Navigating Dutch Banking as an Expat
One of the first steps when moving to the Netherlands is setting up a local bank account. Whether you're here to work, study, or settle long-term, having access to a Dutch account makes daily life easier—from receiving your salary to paying rent and groceries.
Can Expats Open a Dutch Bank Account?
Yes. Most major Dutch banks offer services to expats, and many even have English-language support. You typically need a BSN (citizen service number), proof of identity, and a Dutch address. Some banks allow new arrivals to open an account before receiving their BSN—especially online banks.
Popular Banks in the Netherlands
- ABN AMRO – Popular with expats, with English customer service and mobile apps. (can provide BSN afterwards)
- ING – A widely available option, known for its convenient online banking.
- Rabobank – Offers strong support for freelancers and entrepreneurs.
- Bunq – A digital-only bank known for sustainability and quick setup. (can provide BSN afterwards)
- Revolut/N26 – EU-based online banks with some Dutch account features, but limited access to iDEAL.
Required Documents
While the list may vary slightly by bank, you will generally need:
- Valid passport or EU/EEA ID
- Dutch residential address (rental contract or proof of registration)
- BSN (Burger Service Nummer)
- Residence permit (for non-EU citizens)
What is iDEAL?
iDEAL is a payment system linked directly to Dutch bank accounts. It’s the most common way to pay online in the Netherlands. To use iDEAL, you must have a local bank account.
Debit Cards and Credit Cards
Most Dutch banks provide a Maestro or V PAY debit card, which works across stores, transport, and ATMs in Europe. Credit cards are less commonly used in daily life. If needed, you can apply for one separately—ABN AMRO and ING offer Mastercard or Visa options.
Online Banking and Apps
All major banks offer user-friendly online banking platforms and apps, many of which are available in English. Through these apps, you can transfer money, request a Tikkie (payment request), and monitor your spending.
Opening a Joint Account
Most banks allow joint accounts for couples, whether married or cohabitating. You’ll both need to present your documents, and in some cases, register at the same address.
Fees and Maintenance Costs
Expect to pay a monthly service fee for your account—usually between €1.50 and €5.00 depending on the bank and the services included. Digital banks like Bunq may have different fee structures.
Banking Tips for Expats
- Schedule an appointment online for faster service at physical branches.
- Download your bank’s app for ease of access and quick transactions.
- If your Dutch is limited, check for English support options in advance.
- Use Tikkie to easily request or send money.
Banking in the Netherlands might seem different at first, but it’s efficient, secure, and designed for simplicity. With the right account, you’ll be financially connected in no time.