We ease the way through German bureaucracy – you focus on the important: enjoying Germany!
- • Officially approved & accepted worldwide
- • Account in your own name
- • Deposit insured by German law
- • Account opening within less than 10 minutes1
- • Initial fee of € 89.00 - monthly fee of € 4.90
Advantages of the Fintiba Blocked Account
More about Fintiba and our Blocked Account
Tailor-made for international students, language students, job-seekers, apprentices and au-pairs.
We’ve made proving your financial resources for your visa application as easy as it gets. By offering a fully digital process, we accelerate your way to Germany. The app-based solution with step by step guidance guarantees that you never miss an important to-do.
Detailed Information about the Fintiba Blocked Account
Everything you need to know for the opening of a blocked account with Fintiba
What is a blocked account and why do I need it?
A blocked account (Sperrkonto) is a special account that is – in most cases – necessary for your German student visa application and is a precondition when applying for a residence permit in Germany.
If you are an international student, au-pair, language student, apprentice or job seeker who is not from an EU Member State, you must prove that you have the financial resources to pay for your course of studies/stay in Germany as well as for daily life expenses during the time of your stay. It is usually required to provide this so-called ‘Proof of financial resources’ (Finanzierungsnachweis) of at least around € 8,700.00 for a one-year stay in Germany. Besides some other proofs of financial resources, opening a blocked account to deposit a security payment is the most commonly used option.
How is the procedure when opening a blocked account with Fintiba?
- Opening of the account
Upon registering for your blocked account on our website you will get access to an online platform where you can easily manage the details of your account opening. After entering your personal details and verifying your identity, your blocked account is opened and the blocked amount can be transferred to your account. Immediately after the blocking sum has arrived, your blocking confirmation will be issued and you can download it from your Fintiba account. With this document it is now possible to apply for your national visa for Germany.
- Unblocking of the account
After your arrival in Germany, a regular account at a local bank (e.g. Deutsche Bank, Sparkasse, Postbank etc.) needs to be opened so that we can transfer your monthly sum from your blocked account to your current account regularly. Help and advice on where you can open this kind of account can be found in the ‘Current Account’ section of the Fintiba WebApp.
Depending on your passport and nationality you might have to complete an additional step which is the final legitimation in Germany. More information whether you need to complete it or not and how this works can be found here.
Which documents are needed for the account opening?
For the opening of your blocked account you will just need your valid passport. We won’t need any certified documents or any originals that are sent via post.
How long will it take to open the account?
Upon registration for your blocked account, you will directly receive your contact details that confirm that you have registered for a blocked account. As the opening of the account is processed fully online, it will, in most cases, take less than 10 minutes1 to open your blocked account and you have your German IBAN available. However, this mainly depends on how quickly you upload the required documents and information. Please note that we can only verify complete data sets, meaning that every section must be filled out.
What should I consider when opening a blocked account?
Since you will deposit a large amount of money into an account that will be blocked for a certain duration, it is highly important that you open the bank account under your own name and that no third party is involved in this process. At Fintiba you will get access to your personal account that you can access via a web application. Here you can manage everything online and very easily by yourself. And if still a question should arise, we are always there to help!
How much does the blocked account cost?
The initial fee for the blocked account is € 89.00 and the monthly account management fee of € 4.90 will follow.
The payment of the monthly account administrative fees of € 4.90 starts as soon as the money enters your account. We charge the fees for the duration your account remains open.
Therefore, we strongly suggest that you only open your blocked account if you are certain that it is necessary for your visa application.
Here’s what our customers think about our service
Thanks to Fintiba I had this opportunity to apply for visa and to make my dream come true! Now I’m studying in a beautiful country at the faculty of my dreams!
Lilith Melkoumian, Armenia
Great customer service, amazing customer-orientation, superior blocked account service for international students – fast, credible and secure.
Jamshidjon Khakimdjanov, Uzbekistan
I strongly recommend Fintiba to those in a rush. It was so easy and quick to go through all the procedures to open a blocked account.
Kyunghee Kang, South Korea
Really a Good service for students who are in a hurry to open a blocked account
Ahmed Elsalahy, Egypt
Very good service! Opened blocked account in several minutes online!
Anastassiya Pustozerova, Russia
Beste Kunden Service, Jungs Leute die immer Hilfreich und Freundlich. Wünsche ich euch das Beste!!!
Abdelhalim Mohamed Hamid Abdelrahman, Arab Emirates
One of the…. oh no… THE ONLY BEST SERVICE I found online.
Shanaka Ajantha Paththini Hiti Appuhamilage, Sri Lanka
The best company for open a Blocked Account and Health Insurance in Germany.
Google Review from a happy student
Thank you for making this time taking blocked account process way more easier.
Aman Deep Lal, India
I get notification anytime money is paid into my block account, and feedback when I ask questions. Frequent reminder. Good management. Awesome job. Thumbs up Fintiba
Chuka Oscar Oguji, Nigeria
I unreservedly recommend Fintiba to you, enjoy the innovative and delightful experience!
Desmond Bortey Ahia, Ghana
I believe that Fintiba is the best solution for whom are planning to pursue their studies in Germany.
Mohmmad Noor Alshih Ali, Syria
#feelslikehome – International Students in Germany
1 With our new OCR technology, your passport will be verified within minutes and you are ready to transfer your money right away. Please note that Russia (RU), Ukraine (UA), Cuba (CU), Iran (IR), Syria (SY), North Korea (KP) and the region Crimea are at the moment not eligible for this process. Alternative passport verification options are available for those countries which as well ensure a fast blocked account opening.