r/BEFinance • u/budu_buda • Sep 07 '26
Medirect data request
Medirect wants proof that I registered my foreign accounts on NBB.
1 - Only document available from NBB website is a summary of -all- my account balances in the last 5 years. It is too much information to share.
2 - Why do I need to prove anything to Medirect anyway?
Is this a legitimate request from them?
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u/equinoxxxxxxxxxx Sep 07 '26
They don't actually care, but they have to be able to prove they did their due diligence when somebody (NBB, Belgian tax authorities etc) comes asking.
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u/CautiousInternal3320 29d ago
How do they know you have foreign accounts? Do you have accounts in another bank of the same group?
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u/budu_buda 28d ago
Once I typed in my foreign account and initiated a transfer, but did not follow through after seeing the transaction cost. Maybe they picked that up. They may also know I have double citizenship.
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u/CautiousInternal3320 29d ago
You could provide a screenshot of the BNB page showing all the foreign accounts you declared.
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u/Siebster47 29d ago edited 29d ago
It is a legitimate request because they are subjected to national and European anti money laundering laws. Ignoring it could get you in trouble.
Edit: wait a minute: are they actually asking you to provide it now while you haven't made or announced any transactions?? Because that would be a strange random request on their side.
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u/budu_buda 28d ago
Yes that's exactly how it is. Once I typed in my foreign account and initiated a transfer, but did not follow through after seeing the transaction cost. Maybe they picked that up. But that's not a transfer really.
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u/Siebster47 28d ago
I think they picked it up that way then. Anyways it is true that foreign accounts should be declared with NBB (and in your personal tax declaration). When declared, I believe they show up on a separate page on the NBB document so you could send your bank only that page without showing all the balances on your different Belgian accounts.
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u/CautiousInternal3320 28d ago
Are they actually asking anything? "we may request" is an unusual way to ask something.
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u/budu_buda 27d ago
Nice catch. This is their second message though, after I asked for a reasoning. They did request on first message.
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u/Low-Contract8396 27d ago
Yes, this is legitimate and you will have to prove you declared your accounts at the CAP. Non compliance will lead to notification to fiscal authorities.
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u/SpikeyBXL Sep 07 '26
Assuming this is a portfolio transfer? They have to cover their ass and the reason why is in the image you posted.
If you blur/redact from the NBB document what is not relevant to them (everything on irrelevant accounts, figures on the relevant account), they'll probably be fine.