Bank account Netherlands

When considering a move to the Netherlands, having a free bank account is highly advisable. While not mandatory, it’s important to acknowledge that world digitalization contributes to the fact that a bank account is an incredibly convenient choice.

The Dutch financial landscape predominantly operates digitally, and cash transactions are increasingly rare. Hence, let’s explore your options for establishing a free bank account as you prepare for your relocation to the Netherlands.

It’s necessary to say that Internet banking in the Netherlands is a secure, user-friendly, and efficient method for handling your financial affairs. Our aim is to assist you in fully embracing your expat journey in the Netherlands while making the most of the country’s modern and convenient banking system!

Bank card next to the laptop

Why do you need a bank account in the Netherlands?

When considering a move to the Netherlands, having a free bank account is highly advisable. While not mandatory, it’s important to acknowledge that world digitalization contributes to the fact that a bank account is an incredibly convenient choice.

The Dutch financial landscape predominantly operates digitally, and cash transactions are increasingly rare. Hence, let’s explore your options for establishing a free bank account as you prepare for your relocation to the Netherlands.

It’s necessary to say that Internet banking in the Netherlands is a secure, user-friendly, and efficient method for handling your financial affairs. Our aim is to assist you in fully embracing your expat journey in the Netherlands while making the most of the country’s modern and convenient banking system!

Banks in the Netherlands

Banks in the Netherlands are very similar to banks in other countries. They offer various services, including online and offline banking, credit cards, and loans. You can choose to open a personal account or a business one!

One of the most popular features of Internet banking in the Netherlands is an IDEAL payment method for goods and services online with your debit card. You can use iDeal to shop at many online stores and websites, and it’s a great alternative to using your credit card.

There are, in general, many Dutch banks to choose from, and at the end of this article, we have specifically chosen the ones we consider the most suitable ones according to their excellent customer service and high-quality products.

Feel free to look at these banks’ websites later – we hope you’ll find exactly what you need!

 

How to choose a bank?

Selecting the right bank account is a crucial financial decision that can greatly impact your daily life and long-term financial goals. Here are some key steps to help you choose a bank account that suits your needs:

  • Identify your financial goals and needs
  • Explore the account type you need
  • Check for online banking
  • Read reviews about customer service
  • Take into account interest rates
  • Examine its safety and security
  • Find out about rewards and perks
  • Read reviews

 

Once your account is open, with some banks you might also receive a card reader, which is a small device. That you’ll use to log in to your Internet banking account and authorise transactions. Besides that, you’ll also receive an International Bank Account Number (IBAN). This is a unique identifier for your account that you’ll need to share with anyone who wants to transfer money to you.

Best banks for you

We’ve selected some of the best Dutch banks for you, free of charge. You can open a bank account in person at one of the banks or online through their websites.

We’ve chosen these banks based on their quality. And we’re sure that you’ll be able to find one that suits your needs. Feel free to browse the websites of these Dutch banks yourself—we’re confident that you’ll find exactly what you’re looking for!

Compare bank accounts