KBC/KBC voted Best Bank in Belgium for a staggering sixth time in a row. Euromoney – one of the world’s leading professional magazines for the financial sector – honoured KBC yesterday with its coveted ‘Best Bank’ award. KBC was voted Best Bank in Belgium for a staggering sixth time in a row.
The Top Banks in Belgium are: Argenta. Founded in 1956, Argenta is headquartered in Antwerp. It is the fourth largest of the banks in Belgium. Its core business consists of savings and investment products, loans, and insurance products. The bank employs around 2,500 staff, as of the end of 2015.
How do I know which bank to choose?
8 steps to choose a new bank
- Identify the right account.
- Look for banks that charge low or no fees.
- Consider the convenience of a bank branch.
- Take a look at credit unions.
- Find a bank that supports your lifestyle.
- Examine digital features.
- Understand the terms and conditions.
- Read reviews for banks you’re considering.
Which bank is best for students in Belgium?
According to us, the best bank account option for Erasmus and international students in Belgium is the “Hello4You” bank account, by BNP Paribas Fortis.
Can foreigner open bank account in Belgium?
Opening up a bank account for foreigners in Belgium is easy and straight forward. You can open an online account without setting foot in a bank or just go to any bank office and take a proof of identity – a passport or a Belgian ID is usually enough – and you will get a bank account in no time.
How do I choose a bank for my first time?
What Qualities Should I Look for in a Good Bank?
- Low Fees. Overdraft fees, ATM fees, and monthly maintenance fees, oh my!
- High Interest Savings Rates. If you really want to get more bang for your buck, interest rates can be a big deal.
- User-Friendly Online Accessibility.
- Strong Security.
Which bank account is best?
Top Savings Bank Accounts of 2022
What is the best bank for expats in Belgium?
The top 3 banks in Belgium that provide expat services are:
Can I use my debit card in Belgium?
What should I know about using my debit and credit cards in Belgium? Major providers such as American Express, Mastercard, Visa, Cirrus, and Maestro are widely accepted at major restaurants, stores and hotels in Belgium. However, not all smaller stores and grocery shops will accept your card.
What is needed to open a bank account in Belgium?
To open a bank account in Belgium, you need to show proof of identity (passport or ID card) and proof of your address.
Do I need cash in Brussels?
While it’s true that the majority of payments in Belgium are made with cards, it’s always a good idea to have some euro cash. You will find some smaller vendors that only accept cash.
Do people use cash in Belgium?
The number of transactions in cash is falling but is still very high in Belgium, according to a new study by the European Central Bank on payments in the euro area. In our country, an average of 58 % of all payments were still made in cash in 2019.
Do banks work on Saturday in Belgium?
Banks and public offices are typically open from 9:00 a.m. to 4:00 p.m. (Monday to Friday). Retailers are typically open from 9:00 a.m. to 6:00 p.m. (Monday to Friday), but some close on Monday in the morning. Supermarkets are typically open from 9:00 a.m. to 8:00 p.m. (Monday to Saturday).
Can you open a bank account with just a passport?
But is your passport by itself enough to open a bank account? Not quite. While it does allow you to meet the photo ID requirement, there are typically other things you’ll need to show the bank to prove your current address and tax status. Learn more about the requirements for opening a bank account.
How expensive is a bank account?
According to a recent MyBankTracker study, the average checking account fee at top U.S. banks is $9.60. Amounts average between $0 to $20, with many finding a middle ground at either $7, $10 or $12. The table below compares what some of the big banks charge for their basic checking accounts.
How much does it cost to open a bank account?
Things to Consider while Opening a Bank Account
Public sector banks typically have no or modest minimum cash-balance requirements for accounts (Rs. 500-1,000); however, most private players would require a higher minimum balance (Rs. 5,000-10,000 or more).
When choosing a bank it is important to consider?
The two factors we’ve considered so far—the type of institution you choose and the amount it will cost you in fees or lost interest—are the most fundamental aspects of choosing a bank. However, most banks will also offer a range of other services, discounts, or features that may be crucial for you.
Does it matter what bank I use?
Your bank should fit your money needs. Not every banking institution has the same fees, interest rates, services or even types of accounts, so it’s helpful to compare the details that matter to you. Here are steps for choosing a bank. Skip down to a table to compare the pros and cons for types of banks.
What are the services offered by the Belgian banks?
It is Belgium banks founded in 1964 by the international bank of Washington is a U.S. holding company. The main product and services offered by banks are Consumers loan, mortgage, Saving accounts and deposit, Investment etc. They mainly offer services to the shipping and insurance industry.
How to open a bank account in Belgium?
Opening a bank account in Belgium. To open a current account in Belgium (compte à vue/zichtrekening), you need either a passport or Belgian ID card as proof of identity and typically proof of residence. Once the account is opened, your Belgian bank will send you a Bancontact/Mister Cash Belgian debit card to your registered address or arrange