Life Financial Support

All about your finances

by Mathieu Stern, tiny people sitting on a pile of coins

Learn more about the cost of living in Luxembourg, the budget you should forsee, how to open a bank account in Luxembourg, what scholarships are available and what assistance can be provided in case of hardship.

Provide a bank account

You will find a bank account in Luxembourg useful during your stay in the country.

Do not forget your identity documents, address and a certificate from the University attesting to your student status.

Most banks grant advantages to young people under 26 years of age. Do not forget to inquire about them.

  • The Banque et Caisse d’Épargne de l’État Luxembourgeois (BCEE)
  • The Banque Générale du Luxembourg (BGL-BNP Parisbas)
  • The Banque Internationale à Luxembourg (BIL)
  • The Bank ING

It is also possible to open a Postal account

  • Postal current accounts (CCP) can be used for all operations at attractive conditions, and even free of charge.