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Overseas banking/Netherlands

EuropeNetherlandsLicensed-entity research

Coöperatieve Rabobank U.A.（Rabobank）

Coöperatieve Rabobank U.A.; the legal entity of the Dutch cooperative bank, not to be substituted with the Rabobank brand, the name of a member local bank, or any holding entity. The Dutch Central Bank register records its statutory seat as Amsterdam. From 2016-01-01onward, following the merger of the former central and local cooperative banks, the original authorisation continued under a new licence.

The specific DNB register entry lists Coöperatieve Rabobank U.A. as a Dutch banking institution and describes the continuation of its authorisation following the merger of the central and local cooperative banks in 2016. Rabobank publishes products and application procedures for Dutch personal and business payment accounts, but the public materials are insufficient to confirm whether non-resident individuals or foreign companies without a Dutch Chamber of Commerce registration can apply to open an account.

Regulator
De Nederlandsche Bank (DNB, the Dutch central bank)
Check date
2026-10-26
Verify status
Some information remains to be confirmed: DNB's specific registration record for Coöperatieve Rabobank U.A. and the bank's product/account-opening pages have been checked, but the register extract does not separately list a licence number or validity period. It has not yet been established that new non-resident personal applicants, overseas-registered businesses or holders of non-Dutch identity documents can open accounts. Complete personal account-opening eligibility conditions, overseas remote witnessing and case-specific fees require written confirmation from the bank.

Research scope and official resources

Topic number:europe-rabobank

The project candidate set lists it as a selected large Dutch bank under The Banker Top 1000 World Banks 2026, Tier 1 by capital measure; no unverified ranking figure is repeated here, and this does not indicate a current global top 100, proof of licensing or account-opening eligibility.

Bank’s official website

Personal Eligibility and Documents

Dutch personal customers: the official website publishes a personal payment account product and states that applicants apply through the Rabo App, select an account, answer the bank’s questions and complete identity verification. The readable text of the online application guidance does not fully set out all eligibility conditions, so it cannot be taken to mean all Dutch residents can open an account; age, address and specific tax document requirements should be confirmed with the bank. Non-residents/customers moving abroad: Rabobank’s public statement is that existing customers who temporarily move abroad may, in some circumstances, continue using existing services, but generally cannot extend services or open new products. Australia, the US and the UK have additional regulatory rules, and the bank conducts KYC reviews. The page does not confirm that new non-resident customers can open a Dutch personal account remotely; ask the bank for written confirmation.

Personal information publicly disclosed or identified

  • The official website states that individual online account opening is handled through the Rabo App. Applicants must provide personal information as prompted, answer the bank's account-opening questions, and complete identity verification using a passport, identity card, or Dutch foreign national residence document. The official website does not provide a complete list of documents applicable to all applicants.
  • General preparation suggestions (not Rabobank's published policy checklist): If requested by the bank, prepare proof of residential address and all tax residences with the corresponding tax identification numbers, and be able to explain the source of funds. Confirm with the bank whether non-Dutch identification can be verified in the app and whether certified translation or an additional in-person appointment is required.

Company eligibility and documents

The official business account is available to listed categories including self-employed individuals/ZZP, VOF, BV, some small and medium-sized businesses, associations, and foundations. Applicants must be registered with the Dutch Chamber of Commerce (KVK) and have a KVK number. Those who are not yet Rabobank customers also need valid identification. The public page does not confirm whether a foreign-registered company can open an account using only foreign registration documents. Whether a company with foreign shareholders and Dutch KVK registration meets the product, industry, representative residency, and due diligence requirements must also be confirmed with the bank according to its legal form.

Company information publicly disclosed or identified

  • The official website explicitly requires a Dutch KVK registration number. Those who are not yet Rabobank customers must provide valid identification. Account applications are handled according to the business's legal form and the bank's due diligence requirements.
  • General preparation suggestions (not Rabobank's published policy for foreign companies): Prepare company registration/Articles of Association documents, identity documents for directors or authorized representatives, ownership structure and ultimate beneficial owner information, explanation of business activities and intended account use, source-of-funds and tax residence/tax number information. Rabobank must confirm in writing the required form, certification, translation and acceptance of foreign registration documents.

