Actually, the New Zealanders and everyone else who decided to become residents of the Netherlands are in desperate need of the perfect bank. The recent changes in the accessibility of online banks make it easy to find an account suited for an international client base so there are good options for anyone seeking a solid and versatile account. Here is the list of the best online banks in the Netherlands that in some way or other differ by the offers and conditions for both the newbies and experienced residents of the country.

1. Bunq

Bunq is the power players’ pick when it comes to innovation and sustainability in the banking sector. Dutch Upside’s Bunq aspires to be the “Bank of the Free,” providing innovative, simple and customer-focused banking services, including many more that are explored in this article.” The star of Bunq is the Bunq app where all accounts and investments can be easily managed by a user.

• Multi-currency accounts: The Bunq allows its users to manage up to 25 sub-accounts in multiple currencies, it is ideal for operating international accounts.

• Instant payments: Regardless of the SEPA area, transfers are real-time, which is suitable for high-speed executing the financial operations.

• Travel Card: MasterCard-enabled Bunq Travel Card is basically a credit card through which users can make payments globally without possibility of overdraft.

• Eco-friendly initiatives: Bunq vowed to plant trees equal to €100 spent by customers, meaning that it attracts like-minded consumers.

• Pricing: Easy Bank comes at €2.99 monthly and Easy Green plan which is the most popular of all costs €17.99 monthly offering tree-planting benefits together with extra features and benefits.

2. ING’s Oranje Account

ING is the Dutch-based multinational banking company with one of its internet-only accounts, called Oranje Account and created for expats and Dutch people who would like a simple and versatile savings account. Although it is a conventional bank, all the services being offered by ING are developed for the online-based option.

• Global ATM access: They are able to withdraw cash from an automated teller machine anywhere around the globe because of the international debit card that is affiliated with the ING debit card.

• Mobile banking app: ING’s solution is convenient and they launched an app where users can find services such as bill splitting, as well as have quick access to saving goals.

• Advanced security: The ING app has brought in the feature of biometric security which enhances the safety feature for the users.

• Mortgage and loan options: ING’s position as a traditional bank allows expats to get mortgages and loans while being connected to the online platform.

• Fee structure: The Oranje Account will cost roughly €2.35 per month, and other charges such as those for using an ATM outside of EU countries in another currency include extra fees as well.

3. ABN AMRO

ABN AMRO is another big Dutch bank that offers both a full range of services and Internet banking services for foreigners. There is also evidence of strong online services provided by the Dutch giant known as ABN AMRO, which also comes with reliability and acceptance when making payments and dealing with the local facilities.

• English-language support: For its foreign clients ABN AMRO has customer support in English and an application in English as well.

• Student and youth accounts: ABN AMRO aims at the young people that is why it has special programs for the people under twenty five years old and students, thinking of which it is a perfect choice for students studying in the Netherlands.

• Easy-to-navigate app: Transactions may be tracked, automated payments may be arranged and other services such as insurance can also be accessed.

• Security options: The security features in the operation include facial identification and touch this year metallic fingerprints.

• Pricing: The standard account costs around €2.95 per month, while the premium options include additional services like insurance.

4. N26

N26, founded in Berlin has already established itself pretty well in the Netherlands particularly among the foreigners living in the country. As for N26, this company does not have any branches and works only through the Internet and special applications that are helpful and convenient. As a newbie in the Netherlands or if you prefer no hidden fees and simple tariffs, N26 will be a great choice.

• Account tiers: At N26, you will find several accounts – the Standard account is free; the second is called You and costs €9.90 per month; and the third is Metal which costs €16.90 per month. The tiers are up and the benefits of each tier ranges from travel insurance to ATM withdrawals limits.

• Instant notifications: N26 has real-time notification of each transaction meaning the users are always on the know of how they are spending.

• European banking license: Being a Germany based financial institution it has a German banking license that provides European deposit insurance that covers up to €100,000 for its total deposits.

• Integration with Apple Pay and Google Pay: Perfect for users, who like utilizing digital wallets.

• Insights and budgeting tools: This application provides the recommendations given, and the application sorts the expenses by categories so that users can easily track the spending.

5. Revolut

With its different capacities for banking and finance, Revolut has spread across different regions in Europe. It’s not a Dutch bank but Revolut is available in the Netherlands and gives international clients a smooth user experience with their application, multiple currencies, and cryptocurrencies.

• Free and premium plans: Revenue comes via a free Standard pack and paid options offered by Plus (€2.99 per month), Premium (€7.99) and Metal (€13.99) packs that bring in cash back per purchase and insurance, among others.

• Multi-currency support: People who are using Revolut can receive, store, convert, and transfer money in more than 30 currencies with the current interbank rates.

• Investment options: Unlike most other online banks, Revolut offers customers the opportunity to trade stocks, cryptocurrencies, and commodities in the app.

• Fee-free international transfers: SECTION 4: INTERNATIONAL TRANSFER AND WITHDRAWAL The SEPA region is completely free, and other transfers are relatively cheap at Revolut.

• 24/7 customer support: Revolut’s premium customers receive priority support.

Selecting the Appropriate Bank

When selecting an online bank in the Netherlands, it’s helpful to focus on a few key factors:

• Account Fees: Do the monthly or yearly fees fall within your budget and do you need/need not have access to that specific type of banking service?

• International Transfers: If there are plans to transfer or receive money from other countries most of the time, it is best to search for those with low, or possibly no, foreign exchange costs.

• Customer Support: In case of dealing with a new banking system, known and trustworthy customer service is invaluable.

Every bank has its own specialty in its sense. To sum up, no matter if you are an expat who is searching for the options wanted when working overseas, a student who demands low fees for basic accounts, or a freelancer that requires business oriented instruments in banking, you will find the bank from the list that has the most suitable offer for you.