Your Trusted Guide to German Blocked Accounts

Compare and secure the best German blocked accounts for the Arab students and expats, make informed decisions with comprehensive, up-to-date comparison.

Introduction

German blocked account

A German blocked account secures proof of financial resources for visas and residency permits.

What is a german blocked account?

A German blocked account is a special type of bank account required for international students and job seekers in Germany. It shows that you have enough financial resources to support yourself during your stay.

Ensures financial stability

Required by German authorities

Necessary for visa applications

Why do we need a blocked account?

A blocked account is essential for proving that you can financially sustain yourself while studying or living in Germany. It guarantees to the German government that you won’t become a financial burden on the state.

Essential for student visas

Demonstrates financial security

Complies with immigration rules

How to apply for a blocked account?

Applying for a blocked account involves selecting a recognized provider, submitting the necessary documentation, and depositing the required amount.

Choose a trusted provider

Submit required documents

Deposit the necessary funds

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Comparison

Blocked account providers comparison

Explore and contrast key features of the leading German blocked account providers. Make informed decisions with comprehensive, up-to-date comparison.

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Service
Location
Registered since
Banking partner
Setup fee
Monthly fee
Avg monthly fee (12 months)
German IBAN
Current account
Health insurance
Languages support
Available for minors
Website link

Fintiba

Germany
2016
Sutor
€89
€4.9
€12.32
8 Languages

Expatrio

Germany
2018
Aion
€49
€5
€9.08
6 languages

Coracle

Germany
2019
Lemonway
€99
€0
€8.25
5 languages

ICICI

India
2015
ICICI
€150
€0
€12.5
n/a

RemitX

India
2016
RemitX
€89
€0
€7.42
2 languages

Kotak Mahindra

India
2014
Kotak Mahindra
€0
€0
€0
2 languages

DDKonto

China
n/a
n/a
n/a
n/a
n/a
n/a

DropMoney

Spain
n/a
Lemonway
n/a
n/a
n/a
n/a

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Our recommendation

The best in comparison is (Fintiba)

The market leader Fintiba performs best in our comparison. This is because Fintiba is the only provider to offer the blocked account at a German bank with German deposit protection. Fintiba is also the best provider overall in terms of expertise and speed and on of the best in customer satisfaction.

Market leader

Market leader with the most extensive experience: more than 300,000 customer since 2017.

Partner bank

Direct connect to German partner bank (Sutor Bank).

Protection

Fully protected by the German Deposit Protection.

Availability

Worldwide availability (with a few exceptions, including USA)

Fintiba