Address, tax, and remote / witnessed procedures

Address and tax

Rabobank’s business account page expressly requires a Dutch KVK registration number. The Dutch Tax and Customs Administration explains that people registered with a Dutch municipality have a BSN; non-residents can apply for a BSN through an RNI registration desk, but obtaining a BSN does not mean Rabobank must accept an application. Depending on their legal form, businesses may obtain a BSN or RSIN. CRS rules require Dutch financial institutions to record customers’ tax residence/place of incorporation and obtain a declaration when required; foreign applicants should prepare the applicable TIN for each tax residence. Rabobank’s public pages do not confirm that a foreign address, foreign TIN or RNI registration is sufficient to open a new personal account. Rules for existing customers who move abroad cannot be treated as new-customer eligibility.

Remote / witnessing

The individual process is an online application and mobile identity verification through the Rabo App; this does not establish that the service is available worldwide, that all foreign documents can be verified remotely, or that third-party, notarised, or video witnessing is accepted. Online business applications do not mean that an overseas representative can complete account opening remotely. The applicant's specific location, document type, original-document verification, and whether an in-person visit is required must be confirmed in writing with the bank.

Public process reference

  1. Individuals: Start a payment account application through the Rabo App, select an account, enter your details and answer the bank’s additional questions, then complete identity verification through the app. If approved, you will receive confirmation of account opening in the app and by email. The official website says the bank card and PIN are delivered within 3 business days after the account is opened; this period refers only to delivery, not account approval.
  2. Businesses: Select a payment account suited to the business's legal form and transaction needs, and apply online. Prepare a Dutch KVK number; applicants who are not existing customers should prepare valid identification. The website says that customer due diligence is conducted during the application and that fees vary by legal form. The published process does not explain the specific submission, certification, or approval steps for overseas businesses or non-resident representatives.
  3. Before applying, confirm with Rabobank the applicant entity, place of residence/place of incorporation, product eligibility, accepted identification, UBO and source-of-funds documents, tax self-certification requirements, remote or in-branch arrangements, and current fees. Public information does not promise a time for completing account opening.

Compliance topics, details, and sources

Dutch anti-money laundering and customer due diligence (Wwft/KYC)

DNB’s supervisory guidance describes the customer due diligence banks must conduct under the Dutch Wwft. Rabobank’s personal account-opening process asks additional questions required by law, while its page on moving abroad explains that it will review under KYC whether the customer relationship remains appropriate and reserves the right to terminate the relationship. The actual scope of checks depends on the customer, product and risk assessment; this does not mean the bank has published a specific document list for this applicant. The DNB guidance cited is the 2020 version and is marked as non-binding; current laws and the latest supervisory guidance should be followed.

Source:Rabobank — Online een betaalrekening openen ；Rabobank — Verhuizen naar het buitenland ；DNB — Guideline on the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act, December 2020 version

Ultimate beneficial owners (UBOs) and source of funds

DNB’s Wwft guidance includes identification and verification of customers and UBOs, the purpose and nature of the relationship, and investigation of the source of funds as elements of customer due diligence. Business applicants should prepare genuine documents that explain actual ownership and the source of funds. This is a compliance-preparation recommendation, not a Rabobank-published itemised list of company account-opening requirements, and it does not guarantee account opening.

Source:Rabobank — Je zakelijke rekening openen ；DNB — Guideline on the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act, December 2020 version

Tax Residency Declarations and CRS

The Dutch tax authorities explain that CRS requires financial institutions to record customers’ country of tax residence or place of establishment. At the financial institution’s request, account holders must submit a tax-residency declaration, and information on qualifying accounts held by non-residents may be exchanged through the Dutch tax authorities. Whether reporting applies and its scope depend on the account holder, entity classification, and tax residence.

Source:Belastingdienst — Common Reporting Standard (CRS)

U.S. Tax Residency Identification and FATCA

The Dutch tax authorities explain that Dutch financial institutions may have to report account information for U.S. tax-resident individuals or organizations to the Dutch tax authorities, which then transmit it to the U.S. IRS; this requirement arises from FATCA and the Netherlands–U.S. intergovernmental agreement. The United States is not a CRS participant jurisdiction, and FATCA should not be misrepresented as the United States joining CRS. Applicants must truthfully declare their U.S. tax status and documents to the bank.

Source:Belastingdienst — Foreign Account Tax Compliance Act (FATCA)

Financial sanctions-list screening

DNB explains that financial institutions must periodically check whether new applicants and existing customers are listed under applicable sanctions and must take appropriate action when sanctions apply. This is a compliance baseline for Dutch financial institutions, not the result of screening a particular Rabobank applicant, and must not be used to seek ways around checks.

