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
- Timelines vary by provider and by the checks your case needs. Confirm with the provider.
- Providers
- ABN AMRO, ING, Rabobank, bunq, and international providers such as Wise and Revolut.
- Charged in
- Euro (EUR)
General information, not financial, legal, or tax advice. Verify current terms and eligibility 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. Banks are supervised by De Nederlandsche Bank and the Dutch Authority for the Financial Markets, the AFM. Banks must carry out know your customer and anti money laundering checks, and these checks 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 11 October 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 11 October 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 11 October 2026. Verify with the provider
- A KvK number and a recent KvK extract for the company. The accepted age of the extract varies by provider.
- 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 11 October 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?
Do you need a KvK number to open a business account in the Netherlands?
Do Wise, Revolut, and bunq serve businesses in the Netherlands?
How long does it take to open a business account in the Netherlands?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 October 2026. Confirm current terms with the provider before applying.