In Luxembourg, there are only a few banks: BIL, BGL BNP Paribas, ING Luxembourg, Raiffeisen and Spuerkeess (the state bank). The telecom operator POST also offers some bank offersin partnership with Raiffeisen.
In Luxembourg, banks offer the same current account and credit products. However, some have advantages and others have disadvantages. You have to read the conditions to find out:
In short, to make sure you choose the best bank and reduce your bank charges, you need to compare offers carefully. We have done this for you, on this online comparison site.
Word of mouth is an excellent way to find a trusted bank in Luxembourg. However, it is not always the best price or the best service. Even if a friend or colleague has recommended a bank to you, we recommend that you compare their account or credit offers carefully. To do this, you should :
This way you can be sure to save money on your banking fees, while still getting a quality service.
The main banks in Luxembourg are BIL (Banque Internationale de Luxembourg), BGL, ING, Raiffeisen and Spuerkeess (the state bank, and the largest in Luxembourg). POST, the Luxembourg telecommunications operator, also offers current accounts in partnership with Raiffeisen.
If you are not sure which bank to choose: analyse their different offers in our selection of bank accounts in Luxembourg. Compare the possibilities of external withdrawals, external transfers, the costs of the different cards and the options offered. This will help you find the best bank for your situation and budget.