Prices for your Vve account
Open a business account for your VvE in 3 minutes and be up and running within 1 day. Integration with your accounting software, unlimited cashback, and 24/7 support.
4.8/5
Starter
Most chosen
For homeowners’ associations that want to keep every euro in the reserve fund
€12
per month
Add your administrator or one board member
5 automatic bill payments per month (maintenance, insurance, energy)
Integration with your accounting software (Twinfield, Exact, etc.)
Store 10 receipts and invoices digitally
Pro
For homeowners' associations with multiple board members and an active audit committee
€29
/ month
Everything in Starter +
Up to 10 board members and administrators with spending control
10 virtual IBANs: reserve fund and operations kept separate
25 automatic invoice payments per month
Digitally archive 100 receipts and invoices for the audit committee
Unlimited
For homeowners' associations with many apartment rights and recurring service charges
€49
/ month
Everything from Pro +
Commercial bonus on balance (on request) return on the reserve fund
Personal account manager
Process unlimited invoice payments and receipts
Everything for your owners’ association in one place
GoDutch helps you not only pay and receive money, but also keeps your homeowners’ association finances balanced automatically. No extra tools. No extra work.
VvE invoice within 1 day
Within 1 day, you can open a business account for your homeowners' association, and then send payments in seconds.
Let the VvE account do the work
GoDutch automates the financial administration of your owners' association, from invoices to collecting contributions. You focus on managing your building, we take care of the rest.
Access for board members
Give board members, the administrator or the bookkeeper easy access with their own roles and permissions. Always keep an overview, without paperwork after every AGM.
Link your accounting software
Connect GoDutch to your accounting software. Fewer errors, less manual work and always insight for the audit committee.
Super-fast payments and collecting contributions
With SEPA Instant, bulk payments and direct debit, you can manage all homeowners’ association payments quickly and reliably in one place.
Payments in seconds
With GoDutch, your payments are transferred in a matter of seconds. No more waiting times, instant transfers ensure that your money is directly in the right account.
Hundreds of payments at once
Bulk transfers of up to 1,000 transactions per file, ideal for paying maintenance invoices and processing payments from your accounting software.
Collect payments from your customers automatically
Automatic collection of monthly owners' association contributions via SEPA direct debit, both B2B and Core. So you no longer have to chase overdue payments.
FAQ
Frequently asked questions about the GoDutch homeowners' association account
Are you involved in a homeowners' association and want to know how to arrange a joint account easily? Here you’ll find answers about legal requirements, the documents you need, costs, and how to open an owners’ association account quickly and without any hassle.
Why is a separate homeowners' association account important?
An owners' association is legally required to reserve money for major maintenance and sustainability improvements. Without a separate account in the name of the association, you cannot meet that obligation and there is uncertainty about financial arrangements for residents.
Yet many owners' associations experience great difficulty opening an account: for about a third it does not work, and nearly half say the process is cumbersome. Treasurers spend weeks on something that should be simple, volunteers drop out because of the complexity, and some worry whether they are doing everything correctly from a legal and financial perspective.
At GoDutch, you can quickly and easily open a business account for your owners' association, without unnecessary red tape and with personal support. That way, you can focus your time on what really matters: maintaining the building and the well-being of all residents.
Is it compulsory to open a bank account for a homeowners' association?
Yes, it is mandatory to open an account for an owners’ association (VvE). A VvE is legally required to set aside money for major maintenance and the sustainability improvement of the property. For that, you need a joint account that is separate from private expenses. Without a VvE account, you cannot meet your legal obligations and ambiguity arises about the financial arrangements within the association.
A business VvE account provides structure, trust and clarity for all apartment owners. So it is not only mandatory, but also essential for the proper management of the joint finances.
Why is GoDutch the best choice for an owners' association account?
GoDutch is the best choice for a VvE account because the account is specifically built for the situation of VvEs. Because a VvE is not a multinational, it is a group of residents who take responsibility for a building together. And that deserves a solution that is fast, fair and easy.
