{"id":6523,"date":"2024-09-14T16:59:30","date_gmt":"2024-09-14T16:59:30","guid":{"rendered":"https:\/\/www.extravelmoney.com\/blog\/?p=6523"},"modified":"2025-06-10T13:32:16","modified_gmt":"2025-06-10T13:32:16","slug":"german-blocked-account-requirements-2024","status":"publish","type":"post","link":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/","title":{"rendered":"German Blocked Account Requirements For Students in 2024"},"content":{"rendered":"\n<div class=\"wp-block-uagb-image aligncenter uagb-block-c9c0447f wp-block-uagb-image--layout-default wp-block-uagb-image--effect-static wp-block-uagb-image--align-center\"><figure class=\"wp-block-uagb-image__figure\"><a class=\"\" href=\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg\" target=\"\" rel=\"noopener\"><img decoding=\"async\" srcset=\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-1024x576.jpg ,https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg 780w, https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg 360w\" sizes=\"auto, (max-width: 480px) 150px\" src=\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-1024x576.jpg\" alt=\"\" class=\"uag-image-6525\" width=\"1280\" height=\"720\" title=\"Germany Blocked Account 2024\" loading=\"lazy\" role=\"img\"\/><\/a><\/figure><\/div>\n\n\n\n<p><\/p>\n\n\n\n<div class=\"wp-block-uagb-inline-notice uagb-inline_notice__align-left uagb-block-077ea569\"><button class=\"uagb-notice-close-button\" type=\"button\" aria-label=\"Close\"><\/button><h4 class=\"uagb-notice-title\">Summary<\/h4><div class=\"uagb-notice-text\">\n<p><strong>Blocked Account Requirement (2024)<\/strong> &#8211; \u20ac11,904 annually (\u20ac992 per month) from September 1, 2024<\/p>\n\n\n\n<p><strong>Previous Requirement<\/strong> &#8211; \u20ac11,208 annually (\u20ac934 per month)<\/p>\n\n\n\n<p><strong>Reason for Increase<\/strong> &#8211; Rising cost of living and adjustments based on the BAf\u00f6G rate<\/p>\n\n\n\n<p><strong>Monthly Withdrawal Limit<\/strong> &#8211; \u20ac992 per month<\/p>\n\n\n\n<p><strong>Effective Date<\/strong> &#8211; September 1, 2024<\/p>\n\n\n\n<p><strong>ExTravelMoney Services<\/strong>;<br><br>&#8211; Assist with opening blocked accounts via Coracle, Expatrio, and Fintiba<br>&#8211; Help transfer funds at competitive exchange rates<\/p>\n\n\n\n<p><strong>Additional Offer<\/strong> &#8211; \u20b93,000 OFF on opening &amp; transferring funds to a blocked account via ExTravelMoney<\/p>\n<\/div><\/div>\n\n\n\n<p>Germany remains a top destination for international students, with over 450,000 students choosing it for higher education in 2022\/2023 alone. <\/p>\n\n\n\n<p>The blocked account requirement for international students in Germany is a crucial step in securing your student visa. <\/p>\n\n\n\n<p>From September 1, 2024, the amount of money to be deposited in a blocked account (Sperrkonto) has increased from \u20ac11,208 to \u20ac11,904 annually. The blocked account is a key requirement for obtaining a German student visa.<\/p>\n\n\n\n<p>In this article, we\u2019ll break down the new blocked account requirements and what it means for Indian students heading to Germany in 2024.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">What Is a Blocked Account?<\/h1>\n\n\n\n<p>A blocked account is a special bank account designed for international students and visa applicants in Germany. It is a way to prove to the German authorities that you have enough funds to cover your living expenses during your stay. The money you deposit into this account is &#8220;blocked,&#8221; meaning you can only withdraw a specific amount each month to cover your daily expenses.<\/p>\n\n\n\n<p>For students, this monthly withdrawal limit ensures that they have enough funds to support themselves while studying in Germany.&nbsp;<\/p>\n\n\n\n<p>The new blocked amount, effective from September 2024, is \u20ac11,904 annually. Students will be able to withdraw a maximum of \u20ac992 per month.<\/p>\n\n\n\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/www.extravelmoney.com\/blog\/blocked-account-in-germany-for-indian-students\/\" target=\"_blank\" rel=\"noreferrer noopener\">Blocked Account in Germany for Indian Students \u2013 All you need to know<\/a><\/p>\n\n\n\n<h1 class=\"wp-block-heading\">Why Has the Blocked Amount Increased?<\/h1>\n\n\n\n<p>The increase in the blocked account amount is largely due to the rising cost of living in Germany. The German government adjusts the blocked account requirement in line with the BAf\u00f6G rate, which sets the minimum amount of money a student needs to cover their living expenses in Germany.<\/p>\n\n\n\n<p>Costs such as rent, food, and utilities have gone up. So, the blocked amount has been raised to \u20ac992 per month from the previous \u20ac934, an increase of 6.2%.<\/p>\n\n\n\n<h1 class=\"wp-block-heading\">How ExTravelMoney Can Help<\/h1>\n\n\n\n<p>At ExTravelMoney, we simplify the process of opening and funding your blocked account while saving you money.