Money Matters


Bank Account

Expats setting up their new life in the Netherlands will need to open a Dutch bank account to receive their salaries, rent an apartment, or to just take a trip down to the supermarket where they can "pin" for groceries.

Banks in the Netherlands
Before you go to open your bank account, you need to choose which bank suits your needs or principles. You should also take into account that most banks charge a yearly fee for having an account with them.

How to open a Dutch bank account
To open a private bank account in the Netherlands you will need to either make an appointment online, or simply walk into your nearest branch with all of your details. In some cases it is possible to have a bank employee come and meet you at home or at work to set up the account.

Documents for a Dutch bank account
To open a bank account in the Netherlands you will need the following:
› Your BSN number (Burgerservicenummer)
› A valid form of ID (passport or identity card - often a drivers license is not acceptable)
› Proof of address (i.e. a rental contract)
› Residency permit if you come from outside of the EU

Once all the details have been processed you will have to simply wait until your account is approved and your new pinpas is sent out to you.

Source IamExpat

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