Who can open a bunq Business account in the Netherlands 🇳🇱

Hey bunqers 🌈

We have a straightforward acceptance policy designed to protect you and your business. Check out the requirements for opening a Business Account in France below.

Who can open an account?

Here are the basic conditions you need to meet in order to open a bunq business account:

You need to have a verified personal account with bunq.
You as a director cannot be a minor.
Your business needs to be legitimate and registered in the Netherlands.
You must live permanently in the European Economic Area.
Your business should operate under one of the legal forms currently accepted by bunq. Find the full list here.
Your company’s corporate structure and activities should comply with bunq’s requirements. More details on this below.
Your business entity cannot have more than one account with bunq.
If your company has multiple trade names (under the same registration on the Chamber of Commerce) - you can effortlessly open a Bank Account with the different names like we explain here.
The various layers of your company should be registered as separate active legal entities with the Chamber of Commerce (Kamer van koophandel).
You cannot open a Business account if any UBOs or non-executives reside outside of the EEA.

Once we confirm the above-mentioned conditions are met, we need to determine whether your business entity is registered with the local Chamber of Commerce or, in specific situations, you are operating on a freelance basis. Depending on that, we require different documents in order to approve your account.

Please also keep in mind that as a bank, we are legally required to store all of our user’s personal information in a secure and protected way. If there is more than one director, we create personal accounts for each director of the business accounts. It allows us to keep your information and your company’s information safe while complying with regulations. Check out this topic for more information.

Legal forms and documents

In order to open a business account with bunq, you need to provide a legal form together with a few documents. We accept the following legal forms.

Eenmanszaak
Besloten Vennootschap
Stichting
Vennootschap onder firma
Maatschap
Vereniging / Vereniging van eigenaars

Note 1: bunq Free is only available for the Eenmanzaak legal form.

Note 2: In some cases we might require a Certificate of Beneficial owner or other document confirming the company's UBOs for every legal form listed above, apart from Eenmanszaak.

For each legal form, we require the following documents.

Eenmanszaak
- n/a
Besloten Vennootschap
- Deed of Incorporation (DOI)
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- Record of shareholders (only in some cases)
Stichting
- Deed of Incorporation (DOI)
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- UBO form using our template (only in some cases)
Vennootschap onder firma
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- UBO form using our template (only in some cases)
Maatschap
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- UBO form using our template (only in some cases)
Vereniging
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- UBO form using our template (only in some cases)
Vereniging van Eigenaars:
- Joint authorisation (if the directors are jointly authorised)
- IDs of all directors and UBOs (only in some cases)
- Deed of Division (Splitsingsakte)

Please find more information on legal documents here

Company activities

In accordance with our acceptance policy, we do not support all types of businesses and activities. You can find more information on activities and check whether your business activity meets the requirements here.

What IBAN will I get?

If you open an account in the Netherlands with us, you will get a NL IBAN.

However, bunq also provides bunq Pro and bunq Elite users the option to open Local IBAN Bank Accounts, allowing you to obtain a German, French, Irish, and Spanish one. Further information on how to open one can be found here.