How to access your Blocked Account funds after arriving in Germany?

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German Blocked Account

A blocked account or Sperrkonto is a special bank account with which you can provide evidence of you financial resources during your German Visa interview.

The blocked account must have sufficient credit in order to cover the costs arising for the duration of your planned stay in Germany.

From 1 January 2021, the presumed annual requirement that must be paid into the blocked account when applying for a visa amounts to € 10,332 . The account may only permit the withdrawal of a certain amount per month (for students currently € 861 ) .

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Funds are 100% Secured

Authorized by The German Federal Foreign Office

From The ️ of Berlin

Dedicated German IBAN with all Blocked Account!

Every DROP MONEY Blocked Account has Individual IBAN from day one of our service, now it's even better, introducing Dedicated German IBAN with all DROP MONEY Blocked Accounts, in collaboration with our payment partner Lemonway and our partner bank

BNP PARIBAS S.A. NIEDERLASSUNG DEUTSCHLAND, EUROPA-ALLEE 12, FRANKFURT AM MAIN, Germany, which is regulated by Bundesanstalt für Finanzdienstleistungsaufsicht, Graurheindorfer Straße 108, 53117 Bonn und Marie-Curie-Str. 24-28, 60439 Frankfurt a.M., Germany.

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A guide to choose the perfect
Blocked Account for your German Visa application
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OUR services

Online Account Products


75

DROP MONEY Blue

  • Approved by the Federal Foreign Ministry
  • Fastest Blocked Account Registration
  • Completely Digital with no paperwork
  • Very fast refund process in case of Visa rejection
  • Fully functional web application with self service portal
  • 24/7 online
  • Real time balance check
  • Fund protection guaranteed.
    The funds are protected by Lemonway (the payment services provider) through the use of a segregation account, in accordance with Art. 10.1.(a) of the PSD2 Directive.
Blocked Account Charge - € 75
Buffer Amount - € 90
Monthly Charges - € 5 (billed annually)
* No monthly charges on visa rejection
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45

DROP MONEY Gold

  • All Features of DROP MONEY Blue Account, and...
  • Approved by the Federal Foreign Ministry
  • Public Health Insurance with BARMER or TK
  • Free ISIC card for entire duration of Blocked Account
  • Free European Current Account exclusively with REVOLUT
  • Fund protection guaranteed.
    The funds are protected by Lemonway (the payment services provider) through the use of a segregation account, in accordance with Art. 10.1.(a) of the PSD2 Directive.
Blocked Account Charge - € 45
Buffer Amount - € 90
Monthly Charges - € 5 (billed annually)
* No monthly charges on visa rejection
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✓ Exclusive payment partner for faster Blocked Account payments from your home country.

✓ Direct Debit facility available for payment mandates in all over Europe.

✓ Offering service to students from more than 162 countries.




Looking For A Minor Blocked Account?

Look no further, DROP MONEY now offers Minor Blocked Account for Students aged between 14 years and 18 years, the process remains the same as the normal Blocked Account, you just have to provide your Parent's Consent Form and Their KYC Documents and Admission letters for a German Academic Institution in support of your Blocked Account, if you need more information, please contact us at info@drop-money.de


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Are you in Germany

Want To Renew Your Blocked Account?

With DROP MONEY Renewal, its super easy to extend/ renew your Blocked Account for the exact amount you need starting from € 1, to show as financial evidence to extend your Visa, and you have the liberty to extend your Blocked Account from 1 to 24 months with yearly renewal charges of just € 60 and zero buffer amount, so think no more and Renew your Blocked Account with DROP MONEY.

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