What are the advantages of the Fintiba blocked account?

  • Blocked Account officially approved by the German Federal Foreign Office & accepted worldwide
  • Account opening within less than 10 minutes*
  • Blocked Account openings in the name of the student to guarantee security and facilitate international money transfers
  • Highest security of the money due to the German deposit protection fund
  • Automated blocking confirmation as soon as the money arrives
  • German Euro account at a renowned German bank (No problems with conversion rates or at local authorities)
  • Saving on monthly fees in case the visa is rejected 
  • No registration letter (Anmeldung) is needed to ensure fast money access in Germany
  • Step-by-step guidance through the process in the Fintiba app (e.g. account balance can be checked)
  • Multi-language Customer Care providing step by step guidance through the process

* With our AI technology, your passport will be verified within minutes and you are ready to transfer your money right away. Please note that Russia, Ukraine, Cuba, Iran, Syria, North Korea and the region of Crimea are at the moment not eligible for this process. Alternative passport verification options are available for those countries which as well ensure a fast blocked account opening.

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