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Business account in Belgium
Opening a business account in Belgium is a strategic move for entrepreneurs and small-to-medium business owners looking to establish or expand their operations in the European market. With Satchel, you can easily open a business account online, enjoying the benefits of a European IBAN, multi-currency support, and secure online payments.
Why Belgium is a strategic location for your business
Belgium’s central location in Europe makes it a hub for international business. By opening a business account in Belgium, companies can take advantage of the country’s strong financial infrastructure, access to the EU market, and connectivity with global trade networks. This positioning allows businesses to efficiently manage transactions within the Eurozone and beyond, benefiting from Belgium’s regulatory environment and financial systems.
Key features of Satchel business account
Satchel offers a range of features that make it an ideal choice for businesses operating in Belgium:
| Feature | Traditional bank account | Satchel online business account |
| Global accessibility | Limited to specific regions or countries | Unique European IBAN supporting SEPA and SWIFT transactions globally. |
| Security and compliance | Standard banking security features | Funds protected by 3D Secure, 2FA, and stored in segregated accounts regulated by the Bank of Lithuania. |
| Cost efficiency | Varies, often includes hidden fees | Transparent pricing with no hidden fees, no initial deposit required, and free SEPA Instant setup. |
| Multi-currency support | Limited currency options | Manage transactions in 38 currencies from a single account, ideal for international businesses. |
These features ensure that your business can operate smoothly across borders, with the added assurance of robust security and transparent cost structures.
Steps to open a business account online with Satchel
Opening a business account with Satchel is a straightforward process designed to be completed entirely online:
- Submit your application
Start by filling out Satchel online application form, providing necessary business and personal details. - Complete KYC verification
Provide identification documents and complete the Know Your Customer (KYC) verification online. - Receive account approval
Satchel compliance team reviews your application. You’ll receive an email notification once your account is approved. - Access your account
Once approved, create a password to access your online account via the Satchel app or web Client office.
This process allows you to open a business account remotely, without the need for physical presence in Belgium, making it convenient for both EU and non-EU residents.
Tailored solutions for Belgian businesses
Satchel business accounts are designed to meet the diverse needs of businesses in Belgium, from startups to established SMEs. With customized payment solutions, a mobile payment app, and a range of API integrations, Satchel provides businesses with the tools needed to manage their finances efficiently. Whether you’re looking for multi-currency support or advanced security features, Satchel solutions are tailored to help your business thrive.
FAQs
- What is a business account?
A business account is designed to help legal entities manage their financial operations, including transactions, payroll, and expenses. - How do I open a business account online in Belgium?
You can open a business account online with Satchel by completing an online application form, submitting necessary documents, and undergoing KYC verification. - What documents are required to open Satchel business account?
You will need to provide identification, proof of address, a business description, corporate documents, and other supporting documents. - Can non-EU residents open a business account in Belgium?
Yes, Satchel offers business accounts to both EU and non-EU residents, allowing for remote account opening without the need for physical presence in Belgium.
Satchel provides everything you need to manage your business finances effectively.
Open your business account in Belgium with Satchel today!
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