 Pitfalls When Transfering Money To A Dutch Account? |
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| Pitfalls When Transfering Money To A Dutch Account? |
 Jun 14 2008, 10:17 PM
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Newbie  Group: Members Posts: 4 Joined: 7-June 08 Member No.: 75,900  |
I recently obtained a Dutch bank account (with Postbank if it matters) and am hoping to transfer a large portion of my savings here, but I am worried about charges. Being unable to read Dutch well and generally distrustful of bank representatives, I'm wondering if anyone here can give me advice.
My account is in the US and in dollars, so is there a way to perform a transfer and exchange without being charged a percentage or a large sum? Any pitfalls to watch out for? Are there any particularly good banks I could open an account with in The Netherlands, especially for an English-speaker planning to travel around Europe? (I have one, but I'd rather get another if it's going to continue to be a hassle.) Thanks, Kent |
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Jun 27 2008, 07:57 PM
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 Advanced Member Group: Members Posts: 357 Joined: 23-June 07 Member No.: 56,595 |
QUOTE (kentc @ Jun 14 2008, 10:17 PM)  I recently obtained a Dutch bank account (with Postbank if it matters) and am hoping to transfer a large portion of my savings here, but I am worried about charges. Being unable to read Dutch well and generally distrustful of bank representatives, I'm wondering if anyone here can give me advice. My account is in the US and in dollars, so is there a way to perform a transfer and exchange without being charged a percentage or a large sum? Any pitfalls to watch out for? Are there any particularly good banks I could open an account with in The Netherlands, especially for an English-speaker planning to travel around Europe? (I have one, but I'd rather get another if it's going to continue to be a hassle.) Thanks, Kent Kent I hope I am not late in replying...but you can opt for ABN AMRO bank it has english pages as well and most of the account holders are also expats. They also have foreign transfer facility; I think even Rabo, ING bank have foreign transfer facility...you need to check.. I am not sure about Postbank though....but ABN AMRO charge few Euro for transfer. Good luck.... Cheers, 
-------------------- When I die India will be found engraved on my heart.
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Jun 29 2008, 08:42 PM
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Advanced Member Group: Members Posts: 486 Joined: 13-August 04 Member No.: 12,323 |
QUOTE (royalblood @ Jun 27 2008, 05:57 PM) Kent I hope I am not late in replying...but you can opt for ABN AMRO bank it has english pages as well and most of the account holders are also expats. They also have foreign transfer facility; I think even Rabo, ING bank have foreign transfer facility...you need to check.. I am not sure about Postbank though....but ABN AMRO charge few Euro for transfer. Good luck.... Cheers, Well, international transfers are a very easy way for banks to make money. No bank does it for free. There are always charges associated with currency transfer and it is always more than a few EUROs  . It would be best to consult the bank. ABN indeed has expat pages. And a Helpline in English. They will be able to tell you the exact amounts. |
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