To open and apply for a Blocked Account, all you have to do is to go through the questionnaire section to identify what type of service is right for you. To open the questionnaire, please click your preferred option (only Blocked Account or Value Package) on the Expatrio homepage.
First of all, you will be asked about your profession. Please note that there are separate options for a university students (Bachelor, Master, etc.) and a separate option for language students. Please choose the option that fits your particular situation.
After doing so you will be asked about your age. You just need to mark whether you are over or under 18 years old.
On the next page, you would need to indicate:
- How long you are going to stay in Germany (which will constitute the duration of your Blocked Account) - if you are already in Germany, please simply indicate for how long you need the Blocked Account.
- What is the monthly Blocked Amount that is required by the German Authority in your city,
- Whether there is a need for Additional Basic Sum (that is sometimes required by Foreign Authorities - if this should be applicable in your case, the authority handling your visa request would let you know).
After filling in all the information you will see the calculation for the amount of money you need to transfer. Apart from the Required Blocked Amount, it will include a €49 setup fee and a €5 monthly service fee.
For students, the presumed annual requirement that must be paid into the blocked account is currently €10,332 per year or €861 per month.
However, if you have already confirmed with your visa-issuing authority that you need to block more or less than €861 per month because of a scholarship or any other reason, you can adjust the amount as per your needs.
If your authority requires you to block more than €939 per month, simply choose €939 during application and contact us here right away to increase the amount (please choose "Blocked Account Change Request" as category).
Account Buffer: If the money arrives short under €100, we will use the buffer to cover the difference. If this does not happen, we will return the buffer with the last monthly deposit from your blocked account into your personal German bank account
You will then be directed to the following page where you can see the summary of the products you are about to purchase and our tailored suggestions. You can turn on/off the toggles to opt-in/out for the current account and health insurance.
You can also check the product details by clicking the green arrow on the right side of the grey boxes.
By clicking APPLY NOW you will enter this page to fill in more information about your Personal and Legal information. Please fill in the form with the exact same information that is shown on your passport.
If you already have your German address, choose Yes and write it down. If not, please choose No and write down your home address, outside Germany.
Choose the university you are planning to study at and your major (search in English and choose the major from the list that is the most similar to your major). If you do not know the exact dates of your arrival or the start of studies just provide the approximate ones.
Please fill in the nationality shown on your passport.
As the next step, you will need to upload a color copy of your passport. All four corners have to be shown, with no information covered or blurred by holograms. The information which you have provided before must be the exact same information that is shown on your passport.
Please note: if your passport has an address page, please make sure to upload this as well.
The final step is Terms & Conditions, look them through and mark the boxes on the left side to agree and proceed.
If you have received an invitation code from your friend, feel free to put it in the code box.
After clicking the "Confirm and Submit" button you will receive an application confirmation email.
You will be able to initiate a transfer to your blocked account from Expatrio User Portal after successful identification and verification.
Note: The Current Account that comes together with the Blocked Account is an additional feature Expatrio is providing and is not compulsory for activation. If you already have Current Bank Account in Germany or if you are planning to use another bank than Monese you can do it.