Dutch Payments Association

A Dutch IBAN consists of the current bank account number preceded by the country code NL, a 2-digit control number and the (abbreviated) name of the PSP.

Foreign web shop not always ready for mandatory double authentication of payments with Dutch credit cards.

The benefit of an Instant Payment is that the payment amount will be immediately credited on the account of the beneficiary resulting in access to the funds for the beneficiary within a matter of seconds.