How much is required to be in a blocked account in Germany?

A German blocked account is a special account, in which the visa applicant needs to transfer at least 10,332 euros in order to prove they have the means to finance themselves throughout the first year of their studies. This amount will be blocked in the bank until the student’s arrival in Germany.

What is blocked account in Germany?

How does blocked account work in Germany?

What is a Blocked Account? A Blocked Account is a special kind of bank account for foreign students in Germany, to deposit the required amount of money to cover their living expenses for one year and serves as a proof of financial resources when applying for a German student visa.

How much is German visa in Nigeria?

The fee for the German student visa in Nigeria is €75 (equivalent to 36,406 ₦, as of August 2021). For applicants under the age of 18, the fee is €37.50 (equivalent to 18,203 ₦, as of August 2021). You have to pay the fee at the same time you submit your visa application.

How do I contact the German Consulate Lagos?

Consulate General of the Federal Republic of Germany. Head. Dr. Stefan Traumann, Consul General. City/Town. Lagos. Tel. 00234 1 280 9966. Fax +49 30 181 767 232

Can a foreign student open a blocked bank account in Germany?

How To Open a German Blocked Bank Account (Sperrkonto) for Foreign Students. Under current law regulations in Germany, if you’re an international student coming from a non-EU or non-EEA country, then you must prove you have the financial resources (Finanzierungsnachweis) to cover your living expenses in Germany.

How to open a blocked account with Deutsche Bank in Nigeria?

– Certification of a signature for the purpose of the opening of a blocked account with Deutsche Bank The German Missions in Nigeria certify copies of school documents for the purpose of applying for admission at a German university. You are allowed to present up to – 5 – application sets per appointment

How long does it take to open a blocked account in Germany?

The time it takes to open a blocked account in Germany depends on factors like your nationality, the provider, the workflow of the German embassy in your home country, your paperwork, etc. If everything goes well, your blocked account should be ready within a week from the day you submit your application.