GoDutch
ING
Business Account
Dutch IBAN
✅
✅
Extra (virtual) IBANs
Unlimited
£70.80 per year per additional IBAN
Free virtual card
✅
❌
Free physical card
✅
✅
Free customer and company research
✅
❌
Open account / onboarding
Fully digital registration process
✅
❌
Registration time
3 minutes
30–60 minutes
Processing time KYC/KYB
3 hours
A few working days to 2 weeks
Costs
Fixed costs p/m (starting price)
£0
£9.90
Cost per SEPA payment
€0.12
£0.13
Cost of additional payment account (IBAN)
Free
£70.80 per year
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
✅
Limited and for a fee
Accounting integrations
✅
For a fee (€3.25 per month)
Team card and expenditure management
✅
❌
International
Currency exchange at mid rate
At cost
~1.4% exchange rate surcharge
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
✅
Emergency only
Multilingual customer support
✅
Limited to Dutch and 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?
The comparison clearly shows that GoDutch is a more attractive alternative for many entrepreneurs than ING. Firstly, the speed of onboarding is an important advantage: with GoDutch, you can open a business account fully digitally in just 3 minutes, and you will receive your IBAN and virtual card within 3 hours. At ING, the speed depends on the package and your situation, where new customers often have to make a physical appointment, and the entire process can sometimes take weeks.
Costs
Also in terms of costs, GoDutch offers a structural advantage. Where ING charges a standard €9.90 per month after the temporary starter period and additional costs for each extra IBAN, card or accounting link, these aspects are standardly included with GoDutch. Even the free package from GoDutch already provides access to a working IBAN, free virtual card, and all essential features for daily banking.
Functionality
In addition, GoDutch excels in smart digital features that are only available at ING through external links or at additional costs. Think of automatic VAT recognition, direct accounting integrations, and advanced expense management with team cards and roles. These features not only save entrepreneurs time but also make it easier to keep control of their administration.
Finally, GoDutch is clearly stronger in international use. With support for over 160 countries, more than 20 currencies, and currency exchange at the interbank mid-rate, GoDutch offers more flexibility than ING, which mainly focuses on the Dutch market and adds a spread when dealing with foreign currencies. For entrepreneurs who value speed, transparency, and digital efficiency, GoDutch is therefore the smarter choice in many cases.
Open your business account in 3 minutes
Ready to experience the difference? Open your business account with GoDutch today and take advantage of smart features, transparent costs, and lightning-fast onboarding. You can complete your application fully digitally within 3 minutes, without paperwork or hassle. You will receive your IBAN and payment card within 3 hours, so you can get started right away. Start opening your business payment account today and discover how simple business banking can be.