Nationality Is Ruled Out by Name, and the Laundering Rules Are the Only Door That Shuts
Answer
The general rule applies to you
No exception is recorded for citizens of Argentina on this topic. That is the answer, not a gap - everything below is the rule you get, unchanged.
127 exceptions recorded across 48 countries · none match Argentina to Netherlands · Opening a bank account
The Dutch right to a bank account is in the supervision Act and it rules nationality out in the sentence that creates it. Article 4:71f(1) of the Wet op het financieel toezicht requires a bank offering payment accounts to consumers in the Netherlands to let consumers lawfully resident in the European Union apply for and use a basic payment account in euros, irrespective of the consumer's nationality or place of residence and irrespective of any other ground in article 21 of the Charter. Paragraph 2 says who else counts as lawfully resident: consumers with no fixed address, consumers awaiting a decision on an asylum application, and consumers who cannot be removed for legal or factual reasons. The account must be opened within ten working days. The one ground of refusal the bank has no discretion over is article 4:71g(1): it must refuse where opening the account would mean it could not meet the requirements of the Wwft, and that Act requires the client's identity to be verified from documents, data or information from a reliable and independent source before the relationship begins.
At a glance
- Nationality
- Expressly excluded as a ground, in the sentence that creates the right
Article 4:71f(1) of the Wet op het financieel toezicht.
- Place of residence
- Excluded in the same sentence; what is required is lawful residence in the Union
- Who else counts as lawfully resident
- Consumers with no fixed address, asylum applicants awaiting a decision, and people who cannot be removed for legal or factual reasons
Article 4:71f(2).
- How long the bank has
- Ten working days from the complete application
Article 4:71f(4), subject to the refusal grounds in article 4:71g.
- The refusal the bank must make
- Where it could not meet the requirements of the Wwft in opening the account
Article 4:71g(1).
- A refusal the bank may make
- Where the applicant cannot show a genuine interest in a basic payment account in the Netherlands
Article 4:71g(2)(a).
- What the Wwft asks for from a natural person
- Documents, data or information from a reliable and independent source
Article 11(1) of the Wwft, which names no document and leaves the list to a ministerial regulation.
- Online-only basic accounts
- Not permitted
Article 4:71f(7) of the Wet op het financieel toezicht.
Requirements
- Lawful residence in the European Union, as defined in article 4:71f(2)
- Identity verified from documents, data or information from a reliable and independent source
- A genuine interest in holding a basic payment account in the Netherlands
What applies to you
Nothing changes for a citizen of Argentina
We have no rule recorded that treats your citizenship differently here, so the general rule above is the one that applies to you. That is an answer, not a gap.
What the law says
«1 Een bank die in Nederland betaalrekeningen aan consumenten aanbiedt, stelt consumenten die rechtmatig in de Europese Unie verblijven op verzoek in de gelegenheid een basisbetaalrekening in euro’s aan te vragen en te gebruiken, ongeacht de nationaliteit of woonplaats van de consument en ongeacht enige andere grond als bedoeld in artikel 21 van het Handvest van de grondrechten van de Europese Unie.»Our translation - not official
A bank offering payment accounts to consumers in the Netherlands shall, on request, give consumers lawfully resident in the European Union the opportunity to apply for and use a basic payment account in euros, irrespective of the consumer's nationality or place of residence and irrespective of any other ground as referred to in article 21 of the Charter of Fundamental Rights of the European Union.
The right, and the exclusion of nationality in the same breath. It is owed by a bank offering payment accounts to consumers in the Netherlands, to consumers lawfully resident anywhere in the Union.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
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«2 Voor de toepassing van deze paragraaf wordt onder consumenten die rechtmatig in de Europese Unie verblijven mede verstaan consumenten die in de Europese Unie verblijven en die geen vast adres hebben dan wel in afwachting zijn van de beslissing op een asielaanvraag of die om wettelijke of feitelijke redenen niet kunnen worden uitgezet.»The definition that does the work for a new arrival whose papers are not yet in order.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«4 De bank opent een basisbetaalrekening uiterlijk tien werkdagen na ontvangst van de volledige aanvraag, tenzij een of meer van de weigeringsgronden, bedoeld in artikel 4:71g van toepassing zijn.»A deadline on the bank, qualified only by the refusal grounds in the next article.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«1 Een bank weigert een basisbetaalrekening te openen, indien de bank bij het openen daarvan niet kan voldoen aan de bij of krachtens de Wet ter voorkoming van witwassen en financieren van terrorisme gestelde eisen.»The one mandatory refusal, and it is not about the applicant's status: it is about whether the bank can satisfy the anti-laundering Act.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«2 Een bank mag voorts het openen van een basisbetaalrekening weigeren indien de aanvrager: - a. niet kan aantonen een werkelijk belang te hebben bij het openen van een basisbetaalrekening in Nederland; - b. bij een in Nederland gevestigde bank een aanvraag voor een basisbetaalrekening heeft lopen of reeds een betaalrekening aanhoudt bij een andere in Nederland gevestigde bank, waarmee hij gebruik kan maken van de diensten, genoemd in artikel 17, eerste lid, van de richtlijn betaalrekeningen, tenzij de aanvrager verklaart ervan in kennis te zijn gesteld dat die betaalrekening zal worden opgeheven; - c. minder dan acht jaar geleden onherroepelijk is veroordeeld voor een misdrijf als bedoeld in de artikelen 225 , 227a , 326 , 341 , 420 bis of 420 ter van het Wetboek van strafrecht ; - d. een basisbetaalrekening had die op grond van artikel 4:71i, eerste lid, onderdeel f , minder dan twee jaar geleden is beëindigd; of - e. weigert om desgevraagd de in het derde lid bedoelde verklaring te ondertekenen.»The discretionary refusals. Limb (a) is the one a newly arrived applicant meets: a genuine interest in holding the account in the Netherlands.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«7 Het is een bank als bedoeld in het eerste lid niet toegestaan om basisbetaalrekeningen uitsluitend via internet aan te bieden.»Our translation - not official
A bank as referred to in the first paragraph is not permitted to offer basic payment accounts solely via the internet.
