Treasury lets you place cash you don't need right now into regulated money market funds, so it earns a return on your money instead of sitting still. You can add money and take it out on any business day, and there is no fixed term.
Treasury is offered together with a partner. Because it is an investment product rather than part of your payment account, it needs its own short onboarding before you can use it.
Which plans include Treasury?
Treasury is available on the Pro and Max plans. Which funds you can choose from depends on your plan.
Plan | Funds you can invest in |
Pro | Euro funds |
Max | Euro funds, plus US dollar and pound sterling funds, which currently carry a higher yield |
š Not sure which plan you're on, or want to compare them? See our pricing page.
What you get
A daily return on the cash you place in Treasury.
No fixed term. You choose when to add money and when to take it out, on any business day.
No entry, exit or custody fees on Treasury itself.
Funds that are held separately from GoDutch's own finances.
One overview of your balance, your earnings to date and your current net yield.
The only cost of the product itself is the management fee of the fund you are invested in, and the yield shown in the app is already net of that fee. Moving money into Treasury is a normal transfer from your account, so our standard transaction cost applies to it, just as it would to any other payment you make.
Activating Treasury
Treasury has a separate onboarding, because Spiko has to verify your company before it can open your investment account. You only do this once. Anyone on your account with permission to initiate payments can complete it.
š See Adding users to your account for an overview of roles and permissions.
To start, go to Treasury in the menu and click Activate Treasury.
Step 1: Company information
Select your Country of incorporation.
Search for your company by name or KvK number, or choose Input manually to fill in the details yourself.
Check the legal name, legal form, KvK number and registered address.
Add the people who own or control the company: anyone with a stake of 25% or more, and at least one person with control over the company's finances. Then confirm who has primary responsibility for managing the business.
Step 2: Documents
Which documents you are asked for depends on your legal form. Common ones are:
A signed UBO declaration, confirming who ultimately owns or controls the company. You can get this from the KvK register.
Your official company registration document.
An ID scan of the person named in the application.
Documents that show where your funds come from, for example your most recent annual financial report, your last tax filing, or (for a VvE) the splitsingsakte.
š” Accepted formats are PDF, JPG, PNG, DOC and DOCX, up to 10MB per file.
Step 3: Terms
Select the FATCA/CRS status of your company.
Read the information summary and the Key Information Document (KID) and prospectus for the funds.
Tick both boxes to confirm you agree to the terms and have read the KID, then click Save & Continue.
After you submit, your application goes to Spiko for review. This usually takes up to 24 hours, and you get a notification as soon as the outcome is in. Until then the Treasury page shows that your request is being processed.
ā ļø To open your Treasury account, the company and identity details you already gave us, including your KYC data, are shared with Spiko. That is what allows Spiko to open the account in your company's name.
Treasury is currently available for companies incorporated in the Netherlands. If it is not yet available for your country of incorporation, the first step will tell you so. Contact our support team if you would like access.
Choosing your funds
You decide which fund or funds to invest in, and how much money goes into each. Each fund shows its own details before you invest: the ticker, current net yield, liquidity, currency, management fee and risk profile, plus a link to the full prospectus. Open the Portfolio tab to see the funds available to you and, once you have invested, how your money is spread across them.
Adding funds to Treasury
Go to Treasury and click Deposit.
Enter the Amount you want to transfer.
Check the From and To accounts. Money moves from your GoDutch account to your Treasury account.
Add a Payment reference if you want to recognise the transfer later.
Choose when it should happen. Select Today for a one-off transfer, or tick Make this transfer recurring to repeat it, for example on day 15 of every month, with an optional end date.
Click Next and confirm.
You can add money as often as you like, on any business day. A transfer into Treasury is a regular SEPA transfer from your account, so our standard transaction cost applies. You'll see it on screen before you confirm.
š” Orders are processed at the fund's daily cut-off. Orders placed before 12:00 CET are executed the same business day. Orders placed after 12:00 CET are executed the next business day.
How your return works
Your return builds up daily, but it does not arrive as a separate payment in your account. It is reflected in the value of the fund shares you hold, so your Treasury balance grows a little each day. You turn that return into cash by withdrawing, and you can do that on any business day without a surcharge.
On the Treasury page you see three figures at a glance:
Total Balance: what you currently hold in Treasury, including the return earned so far.
All-time earnings: what you have earned since you activated Treasury.
Net Yield: the current annualised yield, net of the fund's management fee. It is variable, so it moves with the market.
In Past Activity you'll see these daily increases appear as changes in the fund's value per share, rather than as incoming payments.
Withdrawing from Treasury
Go to Treasury and click Withdraw.
Select the fund you want to withdraw from under From Portfolio product.
Enter the Amount to withdraw and add a note if you want.
Click Next and confirm the order.
The money goes back to your GoDutch account. Payout usually takes up to one business day, and the expected payout moment is shown on the order itself while it is in progress. You can withdraw on any business day, there is no fixed term, and there is no withdrawal fee.
ā ļø Deposits and withdrawals can only run between accounts held in your own company's name. Transfers to or from a third party account are rejected.
Following your portfolio
The Treasury page has three tabs:
Past Activity: every transfer, withdrawal and return, with its status.
Scheduled: transfers you have planned, including recurring ones.
Portfolio: your holdings per fund, with the allocation, number of shares and net value.
Click any activity row to see the full order, with its ID, status, amount, fees and the option to add your own notes.
Need everything for your bookkeeping? Use Statements at the top of the Treasury page.
Who does what
This is worth knowing, because it explains why Treasury works a bit differently from the rest of your account.
GoDutch distributes these funds under Spiko's regulatory licence (ACPR investment firm no. 19183). We are not the fund manager and we are not your counterparty.
The funds are UCITS funds, supervised by the French financial markets authority (AMF), managed by Amundi (Smart Cash) or Twenty First Capital (T-Bills), with CACEIS as depositary and PwC as auditor.
Your money is invested in the fund and held independently of GoDutch's own finances.
Smart Cash funds earn their yield through fully collateralised total return swaps with a Tier 1 bank (BNP Paribas), which is also the counterparty. T-Bills funds invest in short term government treasury bills of core Eurozone countries.
Currency exchange is not part of Treasury.
ā ļø Treasury is an investment in money market funds. It is not a savings account and not a deposit, so it is not covered by the deposit guarantee scheme. Your capital is at risk, the value of your investment can go up or down, and returns are variable and never guaranteed. Past or displayed performance says nothing about future returns.
Need help?
Got questions? Feel free to reach out:
š§ Email: [email protected]
š¬ Chat: via the app
š Phone: 020 808 8020
We're happy to help.