&nbsp;<\/p>\n\n\n\n<p>We assist Indian students in opening a blocked account from India through trusted providers such as;&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/www.coracle.de\/?ref=etmcle1\" target=\"_blank\" rel=\"noreferrer noopener\">Coracle<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.coracle.de\/?ref=etmcle1\" target=\"_blank\" rel=\"noreferrer noopener\">Coracle Prime<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.expatrio.com\/?p=ETMRIO\" target=\"_blank\" rel=\"noreferrer noopener\">Expatrio<\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.expatrio.com\/?p=ETMRIO\" target=\"_blank\" rel=\"noreferrer noopener\">Expatrio Value Package<\/a><\/li>\n\n\n\n<li><a href=\"http:\/\/partner.fintiba.com\/extravelmoneytechnosolpvtltd\" target=\"_blank\" rel=\"noreferrer noopener\">Fintiba<\/a><\/li>\n<\/ol>\n\n\n\n<p>Once your account is set up, we also offer competitive exchange rates for transferring the required funds to your blocked account.<\/p>\n\n\n\n<pre class=\"wp-block-verse\"><strong>OFFER:<\/strong> Get \u20b93,000 Flat OFF on money transfer to your blocked account via ExTravelMoney.<\/pre>\n\n\n\n<div class=\"wp-block-uagb-buttons uagb-buttons__outer-wrap uagb-btn__default-btn uagb-btn-tablet__default-btn uagb-btn-mobile__default-btn uagb-block-a2b6403e\"><div class=\"uagb-buttons__wrap uagb-buttons-layout-wrap \">\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-5df2e799 wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.extravelmoney.com\/open-blocked-account\/\" rel=\"follow noopener\" target=\"_blank\" role=\"button\"><div class=\"uagb-button__link\">Open Blocked Account<\/div><\/a><\/div><\/div>\n\n\n\n<div class=\"wp-block-uagb-buttons-child uagb-buttons__outer-wrap uagb-block-bd932eb5 wp-block-button\"><div class=\"uagb-button__wrapper\"><a class=\"uagb-buttons-repeater wp-block-button__link\" aria-label=\"\" href=\"https:\/\/www.extravelmoney.com\/wire-transfer\/india-to-germany\/blocked-account\/\" rel=\"follow noopener\" target=\"_blank\" role=\"button\"><div class=\"uagb-button__link\">Send Money To Blocked Account<\/div><\/a><\/div><\/div>\n<\/div><\/div>\n\n\n\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<span class=\"embed-youtube\" style=\"text-align:center; display: block;\"><iframe loading=\"lazy\" class=\"youtube-player\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/XepgUn8pHEE?version=3&#038;rel=1&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;fs=1&#038;hl=en-US&#038;autohide=2&#038;wmode=transparent\" allowfullscreen=\"true\" style=\"border:0;\" sandbox=\"allow-scripts allow-same-origin allow-popups allow-presentation allow-popups-to-escape-sandbox\"><\/iframe><\/span>\n<\/div><\/figure>\n\n\n\n<div style=\"height:4px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h1 class=\"wp-block-heading\">FAQ<\/h1>\n\n\n\n<p><strong>1. Can I withdraw more than \u20ac992 per month from my blocked account?<\/strong>&nbsp;<\/p>\n\n\n\n<p>No, the blocked account is designed to limit monthly withdrawals to \u20ac992. This restriction is in place to ensure that you have a steady monthly allowance to cover your living expenses throughout the year. If you deposit more than the required amount, only the additional funds can be withdrawn beyond the set limit.<\/p>\n\n\n\n<p><strong>2. Can I use a blocked account for more than one year of studies?<\/strong>&nbsp;<\/p>\n\n\n\n<p>The blocked account is only required for the first year of your studies. After the first year, you can show proof of financial means for your second year through other sources, such as a part-time job, scholarships, or parental support. However, some students may choose to keep using the blocked account for ease of managing finances.<\/p>\n\n\n\n<p><strong>3. Can a third party in India transfer or deposit funds into my blocked account on my behalf?<\/strong><\/p>\n\n\n\n<p>Yes, third-party transfers to a blocked account are possible from India. For example, you can transfer money to your blocked account via ExTravelMoney. In the A2 Form, your name will be given as the remitter and the same will be reflected in the SWIFT Copy which is generated after the transaction completion. You&#8217;d be submitting this SWIFT Copy as proof of payment to the blocked account provider.<\/p>\n\n\n\n<p><strong>Also Read:<\/strong> <a href=\"https:\/\/www.extravelmoney.com\/faq\/blocked-account-faq\/\" target=\"_blank\" rel=\"noreferrer noopener\">Blocked Account FAQ<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Germany remains a top destination for international students, with over 450,000 students choosing it for higher education in 2022\/2023 alone. The blocked account requirement for [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":6525,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"_jetpack_newsletter_access":"","_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[34],"tags":[58],"class_list":["post-6523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-study-abroad","tag-blocked-account"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>German Blocked Account Requirements For Students in 2024 -<\/title>\n<meta name=\"description\" content=\"Learn