Business banking in Netherlands: how to open an account, fees and options

Snapshot

A business in the Netherlands opens an account once it is registered at the Netherlands Chamber of Commerce, the KvK. Accounts are offered by traditional banks such as ABN AMRO, ING, and Rabobank, by the Dutch bank bunq, and by international providers such as Wise and Revolut. Foreign owners can open accounts, though non resident directors face closer checks and a local presence can help.

Can a foreign owner open: Yes, with a KvK registered company. Non resident directors face closer checks and a local presence can help.
Typical timeline: A few days with fintech providers, about one to four weeks with traditional banks.
Providers: ABN AMRO, ING, Rabobank, bunq, and international providers such as Wise and Revolut.
Charged in: Euro (EUR)

Fees and features as of 5 June 2026Last reviewed 5 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

To open a business bank account in the Netherlands you need a company registered at the Netherlands Chamber of Commerce, the KvK, along with a recent KvK extract, identification for the directors, and an ultimate beneficial owner declaration. Traditional banks such as ABN AMRO, ING, and Rabobank suit established companies, the Dutch bank bunq suits app first banking, and international providers such as Wise and Revolut suit payments and holding more than one currency. Fees and eligibility shown as of 5 June 2026, so confirm current terms with the provider before applying.

How business banking works in the Netherlands

Business banking in the Netherlands is led by three large banks, ABN AMRO, ING, and Rabobank, alongside the Dutch bank bunq and a set of international providers such as Wise, Revolut, Finom, and Qonto. Banking is supervised by De Nederlandsche Bank and the Dutch Authority for the Financial Markets, which set the know your customer and anti money laundering rules that shape onboarding. The Netherlands uses the euro and the SEPA payment area, so domestic and cross border euro payments within Europe are straightforward, as of 5 June 2026.

Who can open a business account

A business registered at the KvK can apply, whether it is a sole proprietorship, often run by a ZZP freelancer, or a private limited company known as a BV. Banks accept foreign shareholders and directors, but non resident directors face closer checks, and some banks ask for a Dutch business address or proof of activity in the Netherlands. As of 5 June 2026, having a resident director or a clear local presence can make approval faster. Confirm the position with the provider.

Traditional banks compared with newer providers

Traditional banks such as ABN AMRO, ING, and Rabobank offer branches, lending, and full business services, and they run deeper checks that take longer. The Dutch bank bunq and international providers such as Wise and Revolut offer faster app based onboarding, sub accounts, and multi currency features, which suit freelancers and companies that trade across borders. Many businesses use a Dutch bank for local operations and an international provider for cross border payments. Compare current terms against your usage.

Requirements and documents

Most providers in the Netherlands ask for a similar core set of documents, as of 5 June 2026. Verify with the provider

A KvK number and a recent KvK extract for the company, usually issued within the last week or two.
Identification for the directors and authorised signatories, and a citizen service number, the BSN, for resident directors.
An ultimate beneficial owner declaration, details of the ownership structure, and information about the nature and activity of the business.

How to open an account

Register the business at the Netherlands Chamber of Commerce, the KvK, and obtain the KvK number and extract.
Gather identification for the directors, the ultimate beneficial owner declaration, and proof of the company address and activity.
Choose a provider that fits your activity, whether a traditional bank, the Dutch bank bunq, or an international provider, and verify current fees and eligibility before you apply.

Compare business accounts available in the Netherlands

These providers serve business customers in the Netherlands. Fees and eligibility shown as of 5 June 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking in the Netherlands

Can a foreign owner open a business bank account in the Netherlands?

Yes, with a company registered at the Netherlands Chamber of Commerce, the KvK. Non resident directors face closer checks, and some banks ask for a Dutch business address or a local presence, so having a resident director can make the process faster. Confirm your case with the provider, as of 5 June 2026.

Do you need a KvK number to open a business account in the Netherlands?

Generally yes. Providers ask for the KvK number from the Netherlands Chamber of Commerce, along with a recent KvK extract and an ultimate beneficial owner declaration. Register the business at the KvK before applying for an account. Verify the requirement with the provider, as of 5 June 2026.

Do Wise, Revolut, and bunq serve businesses in the Netherlands?

As of 5 June 2026, bunq is a Dutch bank that offers business accounts, and Wise Business and Revolut Business are available to many businesses in the Netherlands for payments and holding more than one currency. Eligibility depends on the business type and checks, so confirm current terms with each provider.

How long does it take to open a business account in the Netherlands?

Fintech providers such as bunq, Wise, and Revolut can open an account within a few days for a straightforward case, while traditional banks such as ING, ABN AMRO, and Rabobank commonly take from about one to four weeks because of deeper checks. A BV with several owners can take longer than a sole trader. Timelines as of 5 June 2026.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 5 June 2026. Confirm current terms with the provider before applying.