Your advantages with DR-WALTER Blocked Account

The official requirements concerning a German blocked account are complex. For example, the German right of residence and the regulations of the European Commission need to be considered. Blocked Account fulfills all visa requirements of the Federal Foreign Office. Our partner Expatrio, who provides the online conclusion of Blocked Account, is officially recommended by many German embassies.

Opening your blocked account only takes a few minutes. All you have to do then is transfer the blocked amount. In international payment traffic this usually takes 3 to 5 days. As soon as the receipt of the sum is registered, you will get the officially approved confirmation of your blocked account for your visa application. In some countries, our partner Expatrio even offers real-time money transfers (e.g. Alipay in China).

The reason why Blocked Account is comparatively inexpensive is the highly professional and automated opening process of the blocked account. Our partner Expatrio consequently makes use of the latest information technologies in order to manage the necessary processes in a quick and simple way. Therefore you will hardly find a better online offer with a comparable processing time and comparable quality which is comparably inexpensive.

The money on your DR-WALTER Blocked Account is safe. The escrow services and payment provider MANGOPAY guarantees the correct and legally safe management of your blocked account.

We open the blocked account in your own name to ensure security and facilitate international money transfers.

Don't worry about bureaucratic hurdles, we will help you. Just open your blocked account online. The simple step-by-step online procedure automatically guides you through the opening process of your blocked account.

If after opening a blocked account your visa for Germany is rejected, Expatrio will transfer the full amount originally transferred back to you. There are no administrative fees, i.e. you will get back the full blocked amount, the opening fee of the blocked account and all monthly total fees.
The 100 € buffer is the only amount that may not be fully refunded if transfer fees were charged by the bank.

All participating partners offer the highest possible degree of competence in their respective fields:

DR-WALTER GmbH: expert in the field of providing safety for foreign visitors in Germany
Expatrio Global Services GmbH: your digital relocation partner
MANGOPAY: your competent partner in the fields of escrow services and secure payment transactions

For more than 60 years DR-WALTER has been a reliable partner in fulfilling the needs of foreign visitors. The brand DR-WALTER stands for everything that is mobile, open and active. DR-WALTER is a reliable partner for global travelers and companies. The staff of DR-WALTER GmbH works with commitment, passion and foresight to improve existing and develop new products, thereby providing customers with the best possible customer service and cover and supporting them wherever they need advice.
 

In 1959, Dr. Siegfried Walter registered his business as insurance broker. Until then health insurance for visitors from abroad did not exist, therefore Dr. Walter developed the first insurance cover for foreign visitors in Germany. Today, DR-WALTER is an integral part of both the German and the international insurance market.