With Expatrio, you can transfer your blocked amount in several different ways.
You can choose the EUR bank transfer option and transfer the funds to the details of your blocked account with your bank or an international transfer company of your choice.
We, as Expatrio, are partners with Flywire, a global payment company that helps people send money safely and easily across countries. Flywire supports over 140 currencies and operates in more than 240 countries and regions. As one of Expatrio’s official partners, Flywire ensures that your money transfers—such as sending funds to your Blocked Account—are handled smoothly, fast, with low fees, and with full transparency.
You may see an option to transfer your funds in your local currency to an account in your home country through Flywire. For more details about this payment, please go here.
When you initiate the payment on your portal, you will always see options for which you are eligible to make the transfer, depending on your profession, location, or nationality. For more information, please check What Available Options Will I Have? article.
To see a complete and detailed written guide on how to transfer money, please click on one of the following:
- The Payment Process
- A) Domestic Bank Transfer & International Bank Transfer in USD
- B) International Bank Transfer in EUR
- C) Flywire Transfer
The Payment Process
1) You will be able to initiate your payment from your Expatrio User Portal. Select 'My Payments' under Blocked Account. Here you will see your pending payments and can set up a new payment too with the '+ Initiate payment' button.
2) After clicking on the '+ Initiate payment' button choose the country of payment initiation. The transfer must be made from a bank account located in the country that you selected here.
3) Choose the amount you want to transfer. This can be the total amount required in your blocked account, or a smaller amount too if you want to transfer in multiple parts.
The payment setup tool will indicate the minimum amount you can choose, which is usually 10% of the total amount required.
On the page, you can see the 'Total Blocked Amount Required' and the amount for which you have not set up a payment yet ('Your Pending Amount'). These values will help you calculate the amount for your next payment.
Your pending amount is the amount you need to transfer according to the monthly blocked amount you choose (usually 992 Eur) and the length of your blocked account (usually 12 months), together with the fees.
The Maximum amount allowed is the maximum amount anyone can transfer to their blocked account. It does not change according to your monthly amount or the length of your blocked account as your pending amount.
The minimum amount you can transfer is almost %10 of your pending amount.
4) Read the detailed instructions shown on the next page carefully, then hit 'Next'.
5) Choose the payment method of your choice (the possible payment methods vary based on the country you choose at the beginning of the process as 'Country of payment initiation', your current location and your profession).
Expatrio recommends using an 'Expatrio Payment' method when available to benefit from a cheap, fast, and secure fund transaction process.
6/A) Cohortgo Payment (Domestic Bank Transfer, International Bank Transfer in USD etc..)
If you chose a different payment method, please choose below to get to that section:
6/A/1) Indicate who will be making the transfer. This might either be yourself or someone else (e.g., your parents, or siblings). If your friend or relative will make the transfer, it will increase the possibility of rejection.
We recommend that you transfer your funds from your personal account and, if that is not possible, from your close family member's account, such as your parents or siblings.
6/A/2)
A: If someone else will be transferring the funds to your Blocked Account, please indicate their personal information as requested on the page. If not possible, we recommend you transfer from your personal bank account or from your parents' or siblings' account to lower the possibility of transfer rejection significantly.
B: In case you are transferring the funds, please proceed and double-check your data on the following page.
6/A/3) Read the detailed instructions shown on the next page carefully. (the content might differ based on the country of payment initiation of your choice).
6/A/4) Done! You have initiated the payment.
6/A/5) Now, you can download the "Blocked Account Transfer Details" document and transfer your funds.
You can click the "Go to my payments" button, choose the payment you set up, and open the Documents section to download your "Blocked Account Transfer Details" document, which includes all the details you need to make the transfer to your Blocked Account!
Please make the transaction by the due date of the payment; otherwise, your transfer may be delayed or rejected.
If you are not able to transfer until the due date, please initiate a new payment with a new due date (or expiry date).
