Move to Netherlands

Money Matters

Changing money – Generally, one can change money from banks, post offices (Postbank) and GWK currency exchange offices. Please note that the exchange rate does not differ from one bank to the other. However, the charges for changing money might differPaying methods – Cash, cards and money transfers.

There are several methods to pay for things, mainly in cash, with bank cards or credit cards or wire money by means of internet banking. Shops, stores and restaurants have a direct link with the bank system, where you have to pass your card through a card reader and you have to type your own secret four digit code. The bank checks whether or not you can cover for the amount after which you have to confirm the green button “ja” (yes).

 

‘Geldautomaat’ (ATMS or cash dispenser) are mainly found at every bank, post offices, railway stations and airports, other public areas where one can easily spend money and popular tourist places. Most of the dispensers accept all common known cards but it might be the case where you have to check the type of card you have with the symbols of the ATM to be sure you can withdraw money from that particular dispenser. Dutch bank cards are accepted in all kind of banks throughout the Netherlands. It’s important to keep in mind that you are only allowed to ‘pin’ money only once a day at an ATM from a different bank of yours.

Cost of living in the Netherlands – More»

Lost/Stolen Cards

To block a Postbank or ING account
Tel: 058 212 6000

To block a card from any bank account other than a Postbank or ING account
Tel: 0800 031

Banks are open on Monday from 13h00 – 17h00 and Tuesday to Friday from 09h00–17h00

If you live in The Netherlands you will probably need a Dutch bank account. Here are some of the most important banks where you can open a bank account.

Banks in The Netherlands

Sites in English
› ABN-AMRO
› ING
› Rabobank
› Fortis
› GarantiBank
› Van Lanschot

Sites in Dutch
› SNS
› Postbank
› ASN Bank
› DSB Bank

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