Overview
Mollie, at a glance.
Mollie is an e-money institution headquartered in the Netherlands, regulated by De Nederlandsche Bank, Financial Conduct Authority. Business accounts cost €9 a month. Opening an account takes 3–5 days.
Money in the account is held in a separate safeguarding account, apart from Mollie's own funds. Mollie is regulated by De Nederlandsche Bank; no deposit guarantee scheme applies.
Why businesses pick Mollie
- Free for the first 12 months, then €9 a month
- Up to 5 Dutch IBANs, with unlimited free incoming transfers
- 100 free outgoing SEPA, Direct Debit and iDEAL payments a month
- Five virtual Mastercards with spending limits
- Daily payouts from Mollie card and online payments, 365 days a year
Watch out for
- Only for businesses based in the Netherlands
- Euros only: multi-currency accounts and international transfers are not available yet
- €0.20 per outgoing transfer after the first 100 each month
- Physical cards are not mentioned
- Mollie keeps a list of 20 product and service types it does not accept
Business fit
Will Mollie accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Mollie's published rules
Likely no
Mollie does not list United Kingdom among the countries where it accepts companies.
Mollie does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Mollie publishes about the businesses it takes on.
Who Mollie serves
- E-commerce
- Startups and SMEs
- Freelancers
Not supported
Industries and countries Mollie does not accept, from its own published lists.
Industries
- Counterfeit goods
- Stolen goods
- Malicious or harmful content
- Hacking or cracking tools
- Unfair or predatory products or services
- Copyright, trademark, or privacy infringement
- Products or services that encourage or facilitate illegal activity
- Deceptive or misleading marketing practices
- Bidding fee auctions
- Trust services
- Pyramid schemes or "get rich quick" schemes
- Narcotics or illegal drugs
- Designer drugs
- Steroids
- Prostitution or escort services
- Digital sexual or pornographic content
- Sexual dating services or mail-order bride services
- Unlicensed gambling services
- Businesses that promote terrorism or politically motivated violence
- Media boxes or services that facilitate piracy or unauthorized streaming
Countries
- Not published
Coverage
Where can you use Mollie?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
EUR only
Euro accounts with Dutch IBANs. Multi-currency accounts are listed as coming soon.
Payment reach
Not published
Who can apply
Company incorporation countries1 countries · show list
- Netherlands
Owner nationality
Not publishedOwner residency
Not publishedCompany types
Sole traders (eenmanszaak), B.V., V.O.F. (general partnership)
Pricing
What does Mollie cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Free
Monthly fee
€9
Business Account
€9 per month
€0 setup · €108 in year one
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Incoming | ||
| SEPA | Free | No charge |
| Outgoing | ||
| SEPA | Free | No charge · First 100 outgoing transfers a month, including Direct Debit and iDEAL |
Other fees
Cards
| Cost | Listed amount | How it is charged |
|---|---|---|
| Virtual card issue | Free | No charge · Up to 5 virtual cards |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Mollie a bank?
No. Mollie B.V. is an electronic money institution supervised by De Nederlandsche Bank. Money in the Business Account is safeguarded in a separate account.
How much does the Mollie Business Account cost?
It is free for the first 12 months, then €9 a month, and can be cancelled at any time. Incoming transfers are free, and the first 100 outgoing transfers each month are free; after that each costs €0.20.
Who can open a Mollie Business Account?
Businesses based in the Netherlands and registered as a sole trader, B.V. or V.O.F. The application is made in the Mollie mobile app.
Can I hold other currencies?
Not yet. The account is in euros; multi-currency accounts and international transfers are listed as coming soon.
Alternatives
How Mollie compares.
If Mollie is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 MollieThis pageE-money institution |   | NetherlandsEUR |
| bunq BusinessBank | | Deposit protectionFreelancers |
 KnabBank |  | FreelancersDeposit protection |
 QontoPayment institution |  | FreelancersInvoicing tools |
 FinomE-money institution | | Freelancers and small companiesInvoicing |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.