Peanut in the Netherlands — Send Money Abroad for Less
Deposit for free via SEPA from any Dutch bank. Send money to Argentina, Brazil, and 40+ countries at the real market rate. No fees.
The Netherlands is fully connected to Peanut through SEPA. You can deposit euros from any Dutch bank account for free — 90% of SEPA deposits arrive in under 20 minutes. Once funded, you hold a digital dollar balance that you can send to anyone, anywhere, or spend locally when you travel.
The Netherlands has historical ties to South America through Suriname, with an estimated 350,000 Surinamese-Dutch residents. Buenos Aires and Brazil's major cities attract Dutch tourists and digital nomads. Whether you are planning a trip, sending money to family, or working remotely across borders, Peanut gives you a single app that moves your money at the real market rate with no fees.
How It Works
- 1
Deposit via SEPA
Transfer euros from your Dutch bank account to your Peanut account. SEPA deposits are free and 90% arrive in under 20 minutes. If your bank supports SEPA Instant, deposits arrive even faster.
- 2
Your balance stays in digital dollars
Your euros convert to digital dollars at the market rate. Your balance stays in dollars until you spend — no currency fluctuation between deposit and payment.
- 3
Send money anywhere
Send to anyone via Peanut Links. The recipient claims the funds and withdraws locally — via Mercado Pago in Argentina, Pix in Brazil, bank transfer, or cash at an ATM.
- 4
Spend when you travel
Traveling to Argentina? Pay at over 1,000,000 merchants via Mercado Pago QR. Visiting Brazil? Pay with Pix. Your digital dollars convert at the real market rate at the moment of payment.
What You Can Do from the Netherlands
Send Money to Argentina
Buenos Aires attracts a growing number of Dutch travelers and digital nomads. The cripto dólar rate gives you approximately 5-10% more pesos per euro than what credit cards or traditional bank transfers deliver. Deposit via SEPA from your Dutch bank, and the recipient in Argentina spends instantly via Mercado Pago at over 1,000,000 merchants — or withdraws cash from ATMs. No DNI required.
Send Money to Brazil
Brazil draws Dutch tourists to its beaches, cities, and festivals. Send money via Peanut and the recipient pays with Pix instantly. No CPF required. Traditional transfers to Brazil are subject to the IOF tax — Peanut bypasses that entirely.
Send Money Anywhere
Peanut supports deposits and withdrawals in 40+ countries. Send digital dollars to anyone via Peanut Links — the recipient claims the funds and withdraws locally in their currency. Whether you are paying a contractor, splitting costs with friends abroad, or supporting family, the process is simple: deposit from your Dutch bank, send instantly, recipient withdraws locally.
Exchange Rate and Fees
Peanut charges no fees on deposits, transfers, or withdrawals. SEPA deposits from the Netherlands are free. Sending money is free. The recipient spending via local payment systems is free.
Your euros convert to digital dollars at the market rate via SEPA. When the recipient spends in Argentina, the digital dollars convert to pesos at the cripto dólar rate — approximately 5-10% better than the rate credit cards and traditional bank transfers use. In Brazil, digital dollars convert to reais without the IOF tax that applies to traditional transfers.
For full details, visit the pricing page.
Who Uses Peanut from the Netherlands
Travelers to Latin America
If you are heading to Buenos Aires, Patagonia, or Brazil, Peanut saves you money on every transaction. Deposit euros via SEPA before your trip, and pay like a local from the moment you arrive. No DNI in Argentina, no CPF in Brazil — just your passport. Dutch credit cards charge foreign transaction fees on top of an unfavorable rate. Peanut eliminates both.
Digital Nomads
The Netherlands has a thriving community of remote workers who spend time across Latin America. Whether you are based in Buenos Aires, Medellin, or Sao Paulo, Peanut gives you access to local payment systems without the paperwork locals had to go through. Pay your daily expenses at the real rate.
People Sending Money Abroad
Sending money from the Netherlands to family or friends in Latin America, Suriname, or elsewhere? Traditional bank transfers charge fees and deliver unfavorable rates. Peanut is free, instant, and gives the recipient more value per euro sent.
Getting Started
Verification
Peanut uses passport or national ID verification. Your Nederlandse identiteitskaart (Dutch national ID card) works perfectly. The process takes under two minutes for most users. Upload a photo of your ID and take a quick selfie. Your identity documents are handled by a certified third-party verification provider — Peanut never sees or stores your documents.
Deposit from the Netherlands
SEPA bank transfer is the recommended deposit method from the Netherlands. Free, fast, and available from every Dutch bank — whether you use ABN AMRO, ING, Rabobank, or any other institution. Transfer euros to Peanut's SEPA details using the reference number provided in the app. 90% of deposits arrive in under 20 minutes.
You can also send digital dollars from any exchange on Solana, Arbitrum, Base, Tron, Polygon, Avalanche, or Ethereum — all deposits are free and arrive in minutes.
No hard spending limit for users in Europe. Transactions above $100,000 are reviewed manually.
FAQ
Can I use Peanut from the Netherlands?+
Yes. The Netherlands is part of the SEPA zone, so you can deposit and withdraw euros via SEPA bank transfer for free. You can also deposit and withdraw digital dollars on any supported network. Send money to anyone in 40+ countries.
How do SEPA deposits work from the Netherlands?+
Transfer euros from your Dutch bank to Peanut's SEPA bank details using the reference number shown in the app. 90% of SEPA deposits arrive in under 20 minutes. If your bank supports SEPA Instant, deposits arrive even faster. All SEPA deposits are free.
What exchange rate does Peanut use?+
For the EUR-to-digital-dollar conversion, Peanut uses the market rate. When spending in Argentina, your digital dollars convert to pesos at the cripto dólar rate — approximately 5-10% better than credit cards. The rate locks at the moment of payment.
Can I send money to Argentina from the Netherlands?+
Yes. Deposit euros via SEPA from your Dutch bank (free, under 20 minutes), and the recipient in Argentina spends instantly via Mercado Pago QR at over 1,000,000 merchants. The cripto dólar rate delivers approximately 5-10% more pesos per euro than credit cards or Wise.
Do I need a BSN to use Peanut?+
No. You do not need a BSN (Burgerservicenummer) or any Dutch identification. Verify with any passport or national ID card from any country. Your Nederlandse identiteitskaart works, but so does a passport from any other nation.
How much does Peanut cost?+
Peanut charges no fees on deposits, transfers, spending, or withdrawals. Peanut uses the market rate — no markup, no hidden fees. SEPA deposits are free. Sending money is free. Gas fees on digital dollar deposits are covered by Peanut.
