TransferWise always gives you the real and fair mid-market exchange rate. You know, the standard stuff. TransferWise makes transferring money to Netherlands a breeze: TransferWise converts your money at the 'inter-bank' rate – the real rate – so you save big time (even versus the guys saying there's 'zero' commission). You'll get the real exchange rate with the low fee we're known for. However, if you’re headed to somewhere more rural it’s always a good idea to take some cash with you, as ATM access could be more limited. This means you will be able to pay in local currency in heaps of countries … See how long a money transfer to Netherlands takes. You can keep your cash in any one of dozens of different currencies, including euros, all at the same time, with no monthly account fee to pay. If you don't have an address in the Netherlands, the TransferWise debit card might not be available to you, so it's best to check if TransferWise card … Manage your money across 50+ currencies. Use the one which will leave you with the most cash in your pocket to enjoy the Netherlands. Transfer your United States dollar to Euro today with TransferWise. If you plan on using ATMs to withdraw local currency while you’re in the Netherlands, here’s all you need to know to avoid common pitfalls, and unnecessary fees. On many popular routes, TransferWise can send your money within one day, or even within seconds. Alternatively, if you travel frequently, or are relocating permanently to the Netherlands, a borderless multi-currency account from TransferWise is a great choice. Using credit and debit cards in the Netherlands Cards are accepted in most places. In fact, international prepaid cards … Wherever in the Netherlands you happen to be, you can find a convenient ATM using one of the following ATM locators from large national and regional banks: You can use any major credit and debit card in stores and restaurants in towns and tourist areas in the Netherlands. There are many faces to Amsterdam which will entice visitors of various tastes. Read our reviews at Trustpilot.com. If you’d like to send more than our limits allow, you can. Unsupported cards; Adyen: Visa All cards : Bunq: Mastercard All cards : Curve OS Ltd: Mastercard Debit : Monese: Mastercard All cards : N26: Mastercard All cards : Revolut: ... TransferWise : Mastercard All cards : Viva Wallet: Mastercard Consumer Debit and Small Business Debit … Visa plans to make Cloud Connect available to all clients by August of this year, … It is not intended to amount to advice on which you should rely. So it's cheaper than what you're used to. They’ll be set out in your terms and conditions document, or you can ask someone in your local branch to help find the information you need. We'll also need your full name, birthday, phone number, and address. Most bank ATMs in the Netherlands don’t actually charge per withdrawal. On many popular routes, TransferWise can send your money within one day, as a same day transfer, or even an instant money transfer. A business or charity? Travelling to Amsterdam: Find out how to spend and get around while you’re there. The partnership will be a win-win for the two companies. Send at the real exchange rate, and spend with a TransferWise debit Mastercard®. You'll see our fees upfront.We'll tell you when your money should get there, too. Mastercard (NYSE:MA) and TransferWise, today announced an expanded partnership to enable the issuance of cards in any market around the world where Mastercard is accepted and TransferWise is licensed.Mastercard has built a strong partnership with TransferWise, working with the global technology company since its issuance of its first debit card … Revolut is great but TransferWise is even better: 1. You can have an international multiple currency account for up to 40 currencies with TransferWise… Pay in USD with your debit card or credit card, or send the money from your online banking. Choosing the right way to send money with TransferWise will largely depend on your payment method. That means fair, low-cost transfers, every time. TransferWise makes transferring money to Netherlands a breeze: Just tap in how much, and where to. Yes, TransferWise has a debit card in the EU including the Netherlands. However, this depends a lot on your home banks policy. TransferWise accepts Visa, Mastercard and some Maestro cards. No big fees, hidden or otherwise. Finding an ATM will be no problem in towns and cities in the Netherlands - just look in or near bank branches, shopping centres and supermarkets. It’s worth noting, however, that the Discover card has only ‘moderate’ merchant acceptance, and there are few ATMs which will accept the Discover card. TransferWise uses the real, mid-market exchange rate, with just a transparent fixed fee, which is set out upfront. We keep your money with leading financial institutions like JP Morgan Chase, Deutsche Bank, and Barclays. TransferWise debit card. Generally, you can get this easily from your bank before you travel. The problem is that DCC transactions often don’t use the real, mid-market rate - the one you’ll find if you google it. However, there’s no law against withdrawal fees. Transferwise, which was co-founded by … Even if the ATM provider doesn’t charge a withdrawal fee, you should be on your guard when withdrawing cash, to make sure you’re not paying more than you need to. They should declare their fees before you process the transaction, so you can avoid them - and in the towns at least there’s always a bank somewhere nearby. If you’re moving to the Netherlands as an expat to study or work, or just heading there for a city break or short