Sperrkonto popularly known as a blocked account in English is a requisite according to German Law for international students, vindicating their financial backing for their stay in Germany.
The blocked money can be redeemed in your German account after landing once address proof or enrollment is authenticated.

Fintiba acts as a customizable mediator between you and local german banks to make sure your blocked funds land in the right hands.

Recognized by the German Federal Foreign Office, Fintiba provides you with two packages namely Fintiba basic and Fintiba plus covering block account and block account along with travel as well as health insurance respectively.

Merely a passport which need not be certified by the embassy is required to open your block account.

The total cost of Fintiba’s block account is to be born into 3 parts;

• Blocked amount for entire amount - 10,332
• Initial fee - 89
• Buffer deposit - 100

Fintiba Basic	Fintiba Plus
Block account	Block account
-	Statutory Health Insurance(DAK) Private Health Insurance (MAWISTA Student)
-	Free Travel Health Insurance (MAWISTA Visum)
-	110 EUR Cashback
-	110 EUR Cashback

Upon your arrival, a health insurance confirmation will be given which further needs to be represented in universities for enrollment.
They will then forward the information to the insurer whereupon, a cashback registration link will be forwarded to you.

Note: You can avail of this cashback only after clearing the eligibility check of the Fintiba Plus package including DAK Gesundheit governmental health insurance.

• Free International Student Identity Card for 3 years allowing students to avail of the best discounts at cinemas, flights, etc.
• Special doctor and medical services such as video call with doctors.
• Customer helpline in almost 22 languages.
• Chat with DAK Consultants to clarify queries.