What is the cheapest business account in Luxembourg in 2026?
▼BIL Pro is the cheapest business account at
€5/month and per account (credit card optional).
POST Pack Club at €6/month is reserved for associations and NGOs without employees. For a sole trader,
BGL Pack Essentiel Pro at €9/month includes a debit card and full e-banking.
See our full comparison → Does a Luxembourg company need a business account?
▼Yes for capital companies (SA, SARL): the share capital must be deposited in a blocked bank account before incorporation. For a sole trader or liberal profession, a business account is not a strict legal requirement but is strongly recommended to separate private and professional accounting.
Do business account fees include VAT?
▼Account keeping and payment services are
VAT-exempt financial services in Luxembourg, so the monthly fee shown is the amount actually charged. Some ancillary services (payment terminals, EBICS, mail management) are however subject to the
17% VAT.
Understand banking fees →Which business account should a sole trader or freelancer choose?
▼Several options work depending on your priorities. BIL Pro Silver (€15/month) includes debit and credit cards, 30 monthly SEPA transfers and BILnet + MultiLine e-banking. Spuerkeess Zebra Business (€12.50) and POST Pack PRO (€20, 100% digital) are other relevant options. Compare based on your need for a credit card, your transfer volume and your branch-versus-digital preference.
What is MultiLine and why does it matter for a company?
▼MultiLine is the Luxembourg multi-user and multi-bank professional e-banking platform. It lets you manage several accounts and banks, set signing rights and automate payments. Most pro packages (BGL, Spuerkeess, BIL, Raiffeisen, POST PRO+) include it.
How do you open a business account in Luxembourg?
▼The bank runs a KYC process: company articles of association, Trade and Companies Register (RCS) extract, beneficial-owners register (RBE), directors' identity documents and proof of activity. Timelines range from a few days to a few weeks depending on the structure complexity.
Which bank suits a shop with a card payment terminal?
▼BIL Pro Payment (€59 ex-VAT/month) includes a
PAX A920 terminal (cards, QR, Payconiq, Apple Pay, Google Pay); an additional terminal costs from €40 ex-VAT/month, and the pack grants
−50% on the file fees of an overdraft facility or an investment loan.
BGL offers acquiring via
Axepta BNP Paribas with 3 to 5 months' subscription free and up to 15% off a POS terminal depending on the pack.
POST offers
Tap on Mobile, turning a smartphone into a contactless terminal. Choose based on your card transaction volume.
See also our business mobile plans → Can you deposit a company share capital in these accounts?
▼Yes. All major Luxembourg banks (BGL, Spuerkeess, BIL, Raiffeisen, POST) open a blocked deposit account for the share capital when incorporating an SA or SARL, then convert it into a professional current account once the company is registered with the RCS.
Which business bank should you choose in Luxembourg in 2026?
▼In September 2026, the best business bank is chosen by profile, with the numbers behind it. Cheapest: BIL Pro at €5/month per account (cards optional), ahead of POST Pack Club (€6, reserved for organisations without employees) and BGL Pack Essentiel Pro (€9, no card included). Self-employed / freelancer: BIL Pro Silver (BIL Visa Debit + Visa Business, 30 SEPA/month, BILnet + MultiLine). SME / high volumes: Spuerkeess Zebra Business Plus (36 SEPA/month then €0.30, 2 Visa Business, servicing fee waived, −25% on credit application, with the solidity of the State-owned AA+ bank). Fully digital: POST Pack PRO (unlimited online transfers, Tap on Mobile, fee-free worldwide withdrawals). Card terminal (POS): BIL Pro Payment (€59 excl. VAT/month, PAX A920 terminal included, −50% on credit file fees). International flows: BGL Pack Exclusif Pro (unlimited SEPA, 11 currencies, remunerated account). Associations and clubs: Spuerkeess Zebra Associatif (€3.50/month, free Visa Debit, 24/7 cash deposit). Each profile has a named winner above.
How much does a business account cost in Luxembourg in 2026?
▼A business account ranges from about €3.50/month (Spuerkeess Zebra Associatif, associations only) and €5/month (BIL Pro, per account) to €20–30/month for a full package (POST Pack PRO and PRO+), with BGL Pack Essentiel Pro (€9) and Spuerkeess Zebra Business (€12.50) in between. Solutions with a payment terminal (BIL Pro Payment, €59 ex-VAT/month) cost more. Add the cards that are not included (€2/month for a Visa Debit at BIL Pro and BGL Essentiel Pro, €20 to €55/year for a credit card) and, at Spuerkeess, the servicing fee. Account-keeping is VAT-exempt; some add-on services (terminals, EBICS) carry 17% VAT. Compare based on your number of transfers and card needs.
Can you open a business account remotely in Luxembourg?
▼Partly. Some banks let you start the application online and offer 100% digital management (POST Pack PRO, BIL/BGL solutions). But the KYC procedure remains demanding: articles of association, RCS extract, beneficial-owners register (RBE), directors' IDs. A meeting (in branch or by video) is often required, especially for a capital company and the capital deposit. Allow a few days to a few weeks.
Do pro neobanks like Qonto or Revolut Business work for Luxembourg companies?
▼They are handy for day-to-day management (cards, expenses, accounting, multi-user) and often cheaper. But they provide a foreign IBAN and, crucially, generally do not allow you to deposit the share capital of a Luxembourg company: incorporating an SA/SARL requires an escrow account at a bank established in Luxembourg. Many companies combine a Luxembourg bank (capital, loans, MultiLine) with a neobank for operations.
Have business SEPA transfers become safer and faster since 2025?
▼Yes, on two counts. Verification of Payee (VoP): since 9 October 2025, Luxembourg banks check that the payee's name matches the IBAN before any SEPA transfer (instant and standard) — an anti-fraud measure useful for supplier payments. Six banks (BGL BNP Paribas, BIL, Spuerkeess, Banque Raiffeisen, POST, Banque de Luxembourg) rolled it out through the provider LUXHUB (source: ABBL / LUXHUB, October 2025). Free SEPA instant transfer: since 9 October 2025, all EU banks, including those in Luxembourg, must offer the sending of euro instant transfers at no extra cost compared with a standard SEPA transfer; the €100,000 cap was removed on 5 October 2025 (EU Regulation 2024/886 on instant payments).
