Banks in Luxembourg

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Luxembourg is a small European country known for its stable economy and high living standards. Luxembourg is home to many traditional banks. However, it also hosts innovative neobanks, FinTechs and e-money institutions that offer digital banking services. It has a diverse banking sector, including traditional banks as well as newer neobanks and digital banks. Sogexia and Carte Zero are couple of examples of neobanks that offers digital banking services for both individuals and businesses. Such digital banks offer many useful features, such as multi-currency accounts, virtual cards and contactless payments. For expats, several banks in Luxembourg offer free bank accounts and multilingual services, including BIL, BGL BNP Paribas, and ING Luxembourg. These banks are among the best in Luxembourg for expats. Under certain Even non-residents can open a bank account in Luxembourg. However, the requirements and fees may vary depending on the bank you choose. You can find a list of banks in Luxembourg below. With this list you can compare and choose the best one for your needs, including both traditional banks and digital banks.

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