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What is a Blocked Account and How to Open a German Blocked Account?

Updated on: 23 August,2023 12:59 PM IST  |  Mumbai
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What is a Blocked Account and How to Open a German Blocked Account?


If you're planning to join the ranks of students and professionals heading to this vibrant country, understanding the concept of a German blocked account is vital. Don't worry; it sounds more intimidating than it is. Let's understand more about it.

What is a Blocked Account?

A blocked account, or Sperrkonto in German, is a special type of bank account designed for foreign nationals moving to Germany for education or employment purposes. It serves as a financial guarantee to the German government and associated authorities, ensuring that the account holder has sufficient funds to sustain themselves during their stay.

As of January 1, 2023, the German blocked account amount is that of €11,208. You will need to deposit this amount into your blocked account. You can then withdraw up to €934 per month for your expenses. It's like giving yourself a monthly allowance.

It’s Important to Select the Right Bank for Your Blocked Account

Selecting the right bank for opening a blocked account is not merely a procedural step; it's a decision that can significantly impact your experience in Germany. The right bank ensures a smooth process, transparent dealings, and additional benefits that can make life more comfortable. Here's why selecting a reputable bank like ICICI Bank Germany is essential:

Compliance with Regulations: ICICI Bank Germany, being approved by the German Federal Foreign Office, ensures full compliance with the regulations related to blocked accounts.

Ease of Account Opening: ICICI Bank Germany offers a streamlined online account opening process that simplifies the procedure. The hassle-free online application saves time and effort, providing a smooth beginning to your German adventure.

Trust and Reliability: Choosing a renowned and reliable bank like ICICI Bank fosters a sense of trust and confidence. Knowing that your funds are handled by a reputable institution provides peace of mind.

Value-Added Services: With offerings like a free debit card delivered to your India address, preferential educational loan rates, complimentary Current Account, prepaid forex card and instant money transfers, ICICI Bank Germany adds value to the blocked account. These services provide financial flexibility and convenience, tailored to the unique needs of international students and professionals.

How to Open a German Blocked Account?

Now that we've covered the 'what' and 'why,' let's get into the 'how' part. Opening a German blocked account might seem complex, but it's a step-by-step process. And with ICICI Bank Germany, you can open your blocked account online in six simple steps:

  1. Begin by visiting ICICI Bank Germany's official website at Navigate to the section dedicated to blocked accounts to find all the information and resources you'll need.
  2. Fill out the online application form available on the site.
  3. You'll need to upload digital copies of your passport and proof of residence.
  4. Next, deposit the necessary amount into your blocked account, following the stipulated guidelines. Once you've funded your account, you can receive your debit card while still in India, providing immediate access to your funds and making you banking ready.
  5. After funding your account, you can request and obtain an online balance confirmation certificate. This document is vital proof of your financial stability and may be required for various legal processes, including your visa application.
  6. Once you've moved to Germany, ensure you promptly update your residence address through iMobile Germany App. This step keeps your account information accurate and aligns with legal requirements for residing in the country.

Opening a blocked account with ICICI Bank Germany is a streamlined and user-friendly process.

Advantages of ICICI Bank Germany Blocked Account

Discover the convenience and many features of ICICI Bank Germany's Blocked Account:

  • Say goodbye to lengthy branch visits and embrace hassle-free digital account opening & enjoy the ease of a paperless process
  • Enjoy a fully functional current account at no extra cost. Manage your daily banking needs seamlessly.
  • Free Debit Card delivered to your door-step in India. Your debit card PIN is accessible online, aligning with a secure and environmentally friendly approach.
  • Withdraw cash without a worry. Your ICICI Bank Germany debit card gives you access to any VISA ATM throughout Europe, adding to your financial flexibility.
  • English speaking service centre in Germany and in India

In conclusion, opening a German blocked account is one of those essential tasks on your journey to Germany. It might seem daunting at first, but once you follow the steps, you'll have that account ready in no time.

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