Law, Tax, Compliance
New guide to facilitate bank account opening for non-profit associations
Published on 10 March 2025
The ABBL has published a new guide to help non-profit associations in Luxembourg navigate the process of opening a bank account.
Summary
What does the guide cover?
- How to establish and maintain a banking relationship, including key regulatory constraints
- The main documents and information banks typically require to open and manage an account
- An overview of risk assessment policies applied by banks and how they may affect account opening
- A basic checklist of documents to prepare
Who is this guide for?
The guide is intended for all non-profit associations established in Luxembourg, regardless of their size or activity.
All guides and practical information on bank account opening are available here.