October 26, 2020

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Dutch bank account may be more expensive for foreigners | Financial

Dutch bank account may be more expensive for foreigners | Financial

From 1 October this year, ING intends to charge a surcharge for foreign account holders. You must pay 1 euro per month in addition to the regular fees that customers already have to pay for their bank account.

Measure

But on Friday, doubts arose in the European Parliament about the legality of the measure the bank intends to take, because it would not only hinder the free movement of capital and payments, but would also violate the principle of non-discrimination.

In addition to ING, ABN Amro is also considering getting foreign account holders to pay more. Rabobank has no plans in this direction, according to the newspaper.