Finances

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    Where do I go to open a bank account?

    Banks / ATM’s in Groningen

    ABN Amro

    There are several banks in Groningen to open a bank account and to use the ATM’s. Most frequently found in the city centre is the ABNO Amro Bank, located at the street Grote Markt 22 as well as in Emmaplein 6 and Stationsweg 1. In addition, the ABN Amro offers free of charge bank accounts to (international) students. For a complete list of ABN Amro Banks including their ATM’s in the city of Groningen, please check the link below. However, please notice that with an ABN Amro bank card you may only be allowed to withdraw money from other bank’s ATM’s once a day.

    Directions

    The SNS Bank is another banking establishment in Groningen and located in two streets, Oude Ebbingestraat 25 and Hanzeplein 1. For finding those, please click on the link below:
    directions

    ING Bank

    The ING Bank is a bank less frequently represented in Groningen and customers from other banks have reported troubles with withdrawing money from their ATM’s. Their two main branches in Groningen are located in the streets Hereplein 51 and Laan Corpus den Hoorn 102. For a list of locations in the city of Groningen and the surrounding areas, please check out this link

    directions

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    How do I use the Chipknip?

    HOW TO LOAD YOUR CHIPKNIP
    1. Place your atm card in the loadpoint
    2. Press ' yes' to load your card, or press '?' to check your saldo
    3. When you choose to load your chipknip, enter your pincode
    4. Pick the amount of money you want on your card (minimum is 5 euro)
    httpv://www.youtube.com/watch?v=Uc6Hhy_z0PY

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    What does living and studying in Groningen cost?

    Costs of living

    Living in a decent room with nice housemates, a kitchen and a bathroom, you can expect a minimum of 250€ per month, likely more than that.
    When it comes to groceries you can choose between a budget supermarket and high-class ones. For the budget one, you can expect the following costs for the everyday products:

    milk (1 l ): € 0,39
    coffee (250 gr): € 0,59
    bread: € 0,79
    rice (400 gr): € 0,35
    fresh vegetables (mix, 400 gr): € 1,69

    The upper-class supermarkets will charge you more, but then again they offer premium groceries:

    milk (1 l): € 0,47
    coffee(250 gr): € 1,39
    bread: € 1,10
    rice (400 gr): € 0,64
    fresh vegetables (mix, 400 gr): € 2,39

    In general, you could expect to pay roughly 600,-€ per month on your accommodation, the groceries you purchase and the costs for transportation. In addition to spending money for the university (such as books, copies or writing material), it is of course the student life at night, which costs money.

    With a more or less moderate living style, a student can survive in Groningen on about 600, -€ per month!


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