Europe · GDP rank #16

Netherlands

NL · EUR @ 1.1595/USD

Cards — specifically Maestro and its debit successors — dominate at the point of sale, while e-commerce runs almost entirely through iDEAL, the domestic bank-transfer scheme owned by a consortium of Dutch banks and being migrated into the pan-European Wero wallet. Cash usage is among the lowest in the euro zone. Regulatory posture is EU-compliant with a DNB emphasis on AML vigilance after the 2020s ING-ABN scandals.

Tab 05

Cross-border

Inbound and outbound remittance corridors, tourism flows, FX markup on retail cross-border, and the country's posture on stablecoin adoption. Corridor figures come from the World Bank RPW feed or the publishing central bank; both are cited when they disagree.

Remittance inflows

US$3.6B

USD · 2023

Remittance outflows

US$9.4B

USD · 2023

Inbound tourism spend

€19B

EUR · 2024

Outbound tourism spend

€28B

EUR · 2024

Avg. corridor cost

5.8%

% · Q4 2024

Net position

Net sender

Top inbound corridors

  • BelgiumUS$380M

    via bank

Top outbound corridors

  • TurkeyUS$1.1B

    via MTO

  • MoroccoUS$820M

    via MTO

Cross-border card

Card flow leaving and arriving

Cards issued domestically and used abroad reflect outbound consumer travel and cross-border e-commerce; volume acquired from abroad reflects inbound tourism and foreign online shoppers.

Issued volume spent abroad

€28B

EUR/year · 2024

Acquired volume from abroad

€19B

EUR/year · 2024

FX cost

What consumers pay above the interbank

Retail FX markup is the spread between the mid-market rate and the rate the consumer receives — the single largest friction point in small-ticket cross-border.

FX regime
euro-area member
Reference
Euro adopted 1999 (notes/coins 2002)

Source · DNB

FX markup not reported.

Full reference

Remittances

Net Position: sender

Source: