Blocked Account and Health Insurance for your stay in Germany
Get the full package now – including free travel health insurance worth € 95.001
Fintiba X Munich Business School
Munich Business School (MBS) is a state-recognised private international business school located in Munich (Bavaria, Germany). It offers various programs in cooperation with other business schools from around the world, and around 650 people are currently studying at MBS – from bachelor and master students to MBA and DBA candidates.
Together with Fintiba’s customised digital solutions, MBS supported international students on their way to Germany.
Fintiba Basic
Blocked Account
| Officially approved by the German Federal Foreign Office |
| From account opening until money payout: fastest blocked account solution |
| Instant blocking confirmation after a credit card payment via Fintiba Transfer |
| Account opening in your name at a trusted German bank with German IBAN |
| Highest security guarantee |
| Easy money access in Germany – no city registration needed |
| App-based step-by-step guidance |
Advantages also included in the Plus packages
Initial fee of € 89.00 | Monthly fee of € 4.90
Fintiba Plus
Blocked Account + Health Insurance
| 1. German Blocked Account |
| 2. FREE Travel Health Insurance worth € 95.00 |
| 3. Customised Health Insurance for your stay |
| 4. Instant blocking confirmation after a credit card payment via Fintiba Transfer |
Free extra benefits:
| Free choice of current accounts |
| Welcome Guide |
| Exclusive language learning offers |
| Study Guide access |
| Fintiba Community access |
| Annual scholarship opportunity |
⭐ Favourite choice of international students
Blocked Account: Initial fee of € 89.00 | Monthly fee € 4.90
Health Insurance: No initial fee | Monthly fee starting at € 25.00
Fintiba Plus Protect
Fintiba Plus + Liability Insurance
| 1. German Blocked Account |
| 2. FREE Travel Health Insurance worth € 95.00 |
| 3. Customised Health Insurance for your stay |
| 4. Instant blocking confirmation after a credit card payment via Fintiba Transfer |
| 5. Liability Insurance |
Exclusive benefits:
| All benefits of the Plus package in addition to |
| Cover against key loss |
| Cover against unjustified claims |
| Apartment damages are included |
| Fulfills common prerequisites for rental contracts |
Includes all advantages of the Plus Package
Blocked Account: Initial fee of € 89.00 | Monthly fee € 4.90
Health Insurance: No initial fee | Monthly fee starting at € 25.00
Liability Insurance Annual fee of € 55.00
* With our new OCR technology, your passport will be verified within minutes and you are ready to transfer your money right away. Please note that Russia (RU), Ukraine (UA), Cuba (CU), Iran (IR), Syria (SY), North Korea (KP) and the region Crimea are at the moment not eligible for this process. Alternative passport verification options are available for those countries which as well ensure a fast blocked account opening.
Preparing your visa application has never been easier
Get your blocked account together with the required health insurance within one solution covering everything from your visa appointment until the enrolment at your university – everything fully digital and app-based. Save time and let us take care of what you need for your stay in Germany.
Everything will be individualised to your personal situation
By just providing us with a few details about your person and your plans in Germany we evaluate which health insurance your tailored package needs to include
Advantages of the Fintiba Plus package
Blocked Account
Save time & money on your international transfer and pay in your money with Fintiba Transfer. Enjoy zero transfer fees, great currency exchange rates as well as a fast & transparent process.
