Business banking in the Netherlands


You can open a bank account at any bank in the Netherlands, even if you don't live in the Netherlands. You can open a personal account, as well as a business account. If you are working and living in the Netherlands, most banks in the Netherlands have a variety of services for expats.

Opening a current bank account in the Netherlands

If you live in the Netherlands, it is convenient to have a Dutch current account. You can pay your rent by standing order or direct debit, or transfer money to your home country, for example.

Documents generally required to open a Dutch bank account:

  • BSN burgerservicenummer:
    You need to be in the possession of a Citizen Service Number, in Dutch: Burger Service Nummer or BSN, to open a bank account in the Netherlands. You’ll get this number when you register with the Municipal Personal Records Database, in Dutch: Basisregistratie personen or BRP, or directly from the tax office.
  • A valid ID
    To open an account with any bank in the Netherlands, you need to provide identification such as a valid passport or an ID card.
  • A residence permit (if applicable)
    For non-EU citizens, registration with the IND, in Dutch: Immigratie- en Naturalisatiedienst, and a work permit or business visa are also required. 
  • Proof of address
    You also need proof of residency from the Municipal Personal Records Database, in Dutch; gemeentelijke basis administratie or GBA, and a verification document such as your electricity bill or a rental agreement that states your address.

If you open a joint account you must present the documents described above for both holders. Minors under 18 opening a current and/or savings account must be accompanied by at least one legal representative, and their own identification should also be brought.

Opening a business bank account in the Netherlands

If you have set up your business in the Netherlands and want to open a Dutch business bank account, the process is essentially the same as it is for opening a private account. But, as well as the above personal details, you should also have all of the necessary details concerning your business. For example your company registration number, in Dutch: KvK nummer and a record of your turnover. Most banks in the Netherlands have different types of business accounts depending on the turnover of your company.

After signing up for a bank account in the Netherlands

A bank account operates from the day it is opened. After opening a bank account you will receive postal notification when your bank debit card is ready for collection. You must go in person, taking your passport or other acceptable identification such as a driver's license. Your PIN (Personal Identification Number) code will arrive separately in the mail. This is a personal four-digit number used for all withdrawals, internet banking, and some bank transactions.

Van Eert Accountants & Advisers can help you

Van Eert Accountants & Advisers can help you setup your business in the Netherlands. We can provide you with professional information regarding setting up your business, Dutch business law, accounting standards, etc. We are specialized in Dutch corporate advice for for foreign entrepreneurs and work together with many specialists in this field. Please do not hesitate to contact us, we’ll be happy to assist you. 

  • Erik van de Sande, Accounting Consultant  

    'Business is: no nine to five, but 24/7, 365 days a year. '

    Erik van de Sande, Accounting Consultant