Banking

Any regular bills you receive, such as monthly rent, telephone, electricity, can be paid automatically by standing orders. One-off bills are paid using bank transfers (known as ‘virements’), either by filling out the details on a form and sending or depositing it at your bank, or more frequently, using web banking. Cheques are extremely rare.

These are accepted for your purchases almost everywhere e.g. in shops, restaurants, hotels, hospitals, cinema, etc. Major cards can be used from other countries but you will pay high charges. It is a good idea to request at least a debitcard from your Luxembourg bank.

DIGICASH

Five of Luxembourg’s largest retail banks (BCEE, POSTLuxembourg, BIL, BGL BNP Paribas and ING Luxembourg)offer the possibility of using the DIGICASH application. DIGICASH is a mobile banking payment solution that allows you to pay in the store, online or via a mobile app.You can use the app to pay your bills and transfer money to friends and family. Payments are made directly from your bank account, immediately and safely.

All the major banks offer secured web banking services, such as transfers to other accounts or banks in Luxembourg or abroad, payment of bills, consulting your balance, standing orders, etc.