Open Blocked Account for Germany from India – Fast, Easy and Online at RemitX

German Blocked Account (GBA)

Need to open a German Blocked Account?
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Blocked accounts are designed specifically for international students and job seekers travelling to Germany. RemitX Blocked account has been approved by the German Foreign Office of The Republic of Germany. A Blocked Account is a special form of bank account, which is used by students and job seekers to demonstrate proof of sufficient financial means to afford their stay in Germany.

Student visa applications require proof of sufficient funds to cover living expenses in Germany. It is possible to fulfil this requirement by opening a Blocked Account, also known as Sperrkonto. Capital India Finance Limited- RemitX has been authorized by the German Ministry of Foreign Affairs to open a "RemitX Blocked Account" for Indian students. With REMITX, students can open their accounts online and quickly from India.

In collaboration with Eric Neuendorff Law Firm, RemitX provides students from across the globe with a digital platform for opening and managing Sperrkontos (Blocked Accounts) in Germany. It is convenient for students to pay the blocked amount directly to RemitX in Indian rupees. In Germany, the RemitX Blocked Account will be operated by Commerzbank AG in Euro currency. To ensure financial stability, the money deposited in this account cannot be withdrawn until the arrival in Germany. Upon arrival in Germany, the student can activate their Blocked Account to receive monthly withdrawals directly into their local savings bank account which can be Commerzbank or any other savings bank account in Germany.

Requirements of the blocked account

From the 2022 winter semester, students who are applying for a visa must prove that they have a monthly allowance
of at least € 934.00 per month for the first academic year of study (total of € 11,208.00). It is however strongly recommended that you check the required amount on the website of the relevant embassy or authority.

Process Flow

1STEP

Download the RemitX app or visit https://gba.remitx.com

2STEP

Complete online application form

3STEP

Receive your login id and password of your RemitX blocked account

4STEP

Download form-4 and fund your blocked account as per your requirement

5STEP

Download form-6, a prerequisite for visa applications

6STEP

Upon arrival in Germany, update your visa status and activate your RemitX blocked account. You will receive your monthly blocked amount in your bank account.

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Frequently Asked Questions

Your blocked account might need to be modified based on your future plans and circumstances. In the event that you decide to leave Germany and return home, you can close the account or, alternatively, extend it.

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This is the third item's accordion body. It is hidden by default, until the collapse plugin adds the appropriate classes that we use to style each element. These classes control the overall appearance, as well as the showing and hiding via CSS transitions. You can modify any of this with custom CSS or overriding our default variables. It's also worth noting that just about any HTML can go within the .accordion-body, though the transition does limit overflow.

German Blocked Account (GBA)

Requirements of the blocked account

Process Flow

What are you waiting for?

Easy

Secure

Automated

Reliable

Safe

Complete solution

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Frequently Asked Questions

What can you later do with your RemitX blocked account?

Are there exemptions to opening a blocked account?

How much money do you need to have in your blocked account?

Is there any administrative fee to open blocked account?

How long will it take to operationalize my blocked account?

Can I speed up the procedure of opening a blocked account?