Students who will live in the Netherlands for a longer period of time are advised to open a Dutch bank account for the following reasons:
- Scholarships administered by the ITC/University of Twente will only be transferred to an European bank account with IBAN (preferably Dutch)
- With a Dutch debit card you will be able to pay small amounts (“PIN payments”) such as copy services at the university library.
- You can purchase train tickets at the NS vending machines located at the railway station rather than using the office there – which is more expensive and not always open
OPENING A BANK ACCOUNT
To open a bank account in the Netherlands, you first need a BSN number (which you receive once you have registered with the municipality.) Once you have your BSN, you can contact a bank an make an appointment to open a bank account.
WHAT IS A STUDENT PACKAGE?
Most banks offer a Student Package, which contains everything you need to do your banking in the Netherlands:
- Bank account
- Debit card
- E.dentifier (card reader)
- Mobile Banking and Internet Banking
- Free savings account (optional)
IMPORTANT
- You do not need to ask for a proof of enrolment from us when you have already received your student card. You need to show the bank you are a student in order to be eligible for the student package.
- If you are 30 years or older you need to apply through this following link
- Because many students apply for a bank account in the summer it can take one or two working days longer.
- As soon as you receive your bank account number please send it by email to fsasecretariat-itc@utwente.nl.
- If you receive your allowance through ITC and you are in need of financial assistance, just send us (fsasecretariat-itc@utwente.nl) an email and we will try to help you as soon as possible.