If you create a Blocked Account and do not transfer within a specific time, your account will not expire or be deactivated. However, once you set up a payment, that payment will have an expiration date. We will cancel all payments after 1 month if you do not transfer in the meantime.

Also, when transferring using our partner Cohort Go, you will have 24 to 72 hours to transfer your funds. This is necessary because of the constant change of currency exchange rates. Your 'Blocked account transfer details' document will confirm the exact due date. Please be aware of this when you're ready to transfer your funds.

If you do not transfer by the end of the due date you will have the option to renew the invoice.

When transferring using the details on your 05 Blocked Account Opening Confirmation. There is no specific deadline or time limit for you to transfer the Total Blocked Amount to your Blocked Account. This is because you are transferring in EUR with this option, and the changes in exchange rates do not matter in this case.

You will be able to receive the 06 Blocked Amount Confirmation only after the full Blocked Amount is transferred and accepted by our banking partner and Expatrio.

The creation of a Blocked Account with no funds will not be sufficient for you to apply for the residence permit. You need to transfer the funds to the account to have a valid blocked account.