We regularly hear stories from VvE board members who wonder why opening a simple business account feels like an interrogation. Months of waiting, submitting countless forms and still no clarity in the end.
It is unfair and unnecessarily complicated. For volunteers with limited time and no financial background, that is discouraging. You want to do it properly, without having to worry that you will make a mistake with major consequences.
That is why we have developed a business account that does work for VvEs: opened within 1 day, board members manage it themselves in the app, automatically collect contributions and 24/7 personal support from people who really understand VvEs.
What are the benefits of an owners’ association account with GoDutch?
A VvE account is more than a place to manage money; it forms the basis for clarity, trust and peace of mind within your VvE. GoDutch offers an account specially designed for VvEs and directly addresses the challenges faced by volunteer board members.
You can open a VvE account within 1 day, without long waiting times or complicated UBO procedures.
You can change board members yourself in the app, without paperwork or a bank visit after every AGM.
You only pay for what you use, ideal for VvEs with few transactions per month.
You automate the collection of contributions and the payment of invoices, eliminating errors and manual work.
You collaborate with multiple board members, the manager and your accountant in one system.
You comply effortlessly with legal requirements, without needing a financial background.
You get personal service from people who truly understand VvEs, available 24/7 and no chats with robots.
With GoDutch, you make the financial management of your VvE clear, efficient and reliable; exactly what volunteer board members need.
What are the costs for a homeowners' association account with GoDutch?
The costs for an owners' association account at GoDutch start from €12 per month. An owners' association needs features such as multiple users, board member management and accounting access, which are not included in the free package. But compared with traditional banks, which often charge €10 to €20 per month without those features, you get much more for your money at GoDutch.
Owners' associations often make only a limited number of payments per month: insurance, maintenance, reserves. So why pay the same rates as a business with thousands of transactions? At GoDutch, you only pay for what you actually use. No unnecessary costs, no small print.
This prevents the reserve fund from shrinking unnoticed due to expensive bank fees. And in addition to fair rates, you also receive up to 1.0% unlimited cashback on all your card spending and profit sharing via revenue share.
Where can I open the cheapest owners’ association account?
You can open the cheapest owners' association account at GoDutch, from €12 per month for a full business account with everything an owners' association needs:
Fast onboarding, operational within 1 day.
Digital access for board members with their own roles and permissions.
Real-time insight into balances and expenses.
Automatic links with your accounts.
Traditional banks often charge €10 to €20 per month for services you hardly use as an owners' association, without the smart features that GoDutch does offer. At GoDutch you pay a fair price, without the small print, and also save time because your administration is largely automated.
What are the requirements to open an owners' association account?
The requirements for opening a VvE account are limited. You must show that your VvE is officially registered with the Chamber of Commerce and who is authorised to sign on behalf of the association. Because a VvE has no UBOs (Ultimate Beneficial Owners), this often requires extra explanation or additional documentation at traditional banks.
At GoDutch, the process is set up so that these frustrations disappear. We understand your structure and ensure that your application goes smoothly. You only need to provide the basic details, such as the KvK extract and the details of the board members. We take care of the rest, quickly and digitally.
Which documents are required to open a VvE account?
The documents required to open a VvE account are:
A recent extract from the Trade Register of the Chamber of Commerce, showing that your VvE is officially registered.
The identification details of the board members who are authorised to sign.
A declaration stating that there are no UBOs (Ultimate Beneficial Owners), or, if applicable, the details of the UBOs.
At GoDutch, you can submit these documents quickly and easily digitally. You will be guided step by step and will know exactly what is expected of you. In exceptional cases, we ask for additional information, but we always make that clear with you.
How does opening an owners’ association account with GoDutch work?
At GoDutch you can open a VvE account entirely online, without any fuss. It works as follows:
You fill in the application form and complete the digital identification.