Travel and Private Health Insurance 
Travel Health Insurance
-
- Free of charge within the Fintiba Plus package1
- In accordance with all authority requirements2
- Unlimited insurance coverage (more than € 30,000.00 are covered)
- Valid for the agreed period within 12 months from the applied start of insurance – multiple entry and exit is possible
- Coverage complies with the requirements of the European Parliament and Council
- Including travel liability insurance
Private Health Insurance
- Valid for 60 months (automated cancellation in case you switch to governmental health insurance)
- The insured services are paid 100% by the insurer (with the exception of maximum limits for special services such as glasses or dental prostheses)
- Insured region: Germany and the states of the EU (+ Switzerland, Liechtenstein, Norway and Iceland)
- Free choice between the Classic and Comfort tariff
- Including an insurance card in the Comfort tariff, to identify yourself when seeing a doctor
Travel and Private Health Insurance
Travel Health Insurance
- Unlimited insurance coverage (more than € 30,000.00 are covered)
- € 0.00 self-retention
- Valid for the agreed period within 12 months from the applied start of insurance – multiple entry and exit is possible
- Free of charge in case your visa has been refused
- Coverage complies with the requirements of the European Parliament and Council
- Including travel liability insurance
Private Health Insurance
- Valid for 60 months (automated cancellation in case you switch to governmental health insurance)
- The insured services are paid 100% by the insurer (with the exception of maximum limits for special services such as glasses or dental prostheses)
- Insured region: Germany and the states of the EU (+ Switzerland, Liechtenstein, Norway and Iceland)
- Free choice between the Classic and Comfort tariff
- Including an insurance card in the Comfort tariff to identify yourself when seeing a doctor
The Fintiba Plus package always includes a “Blocked Account” to prove your sufficient financial means as well as “Travel Health Insurance”. These two aspects are a prerequisite to receiving a visa for Germany.
The Blocked Account is officially approved by the German Federal Foreign Office and therefore recognized worldwide. Fintiba is the most experienced blocked account provider and market leader for digital blocked accounts since January 2017. With customers from over 190 countries, we have great knowledge in all country-specific eventualities and can, therefore, guarantee the best customer support.
The Blocked Account can be opened completely online and within only a few minutes. You will get access to your personal Fintiba account where you can manage the required actions for the account opening. As soon as the account is successfully opened, you will be able to transfer money to the blocked account which is opened in your own name. Immediately after the money has arrived, the blocking confirmation for your visa appointment will be issued automatically.
For more information on the blocked account click here.
The Fintiba Plus package includes the “MAWISTA Visum” as travel insurance which is issued for a duration of 183 days. The health insurance is provided via our service partner MAWISTA and the coverage complies with the requirements of the council regulation (EC) no. 810/2009 of the European Parliament and Council as of 13.07.2009 and is unlimited. The health insurance protects you from the high costs of illness or accident during your stay.
Below, you can find the most important benefits of the travel health insurance which are included in the Fintiba Plus package:
✔ Outpatient treatment
✔ Inpatient treatment
✔ Medicines and dressings
✔ Pain-killing dental treatment and repairs of dentures and provisional measures up to € 250.00
✔ Transport costs to the nearest suitable hospital
✔ Funeral or repatriation costs (max. € 25,000.00)
✔ Repatriation to home country *
✔ Treatment of existing diseases until the insured person can be transported again after the insurance protection has expired, limited to 45 days
✔ Travel liability insurance
Depending on your needs, the Fintiba Plus package may include the “MAWISTA Student” as private health insurance.
Below, you can find the most important benefits of the private health insurance which is included into the Fintiba Plus package:
✔ Outpatient treatment
✔ Inpatient treatment
✔ Medicines and dressings
✔ Aids-related to the accident (not including sight aids and max. € 250.00)
✔ Medical treatment (e.g. massage), up to 8 per insurance year
✔ Analgesic dental treatments, denture repairs and temporary solutions (max. € 500.00)
✔ Transport costs to the nearest suitable hospital
✔ Pregnancy, childbirth and their implications
✔ Funeral or repatriation costs (max. € 25,000.00)
✔ Repatriation to home country
The Fintiba Plus package includes the governmental health insurance from “DAK-Gesundheit“. The insurance covers the costs for your treatment with a doctor, dentist or in a hospital. Moreover, it bears the costs for medicines which your doctor prescribes to you.
For more information on the insurance coverage, you can download the info flyer of DAK Gesundheit.
The Fintiba Plus package includes a free Travel Health Insurance worth € 95.00. This also applies to customers whose package does not include governmental health insurance!
