Go Dutch vs Rabobank
Do you want to open a business account but are unsure whether to choose GoDutch or Rabobank? On this page, you will discover the key differences. Both banks offer accounts for entrepreneurs, but the terms, features, and cost structures vary. This way, you gain insight into which provider best suits your way of doing business. Whether you especially value quick onboarding, low transaction fees, or smart automation: we present the facts for you.
Over 20,000 customers manage their money smarter with GoDutch.
GoDutch
Rabobank
Business Account
Dutch IBAN
✅
✅
Extra (virtual) IBANs
Unlimited
Possibly for a fee (€63.60/year)
Free virtual card
✅
❌
Free physical card
✅
✅
Free customer and company research
✅
Up to €24 per month
Open account / onboarding
Fully digital registration process
✅
✅
Registration time
3 minutes
Processing time KYC/KYB
1 day
Multiple working days to weeks
Costs
Fixed costs p/m (starting price)
€0
€9.95
Cost per SEPA payment
€0.12
€0.12–0.15
Cost of additional payment account (IBAN)
Free
€63.60 per year per account
Cost of additional payment card
Free
€19.80 per year per card
Features
Real-time balance insight
✅
✅
Automated invoice processing
✅
❌
Automatic VAT recognition
✅
Limited, via 'paid software'
Access for accountant / bookkeeper
✅
Depending on the package
Accounting integrations
✅
For a fee
Team card and expenditure management
✅
❌
International
Currency exchange at mid rate
At cost
~1.4% 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
✅
Primarily Dutch-speaking
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.
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Why choose GoDutch?
Publicatiedatum:
Last updated:
18 Mar 2026
6 minutes read
The comparison clearly shows that GoDutch is more attractive than Rabobank's standard business account on several essential points, especially for entrepreneurs who value speed, digital features and cost control. Rabobank
Onboarding
The registration and verification process at GoDutch is considerably faster: within 1 day of signing up you receive a working IBAN and a debit card. At Rabobank, this usually takes several working days and sometimes even weeks, partly due to manual KYC checks and the physical sending of debit cards.
Costs
GoDutch also offers a more transparent and often more cost-effective alternative in terms of pricing structure. Where Rabobank charges €9.95 per month as standard, excluding any KYC costs of up to €24 per month for private limited companies and other legal entities, GoDutch offers a free starter package with access to a working IBAN, virtual card and real-time banking. Moreover, additional current accounts and debit cards are included free of charge at GoDutch, whereas Rabobank charges €63.60 and €19.80 per year respectively for each item.
Functionality
In the area of automation, GoDutch stands out with smart features such as automatic VAT recognition, real-time accounting integrations and the ability to assign roles and cards to team members. At Rabobank, similar functionality is only available via external tools and often at extra cost. Think of accounting integrations, invoice processing or access for an accountant via Business Banking Pro.
International
GoDutch also offers more flexibility internationally. With support for more than 160 countries and 20+ currencies, plus currency exchange at the mid-market rate, GoDutch is ideally suited to entrepreneurs with international ambitions. Rabobank, on the other hand, targets only the Dutch market with this package and charges a standard exchange margin of around 1.4% for payments in foreign currency.
Open your business account in 3 minutes
Would you like to open a business account online sort out? Then open your business account with GoDutch today and benefit immediately from smart automation, transparent fees and fast onboarding. Within 3 minutes, you can complete your application entirely digitally, without paperwork or hassle. You’ll receive your IBAN and debit card within 1 day, so you can get started straight away. Start now and discover how simple business banking can be.
