As soon as you are in Germany and you have completed the legitimation process you can set up a monthly payout to your current/regular bank account at any bank in Germany of your choice.
Note: the blocked account that can be opened via Fintiba at Sutor Bank (Max Heinr. Sutor OHG) is not a current account that you can use for your daily business.
The only way to access your money in Germany is to set up your monthly payouts to a separate current/regular account ("Girokonto", "Basiskonto" or "Girokonto für Jedermann") that you have to open at a bank of your choice when you arrived in Germany. We have consolidated information on opening a separate regular bank account in the "Current Account" section of the Fintiba web application for those who are registered. Below we have provided a short infographic that outlines the most important steps you must take:
Comments
10 comments
Hello! I entered my phone number several times now, but still haven't gotten any mTAN? Could you please tell, what I can do in this case?
Kind regards
Zalina B
Hi!
When I arrive in Germany, I won't have a permanant address for a month, so how should do I the German address entry? Also what is the legitimation process?
Kind regards
Berk C. Ö
Hi! Do I have to fill the Certificate of Foreign Tax Status - W8BEN and send it to Sutor Bank as original, even if I am not a citizen of US?
Hello,
I have arrived in Germany and completed all my pending matters as the address, the phone number, the current bank account..etc and have updated my data on fintiba app.. Im not sure now whats the next step to be able to access my money and let my monthly pays be directed to my current account.. I d really appreciate your help in guiding me of what to do next..
Looking forward to your reply
regards,
Amena
Can I use N26 to transfer money from blocked account?
Hello. From January 8 to March 2, 2018, I have paid for language courses in Germany. I opened a blocked account to open a national visa. But since language courses last less than 3 months, the national visa was not opened to me. I have a Schengen visa. I transferred money to a blocked account for the duration of my stay. I will live with my relatives. How can I withdraw money upon arrival in Germany? Can I from a blocked account opened at Finbito transfer money to my existing account in my country (Belarus)
Hello, I have got my visa and uploaded copy of it, can you please guide me for the next step how to withdraw money or transfer it to another bank account in Germany ?
Hi, I want an applicant Visa (3 months and option to convert to a student visa if admitted). I just applied to a university but in case I don't get admitted I can continue looking for universities and extend my 3-month visa to 6 months. Do I need to show admission papers to use the money?
Hello! I entered my phone number several times , but still haven't received any mTAN. Could you please check what is the case? i receive sms from other services without any problems
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