Founded in 2000, BinckBank is a Dutch bank providing online investors with fast, low-cost access to the leading financial markets around the world, accurate administrative processing of securities and cash transactions and extensive market information. BinckBank offers online brokerage, online asset management services and online savings accounts. In 2019 BinckBank became a part of Saxo Bank.
Becoming a client of BinckBank NV can be done in a few steps:
Due to regulatory requirements BinckBank NV performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual BinckBank NV will ask him/her to provide the following documents: passport; proof of address. For corporate clients BinckBank NV will ask to provide corporate documentation as well as information about controlling persons. BinckBank NV may request additional documentation or information depending on the case. Account opening procedure is usually completed within 10 minutes.
BinckBank NV is the 14th largest bank in the Netherlands in terms of total assets. In 2019 its total assets were 5 068,16 mln EUR. In 2019 the bank's net income was 16,15 mln EUR.
BinckBank NV participates in the deposit guarantee scheme of the Netherlands. This deposit guarantee scheme applies to current accounts, savings accounts, term deposits made by private individuals, legal entities and covers up to up to 100,000 EUR per bank per depositor. BinckBank NV is a member of Deposit Guarantee Fund (DGF) and makes its contributions into it.
BinckBank NV is headquartered in AMSTERDAM.