Opening a Dutch Bank Account

A Dutch bank account is required for every entrepreneur’s application. Short explanations of banking in the Netherlands are below:

• Private Bank Accounts
  • Dutch law requires banks to know the identity of every customer. You will require a ‘BSN’ number (available from your Municipality on arrival), proof of ID and you must also be physically present to open an account.

• Business Bank Accounts
  • Again, ID is required to open a business account, as well as your companies’ Chamber of Commerce number. If you do not yet have a Chamber of Commerce number, a signed letter from the IWCN and your facilitator will suffice.