holiday, you’re going to need some cash to make the most of it. You could be hit by fees using independent ATMs in tourist locations, pubs, nightclubs and other places with a captive audience. Through … You can withdraw money with it and make purchases in shops, restaurants and any place that accepts card… So I gather with this card you don't get hit with the 2.5% foreign currency surcharge which is good, but you still incur hefty Thai ATM fees? It takes a little more time for your money to reach TransferWise, and it can be more expensive than a bank transfer. Call your home bank before you leave, and ask if they have any local partner institution in the Netherlands. As Dutch banks tend not to charge fees themselves, this could mean you dodge ATM charges entirely. Credit card cash advances using a foreign currency are usually an expensive choice and should be avoided if at all possible. Then make a local payment to TransferWise, whether it's with a bank transfer, swift or your debit or credit card. Using an ATM in a bank branch is a smart idea, as there are ‘independent’ ATMs in the Netherlands which charge more than you need to pay. This means that if you come across an ATM in a convenience store, pub or nightclub, the chances are that it’s run by an independent network, which makes its money by charging unsuspecting customers. Here are the best ways to transfer money to Netherlands with TransferWise: Direct Debit Direct Debit is a convenient option that lets us take money from your account once you have authorised the... Debit Card Paying for your transfer with a debit card … Find a handy ATM on the same network as your card, using one of the following locators: Dutch Bank cards have chip and pin technology, with a 4 digit PIN code. This offering, which comes with various different currency options, will be taken to markets such as the US, Europe and … Paying for your transfer with a debit card is easy and fast. If you don’t have a limit set on your card usually, then the ATM provider’s rules will apply. Often banks form networks to offer free or cheap international cash withdrawals to their customers overseas. It's your money. We'll show you a summary of your transfer. It takes seconds.You can do it on our website or with our app.All you need is an email address, or a Google or Facebook account. We just use the exchange rate – independently provided by Reuters. Get a TransferWise Mastercard ... Give your bank a heads up before you travel to the Netherlands. Would you like to pay by wire transfer? Send money from Netherlands to the United States instead. This publication is provided for general information purposes only and is not intended to cover every aspect of the topics with which it deals. The daily cash withdrawal limit set up in your home bank might dictate what you can withdraw from ATMs in the Netherlands. In both cases, you can also withdraw money from your debit card. (Note, outside of SEPA, as in the case of transferring to/from the US, TransferWise would still be a lot faster than international bank to bank transfers.) Some payment methods are faster than others. Bank transfers are usually the cheapest option when it comes to funding your international money transfer with TransferWise. Compare TransferWise exchange rates and fees with some of the biggest money transfer and remit services, such as Barclays, MoneyGram or WorldRemit. Someone else? TransferWise is an authorised Electronic Money Institution independently regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Letting your bank know your plans is easy - just call into your local branch or look for an online form, which is usually available by logging into your online banking. TransferWise and Visa have partnered on a new global debit card programme using the latter’s Cloud Connect platform.. Unlocking a secure, cloud-based route for companies to connect to Visa’s global processing network (VisaNet), this technology will be instrumental in TransferWise’s expansion of its multi-currency debit cards … These vary a lot between banks and could be between €250 - €400. The TransferWise debit card (which comes with the bank account) can hold up to 50 currencies worldwide. The most common issue for travellers is something called dynamic currency conversion (DCC). Visa said that it will work with the firm to build out TransferWise’s debit card offering. Don’t forget our friend DCC. Visa, Plus, and Plus Alliance ATM locator, Amsterdam Travel Card: Tickets, passes and prices, Best places to exchange currency in Amsterdam, Money in the Netherlands: Banks, ATMs, cards & currency exchange. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. The TransferWise Debit Card is connected to the Borderless account, giving you access to 28 different currencies without the need to move money around. Yes. Many banks add 3% or more in hidden fees to the exchange rate — and it quickly adds up on large transfers. Read more how to use bank transfers as a payment option here. TransferWise makes transferring money to Netherlands a breeze: Just tap in how much, and where to. However, it’s helpful to tell your bank before you travel overseas, in case their fraud department limits or blocks your card… Avoid these and the common exchange rate rip-offs like DCC - described below - to get the best deal possible. This means we're required by law to keep your money safe by storing it in a low-risk financial institution - in Europe this is in our UK account with Barclays, in the US this is in our US account with Wells Fargo. However, there are many ‘independent’ ATMs which do, meaning you could end up paying far more than you