ACCESS NL > Relocating to the Netherlands > Banking in the Netherlands > What are the requirements to open up a bank account?

Banking in the Netherlands

Are credit cards issued by banks to all customers?

Are contactless payments secure?

What is a contactless payment?

What types of loans are available?

Can I directly invest money in the stock exchange?

What is iDeal?

What is an acceptgiro?

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

How can I access my bank details using mobile devices?

Can I pay in a shop by using my mobile phone?

How to exchange foreign money in the Netherlands?

What is PSD2?

What is IBAN?

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

What if I want to use my PIN card abroad?

How do I use my bank PIN card?

How does a current account operate?

What are the accounts and services offered by banks?

What are the requirements to open up a bank account?

You are advised to check with the local branch of your chosen bank for their specific requirements. The usual requirements are:

  • proof of identity (passport or identity card)
  • official proof of address, such as a tenancy agreement
  • your burgerservicenummer – BSN (citizen service number).
  • proof of your income, unless you are only opening a spaarrekening (savings account). Your contract of employment or three consecutive pay slips will be accepted by most banks as proof.

A valid phone number (preferably a Dutch number) for communication purposes if you are staying for more than four months. As a new client, the bank may wish to check your credit history. Hence, the bank may instigate a credit check and register you with the Bureau Krediet Registratie – BKR (Central Credit Registration Agency).

How can I open a bank account?

Can you explain the numbering conventions used in the Netherlands?

What is the currency in the Netherlands?