IBAN for Bunq
Bunq is a major bank in Netherlands. IBANs at Bunq are 18 characters long with SWIFT/BIC code BUNQNL2A. Dutch neobank, popular for freelancers and remote workers.
Bunq
Netherlands · EUR
How to Pay Bunq in Netherlands via Bitwage
Netherlands is in the SEPA zone. Bitwage routes payments to Bunq accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Netherlands contractor. Enter their Bunq IBAN (18 characters) and SWIFT code BUNQNL2A.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to EUR and routes via SEPA. Your contractor's Bunq account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Netherlands may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Netherlands payments.
Key Terms & Resources
Other Banks in Netherlands
Also paying contractors at other Netherlands banks?
Bunq IBAN FAQ
Common questions about Bunq IBAN format, SWIFT code, and paying Netherlands contractors.
Bunq IBANs are 18 characters long and start with NL. A typical example is NL12 BUNQ 2025 3340 00. Dutch neobank, popular for freelancers and remote workers. For international payments you will also need the SWIFT/BIC code BUNQNL2A.
The SWIFT/BIC code for Bunq is <strong>BUNQNL2A</strong>. This identifies Bunq on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Bunq IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Netherlands is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Netherlands contractors — including multiple Bunq accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Bunq in Netherlands
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.