Whether you live in the Netherlands, are moving there as an expat, or run a business, choosing the right bank is important. The Dutch banking market has large traditional banks, cooperative banks, digital banks, and specialist providers, so customers have different options for personal and business banking.
If you are setting up a business in the Netherlands, opening a suitable business bank account is also an important part of establishing your operations. But with so many banks and account options available, which one should you choose? In this guide, we compare the best banks in the Netherlands, including major Dutch banks and digital banking providers. We also cover options for expats, businesses, online banking, savings, and opening a Dutch bank account.
Best Banks in the Netherlands at a Glance
| Bank | Best suited for | Banking type | Expat banking | Business banking |
|---|---|---|---|---|
| ABN AMRO | Personal, expat, and business banking | Traditional bank | Yes | Yes |
| ING | Everyday personal and digital banking | Traditional bank | Yes | Yes |
| Rabobank | Personal, business, and SME banking | Cooperative bank | Yes | Yes |
| ASN Bank | Personal banking and sustainability-focused customers | Traditional bank | Available | Yes |
| bunq | Digital and flexible banking | Digital bank | Yes | Yes |
| Revolut | International and multi-currency banking | Digital bank | Yes | Yes |
| N26 | Digital everyday banking | Digital bank | Yes | Limited/varies |
| Knab | Online personal and business banking | Digital bank | Eligibility applies | Yes |
The best choice depends on what you need. A bank that works well for an expat may not be the right choice for a Dutch company, someone who makes frequent international transfers, or someone who prefers to do all their banking online.
What Are the Best Banks in the Netherlands?
The Netherlands has several established banks that provide personal and business banking services. There are also digital banks that focus on mobile and international banking. ABN AMRO, ING, Rabobank, and ASN Bank are among the major providers. Bunq, Revolut, N26, and Knab offer digital alternatives.
Your choice will depend on the type of account and services you need.
- Account fees and transaction costs
- Personal or business banking services
- English-language support
- Mobile and online banking
- International payments
- Savings and other financial products
- Branch and ATM access
- Account-opening requirements
- Deposit protection
Below is a factual overview of the main banks and what they offer.
1. ABN AMRO
Overview:
ABN AMRO is a major bank in the Netherlands. It offers personal and business banking, including current accounts, savings, mortgages, loans, and investment services. It also has dedicated services for international customers and expats.
ABN AMRO has an International Clients Desk for international customers, with English-speaking advisers available. Eligible customers can start opening a Dutch current account without a BSN. They still need an official Dutch address and must provide their BSN within the timeframe set by the bank. The bank’s mobile app and internet banking services are available in English.
Key features
- Personal and business banking
- Current and savings accounts
- Mortgages, loans, and investments
- English-language mobile and online banking
- Dedicated International Clients Desk
- Account opening through the mobile app
Best suited for:
ABN AMRO is particularly relevant for expats and international customers, as well as individuals and businesses looking for a full-service Dutch bank.
2. ING
Overview:
ING is one of the major banks in the Netherlands. It offers personal and business banking, including current accounts, savings, loans, mortgages, and other financial services.
ING also provides extensive digital banking. Customers can manage their accounts through the ING app and My ING. English-language information and digital banking support are also available.
Key features
- Personal current accounts
- Savings accounts
- Mobile and internet banking
- Loans and mortgages
- Business banking
- Investment and other financial services
Best suited for:
ING can be a suitable choice for customers who want a large Dutch bank with digital banking and a wide range of financial products.
3. Rabobank
Overview:
Rabobank is a Dutch cooperative bank that serves both individuals and businesses. It offers payment accounts, savings, mortgages, insurance, and business financing.
For expats and international customers, Rabobank also provides relevant information and support. The Rabo app is available in English, and the bank has more than 100 branches across the Netherlands. Customers can manage their finances through both internet and mobile banking.
Key features
- Personal banking
- Savings and payment accounts
- Mortgages and insurance
- Business banking and financing
- English-language Rabo App
- Local branches
- Online and mobile banking
Rabobank also offers business banking through Rabo Business Banking, including online and mobile access for business customers.
Best suited for:
The bank is a relevant choice for individuals, entrepreneurs, SMEs, and businesses that want to combine digital banking with access to local banking services.
4. ASN Bank
Overview:
ASN Bank became the retail banking brand after the transformation of the former De Volksbank organization. The new ASN Bank organization officially launched on 1 July 2025, with SNS customers moved to the new ASN Bank structure.
The bank offers several personal banking products, including payment accounts, savings, mortgages, and other financial services. Its banking approach continues to place a strong emphasis on sustainability.
Key features
- Personal payment accounts
- Savings products
- Mortgages
- Digital banking
- Local banking services
- Sustainability-focused banking
As part of the transition, former SNS branches are being rebranded as ASN Bank, while the bank continues to develop its customer-service network across the Netherlands.
What happened to SNS Bank?
SNS should no longer be presented as a separate major retail bank in a current 2026 comparison. The SNS brand was incorporated into the new ASN Bank organisation in July 2025.
5. Bunq
Overview:
Bunq is a fully licensed Dutch bank built around mobile banking. Customers can use the Bunq app to open and manage their accounts without needing to visit a physical branch.
The bank offers Dutch IBAN accounts in the Netherlands, along with services for both personal and business customers. Deposits that qualify for protection are covered by the Dutch Deposit Guarantee Scheme up to €100,000 per depositor, subject to the applicable rules.
