Best business bank account for webshop
As a webshop owner, payments from customers come in daily, invoices are sent to suppliers, and your VAT administration must be accurate to the penny. A business account that fits this well is not a side issue. The best business account for a webshop combines low transaction costs, fast integrations with your sales platform, and an overview that does not make your administration unnecessarily burdensome.
For webshops that sell through multiple channels or operate internationally, additional requirements are added. Think of the ability to receive in multiple currencies, low transaction costs per payment, and a platform that integrates easily with your accounting software. A business account for a webshop is therefore a foundation on which the rest of your financial processes rely.
Why does your online shop need a business bank account?
A business account is not a legal requirement for webshops, but in practice it is indispensable. Payments via payment providers such as Mollie, Stripe or Adyen are generally paid out into a business account, and many suppliers and wholesalers prefer not to work with a private account number. In addition, a separate business account makes your bookkeeping considerably clearer: income and expenses are clearly separated from your personal money, which makes your quarterly VAT return and year-end closing much easier.
Anyone starting a webshop or considering switching would do well to first determine what is required to open a business account. Costs, ease of use and digital capabilities play a major role in this. The right choice also depends on your legal structure: for example, you can choose a business account for a private limited company (BV) or a business account for a general partnership (VOF). In this overview, we list the most popular business accounts in the Netherlands and clearly explain the key differences, specifically from the perspective of a webshop.
What should you look out for when choosing a business account for your webshop?
Which business account best suits your webshop depends on several factors. By deciding in advance what matters most to you, you avoid surprises and choose a solution that genuinely supports your day-to-day work.
Cost structure: do not just look at fixed monthly charges, but also at costs per payment, any additional fees for extra services, and the sustainability of the account. With high transaction volumes, small pricing differences add up quickly.
Integrations with your sales platform: does the account work well with your payment provider, webshop platform and accounting software? Seamless integrations save you hours of manual work.
Speed of opening: a short registration time and fast KYC and KYB processing ensure you can start trading quickly.
Ease of use: a clear app and intuitive platform save time when managing your payments and administration.
Flexibility: extra IBANs or multiple accounts can be useful for separating cash flows, for example by webshop or by sales channel.
Collaboration: consider easy access for your accountant or team members who process expense claims or purchase orders.
Growth and future: choose a business account that grows with your webshop and keeps adding new features as your company expands.
Best business bank account for webshop: top 10
To help you make a good choice, below you will find an overview of the ten most frequently chosen business accounts in the Netherlands. For each provider, you can read what makes it suitable for webshop entrepreneurs and what costs you can expect.
1. GoDutch business account
GoDutch is an innovative all-in-one platform for entrepreneurs who want to organise their finances more intelligently. Through the GoDutch app, you can manage payments, administration and collaboration with your team from one overview. For webshops, GoDutch is attractive because of its low transaction fees, the ability to create multiple IBANs per sales channel and direct integration with accounting packages. The focus is on speed, automation and transparency, without fixed monthly costs.
Costs
Fixed monthly costs: €0
Cost per SEPA payment: €0,12
2. N26 business account
N26 is a fully digital provider that is particularly popular among self-employed people and small business owners. The N26 business account is quick to open and easy to use. N26 focuses on entrepreneurs looking for a basic solution without fixed costs and with a clear mobile app.
Costs
Fixed monthly costs: €0
Cost per SEPA payment: €0
N26 is free of charge, but offers less extensive features and automation than GoDutch. By comparing N26 with GoDutch, you get a better idea of which solution best suits your way of doing business.
3. Bunq business account
BUNQ is known for its flexibility and extensive options for managing multiple accounts. This Bunq business account is particularly suitable for webshop owners who want to separate different cash flows or manage multiple webshops at the same time. The app offers many settings and automations.
Costs
Fixed monthly costs: from €7,99
Cost per SEPA payment: €0,13
Bunq charges fixed monthly fees, while GoDutch works without a subscription. By comparing Bunq with GoDutch, the difference in costs and flexibility becomes clear.
4. Revolut business account
Revolut is an international player focused on entrepreneurs who do a lot of business internationally. The Revolut business account offers extensive options for payments in multiple currencies and is attractive for webshops with foreign customers or suppliers.
Costs
Fixed monthly costs: €10
Cost per SEPA payment: €0,20
Revolut is mainly aimed at international use, but has higher monthly charges and transaction rates than GoDutch. By including Revolut alongside GoDutch, you can easily make a suitable choice.
5. Rabobank business account
Rabobank is a traditional choice for entrepreneurs who value a comprehensive service package and a large network. The Rabo business account is suitable for various legal forms and sectors, but opening and managing it often takes more time than with digital alternatives.
Costs
Fixed monthly costs: €9,95
Cost per SEPA payment: €0,12 to €0,15
Rabobank has fixed costs and slower digital processes than GoDutch. By comparing Rabobank with GoDutch, you can see which type of bank best matches your needs.
6. Knab business account
KNAB focuses specifically on entrepreneurs and freelancers who want a clear overview of their financial administration. Knab’s business accounts align well with accounting processes and are particularly suitable for entrepreneurs who want to keep their finances tightly organised.
