Thank you very much both of you!!! I was actually having a meltdown along with others in my grp chat on which blocked account to choose from!! What a perfect timing for you to upload it 😭😭
Also, Can you guys also make updated rec video for bank account services from various banks for the upcoming students pls?? It would be extremely helpful for the international students like me who have like only one functioning brain cell dedicated to finances 🥺 edit: Nvm, I am once again a dumb dumb and didn't check your previous video
Hallo & Danke für Euer Video. Ich kannte Coracle noch nicht und wollte es jetzt über den Link abschließen. Man hat dort aber keinen Auswahlpunkt: Chancenkarte. Was mache ich nun? Liebe Grüße Stefan
Can Tomorrow bank be a partner bank account as well? The partner bank doesn't matter (as long as it has an EU Central Bank-approved IBAN?) Thank you so much for the clarity!
Yes it is. Like we list in our guide, you need to have a premium account to unlock this feature: www.simplegermany.com/best-german-bank-english-speakers/
Hi, just a quick question, does fintiba also work for job seeking applicants? I opened an account with fintiba and I specified that I want it for the chancenkarte, but then it gave me a health insurance for students and they also asked me the start of the study semester even though I put at first that I want it for the chancenkarte. Is this normal, do they accept that health insurance or should I do something?
Thank you so much! Frankfurt Ausländerbehörde doesn't require specifically blocked account for the Chancenkarte as a prove of sufficient funds. With that, do you know if bank statement from the us bank acct under my name would be sufficient? Thank you
@@simplegermany they are unreachable - like a fortress))) the only way to Kontakt them before submitting an application is by filling out a question form online after and....it says it will take 2-3 months to receive a response 😂 (I have to laugh so that I don't cry) 😂)
Surely, a bank statement is not sufficient - you could withdraw the whole amount or close the account a day after presenting the statement! From the website of the Goethe-Universität Frankfurt/Main. (There are two Frankfurts in Germany, so make sure you contact the right Immigration Office.) "How can you prove that your living expenses are covered? - You show a Declaration of Commitment pursuant to § 68 Residence Act (that is, a German resident declares to cover your living expenses (>> further information) or - you pay a security deposit (€ 11.208) into a blocked account or - you provide a bank guarantee (€ 11.208), such a guarantee has to be renewed on a yearly basis, or an employment contract. If your income as shown in the employment contract is less than € 934 per month, only such lower amount is accepted as security and the difference must be provided for by different means. If your employment contract is for less than one year, the residence permit can only be extended for a shorter period of time)." www.goethe-university-frankfurt.de/124999764/Residence_Permit
A blocked account is a specific account to “park” money in it. It is needed for certain visas like the Chancenkarte and student visa. It has a completely different purpose than a normal bank account. For a normal bank account, you can watch this other video on the topic: ua-cam.com/video/GjRG1IBV5hU/v-deo.htmlsi=zL1EKLzv5Bqx3nKW
Is it a requirement to have a blocked account, as a U.S citizen? I heard that substitutes can be used, we just have to prove we actually have the amount.
Your blocked account provider will deposit your monthly allowance into your German bank account (which you have to open once you’re in Germany). And it depends on the bank in how many cash withdrawals you can do a month at an ATM. We have more details on our guide: www.simplegermany.com/best-blocked-account-germany/#How_to_withdraw_money_from_your_blocked_account_once_in_Germany
![Top 4 Bank Accounts for Foreigners in Germany [2024 Update]](http://i.ytimg.com/vi/GjRG1IBV5hU/mqdefault.jpg)
Thank you very much both of you!!! I was actually having a meltdown along with others in my grp chat on which blocked account to choose from!! What a perfect timing for you to upload it 😭😭
You guys are amazing 💪 keep up the work
Another fine video. Thank you!😊❤
very useful video, thanks for you both
Well done! nice research 👏
Also, Can you guys also make updated rec video for bank account services from various banks for the upcoming students pls?? It would be extremely helpful for the international students like me who have like only one functioning brain cell dedicated to finances 🥺
edit: Nvm, I am once again a dumb dumb and didn't check your previous video
So basically gonna need minimum $13,600 at the current exchange rates if you are coming from the USA.
you guys just got subscred
Thanks both ❤
One video about how to get cash money without extra repay?
What do you mean by repay?
@@simplegermany extra profit
❤❤❤❤let's go
You are from Guatemala but your English sounds native 🤔
Once you create a blocked account with expatrio, can i use that health insurance for my visa processing?
If you booked their value package you should be able to.
