Extending my blocked account

When will my payouts begin if I extend my blocked account?

If you extend your blocked account, your payouts will continue as scheduled for the amount of time you extended. Please note: we will need to have received your additional funds for you to receive th…

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In what case would I have to extend my blocked account?

When coming to Germany to study for more than 12 months, you must first block funds for 12 months. For the following months, your local Ausländerbehörde or foreigners office may require you to block…

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Can I block a different monthly amount in my extension than I blocked the first time?

Yes, you can block a different amount in your extension than you blocked the first time. If you have additional questions on this please email us at support@coracle.de

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How can I extend my blocked account?

To extend your Coracle blocked account, please email us at support@coracle.de with the number of months and amount per month that you wish to block.

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I used a different provider for my blocked account in my first year. Can I extend my blocked account with Coracle?

Yes, you can apply for an extended blocked account with Coracle even after having worked with a different provider in your first year. Note: If you are a new Coracle customer, the fee to open a block…

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What fees are associated with extending a blocked account?

If you are a first-time customer of Coracle, the fee for the extension blocked account for up to 12 months is 99 euros. If you held a blocked account with Coracle for your first 12 months as well, th…

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Do I need to add the buffer amount for my extension blocked account if I am already living in Germany?

No, you do not have to add a buffer amount while transferring money from a German account.

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Can I extend my blocked account if I still have remaining payouts within my first twelve months?

Yes, you do not have to wait to finish all payouts from your first twelve months to block the following months.

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Does Coracle provide an updated confirmation letter if I extend my blocked account?

Yes, we can provide you with an updated confirmation letter. You can either download this directly from the online portal or send us an email at support@coracle.de Please note: to send an updated con…

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