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 will need, how to open a bank account in Luxembourg, what scholarships are available and what assistance can be provided for students experiencing financial difficulties.

Bank account

You will find it useful to have a bank account in Luxembourg 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 people under the age of 26, so make sure you ask when opening your account.

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

It is also possible to open a post office account:

  • A current account with the post office (CCP) offers attractive conditions and can be used for all transactions.