Please bear in mind that the due date is for transferring the funds, not for your funds to arrive in your blocked account. Transfers may take up to 5 business days; therefore, if you transfer until the due date, you do not need to worry about the expiry date of your payment.
6/A/6) The 'Blocked account transfer details' document will have all the information you will need from our end to transfer your funds via your bank or transfer provider.
6/A/7) Once you have executed the transfer (i.e. you have sent the funds to the account stated in the document), please upload the proof of transfer under the 'Documents' section as shown above. This is needed for regulatory reasons and will speed up the allocation of your transfer.
6/A/8) Our payment partner, Cohort Go will receive your funds within 1-5 business days. They will confirm with Expatrio when they have your funds, and we will, in turn, confirm the same with you immediately.
6/B) International Bank Transfer in EUR
If you are planning to make an international transfer by using a traditional bank wire or an online remittance service like Instarem/NIUM or xCurrency, choose the 'International Bank Transfer' EUR transfer option. Afterward, you will receive your Blocked Account details. With this you are free to choose how to transfer the funds to your Blocked Account.
6/B/1) Read detailed instructions shown on the next page carefully and click finish to proceed.
6/B/2) You have initiated the payment. Now, you must download the "05 Opening Confirmation."
You can simply click the "Go to my payments" button, choose the payment you set up, and open the Documents section to find your 05 Opening Confirmation letter, which includes all the details you need to make the transfer to your Blocked Account!
If you check your 05 Account Opening Confirmation you will see that you are listed as the recipient there. This is because your blocked account is under your name. It means that you should add your own details as the recipient/beneficiary account holder to the transfer to your blocked account.
Note: If your details (like address or name) on the 05 Opening Confirmation letter are not correct, please cancel the payment, update your details, and initiate a new payment to receive a new 05 Letter with the correct details.
To update your details: Please go to Menu> Personal Data and click on "Edit information".
6/B/3) The next step is transferring your funds to the account details on your 05 Account Opening Confirmation via your bank or transfer provider (e.g. Instarem/NIUM, xCurrency)..
6/B/4) Once you have executed the transfer (i.e. you have sent the funds to your Blocked Account as stated in the document), we should receive your funds within 1-5 business days.
6/C: Flywire Transfer
Expatrio partners with Flywire, a global payment company that helps people send money safely and easily across countries. Flywire supports over 140 currencies and operates in more than 240 countries and regions. As one of Expatrio’s official partners, Flywire ensures that your money transfers—such as sending funds to your Blocked Account—are handled smoothly, fast, with low fees, and fully transparent.
It is a licensed, cheap, secure, and fast option to transfer your funds to your Blocked Account.
If you are eligible for this option, you will automatically be shown the Flywire Transfer as a method:
1. Please click on "Transfer with Flywire" and click "Continue"
2. Please choose the options that fits to you the most, and you will be forwarded to a page accordingly.
3. If you followed the instructions provided by Flywire, your transfer should arrive to your blocked account soon!
7) Once all the required blocked amount reaches your blocked account, you will be able to download your "06 Blocked Amount Confirmation" document from the Expatrio User Portal. The only exception from this is if for any reason our banking partner did not verify your passport yet. If this is the case we will try to proactively inform you, but should you not get your 06 Blocked Amount Confirmation when your blocked account balance is already sufficient please let us know.
Note: Cohort Go will forward your funds to your blocked account right after receiving it, but this process can still take a few business days. Because of this you will get your 06 Blocked Amount Confirmation sooner than having the actual balance in your blocked account when you choose an 'Expatrio payment' option to transfer your funds.
1 Expatrio’s payment partner Cohort Go converts your payments at foreign exchange rates usually only available to large corporations and we pass these savings on to you. Also, Cohort Go does not charge any transaction fees.
2 In certain countries, we offer real time payments (e.g. via Alipay in China) or local transfers that get credited to your blocked account the same day. Usually, it will take 2-3 days to receive your transfer confirmation.