After submitting your Blocked Account application online, we will proceed with the identification and verification stage. If identification and verification are done successfully, you will receive the 05 Account Opening Confirmation document within 24 hours to your email.
Below is the example 05 document, let’s go through the details!
Check if your Date of birth and Name are written correctly.
(if there is any problem please send an email to email@example.com to correct the
information before you transfer the amount)
We know many raise question marks on ‘Eric Neuendorff’. Let us explain it nice and clear for you.
X-patrio can securely store and manage customers’ funds by utilizing ECO-ESCROW service provided by the Eric Neuendorff law firm.
- What is this ESCROW then?
An escrow account is commonly known as an account that you can deposit freely but
withdrawal is limited. Moreover, this account’s security is guaranteed by the
government certified 3rd party. Click here for detailed information.
In other words, Eric Neuendorff law firm is the certified 3 rd party between X-patrio(with the customer) and the Federal Republic of Germany.
This is why customers are transferring money to Eric Neuendorff’s ESCROW account, and because of escrow account’s distinct characteristic, the fund is secured for both parties; X- patrio (with the customers) and the Federal Republic of Germany.
Therefore, please fill in the Recipient Detail as it is stated on the 05 Account Opening
Confirmation. If you put your name in as the recipient, the money WILL bounce back.
If you need further detail or explanation regarding ECO-ESCROW, please don’t
hesitate to contact us.
firstname.lastname@example.org / +49 (0) 30 959 990 770
Go to your local bank or by online banking, proceed with international remittance. Double check details on the document, see if there are any typos or wrong numbers. ('ß' can be replaced with ‘ss’). The most important part is the REFERENCE TEXT!
You must write your USER ID and you PASSPORT NUMBER in Description/ Payment Detail /Reference field.
If these details are missing and we cannot track the sender of the fund, we might have to request additional documents or in worse cases, we won’t be able to identify the fund and this might cause a severe delay in opening Blocked Account. For fast and accurate opening procedure, don’t forget to write your UserID and Passport number.
Moreover, you must transfer the fund from a bank account under your name. Even if you have to split the amount, it is still better than transferring from the third party’s account (family, friend, etc.)
- You need to submit additional documents if a 3rd party transferred your Total Blocked Amount.
Please provide 3 different documents to satisfy the requirements. You cannot use one document for two requirements. For example: The National ID card may be a proof of identification or proof of address.
1. Proof of the 3rd party's Identification: Passport or ID card (color)
2. Proof of the 3rd party's address: Utility bills, ID cards or monthly bank statements, telephone bill, etc
3.Proof of Bank Transfer: Receipt of transfer from the bank
You can attach them to an email with your X-patrio user ID in the subject line to email@example.com
Double check the Total Blocked Amount and make sure you transfer the EXACT amount as stated on the 05 Account Opening Confirmation document. Unexpected fees will be covered by the 100EUR Buffer*. If you transfer too much money, we will have to return the fund back to you due to German monetary law. (For example, you sent us 9849EUR instead of 8849EUR)
Please send us the exact amount.
*Buffer is to prevent your fund from arriving insufficient because of the unexpected transfer commission fee or to cover commission fees when we have to send the fund back to you. If the 100EUR Buffer has not been used or partially used, we will return it to you with the last monthly deposit from your blocked account into your personal German bank account.