Key features
- Dutch IBAN
- App-based banking
- Personal accounts
- Business accounts
- Digital account opening
- Multiple banking features managed through the app
- Dutch deposit guarantee for eligible deposits
Best suited for:
Bunq can suit people who prefer managing their banking digitally, including internationally mobile customers, freelancers, and businesses.
6. Revolut
Overview:
Revolut provides digital banking services with a particular focus on international payments and managing multiple currencies. Eligible Revolut customers in the Netherlands can receive a Dutch IBAN. With its Dutch service, customers can receive their salaries and make local payments, while the app also supports international transfers and multiple currencies.
Revolut Bank UAB holds a Lithuanian banking licence, so eligible deposits are protected under the applicable Lithuanian deposit guarantee scheme instead of the Dutch Deposit Guarantee Scheme.
Key features
- Dutch IBAN for eligible customers
- Multi-currency services
- International transfers
- Mobile banking
- Local euro payments
- Salary payments and direct debits
Best suited for:
Expats, international workers, travellers, and people who frequently use different currencies may find Revolut useful.
7. N26
Overview
N26 is a European digital bank that provides app-based banking to eligible customers living in the Netherlands. Account opening and management can be completed online, provided customers meet N26’s eligibility and identity-verification requirements. According to N26, residents of the Netherlands can use its services, although the products offered may differ from one country to another.
Key features
- App-based banking
- Digital account opening
- Card payments
- Money-management features
- Personal and selected business products
- German deposit protection for eligible deposits
N26 states that eligible deposits are protected up to €100,000 under the German Deposit Protection Scheme.
Best suited for:
Customers who are comfortable with online banking and do not need physical branches can consider N26.
8. Knab
Overview:
Knab is a Dutch online bank that provides personal and business accounts, mainly focusing on digital banking and solutions for entrepreneurs.
For business customers, Knab provides features including multiple payment accounts, savings accounts, payment tools, and accounting integrations. The bank says that its business banking services are used by more than 350,000 entrepreneurs.
Key features
- Personal accounts
- Business accounts
- Online account opening
- Mobile banking
- Multiple payment and savings accounts
- Business banking tools
- Accounting integrations
Knab’s current business-account eligibility varies by legal structure. For example, its published requirements and pricing differ between sole proprietorships and BV companies.
Best suited for:
Freelancers, self-employed professionals, and small businesses looking for online banking may find Knab particularly relevant.
Which Bank Should You Consider?
No single bank fits every customer.
- Expats and international customers: ABN AMRO and Rabobank offer dedicated support. bunq, Revolut, and N26 are app-based alternatives.
- Traditional full-service banking: ABN AMRO, ING, Rabobank, and ASN Bank.
- Digital banking: bunq, Revolut, N26, and Knab.
- Businesses: ABN AMRO, ING, and Rabobank are established choices. bunq and Knab offer digital-focused business accounts.
- International payments and currencies: Revolut.
Before opening an bank account, review current fees, eligibility, services, and deposit protection, as these change over time.
Best Banks for Savings in the Netherlands
Do not choose a bank only for its current account. For savings, compare:
- Interest rate and whether it is variable or fixed
- Minimum deposit and maximum balance
- Withdrawal conditions
- Account fees
- Deposit protection
- Promotional rates and tax considerations
Rates change frequently, so confirm the current rate with the bank before opening an account.
How to Choose a Bank in the Netherlands?
Before opening an account, compare the following factors.
- Account type: Decide between personal, joint, savings, or business.
- Fees: Check monthly, card, cash withdrawal, and international transfer fees.
- Expat support: Confirm English-language apps, websites, and customer service.
- Digital banking: Review app features, payment controls, and security.
- International payments: Compare exchange rates, transfer fees, and supported currencies.
- Branch and ATM access: Important for face-to-face support, less so for digital-first users.
- Business services: Compare payment tools, financing, accounting integrations, and user access.
- Eligibility: Confirm you meet requirements based on nationality, residency, and BSN status.
Are Dutch Bank Accounts Protected?
Eligible deposits held with participating banks are generally covered by the Dutch deposit guarantee system, subject to the applicable conditions and limits.
However, the exact protection depends on the legal entity providing the account and the relevant deposit guarantee scheme. This is particularly important when comparing digital banks and providers operating through branches of banks based in other European countries.
Check the applicable deposit guarantee information before opening an account.
Conclusion
Traditional banks such as ABN AMRO, ING, Rabobank, and ASN Bank offer broad personal and business services. Digital providers such as bunq, Revolut, N26, and Knab suit customers who prefer apps or need international features. Expats should focus on English-language support, account-opening requirements, and international services. Businesses should compare account fees, payment services, financing, and digital tools.
If you are setting up a business in the Netherlands, OnDemand International can assist with company formation, business setup, and related banking requirements. Contact OnDemand International today to discuss your Netherlands business setup.
FAQs
What are the best banks in the Netherlands?
The main traditional banks are ABN AMRO, ING, Rabobank, and ASN Bank. For app-based banking, try Bunq, Revolut, N26, or Knab. The best fit depends on whether you need personal, expat, or business banking.
What is the best bank in the Netherlands for expats?
ABN AMRO and Rabobank have services for international customers. Bunq and Revolut are popular app-based options. Compare English support, fees, and international transfer costs.
Can foreigners open a bank account in the Netherlands?
Yes. You’ll usually need a valid ID, a Dutch address, and a BSN. Rules vary by bank, so check first.