KNAB business account
Knab offers one business account for sole proprietorships (freelancers) and for BVs, with its own monthly fee per legal form: KNAB Zakelijk (for freelancers) and KNAB Zakelijke BV. Both variants include one digital and one physical card per account, multiple current and savings accounts and 500 free transactions per year. On this page you will find a complete overview of these two variants, including cost structure, conditions and additional information to help you make an informed choice.
About KNAB
KNAB is an online bank that started in 2012. The bank focuses primarily on self-employed entrepreneurs, such as freelancers, and on private limited companies (BVs) with one director who is the 100% shareholder. KNAB is a trade name of the Austrian bank BAWAG; since 29 November 2025 Knab has been a Dutch branch of BAWAG (BAWAG AG Branch Netherlands), supervised by the ECB, DNB and AFM. The balance on a payment account is covered by the Austrian deposit guarantee scheme. As an online bank, KNAB handles everything digitally through the KNAB App and the website. Source: knab.nl/wat-is-knab and knab.nl/wat-is-knab/depositogarantie, retrieved 20 October 2026.
KNAB business accounts
Knab offers a business account for freelancers (sole proprietorships) and for BVs with one director who is the 100% shareholder. This makes it easy to choose the variant that fits your business.
KNAB Business
Costs per month: €7.00
Customer due diligence costs per month: €0.00
Cost per transaction: first 500 transactions per year free, then €0.10 per transaction
KNAB Business BV
Costs per month: € 11.00
Customer due diligence costs per month: € 0.00
Costs per transaction: first 500 transactions per year free, then € 0.10 per transaction
KNAB business cost overview
Costs per month
Customer research costs
Costs per transaction (up to 500 per year)
Debit card costs per month
Debit card replacement fee (one-off)
Cost of an additional current account per month
KNAB Business
€7.00
0
€0.00
€0.00
€0.00
€0.00
KNAB Business BV
€11.00
0
€0.00
€0.00
€0.00
€0.00
The stated rates are indicative and may be changed by KNAB at any time. Always check the current rates on KNAB's website for definitive information. Source: knab.nl, rates as of 18 February 2026, retrieved 20 October 2026.
Pros and cons of the KNAB business account
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KNAB business account packages
KNAB offers a business account in two variants, with fixed monthly fees and specific included services. Both variants are available for sole proprietorships and private limited companies with one director who is the 100% shareholder and include as standard one digital and one physical card per account, multiple current and savings accounts, and 500 free transactions per year. Want to save time and costs? Then opening a business account with GoDutch is the smarter choice: arranged online within minutes, with low fees and without the hassle of paperwork.
KNAB Business
This variant is intended for sole proprietors and includes one digital and one physical card per account, up to five current accounts, unlimited savings accounts and 500 free transactions per year. After the first 500 transactions, a fee of €0.10 per transaction applies.
The monthly costs are €7.00. The account can be opened fully online via the KNAB App and requires a valid Chamber of Commerce number and proof of identity. Looking for an alternative? Then check out the GoDutch account for self-employed professionals.
KNAB Business BV
This variant is intended for private limited companies with one director who is the 100% shareholder. It includes one digital and one physical card per account, up to five payment accounts, unlimited savings accounts and 500 free transactions per year. After the first 500 transactions, a fee of €0.10 per transaction applies.
The monthly costs are €11.00. The account is applied for entirely online via the KNAB App. Want to get started more cheaply and quickly? Then see how you can open a business account for your BV within 3 minutes at GoDutch.
FAQ
Frequently asked questions about the KNAB business account
How long does it take to open a business account with KNAB?
Applying for a business account with KNAB is done online through the KNAB App: you download the app, have your Chamber of Commerce number and ID ready, verify yourself and submit your application. KNAB does not state a fixed processing time on its own website.
How much does a business account with KNAB cost?
The costs for a business account with KNAB are €7.00 per month for KNAB Zakelijk and €11.00 per month for KNAB Zakelijke BV. Both variants include 500 free transactions per year, after which €0.10 per additional transaction applies.
How long does the application for a business account at KNAB take?
The application takes three steps: download the KNAB App, have your Chamber of Commerce number and ID ready, and verify yourself and submit the application. KNAB does not state a processing time for opening the account on its own website.
How do I close my KNAB business account?
At KNAB you can cancel your business account without a notice period via the KNAB App or the Personal Banking Environment. The balance must be €0 for this. If you deregister from the Chamber of Commerce, cancel your KNAB products first: without a Chamber of Commerce registration you can use the business account for a maximum of two more months. More explanation can be found at closing a KNAB business account. Source: knab.nl/rekening-opzeggen, retrieved 20 October 2026.