Costs
Fixed monthly costs: €11
First 500 SEPA payments per year free, then €0,10
Knab offers a lot of overview, but charges higher fixed monthly costs than GoDutch. By placing Knab alongside GoDutch, you gain insight into costs and ease of use.
7. ASN business account
ASN appeals to entrepreneurs who find sustainability and social impact important. The ASN business account is less focused on speed and flexibility, but suits webshop owners who want to do business consciously.
Costs
Fixed monthly costs: €10,70
Cost per SEPA payment: €0,15
ASN emphasises sustainability, but is less fast and flexible than GoDutch. By looking at ASN alongside GoDutch, it becomes clear where the differences lie.
8. RegioBank business account
RegioBank combines a traditional approach with personal service via local advisers. This RegioBank business account is particularly suitable for entrepreneurs who value personal contact more than digital innovations.
Costs
Fixed monthly costs: €10,70
RegioBank offers personal service, but has higher fixed costs and fewer digital options than GoDutch. By comparing the approach of RegioBank with GoDutch, a clear overall picture emerges.
9. ING business account
ING is a frequently chosen option for entrepreneurs who prefer to keep their personal and business finances with one provider. The ING business account offers a stable online environment, but opening and changing settings can take relatively a lot of time.
Costs
Fixed monthly costs: €9,90
Cost per SEPA payment: €0,13
ING is a stable choice, but less flexible and often more expensive to use than GoDutch. By comparing ING with GoDutch, you can see which solution better suits your way of working.
10. ABN AMRO business account
ABN AMRO offers a broad package of services for entrepreneurs in different sectors. The ABN AMRO business accounts are suitable for growing companies, but involve fixed costs and limitations in flexibility compared with modern alternatives.
Costs
Fixed monthly costs: from €9,90
Cost per SEPA payment: €0,12 to €0,15
ABN AMRO charges fixed monthly costs and offers less flexibility than GoDutch. By comparing ABN AMRO’s differences with GoDutch, you can make a more targeted choice.
Which business account for starting an online shop?
If you are planning to start a webshop, it is wise to arrange your business account at an early stage. This allows you to provide a business IBAN to your payment provider straight away and prevents business income from being paid into your personal account. The question of which business account is most logical when starting a webshop depends strongly on your expected turnover and the number of transactions you expect to process each day.
Starters with a small webshop are generally well served by a free business account that does not involve fixed charges. As soon as your webshop grows and you process more transactions, it is sensible to review whether a package with extra features such as cashback, multiple IBANs or team access is a better choice. GoDutch allows you to switch between packages easily at any time, so your account grows along with your webshop.
GoDutch Free: a free business account focused on mobile use. Supports Apple Pay and Google Pay and is particularly suitable for starting webshop owners who want to manage everything via their smartphone.
Knab business: popular for its transparent rates and practical features tailored to self-employed entrepreneurs.
ABN AMRO Business: a flexibly structured package that lets you start easily and scale up later. Suitable for webshops that want to grow and make use of additional services such as insurance. Apple Pay and Google Pay are included.
ING Business: a business account with a basic structure where you pay according to usage. Offers many digital integrations and connects well with other online services.
Finom Business: a modern digital bank with real-time insight, automatic accounting integrations and low fixed monthly costs.
Comparison: business accounts for webshops
By comparing business accounts with each other on cost, ease of use and flexibility, you can quickly see which solution best suits your online shop. Digital alternatives often offer speed and lower fixed costs, while traditional banks mainly focus on a broad service package.
| Extra IBANs | Free KYC/KYB | Registration | KYC/KYB | Costs per month | SEPA costs |
GoDutch | Unlimited | ✔ | 3 min | 3 hours | €0 | €0,12 |
Rabobank | Paid | ✖ | 10 min | Days–weeks | €9,95 | €0,12–0,15 |
ING | Paid | ✖ | 30–60 min | 1–2 weeks | €9,90 | €0,13 |
ABN AMRO | Max. 3 | ✖ | 10 min | 3–7 days | from €9,90 | €0,12–0,15 |
Knab | Max. 5 | ✔ | 5–10 min | ± 5 days | €11 | €0–0,10 |
bunq | Up to 25 | ✔ | 5 min | < 24 hours | from €7,99 | €0,13 |
Revolut | Many | ✔ | 10 min | < 24 hours | €10 | €0,20 |
ASN Bank | None | ✖ | 15 min | ± 2 weeks | €10,70 | €0,15 |
RegioBank | None | ✖ | 15 min | 3–7 days | €10,70 | €0 |
N26 | Max. 10 | ✔ | 8 min | Hours | €0 | €0 |
Open the best business account for your webshop at GoDutch
Are you looking for the best business account for a webshop that is truly designed around how you do business? With GoDutch, you choose one or multiple business payment accounts that let you manage your finances, administration and collaboration centrally in one clear platform.
Opening an account is entirely digital and can be arranged within a few minutes. After your application, the KYC and KYB process begins, and you will usually receive your IBAN and payment card within a few hours, so you can immediately connect with your payment provider and get started.
FAQ
