How Is the Money from Your Loan Paid Out?

For security and regulatory reasons, the lender will never hand you the borrowed money in cash at the time of signing your credit contract. Instead, the funds are almost always paid into a current account held in your name with your banking institution. This ensures traceability of the transaction and better protection for both you and the lender.

In the majority of consumer credit and personal loan cases, the money is transferred directly into your personal current account. You can then use the funds freely for your planned expenses, while respecting the conditions set out in your contract (amount, duration, interest rate, monthly repayments, etc.).

In some specific situations, the loan is not paid to you but directly to a third party. This is often the case when the credit is linked to a precise project, such as the purchase of a vehicle, a property, or the restructuring of existing debts. The payment method is clearly indicated when you sign the contract, so you know exactly who will receive the funds and when.

After How Long Will the Money Be in Your Account?

Once your credit application has been accepted and the contract signed at one of our agencies, the funds are not credited instantly. The time it takes for the money to appear in your account depends mainly on the type of transfer and the country in which your account is held.

For a loan or credit in Belgium, the usual delay is around two working days after the signing of your contract. This period allows the lender to release the funds and your bank to process the incoming transfer. Weekends and public holidays are not counted as working days, which can slightly extend the effective delay.

If the payout is made via an international transfer (for example, to an account in the Grand Duchy of Luxembourg), you should expect a delay of around three working days after signing. This additional day is linked to interbank and cross-border processing times, which may vary slightly depending on your institution. In all cases, the response to your credit application is generally provided the same day you submit it, allowing you to know quickly whether your financing is approved.

When Do Monthly Repayments Start?

After your credit contract is signed and the funds are paid into your current account, the first monthly repayment does not start immediately. As a general rule, the lender will ask you to make your first payment within the month following the date on which the funds are deposited, at the latest. This gives you time to organize your budget and set up your payment method (standing order, direct debit, manual transfer, etc.).

For example, if the funds are credited to your current account on April 10, you will need to pay the first installment by May 9 at the latest. The following installments will then be due each month around the same date, until your credit is fully repaid. The precise dates and amounts are always specified in your repayment schedule, which you receive at the time of signing.

It is crucial to respect these deadlines. If two installments remain unpaid, the lending institution is obliged to terminate the credit contract and proceed with your registration with the National Bank of Belgium. Such a registration can complicate your future financing projects in 2026 and beyond. If you anticipate difficulty paying a monthly installment, contact your advisor as early as possible to discuss potential solutions.

Other Practical Questions About Your Credit?

You still have questions about how your loan works, payout delays, early repayment, insurance, or your rights and obligations as a borrower in 2026? Do not hesitate to consult our FAQs, where you will find clear and up-to-date answers to the most common practical questions.

If you prefer personalized advice, you can also contact one of our advisors at an agency. Together, you can review your situation, your project, and the most suitable type of financing for your needs and your repayment capacity.