Accession of credit institutions to the protocol on the comparison tool for savings accounts

On 13 July 2012, an agreement in principle was reached by the Minister of the Economy, the Minister of Finance, the FSMA and Febelfin. This agreement is aimed at offering better protection to consumers in the banking sector. The first part of the agreement concerns regulated savings accounts and contains measures regarding information on advertising of savings accounts, conditional offers, the method of calculation and the means of payment for this savings account.

The first measure regarding information consists in making available a comparison tool on a site managed by the FSMA. Using this tool, savers enter a series of data such as the amount to be saved and the duration of the savings and receive an overview of the interest rates offered per savings account and per institution. The comparison tool has been available as from 31/01/2013.

A new version of the comparison tool was launched in March 2024. The changes are designed not only to improve user experience, but also to take account of developments in the offer of savings accounts and to include the new elements to the protocol signed between Febelfin and the federal government on Thursday 30 November 2023.

The comparison tool has been the subject of a protocol drawn up between the FSMA and Febelfin. The credit institutions that accede to the protocol take responsibility for providing the information necessary for the smooth operation of the comparison tool.

For further information:

Protocol 2024

Accession by credit institutions:

  • Form for acceding to the protocol for credit institutions (available in French and Dutch only)


For more information about savings accounts, please consult the wikifin site (available in French and Dutch only)