Most international students need to open up a blocked account to apply for a student German visa. This is to proof you are able to support financially during your studies in Germany. There are different options to prove your financial ability to study in Germany. Therefore, I will explain about the Blocked Account in this entry. Deutsche Bank is the only bank in Germany providing this service to international students.
What is a Blocked Account?
It is called Blocked Account because the money you transfer into this account is blocked till the day you have arrived in Germany. It is required to have a minimum 8640 Euro in your Blocked Account in one of the German banks and you can only withdraw 720 Euro per month. (Refer to the German Embassy website for the exact amount, it may changed from time to time). It is compulsory to have a Blocked Account beforehand so that you are not facing any financing problem while studying.
How long do I need to open the Blocked Account?
You should apply for the Blocked Account early. Normally, it takes one week to open an account after Deutsche Bank got all your documents. The process may take longer especially in the beginning of the semester due to the high number of applications. Money can be transferred into your Blocked Account immediately after you have received email from Deutsche Bank with the account details. In the meantime, Deutsche Bank will also inform the Embassy about your account.
When should I open a Blocked Account?
You should open a Blocked Account while you are in your own country. Go apply in German Embassy and the best time to apply for a Blocked Account is 1 – 3 weeks before your Visa Application Appointment.
How do I open a Blocked Account?
First step: Download and fill in the Deutsche Bank Blocked Account Application Form via PC.
Second step: Provide the documents required as instructed in the form. The documents are:
- the filled Form via PC
- Bank Statement with 8640 Euro
- University Admission Letter
- Passport Copy (Black & White)
- Prepaid Envelope (FedEX, DHL or UPS only)
Third step: Open a FedEX account to get the prepaid envelope. You can walk-in to the FedEX Service Centers and they will assist you.
Forth step: Bring all the documents to German Embassy for them to certify all your documents. Also, write down the following address on the prepaid envelope:
Privat- und Geschäftskunden AG Alter Wall 53
German Embassy will charge 20 Euro to open the Blocked Account. (Must pay in local currency and by cash only).
How to activate my Blocked Account?
Visit one of the Deutsche Bank branch nearby your university when you have arrived in Germany. Please bring along your passport and Registered Address Confirmation Letter or “Anmeldebestätigung” from Immigration Office with you to activate your Blocked Account. You can find your nearest Deutsche Bank branch here.
You can find more information in Deutsche Bank Blocked Account website. Comment down below if you have any query!