KBC rental guarantee
Find out more about the guarantee.be service by comparing it with the KBC rental guarantee.
-
Digital subscription en 10 min
Complete and electronically sign your file online in just a few minutes
-
Warranty certificate deadline en 2 heures
Once your application has been completed, you'll receive your guarantee certificate within a few hours.
-
Blocking funds Aucun
No down payment, we guarantee your solvency to the landlord
-
Fund remuneration Aucune
No funds paid out, so no remuneration of the amount guaranteed to the lessor
RENTAL GUARANTEE KBC
-
Paper subscription sur RDV
The application process requires an appointment with a branch.
-
Warranty certificate en 1 semaine
This is the minimum time required to ensure that you receive your warranty certificate on time.
-
Constitution of the warranty par virement
Funds are transferred by bank transfer and then frozen for the duration of the lease.
-
Fund remuneration taux marché
Interest calculated at the market rate is capitalized on the guarantee's blocked account.
Discover the KBC rental guarantee
The following paragraphs provide detailed information on the KBC Bank rental guarantee.
Overview of KBC Bank
KBC is one of Belgium’s leading banks, active not only in banking, but also in insurance. It is the second largest bancassurance company in Belgium. The bank is active in several other European countries, including Hungary, the Czech Republic and Slovakia.
The KBC Group is organized geographically in Belgium and Europe through subsidiaries. In Belgium, the group’s brands vary according to community:
- KBC is present in Flanders and the German-speaking Community of Belgium;
- The KBC Brussels branch is present only in Brussels;
- The CBC Banque & Assurance section focuses on the French-speaking community of Belgium, with the exception of Brussels;
With almost 11 million customers in Europe, including over 3.5 million in Belgium, KBC Bank offers a wide range of financial products and services.
What is the KBC rental guarantee?
The principle of setting up a rental guarantee was introduced to protect landlords in the event of their tenants breaching their lease commitments. This guarantee covers the financial risks associated with renting. It is mentioned in the law on residential leases, but is not mandatory. However, most residential leases require a rental deposit. To find out whether your lease contract is subject to a rental guarantee, simply read it and discover how the tenant’s commitments are guaranteed.
By law, the rental deposit can be provided by blocking the sum of money on an individualized bank account. In Belgium, KBC Bank offers this service of opening a dedicated bank account for the rental guarantee. The individualized account opened with KBC Bank to hold the amount of the guarantee is in the tenant’s name. It will be blocked until the end of the lease, or until both tenant and landlord have agreed to release the rental guarantee with KBC Bank.
Early release of the KBC rental guarantee
It is now possible to obtain a release of the funds blocked in your KBC account before the end of the lease. To recover the funds blocked within KBC for the rental guarantee, read our article on releasing the rental guarantee.
