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Open a blocked account, get insurance, and save on international transfers! Coracle and ApplyBoard are collaborating to make your path to study in Germany smoother and easier than ever.
Instantly get a blocked account with an IBAN (International Bank Account Number). Plus, enjoy the best price on the market: a one-time cost of €59, with NO monthly fees.
Receive easy, immediate confirmation of your blocked account the minute your funds arrive, to use as proof of funds on your German student visa application.
Get travel health insurance (which is mandatory for your student visa application) at NO extra cost. Coracle has you covered.
Access insurance services from Germany’s top health insurance providers, like TK, AOK, and Barmer. No extra charges or upfront costs.
Easily transfer money in your local currency and save money on international transfer fees.
With Coracle, track your blocked account transfer, payouts, balance, insurance status, and more on one simple dashboard.
Instantly get a blocked account with an IBAN (International Bank Account Number). Plus, enjoy the best price on the market: a one-time cost of €59, with NO monthly fees.
Receive easy, immediate confirmation of your blocked account the minute your funds arrive, to use as proof of funds on your German student visa application.
Get travel health insurance (which is mandatory for your student visa application) at NO extra cost. Coracle has you covered.
Access insurance services from Germany’s top health insurance providers, like TK, AOK, and Barmer. No extra charges or upfront costs.
Easily transfer money in your local currency and
save money on international transfer fees.
With Coracle, track your blocked account transfer, payouts, balance, insurance status, and more on one simple dashboard.
A “blocked account” is a special German bank account which is REQUIRED for international students and other visa applicants entering Germany.
Just like proof of funds requirements in other countries, this account shows the German government you have enough money set aside for your living expenses. The funds are “blocked” in the account, then released in parts on a monthly basis after you arrive in Germany.
Yes! Health insurance coverage is also needed to get a German student visa.
Germany has a great healthcare system, and having health insurance is mandatory for all students, including international students.
STEP 1
Complete and Submit your Application
Click below to create your Coracle profile and submit your application.
STEP 2
Transfer the funds
Deposit the required funds into your new blocked account: €11,904 (or €992 per month) for a year of living expenses.
STEP 3
Get confirmation
After depositing the funds, you’ll receive a confirmation letter or statement from Coracle.
STEP 4
Get confirmation
Submit the blocked account confirmation, along with all other required documents, as part of your student visa application.
Still have questions? Learn more about Coracle and its services.
For more details about Expatrio Blocked Account and Insurance services