The interest rate is fixed in advance and depends on the amount in the account, the currency and the term. It remains the same for the entire savings term. It is subject to 30% withholding tax.
Important information: capital gains tax
This information is provided to you subject to any modifications that may be made, within the framework of the legislative procedure, to the proposal drawn up by the Government.
From 1 January 2026, new Belgian tax regulations will make capital gains on the sale of “financial assets” taxable. Among other things, these assets include cash holdings in foreign currencies (currencies other than the euro). Foreign exchange gains will be treated for tax purposes as capital gains taxable at a rate of 10%.
Taxpayers subject to taxation in Belgium are liable for this new tax:
As for the banking products concerned, term accounts in foreign currencies would be affected, but not current accounts in foreign currencies.
What this means for you:
Under no circumstances will the bank withhold this 10% tax at source: Belgian tax regulations do not provide for this. It is the responsibility of the taxpayer to declare this income as required.
Special case: purchases made before 1 January 2026
For currency purchases made before 1 January 2026, the exchange rate applicable on 31 December 2025 will be used as a reference to calculate the gain or loss realised from 1 January 2026.
"}},{"componentType":"sectionTitle","title":"You choose how much money and for how long"},{"componentType":"paragraph","richBody":{"value":"At your branch or via Telelink Online: all terms are available, from 1 day to 10 years in euros, and 1 day to 12 months for other currencies.
When opening in euros, the minimum amount is 1,000 euros. When opened online via Telelink Online, the maximum amount is 10,000,000 euros or 5,000,000 euros counter value if CHF, USD or GBP, or 2,000,000 euros counter value if other currencies. There is no maximum amount in branches.
When opening a foreign currency account (only in branch and Telelink Online), the minimum amount is the equivalent of 5,000 euros.
"},"alignedImage":{"transformBaseUrl":"https://assets.ing.com/transform/eac72ee1-e0a4-4dd6-a4a3-7dd90d04cebf/Medium_MS-PPT_MS-Word_Newsletter-Business-colleagues-taking-a-coffee-break-from-a-meeting","original":"https://assets.ing.com/m/42fa3c04b9dea0d7/original/Medium_MS-PPT_MS-Word_Newsletter-Business-colleagues-taking-a-coffee-break-from-a-meeting.jpg","extension":"jpg"}},{"componentType":"sectionTitle","title":"Frequently Asked Questions"},{"componentType":"accordion","accordionList":[{"title":"How does this term account work?","richBody":{"value":"The ING Term Account depends on a reference account (ING professional current account or ING invest account) to which it is linked. The holder(s), the mandate holder(s), as well as the powers of attorney, linked to the ING Term Account are identical to those linked to the reference account. Don't have a professional current account yet at ING? Open one here.
You can choose between automatic renewal (at the interest rate in force at that time) or capital repayment. The automatic renewal is only available via Telelink or when opening the account via our contact centre.
If the term exceeds 1 year, you will receive the interest automatically on the annual maturity date. At maturity we will transfer your interest to the account linked to the term account, or in case of automatic renewal, on the term account itself.
"}},{"title":"I'm a self-employed. How do I open this account as an ING customer?","richBody":{"value":"If you’re self-employed, request your ING Term Account via the ING Banking App or via Business’Bank.
"}},{"title":"I represent a company. How do I open this account, as an ING customer?","richBody":{"value":"If you are a legal entity, log in to Business'Bank to request this account, log in to Telelink Online or contact us. Your account will be opened as soon as you have signed all relevant documentation.
"}},{"title":"I am not an ING customer yet. How do I open this account?","richBody":{"value":"If you're not an ING customer yet and would like to open an ING Term Account, please complete the contact form. Our team will contact you shortly.
"}},{"title":"Can I manage my term account online?","richBody":{"value":"You can easily monitor your account balance and interest via Business'Bank, Telelink Online or your account statements.
"}},{"title":"What are the costs?","richBody":{"value":"Both opening, closing and managing the account are free of charge, as well as the account statements in Businses'Bank or Telelink Online.
