To receive your salary and pay expenses such as rent and electricity you need to open a bank account. You can go to a bank in person, but the majority of banks in the Netherlands offer services electronically.

Methods of payment

In the Netherlands, payment is usually made in cash with euros or by debit card (pinpas). Most places, including hotels, restaurants and bars accept credit cards. Cheques are not commonly used in the Netherlands. Banks offer package deals which include a variety of services and means of payment.

Many shops, as well as parking metres, offer the option of paying with a cash card (chipknip).The cash card is specifically used for smaller payments and can either be a separate card or be linked to your bank card. This depends on the bank you choose.

Opening a bank account

To open a bank account, go to the bank branch in your area, or visit one of the their websites. There are many banks to choose from. The four major ones are ABN AMRO, ING, Rabobank and the KNAB (online only).

To open a bank account in person, take the following documents with you:

proof of identity (passport or identity card)
official proof of address, such as a tenancy agreement
personal public service number(burgerservicenummer)
if you are from a country outside the EU, your residence permit or registration with the Foreign Police (Vreemdelingenpolitie).


You need to have an address in the Netherlands and a personal public service number in order to open an account.

Costs of a bank account

Most banks charge an annual fee. The fee is dependent on the type of account and the method of payment you choose. Annual costs vary between 10 and 60 euros with less expensive options in place for students. If you would like a credit card with your Dutch account, the bank charges additional costs.