Banking in Belgium

Information on the banking system in Belgium. Find out how to open an account and what to do if your cards are lost or stolen, plus an overview of the banking services available...

Belgium has the largest number of bank branches per head in the world, and electronic banking is widespread. It is possible to carry out most transactions either at an ATM or using a computer. There are also some banks which operate entirely online, where it is possible to do everything from opening an account to using the bank's investment services.

All banks can charge for the products and services that they offer, and these can vary between banks. Personal accounts may be more expensive in Belgium than in the UK or USA, as banks charge separately for each service offered (such as debit and credit cards and Internet banking facilities), in addition to each transaction. Most banks offer a variety of packages for an annual fee, which includes the fees for bank cards, Internet banking access, some transactions at ATMs and usually some form of account insurance.

Major Belgian Retail Banks

Post Office Accounts

The Belgian Post Office (La Poste/De Post) offers banking services, and is generally cheaper than Belgian retail banks. One of the advantages of a Post Office bank account is that Post Offices generally have longer opening hours than other banks. They also have Internet banking facilities.

  • For further information on the services offered: Click here (in French & Dutch)