we've got some news for you
AS FROM FEBRUARY 1, 2022, BUSINESSES MUST PAY THEIR INVOICES WITHIN 60 CALENDAR DAYS
Effective February 1, 2022, all businesses must limit their payment terms in their commercial transactions to a maximum of 60 calender days.
draft bill to introduce IBAN name checks in Belgium
On 27 October 2021, a draft bill was introduced that will oblige banks to check with each transfer whether the IBAN account number and the name of the beneficiary match, similar to the 'IBAN-Naam Check' in the Netherlands and the 'Confirmation of Payee' in the UK.