about the new German Blocked Account requirements for 2024 &amp; how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"German Blocked Account Requirements For Students in 2024 -\" \/>\n<meta property=\"og:description\" content=\"Learn about the new German Blocked Account requirements for 2024 &amp; how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/\" \/>\n<meta property=\"article:publisher\" content=\"http:\/\/facebook.com\/extravel\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-14T16:59:30+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-10T13:32:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Subhash Sivamani\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Subhash Sivamani\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/\",\"url\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/\",\"name\":\"German Blocked Account Requirements For Students in 2024 -\",\"isPartOf\":{\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg\",\"datePublished\":\"2024-09-14T16:59:30+00:00\",\"dateModified\":\"2025-06-10T13:32:16+00:00\",\"author\":{\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/85cff8fcca3ac4a2a78f32c5b124d7bd\"},\"description\":\"Learn about the new German Blocked Account requirements for 2024 & how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage\",\"url\":\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg\",\"contentUrl\":\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.extravelmoney.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"German Blocked Account Requirements For Students in 2024\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/#website\",\"url\":\"https:\/\/www.extravelmoney.com\/blog\/\",\"name\":\"\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.extravelmoney.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/85cff8fcca3ac4a2a78f32c5b124d7bd\",\"name\":\"Subhash Sivamani\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2023\/12\/cropped-cropped-subhash-sivamani-96x96.jpeg\",\"contentUrl\":\"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2023\/12\/cropped-cropped-subhash-sivamani-96x96.jpeg\",\"caption\":\"Subhash Sivamani\"},\"description\":\"Subhash, with over 10 years of experience as a content writer in the finance niche, is the head of content at ExTravelMoney.com. His expertise spans international remittance, currency exchange, RBI regulations, and travel abroad, simplifying complex financial topics, and transforming them into accessible and engaging content.\",\"sameAs\":[\"https:\/\/linkedin.com\/in\/subhashsivamani\"],\"url\":\"https:\/\/www.extravelmoney.com\/blog\/author\/subhash-s\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"German Blocked Account Requirements For Students in 2024 -","description":"Learn about the new German Blocked Account requirements for 2024 & how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/","og_locale":"en_US","og_type":"article","og_title":"German Blocked Account Requirements For Students in 2024 -","og_description":"Learn about the new German Blocked Account requirements for 2024 & how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.","og_url":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/","article_publisher":"http:\/\/facebook.com\/extravel","article_published_time":"2024-09-14T16:59:30+00:00","article_modified_time":"2025-06-10T13:32:16+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg","type":"image\/jpeg"}],"author":"Subhash Sivamani","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Subhash Sivamani","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/","url":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/","name":"German Blocked Account Requirements For Students in 2024 -","isPartOf":{"@id":"https:\/\/www.extravelmoney.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage"},"image":{"@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage"},"thumbnailUrl":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg","datePublished":"2024-09-14T16:59:30+00:00","dateModified":"2025-06-10T13:32:16+00:00","author":{"@id":"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/85cff8fcca3ac4a2a78f32c5b124d7bd"},"description":"Learn about the new German Blocked Account requirements for 2024 & how ExTravelMoney helps Indian students save \u20b93,000 OFF on transfers to their Blocked Account.","breadcrumb":{"@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#primaryimage","url":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg","contentUrl":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg","width":1280,"height":720},{"@type":"BreadcrumbList","@id":"https:\/\/www.extravelmoney.com\/blog\/german-blocked-account-requirements-2024\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.extravelmoney.com\/blog\/"},{"@type":"ListItem","position":2,"name":"German Blocked Account Requirements For Students in 2024"}]},{"@type":"WebSite","@id":"https:\/\/www.extravelmoney.com\/blog\/#website","url":"https:\/\/www.extravelmoney.com\/blog\/","name":"","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.extravelmoney.