For whom is a blocked account interesting?
A blocked account is an account specially designed for students and other visitors from outside the EU. The Blocked Account is often an important prerequisite for obtaining a student visa in addition to health insurance.
What is a Blocked Account?
If you apply for a visa or residence permit in Germany, a blocked account serves as proof of financing. The blocked account is not freely accessible to the holder. The holder must pay a legally stipulated minimum contribution to the blocked account in his/her home country. A certain amount of this credit is then available to him/her in Germany on a monthly basis.
How much is the blocked account:
A one-time setup fee of € 49 is charged for opening the account. In addition, there are monthly costs of € 5, which are charged for account management.
You can apply for the blocked account directly online.