WHAT IS A BLOCKED BANK ACCOUNT (SPERRKONTO) AND HOW TO OPEN IT?

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WHAT IS A BLOCKED BANK ACCOUNT (SPERRKONTO) AND HOW TO OPEN IT?

Mesaj gönderen Physiker » Pzt Mar 09, 2015 1:23 am

A blocked bank account is opened at a German bank. In this account, you will be required to deposit a minimum of € 8,040 for one year of studies. You will be able to withdraw no more than € 670 a month from this account.

The rest of your money remains blocked during your studies to ensure that you
don’t have less than € 670 a month.

Please note that the resident permit’s period of validity is calculated from the
blocked amount.

Instructions on how to open a Sperrkonto are provided by the respective banks.
Not all banks offer this service.
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