When does the payment of the monthly administration fees start?

The monthly administration fee of € 9.90 starts as soon as the blocked amount reaches your blocked account. The fee is deducted automatically from your payouts once you connect your German current account to the blocked account. We may book your accrued fees before the payouts are set up, if more than 3 months passed since you deposited the blocked amount in your account. 

The one-time initial setup fee of € 159 will also be debited when your funds are received.

Important: These new fees apply for all blocked account openings (or re-openings) from 3 November 2025 onward. Accounts opened before that date remain on the previous fee schedule (€ 89 initial + € 4.90 monthly).

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