bankzaken

Bankzaken is a Dutch term that refers to activities and matters related to banking. It covers the management of financial accounts, payments, and the broader relationship with banks.

Core services associated with bankzaken include opening and maintaining checking and savings accounts, using payment instruments such as debit cards and online transfers, arranging loans and mortgages, and managing investments or insurance products offered through banks.

Digital banking is central to contemporary bankzaken, with online and mobile banking, payment apps, and tools for budgeting and transfers. Banks also implement security measures such as strong customer authentication and encryption, and monitor for fraud and misuse.

In the Netherlands, bankzaken is regulated by supervisory authorities such as De Nederlandsche Bank (DNB) and the Autoriteit Financiële Markten (AFM). It operates under laws including the Wet op het financieel toezicht (Wft) and privacy rules such as the Algemene Verordening Gegevensbescherming (AVG, the GDPR).

In everyday usage, bankzaken describes the management of personal or business finances through banks, from routine transactions to long-term financial planning and advisory services.