Private Banks in Belgium

Compare leading private banks and their services in Belgium

Market Overview

Market Size

€400 billion

Total private banking assets under management

Regulatory Body

FSMA (Financial Services and Markets Authority)

Primary financial regulator

Average Management Fee

0.4% - 1.3%

Typical fee range for wealth management

Private Banks in Belgium

Bank Minimum Investment Management Fee Key Services Heritage
Belfius Private Banking
€250,000 0.65% - 1.85%
  • Investment Advisory
  • Financial Planning
  • Insurance Solutions
Since 2012 Get Matched
KBC Private Banking
€500,000 0.70% - 1.95%
  • Investment Management
  • Estate Planning
  • Tax Advisory
Since 1998 Get Matched
ING Private Banking Belgium
€500,000 0.70% - 1.90%
  • Portfolio Management
  • Corporate Banking
  • International Solutions
Since 1762 Get Matched
BNP Paribas Fortis Private Banking
€750,000 0.75% - 2.10%
  • Wealth Management
  • Private Banking
  • Corporate Finance
Since 2009 Get Matched
BNP Paribas Wealth Management
€1,500,000 0.60% - 1.80%
  • Investment Management
  • Portfolio Management
  • Wealth Planning
Since 1848 Get Matched

Requirements and Documentation

Minimum Investment

€500,000

Typical minimum investment requirement

Required Documentation

  • Belgian ID/EU Passport
  • Proof of residence
  • Tax declaration

Key Regulations

Banking Law

MiFID II

Anti-Money Laundering Act

Frequently Asked Questions

What is the minimum investment for private banking in Belgium?

Minimum investments for private banking in Belgium typically start from €500,000, varying by bank and services required.

How are private banks regulated in Belgium?

Private banks in Belgium are regulated by FSMA (Financial Services and Markets Authority) under strict regulatory frameworks ensuring client protection and financial stability.

What are the typical management fees in Belgium?

Management fees for private banking in Belgium typically range from 0.4% - 1.3%, depending on the bank and portfolio size.

What services do private banks in Belgium offer?

Private banks in Belgium offer comprehensive wealth management services including investment advisory, estate planning, tax optimization, and family office services.

How do I open a private bank account in Belgium?

Opening a private bank account in Belgium requires meeting minimum investment thresholds, providing extensive documentation, and undergoing comprehensive due diligence processes.

What are the tax implications of private banking in Belgium?

Private banking in Belgium involves complex tax considerations including reporting requirements, tax optimization strategies, and compliance with international regulations like CRS and FATCA.

Ready to Find Your Perfect Private Bank in Belgium?

Take our 2-minute quiz to get matched with private banks that meet your specific needs and investment requirements.

🎯 Personalized matching
🔒 Completely confidential
âš¡ 2-minute process
🆓 Free consultation
Find My Perfect Private Bank →

Trusted by 10,000+ high-net-worth individuals worldwide