Open or release your rental guarantee deposit
Almost everyone who wishes to rent a property has to provide a rental guarantee. Depositing the rental guarantee amount on a blocked savings account in your name is the most usual way. When you move out and leave the property in good conditions, the rental guarantee amount will be refunded to you.
I want to open an account for my rental guarantee deposit.
Currently, ING does not offer a digital solution to open an account for rental guarantee deposits. However, a free online solution is available via the Ministry of Finance website – MyMinFin – via the following link*:
https://finances.belgium.be/fr/particuliers/habitation/location/garantie-locative
Do you already have an ING current account on which you have your regular income domicilied ? If you do, and if you want to open a rental guarantee account with ING, please make an appointment with your branch.
Do you have the insurance you need? This is the right time to review your insurances. Click here.
*This bank guarantee is offered exclusively by the Ministry of Finance (subject to its acceptance). ING Belgium does not play an intermediary role, receives no remuneration or commissions, and cannot provide any guarantees in this respect.
I want to release my rental guarantee deposit.
I am a Private Individual (physical person) :
- Step 1 :
Download, print and complete the release form (available via this link). Make sure that it is duly signed by each party (tenant(s) and landlord(s)) mentioned in your rental contract and the original blocking of funds agreement.
- Step 2 :
Prepare a scanned copy (recto-side only!) of the identity card or passport of each party (tenant(s) and landlord(s)) mentioned in your rental contract and the original blocking of funds agreement.
- Step 3 :
Prepare a scanned copy of the original blocking of funds agreement. If you do not have this document at your disposal, please prepare a scanned copy of the key pages of your rental contract showing the names, legal adresses and signatures of each party (tenant(s) and landlord(s)).
- Step 4 :
Make sure that your email adress is correctly registered in your Personal Details section. If not, please update your data first.
- Step 5 :
If your email adress is correctly registered, send an e-mail to your ING branch with all the documents mentioned in steps 1, 2 and 3.
- Release procedure via the post or via your ING Branch: You can also request the release of your rental guarantee deposit by sending the original paper version of the release form to your ING Branch via post or by directly depositing it in the letter box of the branch, together with all the documents mentionned in the section above. It remains possible to release your rental guarantee by making an appointment with you branch in order for each party (tenant(s) and landlord(s)) to sign the release form.
- Court ruling: The rental guarantee deposit can also be released if there is a Court Ruling or an official statement (procès-verbal/proces-verbaal) of reconciliation which explicitely states what is to be done with the rental guarantee deposit.
- Amount: The amount of the rental guarantee may only be released to either the tenant and/or the landlord, exclusively. The released amount can never be greater than the amount available on the rental guarantee deposit account.
- Succession: If one of the parties is deceased, the appointed estate administrator is required to sign (in which case, we will need copies of the deed of appointment and of the Administrator's identity card). Other legal representatives (like temporary administrators) who must then provide the necessary documentation (e.g. a power of attorney).
- Sale of the property: In case of a change of landlord during the tenancy, please provide proof of the transfer of ownership rights (full deed of sale or notary's certificate mentionning the transfer of the rental guarantee).
I am a Legal Entity (moral person) :
- Step 1 :
Download, print and complete the release form (available via this link). Make sure that it is duly signed by each party (tenant(s) and landlord(s)) mentioned in your rental contract and the original blocking of funds agreement.
- Step 2 :
Prepare a scanned copy (recto-side only!) of the identity card or passport of each party (tenant(s) and landlord(s)) mentioned in your rental contract and the original blocking of funds agreement.
- Step 3 :
Prepare a scanned copy of the latest by-laws of the legal entity (published in the “Moniteur Belge”/"Belgisch Staatsblad").
- Step 4 :
Prepare a scanned copy of the key pages of your rental contract showing the names, legal adresses and signatures of each party (tenant(s) and landlord(s)) ; OR a scanned copy of the original blocking of funds agreement.
- Step 5 :
Make sure that your email adress is correctly registered in your Personal Details section. If not, please update your data first.
- Step 6 :
If your email adress is correctly registered, send an e-mail to your ING branch with all the documents mentioned in steps 1, 2, 3 and 4.
- Release procedure via the post or via your ING Branch: You can also request the release of your rental guarantee deposit by sending the original paper version of the release form to your ING Branch via post or by directly depositing it in the letter box of the branch, together with all the other documents mentionned in the section above. It remains possible to release your rental guarantee by making an appointment with you branch in order for each party (tenant(s) and landlord(s)) to sign the release form.
- Court ruling: The rental guarantee deposit can also be released if there is a Court Ruling or an official statement (procès-verbal/proces-verbaal) of reconciliation which explicitely states what is to be done with the rental guarantee deposit.
- Amount: The amount of the rental guarantee may only be released to either the tenant and/or the landlord, exclusively. The released amount can never be greater than the amount available on the rental guarantee deposit account.
- Representatives: The release form must be signed by the current statutory and legal representatives authorized to sign on behalf of the legal entity. If the original signatories have been replaced during the course of the rental agreement, please also provide documentary evidence (e.g. a copy of the appointment in the legal entity's articles of association / incorporation, along with copies of the new representative(s)' identity card(s)).
- Sale of the property: In case of a change of landlord during the tenancy, please provide proof of the transfer of ownership rights (full deed of sale or notary's certificate mentionning the transfer of the rental guarantee).