Need to transfer money to Netherlands see foreign exchange companies offering the best currency deals.
Even if you are sending money to pay your mortgage, Importing or exporting or money to paying oversea suppliers? No matter who you intend to pay use a foreign exchange broker it is cheaper than using high street banks.
Currency for Netherlands
The Euro (EUR) is now the official currency of Netherlands. Netherlands prior currency, the Guilder, has now been phased out as legal tender and is no longer accepted.
Euro Currency Denominations
Note Currency 5.00 Euro's - 10.00 Euro's - 20.00 Euro's - 50.00 Euro's - 100.00 Euro's - 200 Euro's and 500 Euro's
1 Euro Cent - 2 Euro Cents -1.00 Euro Coin - 2.00 Euro Coin - 5 Euro Cents - 10 Euro Cents - 20 Euro Cents and
50 Euro Cents.
Credit Cards accepted
The following credit cards are accepted MasterCard and Visa as well as others major credit cards including Euro cheque cards. Always check with your credit card company for details of merchant acceptability and other services which may be available before you go on holiday or travel abroad / overseas
Traveller's cheques are accepted in all banks and bureaus, though to avoid any extra service charges it is recommended that the cheques are in either US Dollars, Pounds Sterling or Euros. ATMs are available in most towns. Electricity - 230V, 50 Hz
Currency restrictions - There are no restrictions on the import and export of either local or foreign currency. But under Dutch law everyone over the age of 14 is required to carry identification, such as a valid passport, driver's licence, identity card or Dutch residency card, at all times. Dutch police officers and other law enforcement officials can request to see your identification at any time. You can be fined if you fail to present identification when requested.
Bank Opening Hours - Mon 13.00 - 16.00 - Tues to Fri: 09.00- 16.00
In Netherlands, you can exchange your currency at most Banks as well as many exchange bureaus that you will find in popular areas, such as Amsterdam,Rotterdam, sGravenhage Utrecht and Eindhoven. In most banks when you are exchanging currency, you will need your passport. If you do not have this with you, then the bank may refuse to exchange your currency.
Making regular transfers to Netherlands So it is advised that if you are sending money on a regular basis you should use a foreign exchange broker to ensure you get the most out of your exchange rate.