Business banking in Belgium how to open an account, fees and options

Snapshot

You can open a business account in Belgium with a traditional bank such as BNP Paribas Fortis, KBC, ING or Belfius, or with a neobank such as N26 Business, Qonto, Revolut Business or Wise Business. A Belgian company number, the BCE or KBO number, and identity checks are usually required, as of 3 June 2026.

Can a non resident open: Possible, but usually requires a Belgian registered entity, a registered office and AML checks. Some neobanks offer remote onboarding. Verify with the provider.
Typical timeline: A few days with some neobanks, or about 2 to 6 weeks with traditional banks, as of 3 June 2026.
Free account available: Yes. N26 Business is advertised at no monthly fee for sole traders and freelancers, as of 3 June 2026.
Most providers: 10 or more business accounts

Fees and features as of 3 June 2026Last reviewed 3 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Opening a business account in Belgium means choosing between traditional banks and neobanks, then passing identity and business verification. Traditional banks such as BNP Paribas Fortis, KBC, ING Belgium and Belfius require a Belgian company number, the BCE or KBO number, and proof of a registered office. Neobanks such as N26 Business, Qonto, Revolut Business and Wise Business offer faster online onboarding, though some give a foreign IBAN and may not fully support Belgian features such as structured communication for government payments. Figures are shown as of 3 June 2026. Confirm current terms with the provider.

How business banking works in Belgium

Belgian companies generally need a business account once they are registered with a BCE or KBO number through the Crossroads Bank for Enterprises. Traditional banks bundle accounts into packages with an annual fee, while neobanks publish low or zero monthly fees for smaller users. The trade offs include cash handling, which traditional banks support and many neobanks do not, and the type of IBAN, since some neobanks issue a foreign IBAN that all SEPA members must accept but that can complicate certain domestic processes. Compare the items your business uses before choosing.

Who can open a business account

Registered Belgian companies and self employed people can open a business account. Foreign owners can open too, but usually need a Belgian registered entity, a registered office and to clear anti money laundering checks. A passport and proof of the company registration are typically required. Verify the current rules with the provider.

Traditional banks compared with neobanks

Traditional banks offer branches, cash handling, lending and full Belgian payment features, with annual package fees that commonly run from about EUR 24 to EUR 150 a year at BNP Paribas Fortis and about EUR 45 a year for the KBC Business PRO account, as of 3 June 2026. Neobanks such as N26 Business, Qonto and Revolut Business offer faster setup and lower headline fees, but may limit cash handling and issue a foreign IBAN. Confirm current pricing with each provider.

Requirements and documents

Most providers ask for the following before they open a business account. Verify with the provider

The company BCE or KBO number from the Crossroads Bank for Enterprises, and the articles of association where relevant.
Identity documents for the directors, authorised signatories and ultimate beneficial owners.
Proof of a Belgian registered office and evidence of the business activity, such as invoices or a business plan. Verify the current list with the provider.

How to open an account

Register the business and obtain the BCE or KBO number, then gather identity and company documents.
Choose a provider that fits your needs on cash handling, IBAN type and fees, and start the application online or in branch.
Complete identity and business verification, then confirm the current fees and features with the provider before you start using the account.

Compare business accounts available in Belgium

These providers accept business customers in Belgium. Fees and eligibility shown as of 3 June 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in Belgium

Can a non resident open a business account in Belgium?

Yes, but it usually requires a Belgian registered entity, a registered office and anti money laundering checks. Some neobanks offer remote onboarding, while traditional banks often expect a local presence. Verify the current rules with the provider, as of 3 June 2026. This is general information, not advice.

Is there a free business account in Belgium?

N26 Business is advertised at no monthly fee for sole traders and freelancers, as of 3 June 2026. Company accounts and traditional bank packages usually carry a fee. Compare the full fee schedule with the provider before applying.

How long does it take to open a business account in Belgium?

It can take a few days with some neobanks, or about 2 to 6 weeks with traditional banks, depending on the documents and verification required, as of 3 June 2026. Confirm the current timeline with the provider.

Do Belgian business accounts give a BE IBAN?

Traditional banks issue a Belgian IBAN that starts with BE. Some neobanks issue a foreign IBAN, which all SEPA members must accept, though it can complicate certain Belgian processes such as structured communication for government payments. Verify with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 3 June 2026. Confirm current terms with the provider before applying.