How much does the blocked account cost?

The Fintiba Blocked Account offers the fastest-in-market way to opening your account, getting your blocking confirmation and to accessing your money when you arrive in Germany. When you transfer the blocked amount, you will only be charged an initial account set-up fee of € 89,00 and an additional € 4,90 administration fee per month. This covers the costs of the underlying banking infrastructure and costs that incur for your account management at Sutor Bank.

For students, we can only recommend going with Fintiba Plus instead of just a standalone blocked account. With Fintiba Plus, you get your blocked account together with the required health insurance within one solution covering everything from your visa appointment until the enrolment at your university – everything fully digital and app-based. You can save time and let us take care of what you need for your stay in Germany. 

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When does the payment of the administration fees start?

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