For those doing business internationally or living abroad, opening an international banking account in Belgium can offer several advantages.
Belgium has a sophisticated financial system and is one of Europe's major banking hubs. With digital banking platforms now available, it's easier than ever to access global banking services remotely.
Guide to Doing International Banking in Belgium
Belgium's central position in Europe makes it conveniently located for companies doing business across borders.
The country is a member of both the European Union and Eurozone, providing seamless access to these large economic areas.
For those new to international banking in Belgium, it's important to choose the right financial partner. Look for a bank that offers multilingual support, as most major institutions in Belgium provide services in English, French, Dutch, and German at minimum.
It's also wise to open an account at a bank with a strong digital platform. In today's global business environment, international money transfers need to be made easily and affordably.
When selecting an international bank, consider one that offers competitive exchange rates on foreign currency as well as the ability to hold accounts in multiple world currencies.
Multicurrency accounts simplify accounting and reduce foreign exchange costs when receiving or sending funds internationally. Leading Belgian banks typically allow deposits and wire transfers in US dollars, British pounds, Chinese yuan, and more.
International companies also benefit from specialized services like treasury and cash management.
Advanced tools for liquidity forecasting, payment routing, and oversight of worldwide cash flows help large multinationals better navigate complex global finance.
For small import/export businesses just starting out in international trade, search for a bank that provides straightforward trade finance options like letters of credit.
In addition, Belgium has put in place a supportive regulatory framework for international business. The government offers tax incentives and other investment promotions to foreign companies setting up regional headquarters and shared service centers in the country.
With the right digital international bank to facilitate worldwide transactions, businesses gain a competitive edge operating from Belgium.
Which Online Bank Offers International Banking Services in Belgium?
One online international bank that provides banking services for Belgium is Jetonbank.
Operated entirely online and via mobile, Jetonbank is ideal for those seeking easy global banking access whether living in Belgium or elsewhere.
Jetonbank was established in 2015 and today has a presence across Europe. The bank has an offshore banking license from the Commonwealth of Dominica allowing it to take on clients worldwide.
Jetonbank is regulated by the Financial Services Unit in Dominica providing security and oversight for international customers.
Opening an account with Jetonbank is straightforward. Simply sign up online and upload identification documents. Funds can then be deposited and managed digitally through an app available on iOS and Android.
Customers receive a Mastercard or Visa debit card to make online and physical purchases globally. Excellent exchange rates are offered on currency conversions through the platform as well.
Jetonbank stands out for offering banking services commonly used by internationals. Its platform allows international money transfers, bill payment, trading, and crypto services all through a single account.
Additionally, the bank provides 24/7 multilingual customer support through phone, email or online chat to resolve queries quickly. With Jetonbank, internationals have a one-stop portal for accessing global banking on the go.
What Transactions Can Be Done with an International Banking Account in Belgium?
An international bank account in Belgium enables a wide range of cross-border financial transactions conveniently. Here are some of the main activities that can be performed:
- International money transfers - Send funds abroad quickly and securely through the banking platform. This can be useful for receiving income from other countries or managing business cash flows globally.
- Foreign currency exchanges - International banks offer live exchange rates when converting between multiple world currencies like US dollars, euros, British pounds, etc. This simplifies budgeting for multi-currency financial planning.
- Travel funds - Load money onto a debit card issued by the bank. Funds can then be withdrawn from ATMs worldwide while traveling for work or leisure.
- Bill payments - Access features like setting up international direct debits or standing orders to pay bills, subscriptions or services abroad promptly each month from one account.
- Trade finance - Leverage bank-backed trade instruments like letters of credit and collections for importing/exporting cross-border between multiple countries.
- Investing - Take advantage of a wide spectrum of online investment options from stocks and ETFs to cryptocurrencies on one borderless platform.
- Document uploads - Securely upload important documents like invoices, contracts or registries digitally from any location for organizational and reference purposes.
With a bank like Jetonbank offering these services, international banking from Belgium simplifies global financial management conveniently through a single online portal.
Best Digital Online Bank to Do International Banking in Belgium
In today's digital age, having an international banking partner that keeps pace with technology is important.
For the savvy global citizen, the best choice is an online digital bank optimized for international finance on the go.
Jetonbank is perhaps the leading purely digital international bank well-suited for customers based in Belgium or abroad. Its mobile app and web portal allow 24/7 access to banking services from any device wherever you are in the world.
Jetonbank stands out for:
- User-friendly interface tailored for worldwide customers with quick navigation and self-service functionality.
- Top-tier security with bank-level encryption, two-factor authentication and biometric logins protecting digital users and their assets.
- Wide coverage of over 50 currencies helping travelers, cross-border workers and companies track their finances seamlessly internationally.
- Quick, low-cost money transfers between Jetonbank accounts or to other banks with competitive exchange rates.
- Robust trading platforms for stocks, funds and digital assets integrated within banking services for sophisticated investment management on one dashboard.
Jetonbank's all-inclusive digital banking experience ensures seamless global financial services optimized for today's highly mobile individuals and businesses.
With this level of convenience, customers can focus on their ventures and adventures abroad rather than hassling with banking logistics. For true international banking, an online crypto bank like Jetonbank sets the standard in function and form.
Is it Safe to Open an International Bank Account in Belgium?
Concerns around security and regulation are valid when considering international finance. Thankfully, opening an account with a well-established online bank minimizes these risks.
Banks focused on worldwide markets like Jetonbank maintain high security standards common to leading financial institutions.
Account access requires two-factor identification whether logging in through our app or website. Transaction history and personal details are encrypted on banking servers meeting international compliance levels.
Regulatory protection comes from the bank holding valid operating licenses authorizing retail and commercial banking activity.
For example, Jetonbank is regulated under offshore banking laws of the Commonwealth of Dominica and abides by European Union directives governing cross-border financial firms. Strong oversight ensures customer money remains safeguarded and operations proceed responsibly.
Opting for an internationally-active licensed bank like Jetonbank that employs advanced digital safeguards provides the necessary piece of mind for storing funds and performing transactions between multiple countries.
Customers can rest assured regulatory authorizations and heightened cyber protections minimize risks to their global banking experience whether based in Belgium or elsewhere abroad.
Opening an international bank account with a trusted regulated digital provider like Jetonbank enables easy access to a full spectrum of banking and finance services remotely.
Internationals based in Belgium gain simplicity managing global cash flows, investments and trade through one secure digital platform. For ambitious entrepreneurs, professionals and travelers venturing across borders - an international bank account streamlines finances wherever opportunities may lead.
Speak to an advisor at Jetonbank now to see how they can empower your financial freedom globally.
