Moving to a new country involves numerous challenges, and managing finances is often one of the most daunting. For international students in the Netherlands, traditional banks can present complications like paperwork in a foreign language, unexpected fees, and services that aren’t tailored to student needs. That’s why student Mobility recommends Bunq—an innovative solution designed to simplify banking designed for your global lifestyle.
1. No BSN Number Needed
A major benefit of Bunq is that it does not require a BSN (registration citizen service number) to open an account. This feature is especially useful for international students who may not yet have their BSN. With Bunq, you can set up an account and begin managing your finances right away, you don’t have to wait for lengthy administration processes.
2. Easy Setup
Bunq allows you to open an account fully online with just a few taps on your smartphone. This process is straightforward, requiring only an ID and your smartphone—no need for lengthy appointments or waiting periods. This feature is particularly beneficial for students who are often pressed for time and need immediate access to banking facilities.
3. Multilingual Support
Understanding the nuances of banking terms can be tricky, especially in a foreign language. Bunq offers customer service in multiple languages, making it accessible for international students who might not be fluent in Dutch. This support ensures that you can always get help whenever you need it, in a language that you're comfortable with.
4. No Hidden Fees
Bunq is transparent about its fees, which are lower compared to traditional banks. There are no charges for basic account operations, and international students can benefit from free ATM withdrawals within limits and low-cost international transfers.
5. Innovative Features
Bunq is packed with features that cater specifically to the needs of (international) students. These include the ability to set up multiple sub-accounts for budgeting, real-time notifications of all transactions, and easy sharing of accounts with other students or your roommates for shared expenses like rent or utilities.
6. Works with IDeal
With Bunq you can access the Dutch online payment system called iDeal, which is your easiest, cheapest, and sometimes the only option available for certain transactions in the Netherlands. In fact, setting up a Bunq account ensures a seamless and hassle-free financial experience throughout your stay in the Netherlands.
+1 Sustainability
Bunq also appeals to environmentally conscious students. It offers features like ‘Green Cards’ that plant trees for every €100 spent. Choosing Bunq means you’re not just managing your money efficiently—you’re also contributing to a greener planet.
Setting up an account with Bunq is simple:
For international students in the Netherlands, Bunq is more than just a digital bank—it's a tool that supports your dynamic lifestyles with a modern approach to banking. Its innovative features, ease of use, and commitment to sustainability make it an excellent choice for those looking to manage their finances efficiently while abroad. Choose Bunq, and experience a fresh, hassle-free approach to banking that keeps pace with your student life.
