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Best Way to Do International Banking in Netherlands12 min read

Best Way to Do International Banking in Netherlands12 min read

Reading Time: 5 minutes

From navigating an unfamiliar banking system to keeping up with international transfers, managing your money takes an extra layer of planning. 

However, with the right digital banking platform, international banking in the Netherlands doesn’t have to be stressful or difficult.

The Netherlands has a highly developed banking sector but opening a traditional bank account as a non-resident can have its challenges. Banks often require documents like a BSN (citizen service number) that expats may not have at the beginning. 

Thankfully, newer online international banks offer streamlined account openings without such strict requirements. For expats looking for easy global banking services, The Kingdom Bank stands out as one of the top options for international banking in the Netherlands.

How to Do International Banking in the Netherlands?

While the major Dutch banks like ING and Rabobank are solid choices, establishing an account can be an arduous process without full residency paperwork.

Foreign nationals may find it difficult to gain full banking functionality from the start. Meanwhile, online challenger banks provide a simpler solution.

As a fully licensed digital offshore bank, The Kingdom Bank allows users to handle all their global banking needs from anywhere in the world through its mobile and web platforms. 

New customers can sign up in minutes by uploading identification and verifying their identity online – no need to visit a branch. 

Once opened, The Kingdom Bank accounts grant instant access to key features like:

  • International money transfers between accounts worldwide via SWIFT or SEPA. Unlike with traditional banks, transfers between The Kingdom Bank customers are free and instant.
  • Virtual and physical debit Mastercard® for making purchases anywhere Mastercard is accepted.
  • Multi-currency wallet to hold funds in euros, US dollars, British pounds and more with competitive exchange rates.
  • Online and mobile banking 24/7 via The Kingdom Bank app and web client. Funds are fully insured by the Deposit Insurance and Resolution Authority making The Kingdom Bank one of the safest choices.
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international banking

Is It Possible to Open an International Banking Account in the Netherlands?

Yes, thanks to newer fintech challengers, it’s absolutely possible for expats and foreigners to open an international bank account in the Netherlands without a Dutch residency permit or BSN number. Though major banks insist on full documentation, digital-first alternatives like The Kingdom Bank take a more flexible approach.

Expats can sign up for The Kingdom Bank online from anywhere in the world and gain instant access to banking services that integrate seamlessly with life abroad. 

Whether you’re just starting your move or have been in the country for years, The Kingdom Bank streamlines tasks like receiving international money transfers, paying bills across borders, and storing funds in major currencies. The added bonus? Customer support is available around the clock in several languages.

International banking used to mean juggling multiple accounts across institutions. 

With an innovative player like The Kingdom Bank handling finances digitally, expats get a one-stop solution tailored for their global lifestyle. Sign up and take control of banking from your phone or computer wherever you are.

How to Open an International Bank Account in the Netherlands Online?

Opening an international bank account in the Netherlands online is easy with the right online international digital bank

The five simple steps to create a The Kingdom Bank account entirely from your device are:

  • Sign up on The Kingdom Bank website or mobile app and fill in your personal details.
  • Securely upload identification like a passport or driver’s license for verification.
  • Complete a quick video verification call so agents can match your face to your documents.
  • Set up your personal security credentials like login details and two-factor authentication.
  • Your account is instantly activated! Log in to manage funds, make transfers and access all features.
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That’s it – no waiting periods or need for on-site documentation. Within minutes, international clients can start taking advantage of The Kingdom Bank’s suite of online and mobile banking tools. 

Digital banking brings the convenience of managing finances from anywhere while still providing top-tier security, customer assistance and regulatory oversight.

Which Online Bank is the Best to Open an International Banking Account in the Netherlands?

When it comes to doing international banking in the Netherlands, having the right online bank makes the process painless. 

Major Dutch institutions pose challenges for those without full residency papers like a BSN number. However, newer challengers engineer their platforms specifically for global clients.

The Kingdom Bank stands out from other online international bank options as the clear frontrunner. 

As a fully regulated and licensed digital offshore bank, its account services are specially catered for the nomadic lifestyles of expats living between countries.

Key reasons why The Kingdom Bank delivers the best experience:

  • Streamlined account openings without strict ID requirements – just a valid document and video verification call.
  • Instant global access to money management tools via the highly-rated The Kingdom Bank app and web platform 24/7.
  • Top-tier security with bank-grade encryption, two-factor authentication and coverage by deposit insurance schemes.
  • All-in-one multi-currency wallet for seamless money transfers between euro, dollar, pound and other major currencies.
  • Available customer assistance via phone, email and live chat in multiple languages.

With its focus on flexibility, convenience and providing an entire digital banking suite optimized for the international client, The Kingdom Bank earns its reputation as the premier choice for international banking in the Netherlands done right. Sign up from anywhere with an internet connection.

international banking

How to Open a Bank Account in the Netherlands Without Being a Citizen?

While residency or citizenship can make opening a bank account in the Netherlands simpler, it isn’t always necessary depending on the financial institution. Traditional Dutch banks usually require proof of address in the form of rental contracts or utility bills along with local ID documentation.

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However, for foreigners and non-residents, innovative digital banking alternatives remove barriers to setting up a Dutch account. 

As one of the top online international banks, The Kingdom Bank welcomes clients no matter where they’re based. All that’s required is a valid form of ID and short video call – residency status doesn’t factor into the eligibility criteria.

Once approved, non-citizen users gain the same full-featured banking services as local residents through The Kingdom Bank’s mobile app and website. That means tools like:

  • Digital wallets to pay bills, shop online and send money across borders effortlessly via SEPA or SWIFT transfers.
  • Physical and virtual debit cards delivered worldwide for making POS and ATM withdrawals anywhere.
  • Multi-currency accounts supporting euro, dollar, pound and several more valued currencies for balanced finances abroad.
  • 24/7 online banking access from any device along with around-the-clock customer phone, email and chat backup.

So if you’re residing or traveling in the Netherlands but don’t hold residence papers, have no fear – simply sign up for a stress-free The Kingdom Bank account on your schedule to gain the essential global banking services you need wherever life takes you.

Whether you’re an expatriate, digital nomad or occasional world traveler, modern online banks now deliver versatile international financial solutions tailored for today’s globally mobile lifestyles. 

With economic pressures and an unstable world, having a trustworthy digital banking partner like The Kingdom Bank brings welcome peace of mind. Try opening your first international bank account from anywhere – it’s easier than you think.

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