Banking in the Netherlands
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?
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?
A wide range of loan facilities is offered by the Dutch banks. Personal loans (usually for a fixed term and a fixed interest rate during the term of the loan), overdraft facilities and credit loans (the ability to withdraw as much as you need and repay in full whenever you can afford to do so) are typical. They offer varying degrees of flexibility, but it is better to discuss your requirements in detail with your bank before deciding which type of loan will suit you best. Insurance to protect your repayments is available should you become unable to pay due to disability, unemployment, etc. Generally, anyone between the ages of 18 and 69 years who is a resident in the Netherlands and in possession of a residence permit (where applicable) and has proof of a regular income is eligible for a loan. All loan applications are also checked and registered with the Bureau Krediet Registratie – BKR (Central Credit Registration Agency). The loans must be fully repaid before leaving the Netherlands.