If you’ve just arrived and need to open a bank account, or you need to switch institutions, here’s a quick primer on what you’ll need to do. Library picture: Matic Zorman (2020)

If you’ve just arrived and need to open a bank account, or you need to switch institutions, here’s a quick primer on what you’ll need to do. Library picture: Matic Zorman (2020)

Opening a bank account in Luxembourg can be very easy, but be prepared.

1. Picking a bank

Luxembourg has many banks, so it is important to choose the right one for your financial needs. One tip: select a bank that has ATMs convenient to your home & office. Library picture: Matic Zorman (2020)

Luxembourg has many banks, so it is important to choose the right one for your financial needs. One tip: select a bank that has ATMs convenient to your home & office. Library picture: Matic Zorman (2020)

2. ID and proof of residency

Once you’ve chosen your bank, you will need proof of identity (valid identity card or passport) and proof of residence (electricity bill, lease contract, etc). Photo: CardMapr.nl/Unsplash

Once you’ve chosen your bank, you will need proof of identity (valid identity card or passport) and proof of residence (electricity bill, lease contract, etc). Photo: CardMapr.nl/Unsplash

3. Appointment

Finally, book an appointment online with your bank to finalise the process and ensure that all your documents are in order. Library picture: Guy Wolff (2022)

Finally, book an appointment online with your bank to finalise the process and ensure that all your documents are in order. Library picture: Guy Wolff (2022)

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