How to Open a Blocked Account: A Step-by-Step Process
Opening a blocked account may seem daunting, especially considering the options provided by online platforms and traditional banks.
By following these steps, you can navigate the process smoothly. The exact procedure can vary slightly depending on the provider you choose, but the general steps are similar:
- Confirm the Required Amount and Provider Acceptance: Before you start, double-check that the German embassy or consulate in your home country accepts the exact amount you need to deposit and which blocked account providers accept. This information is usually available on their website.
- Choose Your Provider: Select a blocked account provider from the list of accepted options (e.g., Edubao, Fintiba, Expatrio, Coracle, a local German bank if applicable).
- Start the Application Process:
- Online Providers: Visit the provider’s website and fill out the online application form. You will typically need your valid passport and sometimes your university admission letter (if applicable).
- Traditional Banks (if applying from abroad): This might involve downloading an application form, filling it out, getting it certified by the German embassy, and sending it by mail. This process is generally slower and less common now.
- Submit Required Documents: Upload scanned copies of your passport and any other documents requested by the provider. Ensure the scans are clear and legible.
- Wait for Account Opening Confirmation: The provider will review your application. Online providers often open the account within a few hours to a couple of days. They will then send you the account details (IBAN and BIC/SWIFT code) for your blocked account.
- Transfer the Funds: Once you have the account details, transfer the full required blocked amount (plus any provider fees and potential bank transfer charges) into the account. You can usually do this via an international bank transfer from your home country bank or through specialised money transfer services. Keep a copy of the transfer receipt.
- Receive the Blocking Confirmation Document: After the funds arrive in your blocked account (which can take a few days depending on international transfer times), the provider will issue an official “Blocking Confirmation” document (Sperrbestätigung). This is the crucial document you need for your visa application.
- Submit the Blocking Confirmation with Your Visa Application: When you apply for your German visa at the embassy or consulate, include this blocking confirmation document, mandatory travel and health insurance, along with your other required documents.