{"id":15885,"date":"2021-09-01T09:00:46","date_gmt":"2021-09-01T07:00:46","guid":{"rendered":"https:\/\/my-life.lu\/?p=15885"},"modified":"2025-04-02T10:26:17","modified_gmt":"2025-04-02T08:26:17","slug":"opening-a-bank-account-in-luxembourg-50027","status":"publish","type":"post","link":"https:\/\/my-life.lu\/en\/opening-a-bank-account-in-luxembourg-50027\/","title":{"rendered":"Opening a bank account in Luxembourg"},"content":{"rendered":"

About to move your family to Luxembourg? Coming here for your studies or about to start a new job here as a cross-border worker? Welcome! One of the things you will need to sort out is opening a bank account in Luxembourg. The good news is that this is a quick and straightforward process at most Luxembourg banks.<\/p>\n

How to open a bank account in Luxembourg<\/h2>\n

There are a good many banks in Luxembourg: whether you choose a retail bank, private bank, online bank or neobank, it\u2019s up to you to decide which is the best bank for you. Whether you want to open an account, or are looking for some specific services, many of these institutions have banking packages to match your situation and profile.<\/p>\n

If your financial requirements are both private and professional, the major banks offer entrepreneurs a competent contact person who can provide an overall response<\/strong><\/span><\/a> to all of their needs. You will have to work out what suits you best!<\/p>\n

Who can open a current account?<\/h2>\n

Firstly, if you aren\u2019t resident in Luxembourg, some rules and conditions apply to opening a bank account here, in addition to being over 18 and having legal capacity. If you live in the European Union, you are legally entitled to open an account in Luxembourg. If you live outside of the European Union, your situation requires closer consideration. In particular, certain restrictions may apply to US residents or citizens. In any event, check with the bank of your choice whether you are eligible to open an account.<\/p>\n

More generally, whether you are a cross-border or ex-pat employee, a student, or if you have another link to Luxembourg, one of the country\u2019s well-known banks can help you to open an account and find out more about all of the advantages of daily banking in Luxembourg<\/strong><\/span><\/em><\/a>.<\/p>\n

At some banks you can open your account entirely online.<\/p><\/blockquote>\n

Where and when can you open an account?<\/h2>\n

There are several options available to you to open your new bank account. You can either open your account in a branch, or you can start the process online and finalise it in a branch. You can also carry out all of the account opening procedures directly using your smartphone or tablet with the apps that some banks offer for a fully digital service.<\/p>\n

You can even use such an app to open an account before your arrival, providing you have all the necessary documents, in particular, an employment contract or a student attendance certificate.<\/p>\n

How to apply to open a bank account<\/h2>\n

Before applying to open a bank account, you must get all the required documents together. You will need your ID card (national ID card or passport) and your tax identification number (TIN) \u2013 also called you tax number or tax reference number.<\/p>\n