How to declare your foreign account to the National Bank of Belgium

If you live in Belgium and use a foreign broker like eToro, Degiro, Trading212, or Interactive Brokers, you are legally required to declare this account to the National Bank of Belgium (NBB) at the Central Point of Contact (CPC).

Who needs to declare?

Any Belgian tax resident who held a foreign account at any point during the taxable period. This applies even if the account was empty or only open for a few days. It includes current accounts, savings accounts, and securities accounts (trading accounts).

Step-by-Step Guide

• Step 1: Go to the official NBB website (cpc.nbb.be).
• Step 2: Log in using your eID card reader or the "Itsme" app.
• Step 3: Select "Declare a new account".
• Step 4: Enter the IBAN (if available) or the account number. For brokers like eToro that might not provide a personal IBAN, you should enter the account username/ID and the country of the financial institution (e.g., Cyprus for eToro EU, Germany for Degiro).
• Step 5: Submit the form. You will receive a PDF receipt. Keep this safe.

The Tax Return (Tax-on-web)

Once you have declared the account to the NBB, you must also tick a specific box in your annual Personal Income Tax Return (usually code 1075). You do not need to enter the account details again in the tax return, just confirm that you have declared them to the CPC.

Disclaimer: This guide is for informational purposes only. Tax laws can change. Always consult an accountant.