Fast & cheap payments

We understand how important it is to pay suppliers on time. Paying your suppliers must be simple, fast and cheap. This is why you can transfer money almost immediately to almost any supplier in the world through us for only € 5,- per payment. The payment will be made to the NBWM account of your supplier within a few minutes during office hours. All you need to do is make sure the supplier also has an account with us. He can easily open an account online.

The benefits

Fast

Your payments will be credited to the account of your supplier within one hour. This can speed up the delivery of goods/services to your company.

Cost savings

High-speed payments cost only € 5,- per payment. Save up to 75% in costs compared to other payment solutions.

Relationship

Your supplier will now have certainty that the invoice has been paid much faster. This benefits your relationship with the supplier.

Safe

Reduce the risks for you and your suppliers. You will both have certainty faster.

Global

You and your supplier can make payments to more than 100 countries using your accounts.

Support

Our team of currency experts is ready to help you and your supplier.

How it works


Your supplier opens an account with us.


Your supplier sends you an invoice.


You transfer the money to the account of your supplier. He will have the money in his NBWM account within an hour. He can then transfer it to his own bank account.

Opening an account

Your supplier can have an account within a few days. Just fill out our online application form. It can be found using the button below or on https://oms.nbwm.nl/en/account/business

Open an account

Disclaimer

In the scenario described above your recipient will already need to be registered with the NBWM as a client. From inside the NBWM wallet you can send them money. Once your recipient knows you’ve sent them money and it’s waiting in a balance for them, they’ll need to go through steps in order to withdraw or pay out the money to their own bank account. Note that this may take additional time and may depend on the type of bank and jurisdiction.
Note that the bank of your supplier may still charge transfer fees in respect of a withdrawal to their own bank account. Exotic currencies might apply additional correspondence costs.
We intend to register the payments between you and your supplier or customer almost immediately. Note however that payments are only effected during CET business hours. NBWM intends to process payments same day, but note that NBWM does not guarantee same day settlement. Payments instructions will be executed on a ‘best efforts’ basis. Payments that are not processed intraday, will be processed the first available business day.
NBWM clients always must have sufficient funds available on the account in order to execute the transactions.
Transfers may be delayed or even cancelled in connection with international anti-money laundering rules. Transfers may be delayed if destination accounts or are not delivered correctly, when the C-number is missing or we otherwise reasonably cannot recognize the transaction.
Your supplier or customer can hold funds no longer than necessary. This means that if we have credited your supplier for your payment, your supplier must withdraw the funds to his own bank account within a few days. Of course, as any client of NWMB, your supplier can on pay the funds in whole or in part to a third party as specified in a destination account to be created by him.
Please see our General Terms and Conditions for further information.
Important note: While we of course would greatly value your supplier or customer becoming a new client of us, it is not required for you to make or receive payments to suppliers or from customer. This is already possible with your current NBWM account. For making payments simply create a destination account. For receiving payments simply ask your customer to send the funds to our escrow account (‘Stichting Derdengelden’) mentioning your C-number (client number).