Source:DNB — Financial sanctions

Compliance evidence

Account-opening compliance and supporting-document checklist

The bank’s stated requirements, local regulations, and preparation recommendations are presented separately. Acceptance in a specific case is subject to confirmation by the bank.

This guide focuses on business-customer relationships with Coöperatieve Rabobank U.A. in the Netherlands, preparations before opening a business account, and account maintenance afterward. It does not treat the brand, group, or member banks as interchangeable with the entity accepting applications. Rabobank’s publicly available UBO and director-change procedures apply to business/organizational customers; they do not confirm that foreign-incorporated businesses, nonresident individuals, or applicants in specific industries are eligible to open accounts.

Date information checked:2026-10-26

Information evidence package

Business Ownership, Control Chain and UBO Evidence

Who it applies to
Dutch business or organisational applicants; this is solely for due diligence preparation and does not mean that every legal form must register a UBO or that the bank will require every document listed below.
Documents to Prepare
  • Prepare a one-page ownership and control-chain diagram listing each entity and natural person at every level, direct/indirect shareholding or voting rights, and the basis of control. Company shareholder registers, articles, partnership agreements, and relevant registry extracts may be prepared as supporting evidence.
  • Check and prepare the applicable KVK UBO registration information and supporting documents. The Netherlands Chamber of Commerce uses identification approaches such as more than 25% of shares for BV examples and more than 25% of significant interests for VOF/maatschap; where no one exceeds 25%, a senior managing official may be identified as the UBO. The organisation type and any exceptions must be assessed under the applicable KVK rules; these thresholds must not be extrapolated to other countries or all entities.
  • If Rabobank requests UBO information through online banking tasks or a form, submit it through the channel specified by the bank. The form says it may be completed on a computer or by hand, then printed and signed in ink, and scanned or photographed page by page. For emails used only to submit the UBO form, the subject line should include “KVK: number” as required by the bank.
Description
Rabobank publicly says it will request information from customers when UBO information is missing or needs updating, and specifies online banking tasks or forms as submission channels. Its public pages do not provide a complete list of supporting documents for all structures, document validity periods, or notarization/authentication or translation requirements for foreign documents. The organization chart, registry extracts and underlying documents mentioned above are general preparation suggestions; first ask the bank whether they are needed.

Source:Rabobank — UBO's: de Uiteindelijk Belanghebbenden；KVK — What are UBOs?

Applicant entity, representative authority, and evidence of genuine business activity

Who it applies to
Business and institutional applicants; this is not Rabobank’s published itemized account-opening document checklist and does not apply to personal accounts.
Documents to Prepare
  • Prepare company registration information, legal form, and an explanation of the business address, and check that the director, partner, or authorized representative handling the application matches the registration information.
  • Prepare proof of identity and authorization for the representative, such as director appointment/authorization documents. If there is multi-tier overseas ownership, prepare company registration documents for each level and an explanation tracing ownership to natural persons.
  • It is advisable to prepare a brief business description listing products or services, customer/supplier regions, expected types of credits and payments, and the purpose of the account, with supporting contracts, invoices or a business plan available.
Description
These materials are general preparatory suggestions to help explain the customer, representative authority, and purpose of the relationship. DNB explains that Wwft due diligence is tailored to risks associated with the customer, relationship, product, and transaction. The Rabobank pages reviewed do not publish a mandatory document checklist covering all legal forms, industries, or foreign documents.

Source:Rabobank — UBO's: de Uiteindelijk Belanghebbenden；DNB — Introduction Wwft

Evidence of Source of Funds and Anticipated Transactions

Who it applies to
Business applicants, especially in cases where the source of funds, transaction patterns, or business locations need explanation; the level of review is determined by the bank’s risk assessment.
Documents to Prepare
  • It is advisable to prepare a brief explanation of the initial capital contribution or main source of funds and, as applicable, records of shareholder contributions, financing documents, recent financial statements, or relevant transaction evidence.
  • It is advisable to list typical payees, countries/regions, currencies, and reasonable ranges for individual and monthly transaction volumes, and explain their relationship to business activities using orders, contracts, or invoices.
  • For transactions that differ significantly from the expected pattern, retain contracts, invoices, logistics records, refund records, or other documents explaining the business background, so you can respond promptly to bank inquiries.
Description
DNB requires institutions subject to the Wwft to conduct customer due diligence and monitor expected and actual transactions, with the level of scrutiny proportionate to risk. This does not mean Rabobank has published fixed funds thresholds, minimum deposits or a requirement to submit all the documents listed above.

