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August 2016Opening a Blocked Account The German Aliens Authority requires the opening of a blocked account to have proof that a foreign student is able to finance the first year of his/her stay in

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What is opening a blocked account?

Opening a blocked account is a financial account where withdrawals are restricted until certain conditions are met.

Who is required to file opening a blocked account?

Individuals who need to prove financial stability or security, such as international students or visa applicants, are required to file opening a blocked account.

How to fill out opening a blocked account?

To fill out opening a blocked account, individuals must provide necessary documentation and funds to establish the account according to the specific requirements of the financial institution.

What is the purpose of opening a blocked account?

The purpose of opening a blocked account is to ensure that individuals have sufficient funds to support themselves financially during their stay in a foreign country.

What information must be reported on opening a blocked account?

Information such as account holder's name, account number, amount deposited, and any restrictions on withdrawals must be reported on opening a blocked account.

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