Moving to Germany is an exciting step – but we know that managing your blocked account smoothly and securely is just as important as planning your studies. That’s why we’re happy to share that all new Fintiba blocked accounts are now opened with our trusted partner, Frankfurt International Bank (FIB).
No worries – nothing changes in how you use your account. You still manage everything through your Fintiba app, just as you always have. What has changed, however, is what happens behind the scenes – and that means a better experience for you.
Who is FIB?
The Frankfurt International Bank, or FIB for short, is a fully licensed German bank and a trusted sister company of Fintiba. FIB specialises in two core areas: small ticket export financing, helping businesses grow in international markets, and essential banking services for international students coming to Germany.
Located in Frankfurt am Main, FIB operates from the same building as Fintiba, ensuring a strong, close-knit connection. This partnership guarantees the same reliability and quality of service you’ve come to expect from Fintiba.
What’s New for You?
✅ Faster international transfers – With FIB, your money arrives quicker. Whether you’re sending your blocked amount to Germany or receiving a refund, transactions now move faster, saving you valuable time during the visa process.
✅ More stability & reliability – The system behind your blocked account is now even more robust. This means fewer delays, smoother processes, and a hassle-free experience when you need it most.
✅ Quicker refunds in case of visa rejection – In the rare case that your visa is not approved, your money will be refunded back to your original account much faster. One less thing to worry about during an already stressful time.
✅ Future-ready services – Together with FIB, we’re already working on new banking services designed especially for internationals in Germany. This means more helpful tools and products will become available to you in the near future.
Safety First: Your Money is Protected with FIB
We know that safety is a top priority when it comes to your blocked account. That’s why we want to reassure you:
- FIB is a fully licensed German bank, regulated by BaFin – Germany’s strict financial supervisory authority.
- Your deposits are covered by the German Deposit Guarantee Scheme, which protects up to €100,000 per customer.
- All data is handled in line with the European GDPR requirements, ensuring maximum privacy and security for your personal information.
In short: your money and your data are safe with FIB.
What Doesn’t Change
- The process of opening your Fintiba blocked account stays exactly the same.
- You can still receive your blocking confirmation instantly when you transfer via TransferMate with a credit card.
- Your Fintiba app remains the one-stop solution for managing your account and documents.
- Most importantly: this has no impact on your visa or residence permit application.
Open Your Blocked Account with Fintiba
Although studying at a German university involves low tuition fees, visitors from outside the EU must still provide proof of financial resources in order to obtain a German visa. Find out more about our digital solution and open your blocked account completely online in just a few steps.
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