Banking In the Netherlands

As an international student it is advised that you open a Dutch bank account as soon as possible. If you’re from the EU/EER and have a SEPA (single euro payments area) card you can still use your foreign card as usual, but it’s advisable that you switch just to make payments easier and it’s also necessary if you want to work in the Netherlands. Other cards may also work for shopping but most places do not accept foreign cards and it is not always possible to find ATM’s that take foreign cards, also the withdrawal fees really add up.

These things are needed to open a Dutch account:

  • A valid address in the Netherlands
  • A valid passport
  • A BSN number
  • Student enrollment letter (for a student account)

Although it is possible to apply for an account without a BSN number not all banks comply with this. The university of Groningen has an agreement with ING bank and Hanze has an agreement with Rabobank meaning you can open a bank account without a BSN number- but in order for your account to stay active you have to apply for a BSN number within a month and inform them when you get it.

Bank accounts are generally free for students but this does not always extend to international students. So check beforehand if this is an issue for you- normally it costs around 1.50 euros a month.

Banks in Groningen:

  • ING: Hereplein 51, 9711 GD
  • Rabobank: Guldenstraat 12, 9712 CE
  • ABN Amro: Grote Markt 22, 9712 HV
  • SNS: Oude Ebbingestraat66, 9712 HM
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