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/85cff8fcca3ac4a2a78f32c5b124d7bd","name":"Subhash Sivamani","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.extravelmoney.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2023\/12\/cropped-cropped-subhash-sivamani-96x96.jpeg","contentUrl":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2023\/12\/cropped-cropped-subhash-sivamani-96x96.jpeg","caption":"Subhash Sivamani"},"description":"Subhash, with over 10 years of experience as a content writer in the finance niche, is the head of content at ExTravelMoney.com. His expertise spans international remittance, currency exchange, RBI regulations, and travel abroad, simplifying complex financial topics, and transforming them into accessible and engaging content.","sameAs":["https:\/\/linkedin.com\/in\/subhashsivamani"],"url":"https:\/\/www.extravelmoney.com\/blog\/author\/subhash-s\/"}]}},"jetpack_featured_media_url":"https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg","uagb_featured_image_src":{"full":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg",1280,720,false],"thumbnail":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-150x150.jpg",150,150,true],"medium":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-300x169.jpg",300,169,true],"medium_large":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-768x432.jpg",768,432,true],"large":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024-1024x576.jpg",1024,576,true],"1536x1536":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg",1280,720,false],"2048x2048":["https:\/\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/09\/Germany-Blocked-Account-2024.jpg",1280,720,false]},"uagb_author_info":{"display_name":"Subhash Sivamani","author_link":"https:\/\/www.extravelmoney.com\/blog\/author\/subhash-s\/"},"uagb_comment_info":0,"uagb_excerpt":"Germany remains a top destination for international students, with over 450,000 students choosing it for higher education in 2022\/2023 alone. The blocked account requirement for [&hellip;]","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p88tmX-1Hd","jetpack-related-posts":[{"id":2829,"url":"https:\/\/www.extravelmoney.com\/blog\/blocked-account-in-germany-for-indian-students\/","url_meta":{"origin":6523,"position":0},"title":"Blocked Account in Germany for Indian Students &#8211; All you need to know","author":"Subhash Sivamani","date":"January 10, 2020","format":false,"excerpt":"Updated: 16 Aug 2024 Germany is one of the dream study-abroad destinations for Indian students. The main reason for this is the cheap cost of studying there! Germany has removed tuition fees for undergraduate students from its universities altogether. The best part is that this courtesy is not only for\u2026","rel":"","context":"In &quot;Study Abroad&quot;","block_context":{"text":"Study Abroad","link":"https:\/\/www.extravelmoney.com\/blog\/category\/study-abroad\/"},"img":{"alt_text":"Blocked-Account-in-Germany-for-Indian-Students-All-you-need-to-know","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/01\/Blocked-Account-in-Germany-for-Indian-Students-All-you-need-to-know-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/01\/Blocked-Account-in-Germany-for-Indian-Students-All-you-need-to-know-1.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/01\/Blocked-Account-in-Germany-for-Indian-Students-All-you-need-to-know-1.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/01\/Blocked-Account-in-Germany-for-Indian-Students-All-you-need-to-know-1.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":8202,"url":"https:\/\/www.extravelmoney.com\/blog\/sending-money-for-german-blocked-account\/","url_meta":{"origin":6523,"position":1},"title":"Expert Guide for Sending Money to Germany for Blocked Account","author":"Ann Mariya Job","date":"November 30, 2025","format":false,"excerpt":"Opening and sending money to a German Blocked Account is the key requirement that every student heading to Germany must complete. But what\u2019s the safest, cheapest, and fastest way to do it? This blog walks you through the answers backed by expert insights from ExTravelMoney\u2019s international educational transfers team. Also\u2026","rel":"","context":"In &quot;Study Abroad&quot;","block_context":{"text":"Study Abroad","link":"https:\/\/www.extravelmoney.com\/blog\/category\/study-abroad\/"},"img":{"alt_text":"the expert guide to open your blocked account and deposit cash - cover image","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2025\/11\/german-blocked-account-guide-cover-image.