This Blocked Account is offered by DR-WALTER and X-patrio in cooperation with the officially approved trustee firm ECO-Escrow and renowned German banks.
The following video gives you an overview of the advantages of the DR-WALTER 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.
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.
Here you can open your Blocked Account easily online:
Phone: +49 (0) 2247 9194 -995
Mon-Fri: 8 am to 8 pm
Sat: 9 am to 12 pm
Mon-Fri: 8 am to 6 pm