KBC
Local bankDGS €100k protectedBest for: Belgian residentsBest for: Full-service bankingBest for: Mobile app
Pros & Cons
Pros
- Deposit protection: DGS €100k (BE)
- Major Belgian bank
- local BE IBAN
- strong mobile app
- branch network
Cons
- No fully remote opening
Rating breakdown
Foreigner onboarding33
USD handling20
Transfers75
Value & fees30
Licence & deposit protection
DGS €100k protectedDGS €100k (BE)
This is a licensed bank, so eligible deposits are protected by the deposit guarantee scheme (DGS) up to €100,000 per customer. That's a key safety factor when choosing.
- Licence
- Bank · National Bank of Belgium
- IBAN
- BE
- SEPA Instant
- Send & receive
- Verification of Payee (VoP)
- Rolling out
Editorial review
KBC is a licensed bank (National Bank of Belgium), so eligible deposits carry DGS €100k (BE).
It is a local bank licensed in BE supporting EUR. FX model: Card-network rate + bank markup.
It tends to suit belgian residents, full-service banking, mobile app.
Fees & terms
- Exchange rate
- Card-network rate + bank markup
- Card cost
- Paid monthly account fee
- Currencies
- EUR
- Cards
- Global Physical, Global Virtual
- Transfers
- SEPA in/out, SEPA Instant in/out, SWIFT in/out
- Payments
- Apple Pay, Google Pay
- Licence
- Bank — National Bank of Belgium
- IBAN
- BE
- SEPA Instant
- Send & receive
- Verification of Payee (VoP)
- Rolling out
- FX model
- Card-network rate + bank markup
- Opening requirements
- Needs Belgian address; branch may be required
- English support
- Yes
- Remote opening
- No
- Headquarters
- Belgium
Also consider
FAQ
- Is my money protected?
- Yes. KBC holds a full bank licence (National Bank of Belgium), so eligible deposits are protected by DGS €100k (BE).
- What IBAN and transfers?
- KBC issues a BE IBAN. SEPA Instant: send + receive.
- Can I open remotely, in English?
- Opening may need a branch visit or local docs. English support is available. Requirements: Needs Belgian address; branch may be required.
Data provenance & verification
Every fact is checked against an official source and stamped with a date. We re-check fees quarterly and document requirements twice a year. Fields not yet independently verified are labelled honestly.
Updated: Dataset compiled: