How much money do I have to transfer to receive my blocking confirmation and other visa documents?

To issue a blocking confirmation, the total transfer amount depends upon your individual case and consists of three parts:

1. The full blocked amount indicated during your account opening

2. The one-time initial setup fee of € 159

3. A buffer deposit of €100.00 (refunded at payout setup in Germany)

The total blocked amount in (1) depends on the duration of your stay and the monthly sum that needs to be blocked, as determined by the embassy or consulate issuing your visa.

Note: The buffer deposit of €100.00 is NOT a fee charged by Fintiba! Intermediary banks often deduct fees for international money transfers. This previously resulted in blocking confirmations not being issued as the total blocked amount was no longer available. The buffer deposit was introduced to cover such deductions, and any remaining amount is returned in the the first payout to the current account.

Monthly administration fee

• The € 9.90 monthly fee starts once your funds reach the blocked account.

• The fee is automatically deducted from your payouts after you connect your German current account to the blocked account.

• You don’t need to transfer it separately; it is deducted from your monthly payout.