Preparing to become a customer

In many cases, you will need to verify your identity. The identification required depends on whether you have a Swedish personal identity number or not.

Do you have a Swedish personal identity number?

You will normally identify yourself using a valid Swedish form of identification. Accepted forms include a passport, Swedish driving licence, Swedish Tax Agency ID card, or a national identity card.

Do you not have a Swedish personal identity number?

You can identify yourself using a valid foreign passport or a national ID card. In some cases, we may also accept other forms of identification.

Are you a citizen of a country outside the EU/EEA?

In addition to valid identification, you will also need to provide proof of your residence permit.

We are legally required to have a good understanding of our customers. When you wish to become a customer, we therefore need to ask questions so that we can understand you and how you intend to use the bank’s products and services.

Examples of questions we must ask

• The purpose of the banking relationship: why you need a bank account and what services you intend to use.
• Source of funds: how much money you expect to deposit into your accounts and where the funds originate from.
• International transactions: whether you expect to make payments to or receive payments from other countries and, if so, which countries.
• Tax residency: the country or countries in which you are liable to pay tax.

In some cases, you may need to supplement your application with additional certificates or documentation. Examples include:

• Account statements, balance statements, or sale agreements that support information about the origin of your funds.
• An employment certificate if the purpose of opening a bank account is to work in Sweden.
• A letter of admission from an educational institution if the purpose of opening a bank account is to study in Sweden.