Health+Travel Insurance Guidelines With QnA!
Newbies have many questions about blocked accounts and health and travel insurance. I will answer them in this post. This post will be pinned. Later, if anyone wants to know, give him the link of this post.
Q:- How much brother blocked amount?
Ans:- Currently 11,208 euros. May increase in future. On the surface, it can be seen that the block amount increases every two years.
Q:- Bro, will my block cost the equivalent of 11,208 euros?
Ans:- No. Additionally Fintiba/Coracle has account opening charges. For fintiba it is 89 euros currently. In the case of Coracle it is probably 99 euros. Apart from this 60 euro as transaction charge and 100 euro as buffer money. The buffer money is often sent to the bank without understanding But there is no reason to worry. You will get this buffer money back by going to Germany. Apart from this there is a student file opening charge. It is 3500 to 6500 taka depending on the bank. In addition, VAT will be charged at 1575 taka. Apart from this, you have to keep a deposit of 1000 rupees as a charge for opening a bank account, which is eligible for the offer. An initial deposit of Rs 5000 has to be made in EBL. 1000 rupees is available there.
Q:- What is the student file?
Ans:- Legal documents are required to send your money to blocked account in Germany. This legal documentation requires the student file. A student file is valid for 1 year.
Q:- Where to open the student file?
Ans:- At present several banks are known to deal with student files. Notable among them are EBL, Sonali, CT, BRAC, Standard Chartered. Among them Sonali Bank is the only one as far as I know which does not bother about your source of income. You can sponsor yourself if you want. If you don't have a problem with your sponsor then do it where you get the lowest euro rate. From the previous statistics, it has been seen that if the country's currency market is stable, the lowest rate is in gold. But since the currency market of our country is unstable in most cases, low rates in gold are very rare. EBL is normally less than other banks. You will look into all of them Do whichever one you find less. An interesting thing about Sonali is that you can deposit direct cash without opening a bank account.
Q:- Coracle or Fintiba?
Ans:- Very fast in Koracle mailing service. Fintiba is a bit slow as well. Fintiba will deduct a monthly charge of 4.9 euros per month after unblocking your blocked account in Germany which is not charged by Koracle. Fintiba has a mobile application which Koracle does not. and dont stress coz although it is not such a big issue. Anyone from a non-Schengen country can add money to Fintiba without a student file. No verification is required. But Koracle will do this verification. No one else can add money from Schengen countries on your behalf until they verify it. Fintibat doesn't usually bump money. A bump means a refund if money is transferred from the student file to a blocked account. But the Koracle has this record. Usually if they have any doubts about your source of income they will back the money instead of keeping it in blocked account. Again, this only happens when there is a problem with the sponsor. Otherwise no problem.
Q:- What documents are required to open a student file?
Ans:- Offer letter, passport and academic certificates.
Q:- When to block account?
Ans:- Any time between when you have the offer letter and your document submission mail at your convenience.
Q:- Where to get health insurance and travel insurance?
Ans:- Coracles do for those below 30 years of age. Choose Koracle Tk Public Health Insurance. With Coracle, you get free travel insurance. Moreover, Koracle does a lot of work in these areas. People aged 30 and over do not get public health insurance. You have to do it from your private health insurance company. There are many private health insurance companies. So I can't suggest any. You can choose yourself from the link below which will be better for you.
Q:- If the visa is rejected, will I get the money back of the blocked account?
Ans:- will get The account opening charge will be kept and the rest will be returned.
Q:- God forbid, if I die before going to Germany for any reason, will I get the block money back?
Ans:- will get Your parents or any other legal guardian can bring back the money through inheritance.
Q:- Bro I opened student file with one offer letter now i got another offer letter. Do I have to reopen the student file?
Ans:- Yes. (This is the bank's answer). no This is my answer. Offer letter is a validation. Legalization of why you want to send money. If you take the new offer you will have to open the file again and pay the charges again. What is needed? No one says these things openly like this. I told that too. But don't beat the drum about it.
Q:- How long does it take to open the student file and send the money?
Ans:- If you go early in the morning, you can finish the problem in one day. Otherwise it will take two days (if the bank account is already open). Bank account
If it is not opened, it will take two days minimum because it will take time to activate the account.
Q:- Brother, I have changed the offer letter, now I need to inform the health and travel insurance company?
Ans:- Of course. Email the details and attach the new offer letter.
Q:- When to open health and travel insurance and blocked account?
Ans:- On receipt of offer letter. (Remember opening blocked account and sending money to block and opening student file are all separate processes. Don't confuse them. First account opening then student file opening then transaction)