You submit your Chamber of Commerce extract and board details.
We carry out the check quickly and within 1 day you receive your IBAN, virtual and physical Mastercard(s) and access to the GoDutch app.
You can make payments straight away, add board members and connect your accounting package.
If you choose a paid package, you can also apply for physical payment cards.
With traditional banks this process often feels like an endless project. Because of the lack of UBOs, the strict Wwft requirements and rigid processes, many applications end up on the pile or are even rejected. Treasurers feel they are not taken seriously and lose valuable free time that they would rather spend on managing their VvE.
At GoDutch that is a thing of the past: you are operational within a day and can start immediately collecting contributions, paying invoices and building up a healthy reserve fund. That brings peace of mind and confidence to the members of the VvE.
Do I need financial knowledge to use GoDutch for my owners' association?
No, you do not need financial knowledge to use GoDutch for your owners' association (VvE). Most VvE administrators are volunteers who want to do a good job, but do not have a financial background. GoDutch guides you step by step and ensures that your administration meets the requirements. You always work audit-proof, with checks on authorisations and accessible documentation.
With traditional banks, that guidance is often lacking, which can make you doubt whether you have done everything by the book. GoDutch removes that uncertainty. This allows you to carry out your role as treasurer with confidence, without fear of mistakes, even if you are not an accountant.
Can I add and edit board members myself?
Yes, with GoDutch you can add, edit or remove board members yourself, directly in the app. You decide who has signing authority and when. Everything is stored securely and updated in real time. No physical bank visits, no paperwork hassle. That way your administration is always in order, even after an AGM or a board change.
With traditional banks, it's different. A simple change, such as a new treasurer or chairperson, can take weeks to process. That not only causes delays, but also personal stress for volunteers who want to sort everything out properly. At GoDutch, that's a thing of the past.
Can I collaborate with board members and external parties?
Yes, GoDutch makes collaboration within and beyond your VvE easy. Because you do not run a VvE alone. In the GoDutch app, you can give multiple users access, with different roles and permissions. For example, the treasurer has full access, while the chairperson can only view or approve a payment. How many users you can add depends on your package: 1 with Starter, up to 10 with Pro, and unlimited with Unlimited. You manage all rights and settings entirely yourself.
You can also give external parties, such as an accountant, administrator or financial adviser, access easily and securely. That way, you work together on transparent administration, with everyone having real-time insight into the figures. No duplication of work, no ambiguity, just efficient collaboration, as residents expect.
With traditional banks, it's different: arranging authorisations, collecting signatures and verifying again and again who gets access. That leads to confusion, delays and frustration within the board. With GoDutch, everything is organised clearly from one platform.
How does GoDutch help save time on owners' association administration?
GoDutch automates the tasks that, as treasurer, often take up more of your time than you would like. Incoming invoices can be paid automatically, residents' contributions collected automatically, and everything linked to your accounting package. This not only saves you time, but also prevents human error. Everything is neatly in one place, always up to date and clearly organised.
Without that automation, things quickly pile up: keeping Excel sheets up to date, sending reminders for overdue payments, manually transferring invoices. And every mistake, however small, can cause frustration or mistrust among members during the AGM.
Can I apply for multiple payment cards for my account?
Yes, you can apply for multiple payment cards for your VvE account. How many depends on your package: with Starter you get 1 virtual and 1 physical Mastercard, with Pro up to 10 of each and with Unlimited unlimited. Each card works on the Mastercard network, with full coverage in the Netherlands and worldwide, both in shops and online. You manage all your cards from the app and set your own limits and settings per card.
What other business accounts does GoDutch offer?
GoDutch offers business accounts for almost every legal form. In addition to the homeowners' association account, you can come to us for ZZP accounts, SME accounts, BV accounts, holding accounts, general partnership accounts or an account for a foundation. Each account is tailored to the specific needs of that legal form.
