Visa step 4Updated June 2026

Blocked Account Comparison

A blocked account (Sperrkonto) holds your €11,904/year of proof-of-funds for the visa. Pick the provider that fits your budget and timeline.

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ProviderSetupMonthlyOpening time
Expatrio€49 (one-off, refundable on activation)Free1–3 business days
Fintiba€89 (one-off)€4.901–2 business days
Coracle€99 (one-off)€5.902–5 business days
Deutsche Bank€150 (one-off)Free2–6 weeks
ICICI Bank (Germany)Often free (one-off)Free1–3 weeks

Expatrio

Berlin-based fintech designed for international students — quick, English-friendly, popular bundle option.

Open account

Setup

€49 (one-off, refundable on activation)

Monthly

Free

Opening time

1–3 business days

Languages

English, German

Pros

  • All-English process
  • Health insurance bundle available
  • Fastest setup

Watch out for

  • !Bundle can feel like upsell
  • !Customer service quality varies

Offers a 'Value Package' bundling blocked account + health insurance + bank account.

Fintiba

One of Germany's longest-running blocked-account fintechs, very widely used by international students.

Open account

Setup

€89 (one-off)

Monthly

€4.90

Opening time

1–2 business days

Languages

English, German

Pros

  • Established and trusted
  • Strong English support
  • Available in many countries

Watch out for

  • !Higher monthly fee
  • !Bundle locks you in for longer

Also offers health insurance and account in one 'Plus' bundle.

Coracle

A no-frills blocked account that often appears alongside Fintiba and Expatrio in embassy lists.

Open account

Setup

€99 (one-off)

Monthly

€5.90

Opening time

2–5 business days

Languages

English, German

Pros

  • Simple, no-frills product
  • English support
  • Solid for one-off blocked account use

Watch out for

  • !Pricier monthly fee
  • !Smaller user community

Optional add-on health insurance.

Deutsche Bank

The traditional, well-known choice — reliable but much slower than the fintech options.

Open account

Setup

€150 (one-off)

Monthly

Free

Opening time

2–6 weeks

Languages

English (limited), German

Pros

  • Recognised everywhere
  • Full bank account on arrival
  • No monthly fees

Watch out for

  • !Slow paper-based onboarding
  • !Branch visit usually needed in Germany
  • !Not great if you need fast visa turnaround

Traditional bank — separate health insurance required.

ICICI Bank (Germany)

Indian-bank-run option in Germany — popular among Indian and South-Asian students because of home-country support.

Open account

Setup

Often free (one-off)

Monthly

Free

Opening time

1–3 weeks

Languages

English, Hindi

Pros

  • Free setup and monthly
  • Convenient if you already bank with ICICI in India
  • Hindi support

Watch out for

  • !Smaller acceptance among embassies (check yours)
  • !More documentation if you don't already have ICICI India account

Popular with Indian students — funds transferred from ICICI India branches.

Heads up: Always confirm that the provider you choose is accepted by the German embassy/consulate in your country before you transfer money. Fees and monthly charges can change at any time.
See the full visa journey in our Visa & Process guide.