Answers to your questions about the Netherlands

For a payment institution an account is often usable within days. For a traditional Dutch bank, expect a few weeks from a complete application, and longer where there are shareholders outside the EU, a complex ownership chain or an activity the bank treats as higher risk. The waiting time is almost entirely compliance review, so the way to shorten it is a file that answers the questions before they are asked. We start the banking track in parallel with the incorporation so the two do not run one after the other.