SWIFT/BIC codes in Netherlands: banks starting with S

Finding a SWIFT code in Netherlands

In Netherlands we have 1714 SWIFT/BIC codes. Each code points to a bank or a specific branch or department, so a payment from abroad reaches the right place.

Every bank has its own page with the head office code and if there are any, branch codes. The sections below covers the structure of the codes, the cost of transfers and the checks worth doing before you send money.

Receiving money in Netherlands from abroad

A sender in another country will ask for a few details from you, and missing ones are a common cause of delays. That means: your full name exactly as it appears on the account, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your address.

Your bank’s code is in our list. Some banks also want the name and address of your bank, so keep it at hand.

Expect that the incoming amount is smaller than what the sender paid. Intermediary banks may deduct a fee, your bank may charge for incoming payments, and when currencies differ, a markup on the rate comes on top. On invoices, state how the fees are split, so nobody is left short.

Verifying a SWIFT code from Netherlands

Have the recipient copy their bank details straight from their online banking. A wrong code may lead to a delay, a payment being sent back or additional charges, so compare it with the list on this page.

The directory on GoldexPay draws on publicly available sources. Even so, banks merge, rename themselves or retire codes. Before a payment of any size, confirm the code with the recipient. GoldexPay is an independent comparison site and has no link to the banks in this list.

Scammers regularly use payment requests with changed bank details. A valid BIC says nothing about whether a request is genuine – scammers use the codes of real banks.

Sending money to Netherlands for less

The price of a transfer to Netherlands is made up of more than one component, and the fee on your screen is only one of them. There is a transfer fee, possibly charges from intermediary banks along the way and, most importantly, the margin on the exchange rate if the money is converted.

The real cost is often in the rate, rather than in the fee. Compare the bank’s rate with the mid-market rate. The difference is your real cost.

For a lot of routes, a specialist provider turns out to be less expensive than a bank. GoldexPay lists these providers next to each other so you can see the amount that reaches the recipient for the same amount sent.

Banks in Netherlands starting with :letter

Here you see a selection: just banks in Netherlands whose name begins with :letter. The counts in the introduction still cover all banks in Netherlands, not just this letter.

If a bank is missing under :letter, try the full list – the registered name can differ from the name people use. The complete list remains one click away if the letter filter does not help.

SEPA transfers to Netherlands

Within the SEPA zone, euro payments to Netherlands use the same rules and in most cases need only the IBAN. The BIC field is usually optional for those payments.

You will still need a SWIFT code when sending non-euro payments or money from outside the SEPA area. Euro payments within SEPA usually arrive within one business day. As long as the payment stays in euros, the transfer is usually cheap.

Netherlands and the Euro

Netherlands uses the Euro (EUR). A payment in a foreign currency will be exchanged into EUR before it reaches the account, and whoever converts it chooses the rate.

Which bank converts the money matters, because each party uses its own rate. Compare what EUR arrives via different services; the difference between options can be larger than you expect. Exchange rates move during the day, so a quote is usually valid only briefly.

Recognising a SWIFT code from Netherlands

Each SWIFT/BIC code consists of 8 or 11 characters. First comes four letters for the bank, followed by a two-letter country code and a two-character location code.

You can recognise a code from Netherlands by the fifth and sixth characters: they always show the ISO country code of Netherlands. When those two letters do not match Netherlands, the code belongs to a bank somewhere else.

The optional last three characters stand for a specific branch; XXX is used for the head office. Use a branch code just when the recipient’s bank asks for it.

The largest SWIFT network in Netherlands: Robeco Institutional Asset Management B.V.

Of the 704 banks we list for Netherlands, Robeco Institutional Asset Management B.V. has the largest number of SWIFT codes. Its main office has RGVMNL2RXXX.

Practice differs in whether they register branch codes, so the count is not a ranking of size. Making a payment to Robeco Institutional Asset Management B.V.? Use RGVMNL2RXXX unless a specific branch code is requested.

Transfer times to Netherlands

There is no fixed delivery time for payments to Netherlands: many land the same day or the next, others take several business days. Payments made after the cut-off time or on a weekend or public holiday often go out the next business day.

If the money is late, the sender should contact their own bank for a trace; only the sending side can start an official trace. Keep your transfer receipt until the recipient confirms.