Looking for the best bank in the Netherlands for expats? Discover the top 7 banks with low fees, easy account setup, and excellent English support.
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Introduction
Moving to the Netherlands is an exciting step, whether for work, studies, or a fresh start in life.
However, beyond the thrill of exploring windmills and canals, there are practical tasks to tackle—and opening a Dutch bank account is high on the list.
Since the Netherlands is one of Europe’s most cashless societies, having a local account is essential for paying bills, receiving salaries, and managing everyday expenses.
In this guide, we will examine the best banks in the Netherlands for foreigners, compare their features, and help you choose the one that best suits your needs.
Whether you are an expat, a student, or an entrepreneur, this post has everything you need to get started.
Why You Need a Bank Account in the Netherlands
Having a Dutch bank account is more than just convenient; it is necessary.
A local IBAN is often required for:
- Paying rent and utility bills.
- Receiving salaries or student allowances.
- Shopping at stores that do not accept foreign cards.
Since cash transactions are rare, a Dutch debit card and access to online banking ensure you can manage your finances seamlessly.
The Best Banks in the Netherlands for Foreigners
Let us explore the top banks catering to expats and their standout features.
1. ABN AMRO: The Expat-Friendly Choice
ABN AMRO has built its reputation as the go-to bank for internationals.
It offers an Expats Package with a checking account, debit card, and optional credit card.
What sets ABN AMRO apart is its English-language support across all services, including an easy-to-navigate mobile app.
Even better, you can open an account online before arriving in the Netherlands, making the process smoother.
With an extensive branch network and dedicated expat advisors, ABN AMRO is a reliable choice for those new to the country.
2. ING: The Simple, Efficient Option
If you prefer straightforward banking, ING’s Orange Account is perfect.
It offers low fees and an intuitive app that is fully available in English.
Setting up the account is quick, and ING has a widespread network of ATMs and branches, ensuring you are always connected to your finances.
Whether you are managing your salary or paying for groceries, ING delivers an efficient experience tailored to expats.
3. Bunq: The Digital Nomad’s Dream
For tech-savvy expats, Bunq is the ultimate app-based bank.
Known as “The Bank of The Free,” you can open an account within minutes without ever stepping into a branch.
Bunq is ideal for frequent travelers since its premium plans eliminate foreign transaction fees.
It is also eco-friendly—you can plant trees with every payment.
While Bunq does not offer physical branches, its robust customer support and innovative app make it a standout choice for digital-first users.
4. Rabobank: A Community-Focused Solution
Rabobank is popular for international students and professionals who value local community connections.
With specialized student accounts and comprehensive financial tools for professionals, Rabobank ensures its customers feel supported.
Their mobile app is easy to use, and customer service is available in English.
If you are looking to connect with Dutch society while managing your finances, Rabobank is a solid option.
5. SNS Bank: Personal Service at Low Fees
SNS Bank offers a customer-first approach with low fees and no unnecessary frills.
While it does not boast the digital sophistication of Bunq or ING, SNS excels in personalized service.
Its approachable staff and straightforward account options make it an excellent fit for expats who value face-to-face interactions over digital-only experiences.
6. Triodos Bank: Ethical Banking for the Environmentally Conscious
If sustainability is your priority, Triodos Bank is your ideal match.
Known for ethical banking, it invests in projects that promote renewable energy, social housing, and culture.
Although its fees are slightly higher, you support a bank that aligns with your values.
Triodos also offers accounts in English, making it accessible to international customers.
7. Knab: A Freelancer’s Best Friend
Knab is a fully digital bank tailored to freelancers and entrepreneurs.
Its app includes tools to help you budget, save, and even manage taxes.
With responsive English-speaking customer support, Knab makes financial management stress-free for self-employed individuals.
Comparison Table: Quick Overview of the Best Banks
| Bank | Monthly Fees | English Support | App-Based | Unique Features |
|---|---|---|---|---|
| ABN AMRO | €1.95–€4.95 | Yes | No | Expat advisors, online account setup |
| ING | €1.95 | Yes | No | Widespread ATMs and branches |
| Bunq | €2.99–€17.99 | Yes | Yes | No foreign fees, eco-friendly |
| Rabobank | €2.25 | Yes | No | Student-friendly accounts |
| SNS Bank | €2.50 | Limited | No | Low fees, personalized service |
| Triodos Bank | €3.00+ | Yes | No | Ethical investments |
| Knab | €5.00 | Yes | Yes | Tools for freelancers |
How to Open a Bank Account in the Netherlands
Opening a bank account is straightforward if you have the proper documents.
Here is what you will need:
- Valid ID: Passport or residence permit.
- BSN: Your citizen service number was obtained during local municipality registration.
- Proof of Address: A rental contract, utility bill, or official letter.
- Proof of Income: Required for professionals to access additional services.
Some banks, like ABN AMRO and Bunq, allow you to set up an online account before arrival, simplifying the process.
Did You Know?
The Netherlands is one of Europe’s most cashless societies, with over 80% of transactions conducted using cards or online banking. Therefore, a local bank account is essential for daily life.
Conclusion: Banking Made Easy
Choosing the best bank in the Netherlands as a foreigner takes work.
Whether you value convenience, sustainability, or low fees, an option is tailored to your needs.
Take the time to compare services and consider your priorities—app-based banking, ethical investments, or English-speaking support.
Once your account is set up, you will be ready to embrace all the Netherlands offers.
For more tips on navigating life as an expat, explore our other guides and make your transition as smooth as possible.
Welcome to the Netherlands, and happy banking! 🌷
FAQs About Banking in the Netherlands
Can I open a bank account without a BSN?
Yes, some banks, like Bunq, temporarily allow you to open an account without a BSN, but you must provide it later.
Which bank is best for temporary residents?
Bunq is the best option for temporary residents due to its quick setup and the lack of a permanent address requirement.
Are Dutch banks safe?
Yes, all banks in the Netherlands adhere to strict financial regulations and are insured under the European Deposit Guarantee Scheme.
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