Cheapest business account 2026
Thomas Vles
Publication date:
5 Jan 2026
Last updated:
16 Mar 2026
8 minutes reading time
How do you keep your business costs as low as possible without compromising on ease of use and functionality? As a business owner, you quickly pay fixed monthly costs, transaction fees per SEPA payment, costs for international transfers and additional services such as accounting integrations or extra IBANs. Especially when you send or receive multiple payments every day, these costs can quickly add up.
That is why you want a business current account that is not only affordable in monthly price, but also transparent in transaction fees and has no hidden costs. By comparing business accounts carefully on fixed costs, SEPA fees, extra IBANs and digital capabilities, you make a financially sound choice that suits your sole proprietorship, partnership or private limited company.
Open a cheap business account
It is wise to cancel a business account when you notice that it no longer contributes to an efficient business operation. Many entrepreneurs face high fixed costs, extra transaction fees, or limited functionalities. When you are paying for services that you hardly use or are missing essential features, such as real-time insight into your balance or automatic payment processing, this is a clear signal.
Organisational changes within your company can also be a reason. Growth, hiring staff, or more intense collaboration with partners requires more oversight and control. If your current business account does not provide this and makes your administration more complex, it may be wise to cancel the account and explore by comparing different business accounts, so that you make a choice that better aligns with your entrepreneurship.
Why open a cheap business account?
When you run a business, it is all about oversight and cost control. Every euro you save on fixed costs and transaction fees can be invested in growth, marketing, or innovation. Especially when you process a lot of payments, an affordable business account makes a noticeable difference in your monthly expenses.
Lower fixed monthly costs: you retain more profit because you pay no or minimal subscription fees.
Low transaction costs: affordable SEPA payments result in lower costs per transfer.
Transparent rates: no hidden costs for extra IBANs, cards, or administration.
Fast registration: you can start running your business immediately without long waiting times.
Digital efficiency: direct debit, accounting integration, and real-time insights save time.
What to consider when choosing a cost-effective business account?
Although price is an important factor, you want to look beyond just the monthly costs. The comparison of a cost-effective business account should fit your way of doing business, the number of transactions you make, and any international activities.
Possibilities of transactions
Check which transactions are included and what the costs per SEPA payment or instant payment are. Also see whether you can initiate direct debits and schedule recurring transfers. If you make many transactions, even a few cents’ difference per payment can add up to hundreds of euros a year.
Use of foreign currency
If you work with international clients or suppliers, it is important to consider costs for payments outside the eurozone. Watch out for exchange rates, any surcharges for card payments in foreign currencies, and costs for international transfers. Transparency in currency costs prevents surprises.
Other costs
Also look at additional charges, such as fees for cash withdrawals, extra business accounts, debit cards or inactivity charges. An account may seem cheap, but can end up costing more when you need extra features. By comparing the full fee overview, you really choose the cheapest business account for your situation.
What is the cheapest business account?
There is a wide choice in the Netherlands, from traditional banks to digital providers. Yet in 2026, one solution stands above the rest when you look at fixed costs, speed of registration, flexibility and automation. That is GoDutch, an innovative all-in-one business account that smartly combines administration, payments and collaboration in one user-friendly platform.
1. GoDutch
GoDutch is a modern business account for entrepreneurs who value speed, low costs and smart automation. You manage payments, direct debits, bookkeeping links and collaboration with your team from one clear app. Additional IBANs are available without limit, making it easy to separate different money flows.
Cost per month: €0,00
SEPA costs: €0,12 per payment
Registration time: approximately 3 minutes
Compared with traditional banks, GoDutch has no fixed monthly costs, very fast digital registration and more flexibility for additional IBANs. As a result, for many sole traders, sole proprietorships, general partnerships and private limited companies, it is the most affordable choice in 2026.
2. Knab
Knab focuses specifically on entrepreneurs and sole traders who need clarity in their administration. The Knab business account works well with accounting software and offers a stable online environment. Additional IBANs are limited and the fixed monthly charges are higher than with fully digital alternatives.
Cost per month: from around €7,00 to €11,00
SEPA costs: €0,00 to €0,10 depending on the package
Registration time: 5 to 10 minutes
When you compare Knab with GoDutch, you see that GoDutch charges no fixed monthly fees and offers unlimited additional IBANs, while Knab especially excels in traditional structure and bookkeeping integrations.
3. ASN Bank
ASN Bank appeals to entrepreneurs who value sustainability and social impact. The ASN business account is less focused on speed and flexibility, but suits entrepreneurs who want to do business consciously.
Cost per month: around €7,95 to €10,70
SEPA costs: €0,15 per payment
Registration time: approximately 15 minutes
In the comparison of ASN with GoDutch, ASN has higher fixed costs and less digital flexibility. GoDutch offers a faster registration process and lower monthly charges.
4. ING
ING is a popular choice for entrepreneurs who want to keep their business finances with a large, established provider. The ING business account offers various digital integrations, but extra features are often available at an additional cost.