Source:DNB — Introduction Wwft

Due diligence and enhanced verification

Dutch UBO identification and banks’ requests for information

Basis for Verification
The Dutch KVK guidance defines UBOs according to entity type; examples include more than 25% ownership/equity or specified voting rights. Where no one meets the applicable threshold, a senior manager may be identified. Rabobank states that it collects UBO information under the Wwft and keeps it up to date; it will make enquiries if information is missing or needs updating.
Preparation recommendation
Verify ownership and control at each level in accordance with the applicant’s legal form, and explain indirect ownership and any special control rights. If no individual meets the applicable criteria, first ask the bank how management UBO information should be reported; do not assume that disclosure can be omitted.
Scope
KVK explains rules for Dutch entities, including types of organisations that are not required to register; Rabobank’s process is stated by the bank. Neither directly determines the requirements applicable to foreign companies or Rabobank’s acceptance criteria for an individual case.

Source:Rabobank — UBO's: de Uiteindelijk Belanghebbenden；KVK — What are UBOs?

Risk-based enhanced due diligence and transaction explanations

Basis for Verification
DNB explains that the Wwft generally requires customer due diligence, including monitoring expected and actual transactions. Institutions must adjust the level of scrutiny according to customer, relationship, product or transaction risks. This part of DNB’s supervisory explanation does not disclose Rabobank’s internal risk thresholds for specific industries, nationalities or transaction sizes.
Preparation recommendation
Ensure the business description, source of funds, and expected transaction volume are consistent with one another. Prepare genuine commercial documents and concise explanations for shareholder contributions, cross-border receipts and payments, or transactions inconsistent with the main business. This is a preparation suggestion, not a fixed document requirement published by the bank.
Scope
General information about the Dutch Wwft regulatory framework; specific enhanced reviews, additional document requests and whether an application is accepted are assessed by the bank on a case-by-case basis.

Source:DNB — Introduction Wwft

Politically exposed persons, sanctions, and cross-border relationship checks

Basis for Verification
The Rabobank business materials and DNB overview of the Wwft reviewed for this research do not specify the bank’s PEP questionnaire, scope of screening lists, eligibility for cross-border account opening, or handling standards for matches. Do not infer that PEPs are necessarily rejected or describe unverified cross-border eligibility as remote account opening.
Preparation recommendation
If the bank asks about the identity of a controller or transaction counterparty, a connection to political office, countries/regions involved or the purpose of the funds, disclose the information accurately and ask what additional explanations and documents are applicable. Do not conceal information or try to evade screening.
Scope
The listed preparation items are general compliance recommendations; Rabobank must confirm its actual screening methods, relevant restrictions, and applicant eligibility.

Source:DNB — Introduction Wwft

Consistency of legal form, KVK information, and bank records

Basis for Verification
Rabobank requires business customers to report changes to directors, partners or managing members to the KVK first; the bank’s page says it will contact customers after the KVK change. For partnerships, the bank may require additional documents to be signed.
Preparation recommendation
Before opening an account, check that the KVK registration, corporate governance documents, UBO information, and bank application details are consistent. If the legal form or partners change, update the information with KVK first, then watch for supplementary-document or signing requests from Rabobank through online banking, email, or other notification channels.
Scope
The bank’s website expressly mentions the sequence for changing directors and additional signing requirements for partnerships; specific document types and completion deadlines have not been published.

Source:Rabobank — Bestuurswijziging

Ongoing maintenance obligations

Update UBO information as needed

Rabobank says it will request UBO information from customers if it is missing or needs updating, and instructs them to submit it through an online banking task or form. The pages reviewed do not specify a fixed interval at which customers must proactively review or update this information. Businesses should retain up-to-date ownership and control records, check KVK and bank records promptly when changes occur, and respond through the channels and with the signatures specified by the bank.

Source:Rabobank — UBO's: de Uiteindelijk Belanghebbenden；KVK — What are UBOs?