The cost of sending the account statements of the term account are €5 per year + postal charges.
"}},{"title":"What are the risks?","richBody":{"value":"The ING Term account is an ING Bank Belgium SA term account. Belgian law alone applies.
Bankruptcy risk: Your savings of up to €100,000 are protected by the guarantee on savings deposits. In the event of ING going bankrupt or in the event of a risk of bankruptcy, you may lose savings in excess of this amount or be required to reduce/convert them into shares.
Inflation risk: Continuous price increases can cause the deposited money to lose value.
Foreign exchange risk: In the case of foreign currency term deposits, there is a foreign exchange risk.
"}},{"title":"Do you have a complaint?","richBody":{"value":"Our Complaints Department and Ombudsman are there to help you.
"}}]},{"componentType":"sectionTitle","title":"Also good to know"},{"componentType":"cards","cards":[{"componentType":"articleCard","cardType":"article","cardSize":"medium","title":"Boost business cash reserves through smart saving","body":"Which are the short-term savings options ?","image":{"transformBaseUrl":"https://assets.ing.com/transform/01f2eb69-116f-4c6d-a079-f378168b352f/Goede-corporate-governance","type":"image","width":5873,"original":"https://assets.ing.com/m/5149084f5411452/original/Goede-corporate-governance.jpg","extension":"jpg"},"date":"2026-02-17","link":{"url":"/en/business/save-and-invest/business-saving"}}]},{"componentType":"sectionTitle","title":"Important Documents"},{"componentType":"paragraph","richBody":{"value":"This account is a term account. Before you open this account, we recommend that you read the following useful documents in order to obtain the full details.
No Essential information for savers document is available for this account.
"}},{"componentType":"paragraph"},{"componentType":"linkList","iconTitle":{"title":"Links"},"textLinks":[{"url":"https://assets.ing.com/m/6a745e7b85191fe4/GeneralRegulationsNewEN.pdf","text":"ING Belgium's General Regulations (including the General Terms and Conditions for ING Customer Services, Home’Bank/Business’Bank, Extrabranch Mobility e-ID for Branch, Payconiq for ING BE and Belgian Mobile Identity for ING BE) (PDF)"},{"url":"https://assets.ing.com/m/46b85090eb4b9125/original/ING-term-account-regulation-en.pdf","text":"ING Term Account regulations (PDF)"},{"url":"https://assets.ing.com/m/3ed42f25df2ca5b2/original/general-information-regarding-accounts-digital-channels-and-cards-EN.pdf","text":"General information regarding accounts, digital channels and cards (PDF)"},{"url":"https://assets.ing.com/m/af93acbacdbe6013/original/pricing-list-pro-new-en.pdf","text":"Charges applied to the main banking services and transactions for professional use (PDF)"},{"url":"https://assets.ing.com/m/caa49fe207460e38/original/deposits_protection_EN.pdf","text":"Deposits protection information sheet (PDF)"}]},{"componentType":"sectionTitle","title":"How to open your account, as an ING customer ?"},{"componentType":"paragraph","richBody":{"value":"If you are self-employed, log in via the ING Banking App or via BusinessBank and request your ING Term Account.
If you wish to open an account that is not linked to your professional activity, please check these products.
"}},{"componentType":"cta","textLink":{"url":"https://ebanking.ing.be/banking/accounts/open-term-deposit-professional?EW=True","text":"I want this account as a self-employed"}},{"componentType":"paragraph","richBody":{"value":"
If you are a legal entity, log in to Business'Bank via the link below, log in to Telelink Online or contact us. Your account will be opened as soon as you have signed all relevant documentation.
"}},{"componentType":"cta","textLink":{"url":"https://ebanking.ing.be/banking/savings-accounts/open-term-deposit-pro-le?EW=true","text":"I want this account for my company"}},{"componentType":"sectionTitle","title":"You are not yet an ING customer and would like to open this account?"},{"componentType":"cta","textLink":{"url":"/en/business/save-and-invest/business-saving-accounts","text":"Contact us"}}]}}}