One sentence, and it is about reach rather than about the applicant: the account has to be obtainable somewhere other than a website.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«1 Een instelling verricht ter voorkoming van witwassen en financieren van terrorisme cliëntenonderzoek. - 2 Het cliëntenonderzoek stelt de instelling in staat om: - a. de cliënt te identificeren en diens identiteit te verifiëren;»The duty that article 4:71g(1) points at. Identifying the client and verifying that identity is the first thing the client investigation must make possible.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«1 Indien de cliënt, de insteller van een trust, de trustee van een trust, de vennoot van een personenvennootschap of de persoon bevoegd inzake het beheer van de personenvennootschap een natuurlijke persoon is, wordt diens identiteit geverifieerd aan de hand van documenten, gegevens of inlichtingen uit betrouwbare en onafhankelijke bron. Bij ministeriële regeling kunnen documenten, gegevens of inlichtingen worden aangewezen op basis waarvan kan worden voldaan aan het in de vorige zin bepaalde.»The standard for a natural person, and it is a standard rather than a list: reliable and independent source. The documents may be designated by ministerial regulation, which was not read.
Read it at the sourceAbout this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
«Member States shall ensure that payment accounts with basic features are offered to consumers by all credit institutions or a sufficient number of credit institutions to guarantee access thereto for all consumers in their territory, and to prevent distortions of competition. Member States shall ensure that payment accounts with basic features are not only offered by credit institutions that provide payment accounts with solely online facilities. 2. Member States shall ensure that consumers legally resident in the Union, including consumers with no fixed address and asylum seekers, and consumers who are not granted a residence permit but whose expulsion is impossible for legal or factual reasons, have the right to open and use a payment account with basic features with credit institutions located in their territory. Such a right shall apply irrespective of the consumer’s place of residence.»The Union obligation the Dutch provisions transpose. The Directive names consumers with no fixed address and asylum seekers in the same sentence as everyone else.
Read it at the sourceAbout this source
The Union's legal database. Publishes each act as adopted in the Official Journal and, separately, a consolidated version carrying every amendment to a stated date, identified as 0YYYYRNNNN-YYYYMMDD. The consolidated text marks each amended passage with the instrument that changed it.
Standing: Maintains the text in force
Cannot be cited for: A consolidated text is explicitly not authentic - EUR-Lex says so on the document - and only the Official Journal version has legal force. It also says nothing about how any member state applies the act: a regulation is directly applicable but the border practice, the evidence an officer may ask for and the national exceptions are in national law, which is published elsewhere.
We re-read it every 90 days. More about this source
Practical notes
The right is to a basic payment account with no overdraft, not to any account a bank sells. What a bank offers beyond that is its own commercial decision and is not governed here.
A bank's own acceptance policy is a fact about that bank. Nothing in this record says which documents any particular Dutch bank will take: article 11(1) of the Wwft sets a standard and leaves the list to a regulation that was not read.
- consolidatesWet op het financieel toezicht
Overheid.nl, Wettenbank
About this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
- consolidatesWet ter voorkoming van witwassen en financieren van terrorisme
Overheid.nl, Wettenbank
About this source
The consolidated text of every Dutch regulation, each at a stable BWBR identifier and served whole as HTML. A date may be appended to the address to ask for the text as it stood on that day, and the page states the period the version it serves was in force.
Standing: Maintains the text in force
Cannot be cited for: The authentic text is Dutch. The English renderings that exist elsewhere are translations and may not be quoted as the instrument. Much of what decides a Dutch application is not here as law: the Vreemdelingencirculaire 2000 is a policy circular of the State Secretary, and the IND's own pages are an agency describing the law it applies. The reach of each instrument also differs inside the Kingdom - the Vreemdelingenwet 2000 governs the European Netherlands, the Caribbean Netherlands has its own admission Act, and Aruba, Curacao and Sint Maarten legislate their own admission entirely, while the Rijkswet op het Nederlanderschap is a Kingdom Act and applies across all of it.
We re-read it every 60 days. More about this source
- consolidatesDirective 2014/92/EU
EUR-Lex, Publications Office of the European Union
About this source
The Union's legal database. Publishes each act as adopted in the Official Journal and, separately, a consolidated version carrying every amendment to a stated date, identified as 0YYYYRNNNN-YYYYMMDD. The consolidated text marks each amended passage with the instrument that changed it.
Standing: Maintains the text in force
Cannot be cited for: A consolidated text is explicitly not authentic - EUR-Lex says so on the document - and only the Official Journal version has legal force. It also says nothing about how any member state applies the act: a regulation is directly applicable but the border practice, the evidence an officer may ask for and the national exceptions are in national law, which is published elsewhere.
We re-read it every 90 days. More about this source