Your Business Account in Belgium 🇧🇪

Yes, foreigners can generally open a business bank account in Belgium as long as they have a company registered in Belgium. Specific procedures might vary from one bank to another. It is recommended to contact the chosen bank directly to understand their requirements for opening a business account as a foreigner.

Expect at least a few weeks to complete the necessary paperwork, undergo any required due diligence checks, and have the account fully set up. It's advisable to contact specific banks for more precise information on their processing times.

Typically, you will be asked to provide identification documents for the account signatories, proof of business registration, articles of association, a company address, and any other necessary documentation as specified by the bank.

The cost of opening a business bank account in Belgium can vary depending on the bank and the specific services you require. Some banks may charge an account opening fee, while others may waive it as part of their promotional offers. Additionally, there may be monthly maintenance fees and transaction fees associated with the account. It's recommended to check with different banks to compare their fee structures and find the most suitable option for your business.