Understanding and Securing a Blocked Account for Studying in Germany

One of the most important requirements for international students planning to study in Germany is proving that they can financially support themselves during their stay. This is done through a blocked account (Sperrkonto), a special type of bank account designed to ensure that students have enough money to cover their living expenses. Securing a blocked account is a critical step in the visa application process, and understanding how it works is essential for students preparing to study in Germany.

This blog will guide you through everything you need to know about securing a blocked account, from how it works to the steps required to open one. We’ll also address common questions and provide tips on managing your account while studying in Germany.

1. What is a Blocked Account (Sperrkonto)?

A blocked account is a special type of bank account that is created specifically for international students studying in Germany. The funds deposited into this account are "blocked," meaning they cannot be accessed freely until you are in Germany and able to withdraw a set monthly amount. This ensures that students have enough money to cover their living expenses without the risk of spending all their funds upfront.

Germany requires that international students demonstrate financial stability before obtaining a student visa or residence permit. The blocked account serves as proof that you have the necessary funds to live and study in Germany.

a. The Minimum Required Amount

As of 2024, the minimum required amount for a blocked account is €10,236 for one year of study. This amount is considered sufficient to cover basic living expenses in Germany, including:

• Accommodation

• Food

• Transportation

• Health insurance

The German authorities require that students have access to approximately €853 per month, which is the official living expense estimate for international students.

b. How the Blocked Account Works

Once you deposit the required amount into the blocked account, you cannot access the funds all at once. Instead, the bank will allow you to withdraw a set monthly allowance of €853. This ensures that you have enough funds for your entire stay. You can usually access this money via ATM withdrawals, bank transfers, or debit cards provided by the bank.

The blocked account does not earn interest, and the money in it cannot be used for anything other than living expenses. The amount deposited must remain in the account until the end of your studies.

2. How to Open a Blocked Account

Opening a blocked account is a straightforward process, but it involves some specific steps. Here’s a step-by-step guide to help you understand how to secure a blocked account for your studies in Germany:

a. Choose the Right Bank

Several German banks offer blocked accounts for international students. Some of the most popular options include:

• Deutsche Bank

• Fintiba

• Coracle

• Expatrio

You can open your blocked account with a German bank or choose online services like Fintiba and Expatrio. These online platforms allow you to open a blocked account before you even arrive in Germany, making the process faster and more convenient. Compare the services, fees, and additional benefits like insurance or visa assistance before choosing the provider.

b. Gather the Necessary Documents

Before you can open a blocked account, you’ll need to provide several documents to verify your identity and eligibility. Generally, you will need the following:

• Valid Passport

• University Acceptance Letter

• Proof of Health Insurance

• Proof of Financial Resources (This is often shown via bank statements)

These documents can typically be uploaded online if you are using an online service provider. For in-person visits to the bank, you may need to present physical copies of the documents.

c. Deposit the Required Funds

Once your documents are verified, you will need to deposit the required amount (minimum €10,236) into your blocked account. You can transfer this money from your home country’s bank account or an international bank account. Some providers allow partial payments, but the total amount must be transferred before you can proceed with the application.

Make sure the deposit is made in a timely manner, as delays could affect your visa application process.

d. Activate the Account

After the required funds are deposited, your account will be activated, and you will receive the details on how to access your funds. This includes information on how to withdraw the monthly allowance and manage the account while you are in Germany.

3. Common Questions and Concerns about Blocked Accounts

Here are answers to some common questions about blocked accounts for international students:

a. Can I Use My Blocked Account for Tuition Fees?

No, the blocked account is specifically for living expenses. Tuition fees are usually paid directly to the university and are not covered by the blocked account.

b. Can I Add More Money to the Blocked Account Later?

Generally, once the required amount has been deposited, additional funds cannot be added to the blocked account. However, once you arrive in Germany, you can open a regular bank account and deposit more money there.

c. Can I Access the Entire Amount at Once?

No, you cannot access all the money in your blocked account at once. You are only allowed to withdraw a set monthly allowance of €853. The remaining funds will be available for future withdrawals.

d. What Happens if I Don’t Use All the Money in the Blocked Account?

If you don’t use all the funds in your blocked account, the remaining balance will stay in the account. After completing your studies, you can request to have the remaining funds returned, often to your home country’s bank account.

4. Final Thoughts

The blocked account is a crucial part of the student visa process for international students in Germany, as it ensures that you have enough financial resources to support yourself during your studies. Although the process may seem a bit complex, it is straightforward once you understand the steps involved.

By securing a blocked account, you can demonstrate to the German government that you are financially stable, meet the visa requirements, and avoid financial stress while studying. The €10,236 required for living expenses is a reasonable amount for most students, and with careful budgeting, it’s possible to live comfortably in Germany.

Germany’s affordable tuition fees, combined with the blocked account system, make it one of the most attractive destinations for international students seeking quality education at a low cost. By starting the process early, securing your blocked account, and carefully managing your finances, you can focus on making the most of your academic experience in Germany.

So, start the application process now, secure your blocked account, and prepare for a successful academic journey in one of Europe’s most innovative and student-friendly countries.