Blocked Account for Chinese students

This Blocked Account is offered by Dr. Walter and X-patrio
in cooperation with Deutsche Bank and ECO-Escrow.

X-patrio Deutsche Bank ECO-Escrow

 

Advantages from the Dr. Walter Blocked Account

  • Accepted and approved by German Federal Foreign Office for obtaining a German visa.
  • Receive official confirmation on the next day - latest.
  • Cheap: one-off set-up of 49 € and 5 € per month only.
  • Secure: account provided by Deutsche Bank and controlled by German law firm ECO-Escrow.

 

When do you need a Blocked Account?

If you are not from an EU member state and would like to study in Germany, you need to prove that you are able to pay for your studies and living costs. Usually you need to provide this proof when you apply for a visa. It is a prerequisite for obtaining a residence permit. In order to provide such proof, it is often necessary to have a Blocked Account. A Blocked Account is a special account which is not freely accessible to the account holder upon opening of the account.

How does a Blocked Account work?

You need to deposit a minimum amount as required by law into the Blocked Account. Currently, 720 € have to be paid into the account for each month you stay in Germany. This amount will remain blocked until you arrive in Germany. Another peculiarity of a Blocked Account is that you can only withdraw or transfer a limited amount of money. You may withdraw a maximum of 720 € per month unless you have deposited more than the demanded minimum.

How can I open a Blocked Account?

Here you can open your Blocked Account easily online:

Do you require advice?
If you have any questions, please feel free to contact us:

Phone: +49 (0) 2247 9194 -995

Customer Service
Mon-Fri: 8 am to 8 pm
Sat: 9 am to 12 pm

Specialist Department
Mon-Fri: 8 am to 6 pm