GoDutch
ASN
Business Account
Dutch IBAN
✅
✅
Extra (virtual) IBANs
Unlimited
❌
Free virtual card
✅
❌
Free physical card
✅
✅
Free customer and company research
✅
£1.50 to £5 per month
Open account / onboarding
Fully digital registration process
✅
✅
Registration time
3 minutes
15 minutes
Processing time KYC/KYB
3 hours
approximately 2 weeks
Costs
Fixed costs p/m (starting price)
£0
£10.70
Cost per SEPA payment
€0.12
£0.15
Cost of additional payment account (IBAN)
Free
Not possible
Cost of additional payment card
Free
£1.75 per month
Features
Real-time balance insight
✅
✅
Automated invoice processing
✅
❌
Automatic VAT recognition
✅
❌
Access for accountant / bookkeeper
✅
✅ Up to 8 authorised signatories
Accounting integrations
✅
✅
Team card and expenditure management
✅
Only extra passes, no management
International
Currency exchange at mid rate
At cost
Course storage
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 during office hours
Multilingual customer support
✅
Dutch only
Rewards
Cashback on card transactions
Unlimited up to 1.0%
❌
This comparison is based on publicly available information as of 7 August 2025. Prices, features and terms may change. Always consult the provider's website for the most up-to-date information.
Why choose GoDutch?
The comparison between GoDutch and ASN Bank shows clear differences that can be decisive for many entrepreneurs. Below, we highlight the main distinguishing factors based on the data from the comparison table.
Onboarding
Firstly, GoDutch is demonstrably faster in onboarding. While ASN Bank has a processing time of approximately 2 weeks for customer research (KYC/KYB), your account with GoDutch is activated within 3 hours. The registration process is also faster and simpler: you can complete the sign-up with GoDutch in just 3 minutes, fully digitally, without paperwork.
Costs
In terms of costs, GoDutch is more transparent and cheaper. With ASN Bank, you pay €10.70 per month for a business account, with additional monthly costs for customer research (€1.50 to €5). With GoDutch, you start with a free package without hidden costs. SEPA payments cost €0.12 with GoDutch, whereas ASN charges €0.15 per payment.
Digital Support
Functionally, GoDutch offers significantly more digital support. Think of automatic invoice processing, automatic VAT recognition, and expense management for teams. Features that ASN Bank currently does not offer. While ASN is limited to basic functionalities through Online Banking, GoDutch provides an integrated platform where administration, payments, and collaboration come together centrally.
International
Also internationally, GoDutch has a broader reach. You can bank in 160+ countries, in more than 20 currencies, with currency exchange at mid-market rates. ASN Bank only supports euro accounts and is only available for companies established in the Netherlands. Furthermore, ASN charges exchange rate markups on payments in foreign currencies.
Cashback
Finally, GoDutch is the only one in this comparison that offers cashback on card payments, namely up to 1.0%. ASN Bank does not provide any form of reward or incentive for payment behaviour. Additionally, GoDutch has a more extensive customer service: 24/7 support through multiple channels and in multiple languages, where ASN Bank is limited to telephone assistance during office hours and only in Dutch.
In conclusion: GoDutch offers a fast, flexible, and cost-conscious solution for entrepreneurs who want to bank efficiently. The combination of smart features, international possibilities, and customer-focused support makes it an attractive alternative for many businesses compared to the business accounts of ASN Bank.
Open your business account in 3 minutes
Ready to do business smarter? With GoDutch, you can open your business account completely online in just 3 minutes. No paperwork, no hassle; just have your ID ready and answer a few quick questions.
After your registration, we process your application immediately. Within 3 hours, you will receive a working Dutch IBAN and digital payment card, so you can get started right away. You can deposit money immediately, send invoices, create cards for your team, and collaborate on one clear platform.
Don't wait any longer. Join thousands of entrepreneurs today who are already saving time and money with GoDutch. Open your business account now: quick, digital, and with no fixed fees.