How Long Does It Take for Deutsche Bank to Open a Blocked Account for a Pakistani Citizen?

The process of opening a blocked account (Sperrkonto) with Deutsche Bank for a Pakistani citizen typically takes between 1 to 4 weeks. This timeframe is influenced by several factors, including the completeness of the application, the verification of documents, and Deutsche Bank's current processing times.

Step-by-Step Process

The steps involved in opening a blocked account with Deutsche Bank are as follows:

Application Submission

To begin, you must submit the required documents, which include proof of admission to a German university, identification, and proof of funds. Completing these steps thoroughly can help expedite the application process.

Verification

After submission, the bank will review and verify your documents. This process may take longer if additional information is needed. Once the bank has reviewed your documents, they will proceed to the next step.

Account Opening

If your application is approved, the account will be opened, and you will receive confirmation along with the necessary details. It's advisable to prepare all documents thoroughly and to check with Deutsche Bank directly for any specific requirements or updates regarding processing times.

Using a Digital Relocation Partner: X-Patrio

If you are using a digital relocation partner such as X-Patrio, the process can be significantly streamlined. X-Patrio will provide you with an application confirmation and a Pre-Contractual Information document as soon as you submit your application. Within 24 hours, you will receive an Opening Confirmation once X-Patrio has verified your passport.

Afterwards, you can transfer the required funds to the blocked account at Deutsche Bank, which is managed by ECO-Escrow Law Office Neuendorff and X-Patrio. As soon as X-Patrio receives your money, you will get a Blocked Amount Confirmation document, which you can use to apply for your visa. This process is notably faster and more convenient.

Once your visa is approved, your blocked account will be in place, and after your arrival in Germany, the final verification will occur. Your monthly disbursements will be set up, ensuring a seamless transition to your new life in Germany.

Conclusion

While the standard process with Deutsche Bank may take 1 to 4 weeks, using a digital relocation partner like X-Patrio can significantly reduce this timeframe, making the process faster and more convenient. By thoroughly preparing your documents and engaging with Deutsche Bank, you can ensure a smoother application process.