The Switching Service is a joint initiative of Dutch banks and is coordinated by the Dutch Payments Association. Through this free service, incoming payments and direct debits<\/u><\/strong><\/a> for the old payments account are automatically forwarded to the new payments account of the person switching for 13 months. In addition, Dutch payers and collectors are automatically informed of the new IBAN<\/u><\/strong><\/a> of the person switching payments accounts when a payment or direct debit is made to the old payments account.<\/p>\n\n\n\n Please note:<\/strong> A payer or collector may ignore the information from the Switch Service about the new IBAN of a person switching payments accounts, such as the Tax and Customs Administration. In that case, the person switching payments accounts must provide their new IBAN to that payer or collector themselves.<\/p>\n\n\n\n