All Belgian residents are obliged to declare their foreign accounts. A body of the Belgian National Bank manages the collection of accounts: the Central Contact Point (CCP) for financial accounts and contracts.
💡 New online banks are generally based abroad. For example, N26 in Germany, Revolut in the UK, Bunq in the Netherlands or Wallester in Estonia.
Do you have a foreign account?
Reporting to the PCC only concerns account holders and joint account holders, not authorised representatives.
All types of account must be declared, as long as they are opened in a foreign bank, exchange, credit or savings institution:
current account
savings account
securities account
cryptocurrency account, etc
Stripe, Paypal,... (if used for business purposes, or if there is a balance remaining on this account)
⚠️ Both parents of a minor child with a foreign account (the declaration must be made in the name of each parent).
💡 Even if you have no transactions on the account or if the account has a zero balance, you must still declare the account.
One-off declaration via the PCC
The PCC declaration must be made before the personal income tax (IPP) declaration. This declaration is made only once.
If there are any subsequent changes, such as closing the account, you must notify the PCC.
Annual declaration via the IPP declaration
Each year, you must validate the existence of a foreign account in the IPP declaration.
Need help declaring an account to the PCC? Contact the live-chat below right 😇
See you soon 👋🏻