Bank accounts

Bank accounts

Set up your finances in the Netherlands with the right combination of providers. For most organisations, Triodos handles the main account; GoDutch adds virtual credit card functionality for team spending.

Our recommendation

This combination gives your organisation a mission-aligned main account with a full Dutch IBAN, plus the flexibility of multiple virtual credit cards for different team members (handy if you have more people doing shopping).
If your organisation does not need credit cards, Triodos alone is sufficient.

Comparison

Bank
Values 🌱
Limitations ❌
Timeline
Triodos
Check Mark ButtonCheck Mark ButtonCheck Mark Button Triodos has an  explicit sustainable banking mission  and consistently  ranks top in the 'eerlijke bankwijzer' 
  • Triodos does not offer credit cards. that's why we recommend to use GoDutch next to it.

  •  Triodos currently states  the process can take up to 8 weeks, though in our experience approval came through in way sooner (2 weeks)
GoDutch
Check Mark Button GoDutch  contributes to land restoration and supports charities , but your funds are ultimately held by BNP Paribas (via Swan), a large conventional bank with no particular sustainability mission
  • GoDutch does not support multiple budget approvers. For organisations where financial governance requires separate approval levels, factor this in before signing up.
  • GoDutch is not currently available outside the European Economic Area (EEA).
  • Takes about 2 days


What we do not recommend

We do not recommend Bunq, because:
  • Our experience with onboarding and support has been consistently more cumbersome than the alternatives.
  • For audit purposes it is good to have different approval levels, and Bunq doesn't currently support that.