Changes to directors, partners, or legal form

Rabobank instructs customers to report changes to directors and others to the KVK first, after which the bank will contact them. Changes to a partnership may require additional signed documents. The page does not specify a standard notification deadline. Keep the KVK change confirmation and governance documents, monitor online banking, email and bank notifications, and complete the update as required in the individual case.

Source:Rabobank — Bestuurswijziging

Ongoing transaction monitoring and supplementary explanations

DNB explains that banks must monitor expected and actual transactions and that the depth of scrutiny should be proportionate to risk. Businesses should ensure that account transactions are consistent with the stated business purpose and be able to explain their background, source of funds and counterparties if asked by the bank. No standard periodic review frequency, monetary threshold or fixed supplementary-document checklist for all Rabobank customers was found; none is assumed.

Source:DNB — Introduction Wwft

Please confirm with the bank before booking

  1. Can I apply through this business account process given my company’s legal form, place of incorporation, actual place of business, and industry? If the company is incorporated overseas or has overseas directors/UBOs, does another process apply?
  2. Please confirm which UBOs and controllers must be identified in this case; are a KVK UBO extract, shareholder register, articles of association, control-chain chart, or other supporting documents required?
  3. Which identity, registration and authorization documents does the bank accept? Do foreign documents need to be submitted as originals or certified copies, or translated, notarized or apostilled?
  4. Who should sign the UBO form, and through what channel should it be submitted? Which situations are covered by online banking tasks and email forms, respectively, and what is the expected response deadline for requests for additional documents?
  5. For the countries/regions, currencies, payment types, and transaction scale expected for our business, what business and source-of-funds supporting documents should be prepared before account opening? What changes after opening must be proactively reported to the bank?
  6. Does the bank’s periodic review frequency for UBOs, directors or transaction information vary according to customer risk? If PEPs or cross-border business are involved, what additional information must be provided?

Not confirmed by public information

  • The public materials reviewed do not confirm whether non-resident individuals, foreign-incorporated companies, or companies with a particular foreign representative/UBO are eligible to open a new account with Rabobank; rules for existing customers who relocate cannot be applied to new customers.
  • Rabobank has not published a complete KYC/UBO document checklist applicable to all business types, requirements for authentication and translation of foreign documents, or whether foreign businesses without Dutch KVK registration may apply by exception.
  • The bank has not published internal risk thresholds for this case, PEP-screening details, minimum deposits, individual approval timelines, or a uniform frequency for UBO/transaction reviews. These points must be confirmed in writing with the bank based on the customer's location, legal form, and business model.

Sources & Scope of Verification

  1. Rabobank — UBO's: de Uiteindelijk Belanghebbenden

    The bank expressly states that business customers must provide UBO information and keep it up to date. It will request information if it is missing or needs updating, and explains the online banking task and the UBO form’s signing, scanning/photographing, email subject line, and use restrictions. It does not provide a list of UBO supporting documents applicable to all customers.

  2. Rabobank — Bestuurswijziging

    The bank expressly states that changes to directors, partners, or managing members should first be reported to the KVK, after which the bank will contact the customer. Changes to a partnership may require additional signatures. No standard timeline or specific signing documents are stated.

  3. KVK — What are UBOs?

    The Dutch Chamber of Commerce provides examples of UBOs for different legal forms in the Netherlands, including shares in a BV and significant interests exceeding 25% in a VOF/maatschap; where no one exceeds the relevant threshold, a senior manager may be identified as the UBO. It also explains that some types of organisation are not required to register. These thresholds should not be generalised as universal worldwide thresholds.

  4. DNB — Introduction Wwft

    DNB explains Wwft customer due diligence and monitoring of expected and actual transactions, with the level of scrutiny adjusted according to customer, relationship, product and transaction risks. This supports general preparation advice; it does not represent Rabobank’s checklist or internal thresholds for an individual case.

Fees and timelines

As of 2026-10-26, the Rabobank business account page available for review showed a fixed monthly fee of €0 for Rabo ZZP Rekening and listed euro payments from €0.39 per transaction. The Zakelijke Rekening page listed €9.95/month, and the incoming/outgoing payments page listed €0.13–€0.15 per transaction. Additional service charges may apply and vary by legal form of business. These are prices displayed on the specific business product pages on the day reviewed, and do not apply to all transactions or overseas applicants. The specific fees for retail personal packages, business account minimum deposits/limits, and approval times were not confirmed in the evidence reviewed. The official website only states that the bank card and PIN are mailed within 3 business days after a personal account is opened; this is not an approval time.

