What is a Blocked Account (Sperrkonto)?
A blocked account, known in German as a Sperrkonto, is a special bank account required by German authorities for non-EU students. It serves as proof of financial resources, confirming that you can cover your living expenses while studying in Germany. The account is “blocked” because you cannot access the full amount at once; instead, you can only withdraw a fixed monthly sum, as stipulated by the German government. This setup ensures students manage their funds responsibly throughout their stay.
Why Do You Need a Blocked Account?
German visa regulations require students from non-EU countries to demonstrate financial stability. The blocked account acts as official evidence that you possess the necessary funds, currently set at €11,208 per year (as of 2024), to cover your living expenses. Without this account, your student visa application will not be approved, making it a mandatory step in your study abroad journey.
Step-by-Step Guide: How to Open a Blocked Account for Students
1. Research and Choose a Provider
Several banks and financial service providers offer blocked accounts for students. Popular options include Deutsche Bank, Expatrio, Fintiba, and Coracle. Compare their fees, processing times, and additional services (such as health insurance or customer support in English) before making your choice.
2. Apply Online
Most providers allow you to open a blocked account online from your home country. You’ll need to fill out an application form with personal details, passport information, and proof of your university admission or language course enrollment in Germany.
3. Submit Required Documents
The required documents typically include:
- Valid passport
- University admission letter or language course enrollment confirmation
- Completed application form
- Proof of address (if required by the provider)
Some banks may request additional documents, so check your chosen provider’s website for specific requirements.
4. Verification Process
Depending on the provider, you may need to complete an identity verification process. This can be done via video call, at a local embassy, or at a certified partner office. Make sure to follow the instructions carefully to avoid any delays.
5. Deposit the Required Amount
Once your application is approved, you will receive your new account details. You must transfer the required minimum amount (currently €11,208 for one year) into the blocked account. Be aware of international transfer fees and the time it may take for the funds to arrive.
6. Receive Confirmation
After the funds are received and the account is set up, your provider will issue a confirmation letter. This official document is essential for your student visa application, so keep it safe and submit it along with your other visa materials.
7. Accessing Your Funds in Germany
Once you arrive in Germany and activate your account, you can withdraw a fixed amount each month (as of 2024, up to €934 per month). This ensures you have steady access to your funds for rent, food, and other living expenses while you focus on your studies and language learning journey with platforms like Talkpal.
Tips for a Smooth Blocked Account Process
- Start the process early, as international transfers and verifications can take several weeks.
- Double-check all documents for accuracy to avoid processing delays.
- Keep all correspondence and confirmation letters safe for your visa application and enrollment process.
- Consider providers that offer additional services, such as health insurance, which is also a visa requirement in Germany.
Common Questions About Blocked Accounts
Can I open a blocked account after arriving in Germany?
It is best to open your blocked account before arriving, as you need the confirmation letter for your visa application. However, if necessary, some banks allow you to finalize the process in person after arrival.
What happens if I need to withdraw more than the monthly limit?
The blocked account is designed to restrict withdrawals to the monthly limit. Exceptions are rare and usually only granted in special circumstances with official approval.
What if my visa is denied?
Most providers have procedures for closing your blocked account and refunding your money if your visa application is unsuccessful. Check your provider’s policy for details on fees and timelines.
Conclusion
Opening a blocked account is an essential step for any non-EU student planning to study or learn German in Germany. By following the steps outlined above and preparing your documents carefully, you can ensure a smooth process and focus on your exciting language learning adventure. For more tips and resources on studying and mastering German, explore the Talkpal AI language learning blog and make your journey to Germany seamless and successful.
