Free business accounts in Netherlands: what free really means

What a free business account means in Netherlands

Free in Dutch business banking is a marketing word for no monthly account fee. The account costs nothing to hold each month, but the provider may still charge for how you use it. The cheapest option for one business is not the cheapest for another, since a firm that makes many transfers, handles cash, or converts currency can pay more on a free account than on a low paid plan that bundles those costs. The sensible test is to map your actual usage against each fee, not just the headline monthly figure. As of 28 January 2026.

Free accounts from licensed EU banks

bunq lists a Free Business plan with a Dutch IBAN, with paid plans reported from about EUR 2.99 a month for added features. N26 Business is listed at no monthly fee on its standard plan for sole traders and freelancers, with a German IBAN and paid plans for more cards and limits. Both are licensed EU banks, so eligible deposits carry deposit cover under the relevant national scheme up to the published limit. Verify the current pricing and the covered limit with each provider before you apply.

Free accounts from electronic money providers

Wise Business charges no monthly fee but a one off fee to open the account, reported at about EUR 50, and holds many currencies near the mid market rate. Revolut Business lists a free Basic plan with a fee free exchange allowance that varies by plan, then a conversion fee beyond it. These providers hold an electronic money licence, so customer funds are safeguarded rather than covered by a deposit scheme. As of 28 January 2026. Verify the current pricing and the safeguarding position with each provider.

Charges to check before you call an account free

Even with no monthly fee, these charges decide the real cost. The exact amounts vary by provider. Verify with the provider

• Transfer charges on some plans, often after a small number of free transfers.
• Currency conversion costs on payments outside the euro or beyond a fee free allowance.
• Cash handling fees, which matter most for firms that take cash, and card or ATM costs.

How to compare free accounts

1. List how you will actually use the account, including transfers, currency conversion, cash and cards.
2. Match a free plan to that usage, since a free plan with per item charges can cost more than a low paid plan for some firms.
3. Confirm the current published fees and the protection position with each provider before you open or fund the account.