Finom Solo - The Best Free Business Account
Free vs. Paid Business Bills
Finom Solo
- No monthly fees - forever
- Dutch IBAN within 24 hours
- Free Visa debit card
- Free transactions up to €2,500/month
- Billing function included
- Link with accounting programs
- Apple Pay & Google Pay
- No deposit guarantee scheme
Knab Business
- 500 free transactions per year
- Up to 5 free checking accounts
- Automatically save VAT
- Excellent customer service
- Deposit Guarantee Scheme
- Highest savings interest
- €0.10 per additional transaction
- Do not deposit cash
ING Business
- Reliable major bank
- Extensive office network
- Cash deposit possible
- Deposit Guarantee Scheme
- Instant payments
- Push notifications
- €0.09 per transaction
- No weekend service
What you need to know about free accounts
Finom is an electronic money institution licensed by the National Bank of Belgium. Your money is not covered by the Dutch deposit guarantee scheme, but is kept separately from company assets. This is not a problem for most self-employed people with a limited balance. Do you have large amounts in your account? Then consider a traditional sofa.
Benefits of a Free Business Account
Save €100+ per year
No monthly fees means more money in your pocket immediately. Save on average €100-€150 per year compared to paid bills.
Quick Start
Apply online in 15 minutes, IBAN within 24 hours. No paperwork, no waiting times. Get started with entrepreneurship right away.
Modern App
Manage your finances from your phone. Real-time notifications, clear transactions and easy money transfers.
Billing included
Create and send professional invoices directly from the app. No separate invoicing program required.
Is a Free Business Account Really Free?
Yes, with Finom Solo you actually pay €0 per month. There are no hidden monthly costs, no minimum turnover and no mandatory purchase of other products. You only pay transaction costs if you make more than €2,500 per month in outgoing payments (0.30% on the excess).
For most self-employed people and small entrepreneurs, this means that the account is completely free. Do you send a lot of invoices or do you have high expenses? Then the transaction costs can increase, but even then Finom is often cheaper than traditional banks.
Who is a Free Business Account suitable for?
Self-employed people and freelancers: Ideal for keeping your costs low, especially in the beginning when every euro counts.
Starters: Start your business without bank charges. Upgrade to a paid account later if your needs change.
Additional earners: Perfect for people who have a small business in addition to their job.
Small entrepreneurs: Suitable for entrepreneurs with a limited number of transactions per month.
