29 September 2023 4 minutes

How to send money to the Netherlands

In this guide, we’ll cover everything you need to know about sending and receiving business payments to the Netherlands, including how long it takes, how much it costs, and more.
How to send money to the Netherlands

The Netherlands has a pro-business outlook, welcoming foreign entrepreneurs and investors from around the globe. With over 1,000 new businesses choosing to set up operations in the Netherlands each year, many will want to know what payment options are available when it comes to making business transactions. We'll delve into those shortly, bu first, let's explore the payment networks that are supported in the Netherlands.



How much does it cost to send money to the Netherlands?

First things first, let’s go over the fees. Depending on which method you use to send money to the Netherlands, you may face additional charges such as: 

  • Outgoing transfer fees
  • Receiving fees
  • Initiation fees
  • Exchange rate costs
You’ll likely be charged a flat fee for sending an international transfer. A bank in the UK, for example, will typically charge between £20-£40. 3S Money, however charges just $1 (or your local equivalent) per transfer, regardless of how much you send. More about 3S Money pricing

What payment networks are available in the Netherlands?

Now that we’ve covered the fees, let’s move on to what payment networks are available for sending money to the Netherlands. 


iDEAL is one of the most popular online payment methods in the Netherlands. Launched in 2005, it offers a real-time bank transfer system that allows businesses to make payments directly between bank accounts. The strength of iDEAL lies in its integration with the major Dutch banks, which means that if a business supports iDEAL payments, it can reach almost the entirety of the Dutch market.

SEPA Direct Debit

SEPA (Single Euro Payments Area) Direct Debit is a European-wide payment system that allows for the direct debit of euro transactions. Dutch businesses can utilise this system to make payments as well as collect payments from their European partners. 

This system standardises the direct debit process across the participating countries, making transactions to and from the Netherlands more predictable and straightforward.


Though primarily associated with Belgium, Bancontact is also recognised and used in parts of the Netherlands, especially in regions close to the Belgian border. As a dual payment system, it supports both card-based transactions and direct online transfers. B2B businesses operating in these regions or with Belgian partners might consider offering Bancontact as a payment method.


SWIFT is a global messaging network used by banks and financial institutions to securely send and receive information. 

For Dutch businesses making international transactions, SWIFT is an indispensable tool. The system ensures that cross-border payments are both secure and standardised. With most providers, it can cost businesses anywhere up to $25 for SWIFT payments but with a 3S Money International Business Account, it costs only $1 to send and $0 to receive payments using SWIFT. Get started with your account today.


What payment methods are supported in the Netherlands?

Several B2B payment methods are available to businesses in the Netherlands, including. Let's explore some of those:

Bank transfers

Bank transfers, particularly within the SEPA area, are commonly used for B2B transactions in the Netherlands. This method is often preferred for its transparency, security, and relatively low costs. The popularity of online banking platforms in the Netherlands makes it easy for businesses to execute, track, and confirm their transfers.
Domestic bank transfers using IBAN, are also quite common. They offer a fast, reliable, and cost-effective method for businesses to settle their invoices, especially when dealing with partners in the same country. With a 3S Money account, you can get a local IBAN in the countries you do business in, including the Netherlands. Other local IBANs 3S Money offers are:
  • United Kingdom (UK)
  • Denmark
  • Germany
  • Luxembourg

Credit and corporate cards

While credit cards are more prevalent in B2C transactions in the Netherlands, they still have a role in the B2B sector, especially for international transactions. Major networks like Visa, Mastercard, and American Express are supported.
For businesses that have international clients or suppliers, accepting credit card payments can be advantageous.

Digital invoicing

Digital invoicing has seen a significant uptick among Dutch B2B businesses. E-invoicing streamlines the payment process, reduces administrative overhead, and speeds up the transaction cycle. With solutions like PEPPOL (Pan-European Public Procurement On-Line), businesses can send structured electronic invoices across Europe, ensuring compatibility and simplifying cross-border transactions.

Currencies supported by 3S Money

For business that want to receive money from the Netherlands, we support the following currencies:
  • EUR
  • USD
  • GBP
For businesses planning to send money to the Netherlands, 3S Money offers the following currencies:
  • EUR
  • USD
The delivery time is between 1 and 5 working days, with support for SWIFT and SEPA payment networks.  

Why choose 3S Money for sending money to the Netherlands?

With its multi-currency business accounts, companies can streamline their cross-border transactions without the usual hindrances posed by traditional banking systems. 
When it comes to Dutch businesses that operate in a trading nexus like the Netherlands — a nation known for its global trade history and robust export sector — the benefits of using a service like 3S Money are considerable. 
Here are just a few reasons why businesses prefer using 3S Money to receive or send money to the Netherlands:
  • Quick transfers
  • Transparent fees
  • Multi-currency support
  • Dedicated account manager 
  • Regulatory compliance (3S Money is FCA , DFSA and CSSF registered)
  • Accounts tailored for each international businesses

Open your International Business Account with 3S Money today

3S Money supports 190+ countries and offers local Dutch IBANs for companies that want to grow in the Netherlands. We aim to create a fairer, more equitable financial landscape for businesses by offering cross-border payment support. Take the first step with us today - check your eligibility for a 3S Money account and be pre-approved in as little as fifteen minutes.

Meet the authors

Matthew Ivo


Matthew Ivo is the Senior Content Manager with a strong background in crafting engaging finance-related articles. With extensive experience in the field, Matt’s writing brings clarity and valuable insights to complex financial topics, captivating readers with his expertise.


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