Limitations and practical considerations

  • The published business account-opening conditions require registration with the Dutch KVK. The website does not explain whether a foreign-registered business without that registration can use an alternative process; eligibility or rejection should not be assumed.
  • Rabobank’s information about moving abroad applies to existing customers: in certain circumstances, some customers moving temporarily may continue using existing services, but cannot open new products or expand services. Special regulatory rules apply to the United States, the United Kingdom and Australia. The bank may conduct a KYC review and terminate the relationship if it is no longer appropriate.
  • Public pages do not verify eligibility for new non-resident personal accounts, non-Dutch addresses, or foreign identity documents. Rabobank must confirm based on the individual's nationality, place of residence, and tax status.
  • Neither the project candidate record nor the public product page is a channel currently available for booking or assistance through Rengangyongsheng; do not promise customers successful account opening, appointments, processing times or a special channel with this bank.

Licensing evidence and regulatory verification

As of 2026-10-26, the DNB registration details for the specific entity were reviewed (DNB relationship number B0600). They explicitly listed the legal name Coöperatieve Rabobank U.A., Netherlands Chamber of Commerce number 30046259, and category “Bank - CI, Betaalinstelling.” They also recorded that, following the merger in 2016, the new license continued the original licenses of the central and local cooperative banks. This is an entity-level record, not merely an entry point to a register. However, the page retrieved did not separately specify a license number or a standalone license validity/status field, so no number is invented and the record is not construed as proof that all cross-border business or a particular account application will necessarily be accepted.

De Nederlandsche Bank (DNB, the Dutch central bank) Official registration or record

Information sources

  1. Rabobank — Betaalrekening openen voor jezelf

    Publicly described Rabobank personal payment account product categories and application process through the app, including selecting an account and identification using an identity document; this does not support the conclusion that non-residents are necessarily eligible to open an account.

  2. Rabobank — Online een betaalrekening openen

    Individual account opening requires applying through the Rabo App, completing the details, answering the bank's follow-up questions, and presenting a passport/identity document or Dutch foreigner document; confirmation of account opening is sent through the app/email, and the website states that the bank card and PIN will be delivered within 3 working days after the account is opened.

  3. Rabobank — Verhuizen naar het buitenland

    When existing customers temporarily relocate abroad, some products may remain available, but they generally cannot expand their relationship or open new products. Special rules apply in certain countries, overseas surcharges may apply, and the bank may conduct a KYC review or terminate the relationship.

  4. Rabobank — Je zakelijke rekening openen

    Applicable legal forms for the business product, requirement to have a Dutch KVK number, and identification requirements for non-customers; without a KVK number, an account cannot be opened through the process on that page. The page shows the monthly fee and transaction fees for a specific business product. It does not confirm the eligibility of foreign-registered companies on their own.

  5. DNB — Information detail: Coöperatieve Rabobank U.A.

    Entity-level regulatory registration record: legal name, DNB relationship number B0600, Netherlands Chamber of Commerce number 30046259, entity category, and explanation that the license continued after the merger in 2016. The page excerpt does not separately specify a license number or independent validity period.

  6. Belastingdienst — Common Reporting Standard (CRS)

    Under the Netherlands CRS, financial institutions must register customers’ tax residence/place of establishment, collect declarations as required, and automatically exchange information on eligible accounts held by foreign tax residents.

  7. Belastingdienst — Foreign Account Tax Compliance Act (FATCA)

    FATCA reporting by Dutch financial institutions for U.S. taxpayers and the mechanism for the Netherlands to transmit information to the IRS.

  8. DNB — Guideline on the Anti-Money Laundering and Anti-Terrorist Financing Act and the Sanctions Act, December 2020 version

    DNB’s supervisory guidance describes banks’ customer due diligence, identity verification, UBO checks, assessment of the purpose and nature of relationships, and source-of-funds checks under the Wwft. The guidance itself states that it is non-binding and that some of its content is no longer up to date.

  9. DNB — Financial sanctions

    Financial institutions must use sanctions lists to screen new and existing customers regularly and implement sanctions measures as required by law when a match is found.

  10. Belastingdienst — Citizen Service Number: what is it and where do I find it?

    The official Dutch definition of the BSN, municipal registration and the RNI application route for non-residents; explains that a business may receive a BSN or RSIN depending on its legal form. The existence of such a number does not establish eligibility to open a bank account.