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":5707,"url":"https:\/\/www.extravelmoney.com\/blog\/valid-purposes-for-indians-to-send-money-abroad\/","url_meta":{"origin":6523,"position":2},"title":"Top 10 RBI Purpose Codes and Reasons for Sending Money Abroad from India","author":"Ann Mariya Job","date":"June 12, 2024","format":false,"excerpt":"Can a person send funds abroad from India freely for any reason without any restrictions? The answer is a big \u201cNO\u201d. You are allowed to make international transactions only for the purposes listed by RBI. So a remitter must always mention the reason to the bank or service provider. Read\u2026","rel":"","context":"In &quot;International Money Transfer&quot;","block_context":{"text":"International Money Transfer","link":"https:\/\/www.extravelmoney.com\/blog\/category\/international-money-transfer\/"},"img":{"alt_text":"Hand holding a folded U.S. dollar bill shaped like an arrow, representing international money transfer, with the text 'Pick the Right Code for the Right Reason'","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/06\/10-VALID-MONEY-TRANSFER-PURPOSES-and-RBI-Codes.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":2980,"url":"https:\/\/www.extravelmoney.com\/blog\/all-you-need-to-know-about-gic-account-in-canada-for-indian-students\/","url_meta":{"origin":6523,"position":3},"title":"All you need to know about GIC account in Canada for Indian Students","author":"Subhash Sivamani","date":"March 2, 2020","format":false,"excerpt":"Last Updated On: 17 March 2026 From September 1, 2025, the minimum GIC amount for students in all Canadian provinces and territories (except Quebec) is\u00a022,895 CAD\u00a0as per the official information from\u00a0Immigration, Refugees and Citizenship Canada (IRCC). For Quebec, if you apply as of January 1, 2026, the minimum amount required\u2026","rel":"","context":"In &quot;Study Abroad&quot;","block_context":{"text":"Study Abroad","link":"https:\/\/www.extravelmoney.com\/blog\/category\/study-abroad\/"},"img":{"alt_text":"GIC Account Canada all you need to know working what how amount","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/03\/GIC-Account.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/03\/GIC-Account.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/03\/GIC-Account.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2020\/03\/GIC-Account.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":4740,"url":"https:\/\/www.extravelmoney.com\/blog\/canada-gic-2024-increased-to-cad-20635\/","url_meta":{"origin":6523,"position":4},"title":"Canada Doubles GIC Amount in 2024 To $20,635: Indian Students Impacted","author":"Subhash Sivamani","date":"January 9, 2024","format":false,"excerpt":"Starting from January 1 2024, the GIC amount required for international students in 2024, including those from India, will be CA$ 20,635 (\u20b9 12.83 lakhs) which is 2x the previous amount of CA$ 10,000 (\u20b9 6.22 lakhs).\u00a0 Here is a communication ExTravelMoney received from one of our Canadian GIC partners;\u2026","rel":"","context":"In &quot;International Money Transfer&quot;","block_context":{"text":"International Money Transfer","link":"https:\/\/www.extravelmoney.com\/blog\/category\/international-money-transfer\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/01\/Canada-Doubles-GIC-Amount-in-2024-To-20635-Indian-Students-Impacted.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/01\/Canada-Doubles-GIC-Amount-in-2024-To-20635-Indian-Students-Impacted.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/01\/Canada-Doubles-GIC-Amount-in-2024-To-20635-Indian-Students-Impacted.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/01\/Canada-Doubles-GIC-Amount-in-2024-To-20635-Indian-Students-Impacted.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2024\/01\/Canada-Doubles-GIC-Amount-in-2024-To-20635-Indian-Students-Impacted.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":8486,"url":"https:\/\/www.extravelmoney.com\/blog\/how-to-transfer-money-to-germany-a-guide-for-students-and-parents\/","url_meta":{"origin":6523,"position":5},"title":"How to Transfer Money to Germany: A Guide for Students and Parents","author":"Ann Mariya Job","date":"April 19, 2026","format":false,"excerpt":"If you're an Indian student or parent preparing for studies in Germany, knowing how to transfer money efficiently is crucial. Explore the smartest ways to send funds, understand tax implications, and avoid common mistakes with this easy-to-follow guide. Also Read: Expert Guide for Sending Money to Germany for Blocked Account\u2026","rel":"","context":"In &quot;International Money Transfer&quot;","block_context":{"text":"International Money Transfer","link":"https:\/\/www.extravelmoney.com\/blog\/category\/international-money-transfer\/"},"img":{"alt_text":"Blog cover image with the headline, \"Send Money to Germany for Studies The Smart Way\".","src":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/www.extravelmoney.com\/blog\/wp-content\/uploads\/2026\/04\/Germany-Money-Transfer-for-Studies.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=6523"}],"version-history":[{"count":0,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/posts\/6523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/media\/6525"}],"wp:attachment":[{"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=6523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=6523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.extravelmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=6523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}