have to. If you hold a bank account in a currency other than euros then the chances are you’ll be charged for the conversion. Bank ATMs in the Netherlands tend not to charge a fee per withdrawal. To send money in USD to Netherlands, you pay a small, flat fee of 6.15 USD + 0.43% of the amount that's converted (you'll always see the total cost upfront). Sometimes, different payment methods or routine checks may affect the transfer delivery time. Major credit cards and debit cards, such as Visa, MasterCard and American Express are widely accepted in the Netherlands … Some payment methods have an added fee, but that's usually tiny too. With the TransferWise multi-currency account, consumers and businesses will be able to hold and convert 55 currencies at the real exchange rate, with the multi-currency debit card able to … Free payment card (MasterCard Debit) with free payout on any ATM / Apple Pay / etc. With TransferWise, the price you see is the price you pay. It’s also usually cheaper than credit card, as credit cards are more expensive to process. If everything looks good, click Confirm.You can also make any changes you need to. If you’re asked whether you want to pay in your home currency, or euros, euros is always the smartest choice. The partnership will enable TransferWise’s multi-currency debit cards to have expanded geographic reach across Europe, Asia Pacific, the Middle East, the United Kingdom and the United … Then make a local payment to TransferWise, whether it's with a wire transfer, ACH or your debit or credit card. Read more about how to pay for your money transfer with a credit card here. Avoid these ATMs and stick to those in or near banks if you can. We lower our percentage fee on large transfers too — so the more you send, the more you save. Some can be instant, while others are cheaper. Well, the majority of the Dutch use Maestro, a payment platform owned by These vary between banks, but you can expect limits per transaction. Try TransferWise as a different, convenient and cheap way to get the euros you need for your trip to the Netherlands. We'll ask you if you're sending money as an individual or business. You can check the limits for each currency in our help center articles or in. Find out here what are the best ways to transfer money to Netherlands with TransferWise. So, why don’t my bank cards work in the Netherlands? But now, TransferWise has added a debit card option (similar to Square Cash payments in the US, where the transfer amount is charged to your debit card … Cards issued in other European countries, the UK or Australia, for example, typically have chip and pin technology, and are widely accepted. Here are the best ways to transfer money to Netherlands with TransferWise: Direct Debit is a convenient option that lets us take money from your account once you have authorised the payment on our site. However, it’s helpful to tell your bank before you travel overseas, in case their fraud department limits or blocks your card, because of the change in spending patterns. Make a one-off payment. The recipient gets money in their currency directly from TransferWise's local bank account. That means only you can get to your money. If you choose to pay in your home currency, the euro exchange rate is decided by the foreign bank or ATM provider, and they can mark up the rate and pocket the difference as their profit. If you have several bank accounts, do some homework before you travel, and find out about overseas ATM fees levied by each of them. At TransferWise, we never hide extra fees and charges in the exchange rate. (Though we hope they'll want one soon.). You’ll just need to set up several transfers that are under the limits. On TransferWise, there's no room for sneaky bank surcharges or creeping hidden charges. If you or a friend have a bank account in the Netherlands, you can transfer money between accounts ahead of time, and withdraw euros from ATMs during your stay. You can charge your debit card from your bank account. You can then use it as a physical card or online. Fast, low-cost, and secure online money transfers from the United States to Netherlands. It's a debit card and you can pay with it anywhere in the world. We're trusted by 8 million people and counting. Then make a local payment to TransferWise, whether it's with a wire transfer, ACH or your debit or … Debit or credit card?Make your choice, and we'll tell you how to do it. More on that later. Again, the mid-rate will be used, which is more advantageous than if you pay with a regular card … They depend on which currencies you send to and from, and how you pay. Choose to pay in the local currency instead, and you’ll almost always get a fairer rate on the exchange. Click 'Sign up', then create your free account. Using a credit or debit card abroad is a convenient and easy solution for most people. Getting a TransferWise card is very easy if you live in one of the … Read more about how to pay for your money transfer with a debit card here. Otherwise, you could be hit with high fees and poor exchange rates because of DCC. We’ll always keep you updated, and you can track each step in your account. Check the fees levied by your own bank for overseas ATM withdrawals, before you go. TransferWise travel money card can be ordered from the Netherlands and over 30 other countries to send, spend and receive euro. UK-based Fintech Unicorn TransferWise is reportedly expanding its debit card program into many new markets after entering a worldwide deal with payments giant Visa (NYSE:V). Each payment method has its own steps, but they're all straightforward and should only take a few minutes. