Banking in the Netherlands

Print FAQ

How can I open a bank account?

What are the requirements to open up a bank account?

What are the accounts and services offered by banks?

How does a current account operate?

How do I use my bank PIN card?

When you open an account with the bank, they will give you options regarding types of bank cards. The basic debit card (bankpas, betaalpas or pinpas) is used for withdrawing cash and for paying for goods and services in shops and restaurants. At the kassa (check-out points) in most shops in the Netherlands you will see a small numeric keypad. To pay with your debit card, insert the card and enter your PIN (Personal Identification Number). The amount that you have spent will be debited from your account immediately.

You can also use the debit card at a bank cash machine. The withdrawal limit may be lower if the cash machine is not from your own bank and you may incur a service charge. Your bank card and PIN code are also needed to operate your internetbankieren (internet banking) login device.

What if I want to use my PIN card abroad?

What if I have lost my bank card or had it stolen?

What is a contactless payment?

Are contactless payments secure?

Are credit cards given by banks to all customers?

How easy is it to pay using my credit card in the Netherlands?

What is internetbankieren (internet banking) and how to use it?

How can I access my bank details using mobile devices?

What is the currency in the Netherlands?

Can you explain the numbering conventions used in the Netherlands?

How to exchange foreign money in the Netherlands?

What is an acceptgiro?

Can I directly invest money in the stock exchange?

What types of loans (leningen) are available?