Study/Job Search Visa - Block Account in Germany

Usually, this must be a Blocked Bank Account. Applying for a German student visa, language visa, Aupair or job-seeker visa, you must submit a document to the German Embassy/Consulate.

Block Account serves as your financial proof (Finanzierungsnachweis). 

A blocked account is a special bank account required by German authorities to demonstrate financial stability for international students or job-seekers applying for a German visa. Countries citizen exempted from block "Citizens from the European Union and Schengen state".

Minimum deposit of €11,208 required for Study Visa, 10% raise in price for Training or apprenticeship & Language acquisition visa. This amount is a accumulation of 12 months with €11,208 as €934/month and 10% raised  €12,328.8 as €1,027.4/month.

Its an online account offered by service provider/bank, only open account with them which is recognize by embassy. You can withdraw money only if your visa get rejected with rejection proof you can withdraw money from block account, otherwise this monthly usage account once you are in Germany month amount will be withdrawn like €934/month or €1,027.4/month respectively depend on visa type and submission. Any excess amount also withdrawn, usually you don't need this account in 2nd year of education but if you want to continue this account you can do it by depositing funds.

Bank offer a current account which will be attached with your block account, it can only happen once you are in Germany, and then you can withdraw funds, also with minimum monthly funds you can add travel health insurance depending block account company offer it.

Companies offer Block Account 

Accepted by Embassy:

Fintiba: Processing fee €89 monthly fee €4.90, 3-5 days opening & transaction time, health insurance available

Expatrio: Processing fee €49 monthly fee €5, 3-5 days opening & transaction time, health insurance available

Coracle: Processing fee €59, 3-5 days opening & transaction time, health insurance available

Drop Money: Processing fee €45 monthly fee €5, 3-5 days opening & transaction time, health insurance available

How to Setup/Apply Block Account:

Required Document: ID Card ,Passport, Bank Statement proof of money, Application to submit.

German Embassy or Consulate how much money needed by you.

1. Open a blocked account with the provider of your choice. Remember that you can open an account online if you work with an intermediary, such as Expatrio. If you work directly with a bank, you must submit a paper application, likely by mail via the German Embassy if you are not in Germany.
2. Wait for the application to process.
3. Transfer the money. Your provider will send you the IBAN and give you the necessary instructions on how you can make the transfer. You can transfer through a bank or an international money transfer service/app. This will take approximately 3-5 days.
4. Get the confirmation letter from the bank. Once your transfer is complete, your provider will send you the Confirmation Document for a Blocked Bank Account. This is the document that you need to submit to the German Embassy.
5. Wait to receive the visa. You must wait for the visa to process once you submit the confirmation and the rest of the documents. You will receive a National D Visa, which lets you gain entry to Germany.

Now You are in Germany, you have to:

1. Apply for a German residence permit. Within three months of entering Germany, you must apply for a residence permit at the Ausländerbehörde.
2. Once you have the residence permit, you can activate your blocked account. The process for activating your reserved account changes depending on the provider, but you either have to go to the bank directly with a set of documents or upload them to the provider’s website (if you are working with an intermediary company).
3. Once activated, you will receive a monthly transfer from the blocked account to your current account. You also have to open a current account in a German bank – you could use the same bank or another one.