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Opening a blocked bank account (Sperrkonto) for students

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With a blocked bank account you can provide evidence during the visa application process that you have adequate financial resources.

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With a blocked bank account you can provide evidence during the visa application process that you have adequate financial resources. You have free choice of provider. It is important that the following conditions are met:

  • The blocked account must have sufficient credit in order to cover the costs arising for the duration of your planned stay in Germany, unless other proof of financial support is presented in the visa procedure. Certain standard rates apply (for students, the presumed annual requirement that must be paid into the blocked account is currently 8640 euros).
  • The account may only permit the withdrawal of a certain amount per month (currently 720 euros for students).
  • The blocked account may only be closed with the consent of the blocked account beneficiary. The blocked account beneficiary is either the mission abroad or the competent foreigners authority. A blocking notice therefore only ensures that sufficient funds to cover living expenses are always available. It does not entitle the blocked account beneficiary to withdraw money from the blocked account.

Unfortunately in Rwanda currently no bank is offering this service meeting the visa requirement (as far as the German Embassy is informed).  

To the best of our knowledge, the following providers currently offer blocked accounts throughout Germany (listed in alphabetical order):


Deutsche Bank
Fintiba

X-Patrio


It may also be possible to open a blocked bank account with a bank in the town or city where you will be studying. To find out, contact your university or language school or the local bank directly.

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