Multipass is a financial services provider offering global business accounts, multi-currency payments, and cross-border transaction solutions.
Read case study
Money Transfer
Request demo
Netherlands · Payment institution
Remittance software for payment institutions licensed in the Netherlands
The Dutch small PI exemption does not cover money remittance, so a transfer business in the Netherlands needs a full DNB licence from the start. Build it on a platform that records each transfer from payment in to payout.
- Remittances and marketplace payouts
- SEPA Instant and SWIFT corridors
- FX margins in price lists
- Batch payouts with four-eyes approval
Case Studies
Paysend & Crassula - a banking solution for international companies
Read case study
LuxPay is at the forefront of providing advanced financial services, designed to meet the needs of modern businesses and consumers alike.
Read case study
Wickie offers secure and scalable fiat and cryptocurrency payment solutions, providing users with digital wallets and seamless financial services across multiple platforms.
Read case study
Transfer services a Dutch PI can run on the platform
Remittances from the Netherlands
Customers pay in by SEPA Instant and send to relatives abroad, with the rate and the amount received fixed at the moment they confirm.
Marketplace and platform payouts
Sellers and freelancers paid in bulk from a file or via API, each batch released after a second approver signs off.
Corridor pricing
FX spreads and fees per currency pair, corridor and client group, maintained in price lists.
Recipient management
Saved beneficiaries, BIC lookup and transfer templates for senders who pay the same people every month.
What this licence does not cover
- Money remittance under the small PI exemption. The exemption only covers payment services 1 to 5, in the Netherlands only.
- Holding funds as e-money or prepaid balances.
- Interest on balances waiting to be paid out.
What the regulator asks about your IT
Each requirement, what the platform gives you for it and who owns it after launch.
A description of each service the platform performs, so the services in your application match your capital.
You, with your lawyersTransfer-level records of funds in transit, exported for reconciliation with the safeguarding account.
Your finance teamApproval roles in the back office for both policymakers, with a log of every decision.
YouSender identity and address captured at onboarding and sent with each payment.
SharedLimits per corridor and client type, plus exports for your sanctions screening and transaction monitoring.
Your compliance officerService description, subcontractors, audit rights and exit support for your register of information.
You, with our input
Payment rails and providers
Rails your customers can use
SEPA InstantSEPA Credit TransferSWIFTInternal transfers
24/7
real-time processing, no batch window
60+
payment and provider integrations connected
150+
companies run on Crassula
15+
languages the platform speaks
Dates to plan around
Rules that change what you have to build, in the order they apply.
17 Jan 2025
DORA applies to Dutch payment institutions, including the register of information on ICT providers.
9 Oct 2025
Payment institutions in the Netherlands that send euro transfers must let payers check the payee's name first.
9 Apr 2027
Dutch PIs must be reachable for instant euro payments and able to send them.
10 Jul 2027
The EU Anti-Money Laundering Regulation applies on top of, and partly instead of, the Wwft.
Around 2028
PSD3 is expected to apply. Licensed PIs will need to show DNB they meet the updated rules.
Applying to DNB for a payment institution licence? Name us in your file.
DNB wants evidence of safeguarding with the application itself, either proof that the arrangement exists or a commitment letter from a bank. We help you show how the transfer platform feeds that arrangement and write the IT sections of the file.
01
A platform you can demonstrate
A configured environment to show the regulator, not slides.
02
The technical part of your application, prepared
Payment flows, IT security, ICT risk under DORA, outsourcing and continuity sections for your DNB file.
03
Providers lined up
Banking, safeguarding and KYC providers from our network, matched to your licence.
Crassula provides technology and documentation support. We do not provide legal or regulatory advice and cannot guarantee the outcome of an application.
A Rotterdam remittance service
Suppose a team wants to serve Surinamese, Moroccan and Turkish communities in the Netherlands, many of whom send money to relatives each month. They apply to DNB for money remittance and payment accounts, set up a stichting derdengelden and show the platform's transfer flow in the pre-application meeting.
Payments to relatives with euro accounts elsewhere in Europe go out instantly over SEPA. Transfers to Suriname, Morocco and Turkey run over SWIFT through a connected provider. Two policymakers in Rotterdam approve high-value transfers and review the daily reconciliation.
Further reading: the Netherlands DNB licence guide and payment institution licences explained.
Read the licence guides
FAQ
Not for remittance. The exemption covers payment services 1 to 5 up to EUR 3 million a month, in the Netherlands only, and requires registration with DNB. Money remittance needs a licence.
A separate foundation that holds customer funds apart from the payment institution. It is one of the safeguarding methods DNB accepts, next to a segregated account and insurance or a guarantee.
The AFM supervises conduct towards customers, and the ACM deals with access to payment systems. DNB handles the licence and prudential supervision.
No. You show the capital with a deposit statement from a bank, and it does not have to be a Dutch one.
Euro corridors run over SEPA and SEPA Instant. Non-euro payouts use SWIFT via a connected provider. Which countries you serve follows from your Wwft risk assessment.
