What Is a Blocked Account (Sperrkonto)?
A blocked account, known in German as a Sperrkonto, is a special type of bank account that international students open to show that they can pay for their living costs while studying abroad. It is best known as a requirement for German student visas, and similar arrangements exist for some other countries. The money is "blocked," meaning that you cannot withdraw more than a fixed amount each month.
How it works
- Choose a provider. Several recognized banks and specialized providers offer blocked accounts for students.
- Open the account online, providing your identity details and admission documents.
- Deposit the required amount, which is set by the government for a year of living costs.
- Receive a confirmation that you use in your visa application.
- Start receiving monthly payments after you arrive and register in the country, and open a regular bank account for them to be paid into.
The amount to be deposited is set by the authorities and reviewed periodically. Check the figure and any updates on official websites, such as those of the German Federal Foreign Office, the German Academic Exchange Service and the embassy.
Why countries require one
Authorities want to be sure that students will not run out of money, so they ask for evidence of financial resources. A blocked account provides a clear guarantee, because the funds are held and paid out gradually.
Costs and issues
Providers often charge setup fees and monthly fees. Opening the account can take a few days, and the exchange rate and transfer fees may apply. Plan ahead, because visa appointments may require the confirmation before the date.
Alternatives
Depending on the country and the case, other proofs of funds may be accepted, such as a scholarship letter, a formal commitment from a resident sponsor or evidence of regular income. Ask the embassy or consulate which options apply to you.
Other countries
Other destinations, such as the UK, Canada and Australia, require students to show funds in other ways, such as bank statements held for a period of time, or specific programs like Canada's guaranteed investment certificate arrangements in some periods. Check current rules.
Related terms
See living cost allowance, CAS, letter of acceptance, Bologna Process and credential evaluation.
Frequently asked questions
How much do I have to deposit in a blocked account?
Germany sets an annual amount based on living costs, divided into monthly withdrawals, and it has been revised over time. Check the current figure on official German government sites.
Can I withdraw all the money at once?
No. The account releases only a fixed monthly amount, which protects you from running out of funds early. The rules are set by the provider.
Are there alternatives to a blocked account?
Sometimes. Options may include a scholarship, a formal obligation letter from a resident, or a bank guarantee, depending on the authority's rules.