After receiving your blocking confirmation, your funds are officially considered 'blocked'.
For the process of releasing the funds for your payouts in Germany, we will guide you thoroughly through every step in your Fintiba App. In general, the following order of actions and documents is needed:
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Your visa or residence permit document - To continue, you need to provide us with the permit document received from your visa application, allowing for your stay in Germany.
Typical formats: Visa, Fiktionsbescheinigung, Residence Permit - Legitimation documents - Depending on your circumstances, you may need to complete a full legitimation based on banking regulations and Know Your Customer standards. In this case, we offer you the best solution for your situation directly with given instructions and related documents, if applicable.
That's it! As soon as you completed these steps, you can enter your SEPA bank account IBAN within your Fintiba App and start receiving your payouts!
Some links that might be interesting to you:
How can I access my blocked amount when I arrive in Germany?
I have been asked to go through the video legitimation. How does it work?
How can I close my Fintiba account?