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What is a Blocked Account
Introduction
Germany is renowned for its top-tier education system and vibrant culture, making it a sought-after destination for international students. However, one of the essential steps in your journey to studying in Germany is securing a blocked account. This article will explore what a blocked account is, why it’s necessary, and how our company can assist you in every step of the process—from securing a university admission to setting up your blocked account.
What is a Blocked Account?
A blocked account, or Sperrkonto in German, is a special type of bank account that international students must open to demonstrate they have sufficient financial resources to live in Germany while studying. It acts as proof to German authorities that you can cover your living expenses during your studies.
The blocked account ensures you have a minimum amount of money available to you each month. As of 2024, the required amount is €11,208 per year, which means €934 must be accessible each month. This requirement is set by the German government to cover your basic living costs, including rent, food, insurance, and other personal expenses.
What Does the Blocked Account Cover?
The blocked account is designed to cover essential living expenses while you’re studying in Germany. Here’s what it typically includes:
- Rent: Accommodation costs in Germany vary by city, but the blocked account ensures you have enough to pay your monthly rent.
- Health Insurance: Health insurance is mandatory in Germany, and a portion of your blocked account will go towards this essential coverage.
- Food and Groceries: The monthly allowance includes enough to cover your basic food and grocery needs.
- Transportation: Whether it’s public transport or occasional travel, your blocked account can help cover these costs.
- Personal Expenses: This includes everything from mobile phone bills to leisure activities, ensuring a balanced student life.
Current Blocked Account Fee
Opening and maintaining a blocked account involves certain fees, which vary depending on the provider you choose. As of 2024, these are the general costs you can expect:
- Initial Setup Fee: This can range from €50 to €150, depending on the bank or service provider.
- Monthly Maintenance Fee: Expect to pay around €5 to €10 per month for account maintenance.
- Additional Charges: Some providers may charge fees for additional services, such as customer support in your language or faster processing times.
How Our Company Can Help You
Navigating the process of securing a blocked account and university admission in Germany can be overwhelming, but that’s where we come in. Our company offers comprehensive support to make your journey as smooth and stress-free as possible. Here’s how we can help:
- University Admission Assistance:
- We help you identify and apply to the best universities in Germany that match your academic profile and career aspirations.
- Our team assists you in preparing all necessary documents, ensuring a higher chance of acceptance.
- Blocked Account Setup:
- We guide you through the process of choosing the best provider for your blocked account, considering fees, services, and reliability.
- Our experts assist with the application process, ensuring your account is set up correctly and on time.
- Visa Application Support:
- Once your blocked account is in place, we provide step-by-step guidance on applying for your German student visa.
- We ensure that you meet all the visa requirements and help you prepare for your embassy appointment.
- Ongoing Support:
- Even after you arrive in Germany, we continue to provide support, from finding accommodation to understanding your health insurance options.
Why Choose Us?
- Expertise: Our team has years of experience helping students successfully navigate the complexities of studying in Germany.
- Personalized Service: We understand that every student is unique, so we tailor our services to meet your specific needs.
- End-to-End Assistance: From university admission to setting up your blocked account and beyond, we’re with you every step of the way.
Ready to Start Your Journey?
Studying in Germany is an exciting opportunity, and securing a blocked account is a crucial part of that journey. With our expert guidance, you can focus on your studies and your new life in Germany, knowing that we’ve got the details covered. Are you ready to take your journey to the next level ! Fill in this Form .