Cost per month: €9,90
SEPA costs: €0,13 per payment
Registration time: 30 to 60 minutes
ING compared with GoDutch, with ING you pay fixed monthly fees and the registration process is longer. GoDutch stands out for its speed, lower fixed charges and all-in-one platform.
5. Rabobank
Rabobank business offers a broad range of services and a large network for entrepreneurs in different sectors. The business account is suitable for various legal forms, but it comes with fixed monthly costs and additional charges for extra features.
Cost per month: from €0,00 to around €9,95
SEPA costs: €0,12 to €0,15 per payment
Registration time: approximately 10 minutes
In the comparison of Rabobank and GoDutch, Rabobank has higher fixed costs and extra IBANs are usually not included without limit. GoDutch offers more flexibility and a faster digital onboarding process.
6. ABN AMRO
ABN AMRO focuses on entrepreneurs in different sectors and legal forms. The ABN AMRO business account is stable and extensive, but it comes with fixed monthly costs and restrictions on the number of additional IBANs.
Cost per month: from €9,90
SEPA costs: €0,12 to €0,15 per payment
Registration time: approximately 10 minutes
When you compare ABN AMRO with GoDutch, it stands out that GoDutch has no fixed monthly costs and offers unlimited additional IBANs, which is especially attractive for growing businesses.
7. Finom
Finom is a digital provider focused on real-time insight and automatic bookkeeping links. The exact pricing structure of a Finom business account varies by package and extra features depend on the chosen plan.
Cost per month: from €0,00 depending on the package
SEPA costs: depending on the package
Registration time: fully digital
In comparison with GoDutch, Finom also offers a digital solution, but GoDutch stands out for a clear cost model without fixed monthly fees and broad functionality within one platform.
8. N26
N26 is a fully digital provider popular with self-employed professionals looking for a simple business basic account. The functionality of the N26 business account is less extensive in the area of collaboration and advanced business tools.
Cost per month: €0,00
SEPA costs: €0,00
Registration time: approximately 8 minutes
Although N26 charges no fixed monthly fees and no SEPA costs, GoDutch offers more business functions such as extensive collaboration, additional IBANs and integrations with accounting software. For entrepreneurs who need more than just basic payments, GoDutch compared with N26 is therefore often the more complete choice
Provider
GoDutch
Knab
ASN Bank
ING
Rabobank
ABN AMRO
FINOM
N26
Costs per month
€0.00
€7.00
€7.95
€9.90
From €0.00
From €9.90
€0.00
€0.00
Accounting link
Yes
Yes
Yes
Yes
Yes
Yes
Yes
No
Direct debit
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Extra IBANs
Unlimited
Max. 5
None
Paid
Paid
Max. 3
Not applicable
Max. 10
Registration
3 min
5-10 minutes
15 minutes
30-60 minutes
10 mins
10 mins
Not applicable
8 min
SEPA fees
€0.12
€0-0.10
€0.15
€0.13
€0.12-0.15
€0.12-0.15
Not applicable
€0.00
Last checked on 31 December 2025
Various options for a cheap business account by legal form
The best and cheapest business account can vary depending on the legal entity. A private limited company often has different needs from a sole trader or general partnership. Think of multiple users, extra IBANs or more extensive collaboration with an accountant.
Cheapest business account for a private limited company
For a business account for a private limited company it is important to look at multiple users, team access and the ability to separate cash flows via extra IBANs. GoDutch offers unlimited extra IBANs and fast digital registration, which is attractive for growing private limited companies.
ABN AMRO may also be suitable for private limited companies that need a traditional service package, although the fixed costs are higher there.
Cheapest business account for sole traders
As a sole trader, you mainly want low fixed costs, mobile convenience and simple accounting integrations. GoDutch offers €0 fixed monthly costs and low transaction fees, making it suitable for self-employed professionals who work mostly digitally.
N26 can be interesting for basic use, but offers fewer extensive business features than the GoDutch business account for sole traders.
Cheapest business account for sole proprietorship
For a sole proprietorship, clarity is crucial. You want to pay invoices easily, use direct debits and have real-time insight into your cash flow.
If you want to know whether you need a business account for a sole proprietorship, GoDutch combines all kinds of features in one app with low costs. Knab is an alternative for entrepreneurs who value a traditional structure and extensive support.
Cheapest business account for a general partnership
For a VOF business account, cooperation between partners is important. Think of multiple users, separate cards and insight into shared expenses. GoDutch makes it easy to give team members access and use extra IBANs for different projects.
Rabobank may be interesting for general partnerships that value a large branch network, but at higher fixed costs.
Ready to open the most cost-effective business account?
Do you want to choose the cheapest business account with maximum functionality in 2026? With GoDutch, you can open a business account in just a few minutes with no fixed monthly fees. You benefit from low SEPA fees, multiple business accounts on one platform, direct debit, smart accounting integrations and collaboration via one clear app.
Easily see how to open a new account or how to close your current business account and switch, and open your GoDutch business account today. Discover how, with a modern, fully digital solution, you can organise your payments, administration and collaboration more intelligently, while consistently saving time and avoiding unnecessary costs as an entrepreneur.
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