5 solutions for an online rental deposit in Belgium
To constitute a rental deposit online in Belgium, tenants can choose between a Belgian bank (ING, Belfius, KBC) via their app or website, e-DEPO via MyMinfin (FPS Finance), or Korfine (private alternative). All options allow you to open a deposit account without visiting a branch. The process takes 5 to 15 minutes.
For the general framework: rental deposit pillar. For the release procedure: deposit release Belgium.
ING: online rental deposit
Opening a rental deposit with ING online: log in via Home’Bank (web) or ING Mobile app. Provide your lease agreement references and sign electronically. The deposit is blocked on a dedicated account in the tenant’s name. Interest belongs to the tenant. Processing time: 1-3 business days. Free for existing ING clients.
Belfius: online rental deposit
The Belfius online rental deposit works via Belfius Direct Net or Belfius Mobile. Identification via eID card or itsme. Complete the online form, upload the lease agreement, and sign remotely. Funds are blocked on an account in the tenant’s name. Processing time: 2-5 business days. Free for existing clients.
KBC: online rental deposit
The KBC online rental deposit is processed via KBC Mobile or KBC Touch. Choose between a blocked account (2 months) or a bank guarantee (3 months). Electronic signature via itsme. Fast-track option available for existing KBC clients.
e-DEPO: rental deposit via FPS Finance online
The e-DEPO service from the FPS Finance is a free, public deposit solution with no bank intermediary. Available for any primary residence lease in Belgium. The deposit is held by the Deposit and Consignment Office.
Process: log in to myminfin.be (via itsme or eID card). Complete the form, which must be signed by both the tenant and the landlord. Transfer the funds and receive an instant confirmation. This is the fastest and cheapest solution available.
For the Brussels-specific context: rental deposit Brussels.
Korfine: alternative online deposit
Korfine offers a different model: instead of blocking 2-3 months of rent, the tenant pays an annual fee of approximately 5% of the guaranteed amount. No cash immobilisation required. 100% online. Activation within 24-48 hours.
Cost comparison for a rent of 1,000 EUR:
- Traditional blocked account: 2,000 EUR blocked (recovered at lease end)
- Korfine: approximately 150 EUR/year (not recovered)
Over a short lease (1-2 years), Korfine can be more affordable. Over longer leases, the cumulative fees may exceed the blocked amount.
Amount to block for an online rental deposit
| Method | Maximum amount |
|---|---|
| Blocked account (bank or e-DEPO) | 2 months of rent |
| Bank guarantee (loan) | 3 months of rent |
| Korfine | Variable (3 months guaranteed) |
The choice depends on your situation: constitute a deposit with available savings, or prefer an annual fee to avoid tying up cash? For a detailed simulation: rental deposit amount Belgium.
How to open an online rental deposit in 5 steps
Step 1 — Choose your solution
ING, Belfius, KBC (if you are an existing client), e-DEPO (free, public), or Korfine (insurance-based). Compare costs and processing times before committing.
Step 2 — Log in securely
Via itsme or eID card. No branch visit required. All Belgian digital deposit solutions use the same secure identification standards.
Step 3 — Complete the form
Provide your identity details, monthly rent amount, property address, and lease duration. Have your lease agreement ready as a reference.
Step 4 — Sign electronically
eIDAS-compliant electronic signature via itsme or SMS OTP. Both tenant and landlord signatures are required for e-DEPO.
Step 5 — Transfer the funds
Wire the deposit to the blocked account. Immediate confirmation. The deposit is held at the bank or at the Deposit and Consignment Office for e-DEPO. Savings accounts and the deposit account are legally separate.
At lease end, the reverse procedure triggers the deposit release.
By region: rental deposit Brussels. To create a lease: lease agreement. See also: property inventory.
Frequently asked questions
Fastest solution?
e-DEPO and Korfine (24-48 hours). Banks: 2-5 business days.
Can I switch provider?
Yes, but you must close the first and open a new one. Allow 7-15 days.
As safe as opening in a branch?
Yes. Same security rules apply. e-DEPO is managed by the Belgian state.
Hidden fees?
None for existing bank clients. Non-clients may face minor fees. e-DEPO is free for everyone.
How to verify the deposit?
Banking app or MyMinfin. The blocked account shows the amount and date of constitution.