Rabobank business account
At Rabobank, you can choose from three main options for a business account: the Rabo ZZP Account, the standard Rabobank Business Account, and the Rabobank Business Account for Associations and Foundations (V&S). On this page, we explain the options, costs, and conditions for opening a business account with Rabobank.
About Rabobank
Rabobank is a Dutch cooperative bank with a long history and a strong focus on both private and business customers. The bank was originally founded as an agricultural cooperative and has grown into one of the largest financial institutions in the Netherlands. As a cooperative bank, Rabobank does not distribute profits to shareholders, but instead invests surpluses in social projects, innovation, and customer-focused services. In the area of business banking, Rabobank offers a wide range of products and services, including various business accounts, payment solutions, financing, and insurance. Entrepreneurs can use its digital banking services via the Rabo App and online portals such as Rabo Business Banking.
Rabobank business accounts
Rabobank offers three different business accounts, each tailored to a specific target group. Below is an overview of the key features of each business account:
Rabo Self-employed Account
Monthly costs: € 0.00
Customer due diligence costs: € 0.00 per month
Cost per transaction: € 0.39 per euro payment
Time to open an account: within a few working days (for sole proprietorships or private limited companies with one owner)
Rabobank Business Account
Monthly costs: € 9.95
Customer due diligence costs: € 0.00 – € 24.00 per month (depending on legal form)
Cost per transaction: € 0.12 – € 0.15
Time to open an account: usually within a few working days, depending on legal form and customer due diligence
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Rabobank Business Account for Associations and Foundations (V&S)
Cost per month: €9.95
Customer due diligence cost: €3.50 per month
Cost per transaction: €0.12 – €0.15
Time to open an account: within a few working days after the online application, provided the KvK registration is correct
Rabobank business cost overview
Costs per month
Customer research costs (p/m)
Costs per transaction
Debit card costs (p.a.)
Cost of additional payment card (per year)
Cost of an additional current account (per year)
Rabo Self-employed Account
€0.00
0
€0.39
€19.80
€19.80
€0.00
Rabobank Business Account
€9.95
€0.00 – €24.00 (depending on legal form)
€0.00
€19.80
€19.80
€63.60
Rabobank Business Account for Associations and Foundations (V&S)
€9.95
3.5
€0.00
€19.80
€19.80
€63.60
Please note: all rates stated are based on the most up-to-date data as of 23 June 2025. Depending on usage, additional charges may apply. Always consult the provider's website for a complete and up-to-date overview.
Pros and cons of the Rabobank business account
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Rabobank business packages
As an entrepreneur, at Rabobank you can choose from various business account packages, tailored to your legal structure and needs. Whether you are starting out as a sole trader, running a business with another legal structure, or representing an association or foundation: Rabobank offers a suitable payment solution. However, better alternatives are available; for example, opening a business account with GoDutch is faster, cheaper and better organised, without unnecessary paperwork, with transparent fees and completed fully online within a few minutes.
Rabo self-employed account
The Rabo ZZP Account is intended for self-employed entrepreneurs with a sole proprietorship or a private limited company (BV) with a single owner. The account includes one debit card, access to the Rabo App and to Rabo Business Banking.
There are no fixed monthly fees; charges are only applied based on transactions. Start-ups receive a discount on euro payments and direct debit collections during the first six months. Other legal forms than sole proprietorships or private limited companies with a single owner cannot open this package. Looking for an alternative? Then check the GoDutch account for self-employed people and freelancers.
Rabobank business account
The Rabobank Business Account is intended for entrepreneurs who run a private limited company (bv), general partnership (vof) or other legal form and need a standard business payment solution. The package includes one debit card, access to the Rabo App and Rabo Business Banking.
The account can be expanded with additional payment accounts or services such as direct debit contracts. Start-ups can use the account free of charge for the first six months. For some legal forms, an additional customer due diligence fee applies. Need a better alternative? Then see how to open a bv bank account quickly with GoDutch.
FAQ
Most frequently asked questions about the Rabobank business account
How much does a business account with Rabobank cost?
The costs of a business account with Rabobank depend on the type of account and your usage. For self-employed professionals, there is the Rabo ZZP Account with no fixed monthly fees, where you pay per transaction. The standard business account costs €9.95 per month, as does the account for associations and foundations. On top of that, charges may apply for customer due diligence, transactions, and additional accounts or debit cards.
How do you open a business account with Rabobank?
Opening a business account with Rabobank can be done entirely online. You start by choosing your legal structure, for example a sole proprietorship, private limited company (BV) or association. You then provide your Chamber of Commerce (KvK) number and answer a few questions about your business and yourself. If you already have a personal account with Rabobank, you log in using those details. If you do not have one, you first go through an additional verification process. Next, you install the Rabo App, identify yourself via the app and confirm the application. As soon as your application has been approved, your business account is active.
How long does it take to open a business account with Rabobank?
Opening a business account with Rabobank usually takes a few working days, provided all details are submitted correctly and identification goes smoothly via the Rabo App. For more complex legal structures, such as a general partnership or a foundation, or when multiple owners are involved, the process may take longer due to additional checks as part of customer due diligence. As a result, this can sometimes take several weeks.
How do I close my Rabobank business account?
You can close a Rabobank business account via Rabo Business Banking, the app, or your local branch. Check in advance that all direct debits and systems such as accounting integrations have been removed to prevent errors. For a full explanation, visit closing a Rabobank business account.
