A German block account, known as a “Sperrkonto,” is a special type of bank account primarily used by international students and some other visa applicants in Germany. Here’s a brief overview:
Key Features
- Purpose: The block account is required to demonstrate that you have sufficient financial resources to support yourself while living in Germany, particularly for visa applications.
- Funds: A specific amount must be deposited, typically around €11,208 for one year (as of 2023). This amount can vary, so it’s essential to check current requirements.
- Access to Funds: The account is “blocked,” meaning you cannot withdraw all the funds at once. Instead, you can access a set monthly amount (usually around €934) to cover living expenses.
- Bank Requirements: You must open the account with a bank that offers this service, and you may need to provide proof of admission to a German educational institution, among other documents.
- Visa Application: Once the account is set up and the funds are deposited, you receive a confirmation letter from the bank, which is required for your visa application.
The Sperrkonto helps ensure that international students can support themselves during their studies in Germany, making it a crucial part of the visa process.
