SWIFT/BIC codes in Netherlands: banks starting with K

SWIFT/BIC codes in Netherlands

In Netherlands our database holds 1714 SWIFT/BIC codes. You need such a code mostly when making international transfers and for payments in a foreign currency.

Each bank has its own page with the head office code and if there are any, codes for branches and departments. The rest of this page explain how the codes work, what transfers cost and how to avoid mistakes.

Getting paid from abroad into an account in Netherlands

When you expect money from abroad in Netherlands, give the sender a complete set of details. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC of your bank and sometimes your postal address.

Find your bank in the list on this page to check its code. You can include your bank’s name and city, since some payment forms ask for it.

What lands in your account is often lower than the amount sent. Correspondent banks can take a fee, your bank may charge for incoming payments, and if the money is converted, an exchange rate margin applies. On invoices, agree how the fees are split, so nobody is left short.

Paying in EUR: what conversion costs you

Bank accounts in Netherlands are usually held in EUR. When you pay another currency, the amount has to be converted somewhere along the way – by your bank, a bank in between or the recipient’s bank.

Who converts the payment makes a difference, because each party uses its own rate. Compare what EUR arrives with different providers before choosing one. On larger amounts, a seemingly small gap in the rate adds up quickly.

Netherlands and the SEPA area

Netherlands is a member of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a regular euro transfer from another SEPA country, you normally only need the IBAN; many banks no longer ask for the BIC.

The BIC still matter for payments in other currencies and when the money comes from outside SEPA. Instant payments in euros have become widely supported within SEPA – check whether your bank supports them. Provided no conversion is involved, a SEPA transfer tends to be cheap.

Tracking a payment to Netherlands

There is no fixed delivery time for transfers to Netherlands: some arrive within a day. Bank holidays in either country can add extra days, because banks do not process payments on those days.

When a payment takes longer than expected, the sender should contact the sending bank and ask for the status or the UETR; only the sending side can start an official trace. Save your transfer receipt until the money has arrived.

What the letters in a Netherlands BIC mean

Every SWIFT/BIC code consists of eight or eleven characters. First comes four letters for the bank, followed by two letters for the country and two characters for the location.

Whatever the bank, every code from Netherlands share the same fifth and sixth letters, namely the ISO code of Netherlands. Codes with a different country code belong to another country.

When a code ends in XXX, it refers to the head office and the short version works just as well. For most transfers the head office code is what you need unless the recipient asks for a specific branch.

Robeco Institutional Asset Management B.V. and its SWIFT codes

Among the 704 institutions we list, Robeco Institutional Asset Management B.V. has the largest number of SWIFT/BIC codes of all banks in Netherlands. Its head office code is RGVMNL2RXXX – the code most transfers need.

A large number of codes often reflects separate codes for branches, departments or services, not necessarily that the bank is the biggest in the country. Making a payment to Robeco Institutional Asset Management B.V.? Go with RGVMNL2RXXX unless the recipient gives you a branch code.

Verifying a SWIFT code from Netherlands

The best place to find the right code is paperwork issued by the bank, such as a statement or the account page in online banking. When the code you were given differs from the code listed here, do not guess.

We collect SWIFT/BIC codes using publicly available data and check our list from time to time. Still, banks merge, rename themselves or retire codes, so information can be out of date. Use this list as a starting point rather than the last word; the recipient’s bank details are leading. We are a comparison service and not part of any bank listed here.

Watch out for invoices containing changed bank details – a common fraud method. A valid BIC says nothing about who owns the account.

Banks in Netherlands starting with :letter

This page shows only banks in Netherlands whose name starts with :letter, sorted alphabetically. The totals mentioned above always refer to all banks in Netherlands and not only this selection.

If a bank is missing under :letter, check another letter – the registered name can differ from the name people use. Try the full list for Netherlands when you do not know the exact name.

Bank or transfer service for Netherlands?

If you send money to Netherlands with your bank, the stated fee is only part of what you pay. Besides a fixed fee, correspondent banks may take a cut, and when the money is converted the bank usually uses a rate below the actual market rate.

The markup on the rate tends to be the biggest part of the cost because it is hidden in the rate. A simple test: put the rate you get against the mid-market rate and look at the difference.

For many currency pairs, a transfer service turns out to be less expensive than a bank, mainly because of the rate. Before your next transfer to Netherlands, take a minute to compare the total cost on GoldexPay instead of going straight to your bank.