Bank Account

Nyenrode Impact MBA

Dutch bank account

Scholars who do not have a SEPA* account in another EU country are recommended to have a Dutch bank account.

If you do not already have a SEPA-account in an EU country, we strongly advise you to open a Dutch Bank Account after your arrival to facilitate money withdrawals, buying everyday products, and/or (international) transactions.

To create an account with a Dutch bank, you'll usually need a BSN (social security number), which is granted once you register with your local municipality. However, each bank may have its own set of requirements. The most significant are:

  • A valid identity document (for non-EU students/scholars: passport).
  • A Dutch address for the duration of your stay.
  • A proof of employment or university enrollment.

Please look into your options to see which one is the greatest fit for you. The big three banks in The Netherlands are:

*SEPA stands for Single Euro Payments Area.

Nyenrode will be closed for the holidays. You are still welcome to apply for our programs, but please note that applications, emails, questions, and requests will be processed starting January 6th. Wishing you a wonderful holiday season!