blocked account

Bachelor in Germany : - Rhein konsultant

What is a blocked account?

A blocked account is a special type of bank account in which the account holder cannot withdraw more than a certain amount of money per month. The amount that you are allowed to withdraw is set by the German government and is currently €720 per month. The money in the account cannot be used for […]

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Why is important blocked account for studying in Germany?

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The blocked account has been a requirement for studying in Germany for a long time now. It is a safety measure to ensure that foreign students have enough money to cover their living costs during their studies. The account is blocked by the German government and the student can only use the money from the

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