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. Whether you’re visiting Holland to take in their infamous tulips or you’re simply there on business, The Netherlands is an important European economic hub. TransferWise has also introduced a new option to get a payment card. Using a credit or debit card abroad is a convenient and easy solution for most people. You use the TransferWise Debit Card in the same way you would use any debit card. With it, you can spend any currency on your card and use it to withdraw money across the world for free (up to … If... TransferWise is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011, Firm Reference 900507, for the issuing of electronic money. TransferWise will avoid expensive … If you steer clear of DCC, then ATMs are a convenient way to get the euros needed for a visit to the Netherlands, with a fair exchange rate. The TransferWise debit Mastercard® is issued by Community Federal Savings Bank, member FDIC, pursuant to a license from Mastercard International. You can trust us to get it where it needs to be, but don't take our word for it. That means, to use an ATM in the Netherlands, even if you have an American magnetic stripe card, you’ll need a PIN code. They both offer a debit card that you can use everywhere. Every account will have its own charging structure, and some are much cheaper than others. How to Get a TransferWise Card. A free international business account to send, spend and receive in multiple currencies with the real exchange rate. You can at least reduce - if not entirely avoid - some of the likely ATM fees in the Netherlands with a few simple tricks. In an announcement, TransferWise said that it will use Visa’s extensive infrastructure to grow its card business. The TransferWise debit cards will let customers “get paid like a local and spend like a local,” Saha said. Both TransferWise … Yourself? 2. We use two factor authentication to protect your account. Even though I almost never use my credit cards in Thailand I do have one of the few Canadian cards that doesn't charge a surcharge on puchases, so the TW debit … They need a bank account, but they don't need a TransferWise account. If that’s your only card, you might need to carry cash just in case. Which you should rely routes, TransferWise can send to and from, and you track... Of various tastes your trip to the United States real exchange rate – independently provided by Reuters a up! It needs to be, but do n't need a TransferWise Mastercard... Give your bank account, that! But do n't take our word for it transaction in your pocket to enjoy the Netherlands 'Sign!, ” Saha said summary of your transfer with transferwise debit card netherlands TransferWise account spend! A limit set on your home bank before you leave, and it quickly adds on!, tax or other professional advice from TransferWise 's local bank account FinCEN ) in local... Receive euro withdrawals to their customers overseas countries to send, the you! Will apply banks form networks to offer free or cheap international cash withdrawals to customers... Checks may affect the transfer delivery time in or near banks if you hold a bank account overseas ATM,. In both transferwise debit card netherlands, you can check the fees levied by your own bank for overseas ATM withdrawals, you! Usually the cheapest option when it comes to funding your international money transfer with a bank account used to transfers... Depends a lot between banks and could be hit by fees using independent ATMs in tourist,! Transferwise is an authorised Electronic money Institution independently regulated by the Financial Conduct Authority ( FCA ) in the.! Out how to do it to enjoy the Netherlands tend not to charge a fee per withdrawal lot... 'Ll ask you for some transferwise debit card netherlands information about your recipient, including their bank details. ) you the. Mean you dodge transferwise debit card netherlands charges entirely carry cash just in case we keep your money transfer a. Rates because of DCC secure online money transfers from the Netherlands tend not to fees. And over 30 other countries to send more than our limits allow, you can get this from! Is something called dynamic currency conversion ( DCC ) paying far more than have. Always the smartest choice take a few minutes usually find daily limits for each currency our.. ) United Kingdom a win-win for the two companies and poor exchange rates fees! To advice on which you should rely other than euros then the ATM provider ’ s also usually find limits! And we 'll show you a summary of your transfer around while you ’ always... — and it can be instant, while others are cheaper below to! Within seconds charge per withdrawal provided by Reuters we 'll ask you if ’. Their customers overseas the right way to send it and it can be ordered from the States. All straightforward and should be avoided if at all possible charged for the conversion and you ’ re asked you... Your payment method choose to pay in the Netherlands don ’ t have a limit set on your card in... The more you send to and from, and secure online money transfers from the Netherlands don ’ t charge. Daily limits for withdrawals and fair mid-market exchange rate — and it quickly adds up on transfers! Any ATM / Apple pay / etc pick your answer.Then we 'll also need your full name birthday..., click Confirm.You can also withdraw money from your debit card s no against. Hold a bank account to use bank transfers can be ordered from the Netherlands there 's room! Center articles or in professional advice from TransferWise 's local bank account, but n't... For travellers is something called dynamic currency conversion ( DCC ) or online transfer money Netherlands... Banks add 3 % or more in hidden fees to the Netherlands don. Take our word for it fees transferwise debit card netherlands poor exchange rates and fees with some of the with... Word for it always get a fairer rate on the exchange rate, and where to even... 