NetherlandsOverview
NOWE Money, at a glance.
NOWE Money is a business account platform headquartered in the Netherlands. The business account has no monthly fee. Opening an account takes 3–5 days. Non-residents are accepted: owners and directors do not need to live in the country where the company is registered.
NOWE Money B.V. (Amsterdam) is not itself a licensed institution. Accounts and cards are issued by Equals Money, authorised by the UK Financial Conduct Authority; client funds are held in safeguarded accounts and never used for credit.
Why businesses pick NOWE Money
- Registered companies from any country can apply, with no EU office or local director
- Dutch IBAN issued on approval
- Free SEPA transfers in and out
- Exchange capped at 1.5% for business accounts
- Verification usually within one business day
Watch out for
- The account and cards belong to Equals Money, not to NOWE
- Physical cards only for customers in Europe and the UK
- SWIFT costs €2 per transfer on Classic and Platinum
- No prohibited-industry or country list published
- Only 2 Trustpilot reviews
Business fit
Will NOWE Money 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 NOWE Money's published rules
Needs review
NOWE Money works with E-commerce, but does not publish the countries it accepts companies from.
NOWE Money 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 NOWE Money publishes about the businesses it takes on.
Who NOWE Money serves
- E-commerce
- Import and export
- Professional services
- Freelancers
Not supported
Industries and countries NOWE Money does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use NOWE Money?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
38+ currencies
Euro IBAN; 38+ currencies for transfers and exchange. The full list is not published.
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Companies (corporations), LLCs, Sole traders
Pricing
What does NOWE Money 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
Not published
Monthly fee
€0–79.99
depends on plan
NOWE Classic
Lowest cost€0 per month
Setup fee not published
NOWE Platinum
€24.99 per month
Setup fee not published
NOWE Black
€79.99 per month
Setup fee not published
Transaction fees
| Cost | NOWE Classic | NOWE Platinum | NOWE Black | How it is charged |
|---|---|---|---|---|
| Incoming | ||||
| SEPA | Free | Free | Free | No charge |
| Outgoing | ||||
| SEPA | Free | Free | Free | No charge |
| SWIFT / international | €2 | €2 | Free | Fixed fee |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Up to 1.5% | Percentage of the amount · Above the mid-market rate |
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.
Who issues the NOWE account?
Equals Money, authorised by the UK Financial Conduct Authority. NOWE Money B.V., registered in Amsterdam, runs the platform and the brand.
Can a company outside the EU open a NOWE business account?
Yes. NOWE accepts registered companies from anywhere in the world, with no EU office, local director or European entity needed.
How much does NOWE cost?
Classic is free, Platinum €24.99 a month and Black €79.99 a month. SEPA is free, SWIFT costs €2 on Classic and Platinum and nothing on Black, and exchange is up to 1.5%.
What IBAN do I get?
A Dutch (NL) IBAN, issued as soon as the account is approved.
Alternatives
How NOWE Money compares.
If NOWE Money is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 NOWE MoneyThis pageBusiness account platform | Not published | NL IBANEquals Money |
 Equals MoneyPayment institution |  | Multi-currency IBANExpense cards |
 Wise BusinessE-money institution |  | Low FX costsStandard businesses |
 SatchelE-money institution |  | European IBANMastercard cards |
 GenomeE-money institution | | Published pricesVisa cards |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.