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Successful launch of FiNBOX: a total of 420,000 participants

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New digital mailbox receives a warm welcome

On 15 February, ABN AMRO, ING and Rabobank jointly launched FiNBOX, the new financial inbox within online banking. One month after the launch, the number of consumer sign-ups has skyrocketed. There have been 70,000 new sign-ups this month. This brings the total number of FiNBOX users – formerly known as Digitale Nota / NotaBox – to around 420,000.

Boele Staal, chairman of the Dutch Banking Association: “A month ago, we joined forces with ABN AMRO, ING and Rabobank to introduce consumers and organisations to FiNBOX. The high number of new registrations in such a short space of time indicates that the general public is positive about the concept of digital financial mail.”

Participating organisations

There are currently nearly 200 organisations sending financial correspondence, such as invoices, pension statements, policy documents and payslips, via FiNBOX. This number is continuing to grow. A full list of affiliated organisations can be found at www.finbox.nl(opens in new window)

Everyone benefits

FiNBOX’s success lies in the significant added value it offers both organisations and customers. For customers, ease of use and a clear overview are key. Financial correspondence is received in one place, within the familiar online banking environment of the customer’s own bank. Payments can be made easily with just a few clicks, and all documents are retained for seven years. For organisations, FiNBOX means better customer service and significant efficiency gains in terms of time and money.

About FiNBOX

FiNBOX is an initiative of ABN AMRO, ING and Rabobank. Other banks have now also shown interest in adding FiNBOX to their online banking services. FiNBOX can receive not only bills but also payslips, pension statements and policy documents. As well as receiving financial correspondence, FiNBOX has a storage function and, of course, a payment function. To be able to receive documents in FiNBOX, customers must be registered with one of the participating companies. They can do this through their bank or directly with the company in question. Organisations wishing to send documents to FiNBOX can contact ‘billing service providers’ who organise the data transfer to the bank. At present, this is possible through Bluem, ING Invoice Services and PostNL, amongst others.

Dutch Banking
Association The Dutch Banking Association(opens in new window) was formed in 1989 from a number of different bodies and represents the common interests of Dutch banks. Virtually all banks operating in the Netherlands, including branches of foreign banks, are members of the Dutch Banking Association. The Dutch Banking Association also acts as a knowledge and information centre for its members and interested external parties. Banks work together to build trust. The Banking Code, which has been in force since 1 January 2010 and applies to all banks in the Netherlands, puts the customer first. Furthermore, diversity within the banking sector and the competitiveness of Dutch banks are key principles underpinning the Association’s policy.

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