I am a consumer and want to switch banks

Stay up to date with the latest measures from the financial sector

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Through the free bank switching service, you can change banks quickly & easily and without any interruption of your payment orders. Below you will find everything you need to know to switch your current or savings accounts to another bank.

Wich steps should you take to switch banks?

1. For a current account

Which steps should I take myself?

  • Open a current account at your new bank, either online or at a branch.
  • Apply for the bank switching service at your new bank through the application form.  

What do the concerned banks take care of afterwards?

 

Depending on the options you select on the application form, banks can help you with the following steps:

  • Move standing transfers and money transfers with memo dates to your new bank.
  • Cancel bank cards at your previous bank.
  • Closing of your current account at your previous bank.
  • Transfer your balance on your previous current account to your new one.
  • Informing your direct debit creditors and recurring payers of your new account number.
  • Informing you of blockages and/or restrictions on direct debits active at your previous bank.
 

After a few days, you will receive a list of your direct debit creditors and recurring payers who have been notified.

Do you prefer to contact these parties yourself? In that case, your new bank will provide you with the list of involved creditors and payers together with sample letters that you can fill in and send yourself.

 

More info about switching your current account? Read everything in our brochure.  

 

2. For a savings account

Which steps should I take myself?

  • Open a savings account at your new bank
  • Ask her via the application form to settle your previous savings account through the bank switching service

Which banks participate in the bank switching service for savings accounts?

  • Argenta 
  • BNP Paribas Fortis
  • Belfius
  • CBC Banque
  • Crelan
  • Fintro
  • KBC Bank
  • Bank Van Breda & co
  • Banque CPH
  • Beobank
  • Europabank
  • ING Belgium
  • vdk bank
 

Timing

 

The bank switch is carried out at least after 10 banking days and at the latest within a month of submitting your application. You can choose the date yourself on the application form.

 

Questions?

Do not hesitate to contact us via info@bankswitching.be.