Netherlands (NL)
The Netherlands is a small, densely populated constitutional monarchy in Northwestern Europe, consistently ranked among the world's most liveable and progressive countries.
Currency & Money
Practical money tips for living in Netherlands.
Denominations
Coins: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2. Notes: €5, €10, €20, €50, €100, €200, €500.
Payment Culture
The Netherlands is highly card-friendly. iDEAL (online bank transfer) is the dominant online payment method. In shops, contactless debit (Maestro/V Pay/Mastercard) is standard. Cash is accepted but increasingly uncommon — many restaurants and shops are cashless. Always check before assuming cash is accepted.
ATM Tips
Use Geldmaat ATMs (the joint network of Dutch banks) to avoid fees. Foreign cards may incur €2–5 per withdrawal. Geldmaat is the main ATM brand since 2019.
Exchange Tips
Use Wise or Revolut for international transfers. ING, ABN AMRO, and Rabobank offer competitive international transfer rates. Avoid airport exchange bureaus.
Pro tip: Best apps for expats
- • Wise — Send money internationally at near-interbank rates
- • Revolut — Multi-currency account, free ATM withdrawals (limits apply)
- • N26 — German IBAN, free account, good for EU residents