Students who are eligible for the governmental health insurance will be switched to DAK from the day of their official enrolment. Students who have (interim) private health insurance included in the package will be switched over to MAWISTA Student after their arrival in Germany in order to align with the requirements for the residence permit.
Please note that the respective insurance conditions always apply.
In case your visa is rejected or in case you need to cancel your duration earlier than expected after you arrive in Germany, it is always possible to completely close your Fintiba Plus package. Depending on your specific situation, one of the following processes will apply:
- In case you are in your home country and your visa was rejected/you withdrew your visa application, or you did not even apply but want to cancel your trip to Germany, we will need an official confirmation from the German embassy or consulate which allows us to close your account and your Fintiba Plus package respectively.
Note: In case of a visa denial, the visa rejection letter is a valid document to close your account. Afterwards, the reversal transfer will be executed to the original account where the money came from. Please note that the process can take 3-4 weeks until the money is in the account.
- In case you are already in Germany and want to cancel your stay for any reason, we will need an official document from the Foreigners Office (Ausländerbehörde) which allows us to close your blocked account. Afterwards, we will transfer the money back to the account it came from.
Note: If you are already legitimated, we will be able to transfer the money to your German current account too, depending on your instructions.
Upon successful closure of the account, both your Blocked Account and your Health Insurance products, depending on your package type, will be cancelled for you. Please be advised that the following documents CANNOT be accepted to close the Fintiba Plus package: de-registration letter (Abmeldebestätigung), border-crossing certificates (Grenzübertrittsbescheinigung), stamp in your passport when you re-enter your home country, declaration of commitment or self-created documents.
For more questions regarding the Fintiba Plus package, please check our Help Center.
In the following you can find the differences between DAK and other statutory health insurers.
DAK covers many additional services not covered by other health insurance companies, such as:
- Subsidy for professional dental cleaning at the dentist of your choice
- Regular Check-up for insured persons under 35
- HPV vaccination (also for male insured persons)
- Cancer prevention: breast ultrasound
- Dialysis abroad
- Acupuncture above legal standard
- Balneology, Electrotherapy, Hydrotherapy, Neural therapy and Phototherapy
Overview of the initial and monthly fees of the package
| Your Fintiba Service | Initial Fee | Monthly Fee |
|---|---|---|
| Blocked Account | € 89.00 | € 4.90 |
| Travel Health Insurance | FREE | |
| Private Health Insurance (if applicable) | € 25.004 | |
| Governmental Health Insurance | € 121,565 |
Here’s what our customers think about our service
[testimonial_rotator id=6778]
1 With the Free Travel Health Insurance in the Fintiba Plus package, you can save up to € 95.00. Please note that your right to free travel health insurance will expire if you do not activate either the private or statutory health insurance included in the package.
2 We will issue an insurance confirmation which is valid for 183 days.
3 With our new OCR technology, your passport will be verified within minutes and you are ready to transfer your money right away. Please note that Russia (RU), Ukraine (UA), Cuba (CU), Iran (IR), Syria (SY), North Korea (KP) and the region Crimea are at the moment not eligible for this process. Alternative passport verification options are available for those countries which as well ensure a fast blocked account opening.
4 The MAWISTA Student Classic tariff costs € 25.00 per month for people up to 29 years of age. For people from 30 years up to 39 years of age the costs increase to € 38.00 per month. The MAWISTA Student Comfort tariff costs € 60.00 per month for people up to 29 years of age. For people from 30 years up to 39 years of age the costs increase to € 89.00 per month.
5 The payment of the fees starts after enrolling at the university. DAK charges € 121,56 for persons under 23 years of age and € 124,40 for childless persons over 23 years of age. In general, the current tariffs of the insurer apply. For all the bargain hunters: Don’t worry. The statutory insurance contributions for foreign students are the same for all health insurance companies. In comparison, DAK-Gesundheit is one of Germany’s biggest statutory health insurers and one of the longest established, with more than 230 years of experience. And remember: with Fintiba Plus you will save up to € 95.00 on your travel health insurance.