Best USD accounts in Belgium for Expats

Multi-currency USD accounts in Belgium let you hold US dollars alongside euros with low fees and competitive exchange rates. Whether you're a US citizen living in Belgium or traveling frequently to the US, USD accounts make cross-currency transactions cheap, quick, and convenient without constant conversion costs.

Explore the best USD account options for Belgium residents, and find trusted financial services to support your international banking needs.

Best USD Currency Accounts in Belgium

Multi-Currency Accounts: Hold USD alongside EUR and 40+ other currencies. Mid-market exchange rates with low, transparent fees. Use multi-currency debit cards in 150+ countries. Send and receive payments globally with local and SWIFT account details.

Revolut Account: Five account plans supporting 25+ currencies. Standard plan has no monthly fee; premium plans offer more features, perks, and no-fee transactions. Personal and business services available.

HSBC Expat Account: International account for higher-wealth individuals (£75,000+ savings or £120,000+ annual income). Hold USD, GBP, and EUR. Access HSBC's global network, savings, investments, and wealth management services.

ING Belgium Foreign Currency Account (Business): Add free USD sub-accounts linked to euro business account. Pay and receive in partner currency without conversion costs. Choose when to convert using ING's currency conversion tool.

Types of USD Accounts

Multi-Currency Accounts: Hold USD alongside many currencies in one account. Convenient for international lifestyles. Get local account details for receiving multiple currencies and SWIFT details for easy transfers.

Foreign Currency Accounts: Support only one currency. Often offered through international or expat banking services of global banks, focusing on high-wealth individuals rather than travelers.

Fees for USD Accounts in Belgium

Monthly Maintenance Fee: Some accounts charge monthly fees; others like multi-currency services don't.

Fall Below Fee: Applies if you don't hold required minimum balance, common on premium accounts.

ATM Withdrawal Fees: Can be flat charge or percentage. Overseas withdrawals typically more expensive. Some providers offer no-fee ATM use each month.

Foreign Transaction Fees: Can add 3% to purchases in currencies you don't hold. Multi-currency accounts often don't charge these fees.

International Transfer Fees: Exchange rates might include markup fees that aren't easy to spot. Specialist providers typically offer more competitive rates than banks.

How to Open a USD Account in Belgium

With Banks: Online application options available, but comprehensive forms and document uploads required. Some cases require arranging appointments to discuss options and confirm eligibility.

With Online Providers: Complete application, verification, and onboarding digitally. Guided by onscreen prompts. Take photos of ID and address documents with phone for verification.

How to Use Your USD Account in Belgium

Send International Transfers: Send payments to US and many countries with great exchange rates and low fees. Fast transfer times using specialized payment networks.

Hold and Exchange Currencies: Keep USD and EUR in one account. Manage different currencies for budgeting, savings, travel, or payments.

Receive USD Payments: Use local or SWIFT account information for easy transfers without EUR conversion.

Use Debit Card: Spend and withdraw with low costs and no foreign transaction fees. Free to spend currencies you hold; cheap conversion for any currency needed.