How much money should I have in my blocked account Germany?

If your documents are in order, the bank sets up a blocked account for you. This costs a one-time fee of 50-150 euros. As soon as your account is ready, you have to deposit at least 10,332 euros into it.

What is blocked account Germany for job seeker visa?

A Blocked Account is one of the ways you can use to give “proof of financial resources” when applying for a Germany Visa. It is a specific type of bank account, in which students can deposit the required amount of money for a student visa. As of 2020, the yearly amount is a minimum of €10,332 or €861 per month.

Can I go to Germany without blocked account?

If you are studying for a shorter period and need a blocked account for a German language course or Job Seeker Visa, then you need to open an account with the amount equivalent to the number of months you plan to stay in Germany.

What happens if a bank account is blocked?

When a bank blocks your account, it means there may be a problem with your account or someone has a judgment against you to collect an unpaid debt. But the account freeze prevents any withdrawal or transfer from happening. Thus, everything that is deposited into the account during this period remains unchanged.

What is the blocked amount?

The blocked amount ensures you do not “zero out” your account, preventing you from paying the monthly maintenance fee. In other words, the blocked amount acts as a reserve in case your bank account does not have a sufficient balance to debit the monthly maintenance fee.

What is a blocked account for Germany visa?

A Blocked Account is one of the ways you can use to give “proof of financial resources” when applying for a Germany Visa. It is a specific type of bank account, in which students can deposit the required amount of money for a student visa. As of 2020, the yearly amount is a minimum of €10,332 or €861 per month.

Do I need a blocked bank account to study in Germany?

No, you do not need a Blocked Bank Account. You need to show the bank guarantee that the bank finance you, during your stay in Germany You need a blocked bank account. Before you apply for a student visa you should open a blocked bank account then present the proof to the embassy with a minimum of 10,332 euros.

What is proof of financial resources for student visa in Germany?

Proof of financial resources is an important condition to get your student visa and your study residence permit. Read this article for detailed information about opening a blocked bank account in Germany. What is a Blocked Account? Is It Possible to Study in Germany Without a Blocked Account? How to Open a Blocked Bank Account in Germany?

What is the German blocked bank account (sperrkonto)?

The German blocked bank account (Sperrkonto) is designed to serve international students and job-seekers as proof of financial resources for living in Germany for a year and is a requirement when applying for a German student visa or a student residence permit.