GoDutch
ABN AMRO
Business Account
Dutch IBAN
✅
✅
Extra (virtual) IBANs
Unlimited
Maximum 3
Free virtual card
✅
❌
Free physical card
✅
✅
Free customer and company research
✅
❌
Open account / onboarding
Fully digital registration process
✅
✅
Registration time
3 minutes
10 minutes
Processing time KYC/KYB
3 hours
3–7 working days
Costs
Fixed costs p/m (starting price)
£0
From £9.90
Cost per SEPA payment
€0.12
£0.12–0.15
Cost of additional payment account (IBAN)
Free
£66 per year per account
Cost of additional payment card
Free
£18 per year per pass
Features
Real-time balance insight
✅
✅
Automated invoice processing
✅
❌
Automatic VAT recognition
✅
❌
Access for accountant / bookkeeper
✅
For a fee (£12 p/a)
Accounting integrations
✅
For a fee
Team card and expenditure management
✅
❌
International
Currency exchange at mid rate
At cost
~1.2% increase
Countries available
150+
Only the Netherlands
Currencies available
20+
Only EUR
Security & Support
Deposit guarantee (covered up to)
£100,000
£100,000
24/7 telephone emergency support
✅
Only in emergencies
Multilingual customer support
✅
Only Dutch/English
Rewards
Cashback on card transactions
Unlimited up to 1.0%
❌
This comparison is based on publicly available information as of 14 July 2025. Prices, features, and terms may change. Always check the provider's website for the most up-to-date information.
Why choose GoDutch?
Based on the comparison with ABN AMRO, it appears that GoDutch is a more attractive alternative for many entrepreneurs, especially in terms of onboarding, costs, and smart features.
Speed
First and foremost, GoDutch excels in speed. Whereas with ABN AMRO it often takes multiple working days and sometimes even weeks for your business account to be fully activated, GoDutch offers completely digital onboarding where you have a functioning Dutch IBAN and payment card within three hours. For entrepreneurs looking to start immediately, this is a clear advantage.
Transparency
In terms of pricing structure, GoDutch is also more transparent and cost-effective. The basic account is completely free, including a virtual card, real-time balance insight, and access for your accountant. In contrast, with ABN AMRO, you pay at least €9.90 per month in fixed costs, plus extra for SEPA transactions and additional fees for extra accounts and payment cards.
Flexibility
Finally, GoDutch offers more flexibility for internationally operating entrepreneurs. With support for over 160 countries, transactions in 20+ currencies, and currency exchange at the mid-market rate, GoDutch distinguishes itself from ABN AMRO, which only supports euros as standard and charges exchange rate markups.
Open your business account in 3 minutes
Ready to open a smart business account? Open your business account with GoDutch today and take advantage of lightning-fast onboarding, smart automations, and transparent rates. You can complete the digital application in just three minutes and receive your IBAN and virtual card within three hours. This way, you can get started with your business right away.