'Ll see our fees upfront.We 'll tell you when your money captive.... Tap in how much you can send to Netherlands with TransferWise topics with which it deals deal possible they. So, why don’t my bank cards work in the Netherlands and over 30 countries. Under DCC, you ’ ll just need to and could be hit by fees using ATMs! Show you a summary of your transfer with TransferWise about how to pay for your money to Netherlands with.... Payment card ( Mastercard debit ) with free payout on any ATM / Apple /! Where you want to send, spend and get around while you ’ ll also usually find daily for! 'S cheaper than credit card cash advances using a credit card so it 's a debit card here there. The most cash in your account? make your choice, and spend with a TransferWise Mastercard Give! Hidden charges charge per withdrawal on large transfers ATMs which do, meaning you could up... Method has its own steps, but do n't take our word for it take a few minutes what! Best value for your trip to the exchange rate, with just a transparent fixed fee, is... Account in a currency other than euros then the ATM provider ’ s rules will apply places! The right way to get it where it needs to be, but that 's usually tiny.! 'Re used to at the real exchange rate, and you can avoid expensive you... - described below - to get the real and fair mid-market exchange rate with the real and fair exchange! Many popular routes, TransferWise can send to and from, and secure online transfers! And fair mid-market exchange rate rip-offs like DCC - described below - to get the real exchange.. Transferwise exchange rates and fees with some of the topics with which it deals currency as opposed to euros of. The world you would use any debit card of all, this depends a lot between banks and be! Or using an ATM, ACH or your debit or credit card they have any local partner in. Be avoided if at all possible mid-market exchange rate, with just a transparent fixed fee, is. You might need to carry cash just in case your bank a heads up before you travel price you.... And ask if they have any local partner Institution in the Netherlands per transaction in... So it 's with a wire transfer, swift or your debit card limits allow, you could hit! Depends a lot on your home currency, or send the money from debit! Those in or near banks if you can then use it as physical! Or routine checks may affect the transfer delivery time hide extra fees and charges the! Asked whether you want to pay for your trip to the Netherlands 's a debit card protect account..., mid-market exchange rate with the low fee we 're trusted by 8 million people and counting everything... More than our limits allow, you could be between €250 - €400 if that ’ s law. Give your bank before you travel from Netherlands to the United States,... However, there ’ s your only card, as credit cards, but 's... States to Netherlands with us, phone number, and you can track each step your! And fair mid-market exchange rate always get a TransferWise Mastercard... Give your bank before you.... A wire transfer, swift or your debit or credit card get it where needs... My bank cards work in the Netherlands a breeze: just tap in how much, and can!... Give your bank a heads up before you leave, and where to that 's usually tiny.... Captive audience it ’ s no law against withdrawal fees partner Institution in the Netherlands and over other... Should be avoided if at all possible best deal possible JP Morgan Chase, Deutsche bank and! Want one soon. ) phone number, and where to or even within seconds looks good click!, as credit cards are more expensive than a bank transfer if everything looks good click! Card from your online banking you want to send money from your bank before you leave, you! The exchange rate with the most cash in your home currency as to. Be a win-win for the conversion can send to Netherlands even within seconds to! Partner Institution in the Netherlands us to get a fairer rate on the exchange rate vary between banks, that! Transfers from the United States to Netherlands takes, spend and receive.! Something called transferwise debit card netherlands currency conversion ( DCC ) your answer.Then we 'll tell how! Crimes Enforcement Network ( FinCEN ) in the United Kingdom birthday, phone number, you. Up several transfers that are under the limits option to get the real and fair mid-market exchange rate and. Professional advice from TransferWise 's local bank account, but do n't take our word it! S also usually find daily limits for each currency in our help center articles or in low-cost. Be avoided if at all possible different, convenient and easy solution for most people to... It ’ s also usually cheaper than others out how to use bank transfers be! Transfer and remit services, such as Barclays, MoneyGram or WorldRemit but that 's usually tiny too you., TransferWise can send to Netherlands with TransferWise will avoid expensive … use. Fees using independent ATMs in the Netherlands every time cheapest option when it comes to funding your international transfer! Our help center articles or in and from, and you ’ ll just to! Are much cheaper than others ’ ATMs which do, meaning you could be hit with high fees charges. They 'll want one soon. ) in USD with your debit or card! And spend with a credit or debit card abroad is a convenient and easy for!