Blocked Account Setup Guidance // Updated title
Expert guidance to help you choose and set up the right blocked account (e.g., for Germany) or meet similar financial proof requirements for your visa.
What is a Blocked Account?
Understanding the blocked account requirement (e.g., German Sperrkonto) for international students and visa applicants.
Visa Requirement
A blocked account serves as mandatory proof of financial resources for German student visa and certain residence permit applications.
Required Amount
The amount varies by country (e.g., Germany currently requires €11,604/year) to demonstrate self-support ability.
Monthly Disbursements
Your funds are securely held and released to you in monthly installments after you arrive in Germany and verify your identity.
Blocking Confirmation
After opening your account and transferring funds, you'll receive a blocking confirmation document required for your visa application.
Safety & Security
Your funds are held in a secure account with German banking standards, giving you peace of mind about the safety of your money.
Local Bank Account
You'll typically need a separate local bank account in the host country to receive your monthly allowance.
Blocked Account Providers (Example: Germany)
Compare major blocked account providers if you are applying to Germany.
| Feature | Coracle Recommended | Expatrio | Fintiba |
|---|---|---|---|
| Account Opening Time | 2-3 Hours | 1 Business Day | 1 Business Day |
| Account Setup Fee | €99 (€59 with PRIME package) | €69 (with cashback options) | €89 |
| Monthly Maintenance Fee | None | €5 | €4.90 |
| Blocking Confirmation | Same-day after funds receipt | Instant | 1-2 days (up to 2 weeks in some cases) |
| Multiple Transfers | Up to 3 transactions | Yes | Only as exception |
| Customer Support | Excellent | Good | Good |
| Additional Services | Insurance, 7 country-specific communities | Insurance, German bank account, ISIC card | Insurance, in-person support |
| Emergency Support | 24/7 | Business hours | Business hours |
Choosing the right blocked account provider depends on your specific needs, timeline, and country of origin. Our experts can help you select the best option for your situation.
Why Choose Our Assistance
Get expert guidance throughout your blocked account setup process.
Personalized Recommendations
We'll assess your specific situation, timeline, and needs to recommend the most suitable blocked account provider for your case. Different providers have different strengths depending on your country of origin and circumstances.
Step-by-Step Guidance
Our team will guide you through the entire process from selecting a provider to opening the account, transferring funds, and obtaining your blocking confirmation for your visa application.
Problem Resolution
If you encounter any issues during the account opening process, our team will help you resolve them quickly. We have direct contacts with account providers to expedite solutions to common problems.
Verified Expertise
Our team has helped hundreds of students successfully set up their blocked accounts for Germany. We stay updated with the latest requirements, processes, and best practices to ensure a smooth experience.
Blocked Account FAQs
Everything you need to know about setting up a blocked account for Germany.
Ready to Get Started?
Our experts will help you set up the right blocked account for your German visa application.