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What is Stichting Derdengelden Sisow?

If you have made an online purchase and you see ‘Stichting Sisow’ on your bank statement, you can see from the reference where you have placed the order. The payments which Sisow processes for its clients arrive at Stichting Derdengelden Sisow and are also transferred by this organisation to the web shop owner. Sisow has a licence from the Dutch central bank (DNB, De Nederlandsche Bank) to process all payments for its customers (the web shops) as a payment institution. This structure has been set up to ensure that the funds are safeguarded at all times and it has been approved by the Dutch central bank (DNB, De Nederlandsche Bank).

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