German embassy.
- Waiting for the visa: Submit your visa application with the confirmation letter. Then, wait for the processing of your visa. Once approved, you will receive a national D visa, allowing you to enter Germany.
Upon your arrival in Germany, there are basic steps you must take:
- Applying for a German residence permit: Within three months of your arrival in Germany, it is necessary to apply for a residence permit at the Foreigners' Office (Ausländerbehörde).
- Activating the closed bank account in Germany: Once you have obtained your residence permit, it's time to activate the closed bank account. You will either need to visit the bank in person with the required documents or submit them online through the service provider's website if you have one. If you are a member of Germany Assist, rest assured, we will smoothly manage the entire process from start to finish.
Once your closed bank account in Germany is activated, you will start receiving a monthly transfer to your current account. In addition, you will also need to open a current account in a German bank. You have the option of using the same bank where your closed account is, or choosing a different bank.
However, if you decide to open your current account after arriving in Germany, you will need a residence permit to continue. This means that you will not have access to the funds in the closed bank account until you obtain the residence permit. Therefore, we recommend carrying extra funds to cover your initial expenses for the first few weeks in Germany.
When applying for a closed bank account in Germany, you will need to gather the following documents:
- Passport: A copy of your passport is required for identification purposes.
- Proof of Funds: Some providers may request bank statements to clarify the source of your funds.
- Application Form: Fill out the application form with your personal details. This can usually be done online or on paper, depending on the service provider.
- Proof of acceptance to the university: If you are heading to a German university, you will need to provide proof of your acceptance.
- Identity card: Finally, make sure you have your identity card for verification purposes.
Activating your blocked bank account is a crucial step, and here's how to do it:
- Register your address: First and foremost, make sure you have registered your address in Germany and obtained the registration certificate (Anmeldung). This stage is essential for opening a current account.
- Opening a current account: To activate your blocked account, you must first open a current account in Germany. This involves registering your address and obtaining the registration certificate in advance. You cannot access your money until the current account is opened.
- Required documents: When activating your account, be prepared to provide the following documents:
- Proof of residential registration in Germany, such as a rental contract or registration certificate from the municipal office (Anmeldung).
- Proof of your current account.
- Your passport with entry stamp.
- Your residence in Germany (if required, as some banks may request it).
Bank visit: If dealing directly with a bank, you may need to visit the bank in person to complete the activation process. Make sure to bring your residence permit, address registration documents, and any other required documents.
When it comes to opening a closed bank account to obtain a German visa, the cost usually ranges from 49 euros to 89 euros, depending on the provider you choose.
But there is great news for Germany Assist members! Here's what you'll get when you join us as a member:
- Open a free account: As a member, you can open your blocked account with our partners completely free of charge. In addition, we will take care of all the procedures, making the process smooth and hassle-free for you.
- Exclusive Discounts: Enjoy access to a range of discounts, with offers for moving to Germany with discounts of up to 20% alongside discounts of up to 90% only on our platform.
- Strong Community: Get access to an active community full of valuable resources. Whether you are a student, graduate, or job seeker, you will find everything you need to know about moving to Germany. Where you can benefit from knowledge and experiences with individuals from different cultures around the world.
- Secure and risk-free membership: with a full money-back guarantee within 7 days, you can cancel any offer during the first week without any questions asked.
Join Germany Assist membership to open a free account and benefit from exclusive advantages. Click here to subscribe now!