Banque Belge pour l'Étranger Comptes Étrangers et Déclarations

As a global bank, Banque Belge pour l'Étranger offers a range of international account options to suit your needs.

You can open a foreign currency account in euros, US dollars, or other major currencies, allowing you to manage your finances in the currency that matters most to you.

Foreign currency accounts can be opened in a variety of denominations, from a few thousand euros to several million, making it an ideal choice for individuals and businesses with diverse financial needs.

To manage your foreign currency account, you'll need to file regular declarations with the bank, which can be done online or in person at a branch.

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Belgian residents must declare their foreign accounts directly to the Central Point of Contact for Financial Accounts and Contracts (PCC). This declaration must be made before or at the time of filing the personal income tax declaration for that year.

All foreign accounts held by Belgian residents must be declared, regardless of whether they are sole or joint account holders. This includes accounts held in the name of minor children, which must be declared separately by both parents at the PCC.

Each parent must declare their child's foreign account, not the child themselves. This means two separate declarations will be needed for each account held by a minor child.

The declaration to the PCC is a one-time process, but the existence of a foreign account must be reported annually on the tax declaration. On the other hand, a person acting as a representative for a foreign account does not need to declare it at the PCC.

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To declare your foreign accounts, you'll need to do it through the Point de contact central des comptes et contrats financiers (PCC). You can do this online, which is the quickest and easiest way.

You can declare your foreign accounts through the PCC's web application, making it a straightforward process.

The PCC requires a written declaration as well, so be sure to have all necessary information ready.

You'll need to declare each foreign account separately, even if you have multiple accounts with the same institution.

Once you've declared your foreign accounts, you'll need to mention their existence on your annual tax declaration.