GoDutch
BUNQ
Business Account
Dutch IBAN
✅
✅
Extra (virtual) IBANs
Unlimited
Up to 25
Free virtual card
✅
✅
Free physical card
✅
✅
Free customer and company research
✅
✅
Open account / onboarding
Fully digital registration process
✅
✅
Registration time
3 minutes
5 minutes
Processing time KYC/KYB
3 hours
No information available
Costs
Fixed costs p/m (starting price)
£0
From €7.99
Cost per SEPA payment
€0.12
£0.13
Cost of additional payment account (IBAN)
Free
Free within package limit
Cost of additional payment card
Free
£9.99 one-off + £3.99 per month
Features
Real-time balance insight
✅
✅
Automated invoice processing
✅
From Pro subscription
Automatic VAT recognition
✅
From Pro subscription
Access for accountant / bookkeeper
✅
✅
Accounting integrations
✅
✅
Team card and expenditure management
✅
From Pro subscription
International
Currency exchange at mid rate
At cost
0.5% surcharge
Countries available
150+
Bunq supports international payments to a number of countries.
Currencies available
20+
22
Security & Support
Deposit guarantee (covered up to)
£100,000
£100,000
24/7 telephone emergency support
✅
Only paid packages
Multilingual customer support
✅
✅
Rewards
Cashback on card transactions
Unlimited up to 1.0%
Up to 1.0% (Max £500 p/a)
This comparison is based on publicly available information as of 6 August 2025. Prices, features, and terms may change. Always consult the provider's website for the most up-to-date information.
This comparison is based on prices and packages that apply to limited companies registered in the Netherlands. GoDutch's free physical cards and additional payment cards are currently unlimited in the mobile and web apps!
Why choose GoDutch?
The comparison shows that GoDutch is more attractive for many entrepreneurs than a business account with BUNQ, especially in terms of price, flexibility, and ease of use. First of all, GoDutch distinguishes itself by the ability to start with a free package, while BUNQ charges monthly fees for all business packages, starting at €7.99.
Registration
Additionally, GoDutch offers direct access to a Dutch IBAN, a free virtual card, and quick onboarding in every package. Registration can be completed within 3 minutes, with the account fully active within 3 hours. Although BUNQ also promises quick onboarding, your account is often only active within 24 hours in reality.
International
In terms of international capabilities, GoDutch offers standard access to 160+ countries and over 20 currencies, without additional package restrictions. At BUNQ, the number of countries where a business account can be opened is more limited, and lower packages incur a surcharge on currency exchange after a certain limit.
Functionality
For teams and collaboration, GoDutch has a clear advantage starting from the Pro package, with included team cards, extensive access options, and automated expense management tools. Although BUNQ offers similar features, the included cards and the number of free team members depend on the chosen package and are often lower than those of GoDutch.
Finally, GoDutch's rewards system is flexible, with cashback percentages of up to 1.0% depending on the package, without the annual payout ceiling that BUNQ imposes. As a result, entrepreneurs can gain significantly more benefits with higher card expenditures.
Open your business account in 3 minutes
Are you ready to manage your business finances faster, smarter, and easier? With GoDutch, you can open your business account fully digitally in just 3 minutes, without paperwork or waiting times. The process is simple: fill in your details online, complete the identification, and receive your IBAN and payment card within 3 hours. This way, you can get started immediately with payments, invoicing, and managing your business finances.
Whether you work alone or have a team, GoDutch provides you with all the tools to save time and reduce costs. Start today and discover how you can quickly open a business account to help your enterprise move forward.