Content by tag : Money
Notices asking: “If you pay cash, please pay the right amount” are a common sight in Belgian shops today. The reason is clear – a serious lack of 10 and 20 cent pieces.
More cash machines, or ATMs, will open across Belgium as the country's major banks have pledged to accelerate the rollout of new "neutral" cash dispensers.
A new law entering force on 1 September will ban businesses in Belgium from charging other businesses - or individuals - a penalty on unpaid bills on the first reminder.
Belgium is set to issue new one-year bonds in its next round of federal fundraising, offering a 2.8% yield rate.
Belgians are the richest people in the world, according to new figures from Crédit Suisse's Global Wealth Report, which put the median wealth of Belgian residents at €228,594.
Belgium is continuing to lose its cash machines at a frightening rate, according to figures gathered by L’Echo and De Tijd newspapers.
The fees charged by banks and other credit providers to apply for a mortgage will be capped at €350 from next year.
BNP Paribas Fortis bank has been fined €15 million for breaches of its anti-money laundering policy.
Despite the fact that offering electronic payments to customers is now mandatory in Belgium, many are still only accepting cash, according to Belgium's federal economy ministry.