Hallo & Danke für Euer Video. Ich kannte Coracle noch nicht und wollte es jetzt über den Link abschließen. Man hat dort aber keinen Auswahlpunkt: Chancenkarte. Was mache ich nun? Liebe Grüße Stefan
Genau das sagen wir im Video, dass Expatrio auch gezielt für Chancenkartenbewerber wirbt. Bei Coracle müsstest du Job Seeker auswählen können.
Can Tomorrow bank be a partner bank account as well? The partner bank doesn't matter (as long as it has an EU Central Bank-approved IBAN?) Thank you so much for the clarity!
Yes it is. Like we list in our guide, you need to have a premium account to unlock this feature: www.simplegermany.com/best-german-bank-english-speakers/
Hi, just a quick question, does fintiba also work for job seeking applicants? I opened an account with fintiba and I specified that I want it for the chancenkarte, but then it gave me a health insurance for students and they also asked me the start of the study semester even though I put at first that I want it for the chancenkarte.
Is this normal, do they accept that health insurance or should I do something?
Yes, it should work, however, you will most likely need different health insurance. Please reach out to their customer support.
How do i transfer money to my expatrio Blocked account
You wire it to it 😊 Expatrio has an entire FAQ section explaining the process in detail.
what happens in case we can not make it into the germany? can it be refunded? and how is the refund policy usually ?
Yes, if your visa gets rejected, you will get the money refunded. Please check the refund policy of the provider you choose for exact details.
Thank you so much! Frankfurt Ausländerbehörde doesn't require specifically blocked account for the Chancenkarte as a prove of sufficient funds. With that, do you know if bank statement from the us bank acct under my name would be sufficient? Thank you
If you are in contact with the Ausländerbehörde in Frankfurt please ask them directly.
@@simplegermany they are unreachable - like a fortress))) the only way to Kontakt them before submitting an application is by filling out a question form online after and....it says it will take 2-3 months to receive a response 😂 (I have to laugh so that I don't cry) 😂)
Surely, a bank statement is not sufficient - you could withdraw the whole amount or close the account a day after presenting the statement!
From the website of the Goethe-Universität Frankfurt/Main. (There are two Frankfurts in Germany, so make sure you contact the right Immigration Office.)
"How can you prove that your living expenses are covered?
- You show a Declaration of Commitment pursuant to § 68 Residence Act (that is, a German resident declares to cover your living expenses (>> further information) or
- you pay a security deposit (€ 11.208) into a blocked account or
- you provide a bank guarantee (€ 11.208), such a guarantee has to be renewed on a yearly basis, or an employment contract. If your income as shown in the employment contract is less than € 934 per month, only such lower amount is accepted as security and the difference must be provided for by different means. If your employment contract is for less than one year, the residence permit can only be extended for a shorter period of time)."
www.goethe-university-frankfurt.de/124999764/Residence_Permit
can i work in a German bank in Germany and open a block account. asking because i currently have an eu visa but trying to apply for job seeking visa.
so let me ask, If i pay my upkeep mony, will it capture insurance, or i will need to add more mony?
You will have to pay your health insurance in Germany. The travel insurance to arrive is included.
I don’t understand so if i want to open a bank account now i have to put money for a whole year before even applying for a visa??
A blocked account is a specific account to “park” money in it. It is needed for certain visas like the Chancenkarte and student visa. It has a completely different purpose than a normal bank account. For a normal bank account, you can watch this other video on the topic: ua-cam.com/video/GjRG1IBV5hU/v-deo.htmlsi=zL1EKLzv5Bqx3nKW
Is it a requirement to have a blocked account, as a U.S citizen? I heard that substitutes can be used, we just have to prove we actually have the amount.
Why should US citizens be able to prove that they have the amount in different ways than other citizens? Ask your embassy when in doubt.
I want to open block account for minor (10 years and 14 years) children for FRV to join the mother, anyone please guide.
You can see in our comparison table that Fintiba and Coracle also cater to minors: www.simplegermany.com/best-blocked-account-germany/
So in this case can i withdraw whatever i want from the account using the ATMs ?
Or how its working exactly?
Your blocked account provider will deposit your monthly allowance into your German bank account (which you have to open once you’re in Germany). And it depends on the bank in how many cash withdrawals you can do a month at an ATM. We have more details on our guide: www.simplegermany.com/best-blocked-account-germany/#How_to_withdraw_money_from_your_blocked_account_once_in_Germany
If iam coming for only 6 months course how much is required to be in my block account please???
Take the number we mention per month and calculate it times 6 😉
If i make block account on coracle can it affect on visa or not .
Not sure what you mean with 'can it affect on visa'? All the 3 providers we mention are accepted by the German authorities.