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Any Americans in Holland run into FATCA problems with their bank?

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megamike
3/14/2021 05:34 EST

Do any Americans living in the Netherlands have any experience with FATCA? Especially if you are a dual US/Netherlands citizen like me. After 20 years I am afraid that my bank is going to close my accounts I have a US Social Security number. I am wondering if my bank will allow me to at least keep my standard account that is used for paying bills. Anyone have any experience here?

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megamike
6/20/2021 02:40 EST

I have lived in the Netherlands for more than 20 years and have dual U.S.-Netherlands citizenship.

The bank that i have had for all this time is ABN AMRO. I am not sure what their policy is for accepting Americans as new customers. Some banks flat out say "no Americans".

In my case, I only had to provide my U.S. social security number and that was satisfactory.

Good luck. This is a real mess for U.S. citizens who want to live abroad.

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slugmama
6/19/2021 23:51 EST

Did you find a Dutch bank that will offer new bank accounts to U.S. citizen students? My son is going to the Netherlands for university and will need a bank.

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