Pirus Consultancy

Planning a trip to Germany? If you're a non-EU student or a foreigner needing a visa, setting up a blocked account is an essential step. A blocked account, or "Sperrkonto," is a special bank account that ensures you have enough funds to support yourself during your stay. Here’s how to set it up easily.

Step 1: Choose the Right Bank Start by researching banks that offer blocked accounts for international students or travelers. Look for banks with good customer service and low fees. Popular options include Deutsche Bank, Fintiba, and Expatrio.

Step 2: Gather Necessary Documents Before you visit the bank, make sure you have all required documents ready. Typically, you will need:

A valid passport
Your admission letter from a German university (if applicable)
Proof of health insurance
A completed application form from the bank

Step 3: Visit the Bank or Apply Online Depending on the bank, you may be able to set up your blocked account online. If you prefer to visit in person, make an appointment to avoid long wait times. Bring all your documents and ask the bank representative any questions you might have.

Step 4: Deposit the Required Amount The minimum amount you need to deposit usually ranges from €10,236 to €11,208, depending on your duration of stay. Make sure you have this amount ready to deposit. The bank will block this amount, allowing you to withdraw a fixed sum each month.

Step 5: Receive Your Confirmation Once your account is set up, the bank will provide you with a confirmation letter. This document is crucial for your visa application, so keep it safe!

Step 6: Use Your Account Wisely After setting up your blocked account, remember to manage your withdrawals carefully. You can typically withdraw around €861 per month, which should cover your living expenses.

Tips for Success:

Start the process early to avoid delays with your visa application.
Keep copies of all documents submitted to the bank.
Stay informed about any changes in regulations regarding blocked accounts.

Setting up a blocked account may seem daunting, but following these steps will make the process smooth and straightforward. Enjoy your travels in Germany!