Can you save monthly at Nordiska?
Yes, you can save monthly at Nordiska. With most banks, you can set up a standing payment transfer to your account held at Nordiska with the deposit information you have with Nordiska. You can find this deposit information when you log in to My Pages.
Is there an upper limit on Nordiska's savings accounts?
There is no upper limit for how much you can save on your account with Nordiska. However, the ceiling for the Swedish National Debt Office’s Deposit Guarantee Scheme is SEK 1,050,000, so deposits above that amount are generally not covered by the Deposit Insurance.
What is a Deposit Insurance?
Your savings at Nordiska is covered by the Swedish National Debt Office Deposit Insurance. This means that the state guarantees your deposits up to a sum of SEK 1,050,000 if something should happen to your bank or savings bank. All savings accounts with Nordiska have been approved by the National Debt Office and have obtained the Deposit Insurance.
The Deposit Insurance has existed in Sweden since 1996 and aims to strengthen the protection of the public's deposits and contribute to stability in the financial system.
YYou can read more about the Deposit Insurance here.
Which deposits are covered by the Deposit Insurance?
Deposits by private customers and companies are as a main rule covered by the Deposit Insurance.
Which deposits does the Deposit Insurance not cover?
Certain financial institutions, public and local authorities are not eligible for compensation.
What happens when the term for a fixed interest account (Fix) expires?
When the term of a Nordiska Fix account expires, interest on the account is capitalized and the amount including interest (minus tax) is automatically transferred to your Nordiska Flex account. The Nordiska Flex account is opened automatically in connection with you opening a Nordiska Fix account.
Is it possible to have two account holders in a savings account with Nordiska?
No. It is only possible to have one account holder per account in Nordiska.
Is it possible to open a savings account for children at Nordiska?
No, you can only open a savings account if you are over the age of 18.
Is it possible for a legal entity, such as a tenant-owner association or a company, to open a savings account with Nordiska?
Yes. Unfortunately, legal entities are currently unable to open accounts through our website, but please contact our Customer Service Team for assistance and more information. You can reach us here.
How is the interest rate calculated?
The interest rate on your balance is calculated after the actual number of days and is based on a year of 365 days. Earned interest is deposited in your account at the end of the year or when the account is closed.
How do I deposit money?
Deposits are made to Nordiska Bankgiro 828-5975. The OCR number is the same as your account number, you will find your account number when you log in to My Pages. Payment can only be made from a Swedish account in your own name. You can also transfer between your different accounts in Nordiska, you can do this via the online services webpage.
When will the deposit arrive in my account?
You can normally see the deposit in your account in Nordiska 1-3 banking days after you have made the transfer via Bankgiro.
Can I deposit several times in a Fix account?
You can only deposit money on one day to each Nordiska Fix account you open. If you want to make several deposits, we recommend that you first deposit money into your Nordiska Flex account and then transfer the entire amount to your Nordiska Fix account in one transfer.
Can I quit a Fix account in advance?
You have the right of withdrawal of the agreement within 14 days of opening of the account. If you wish to exercise such right, please contact our Customer Service Team. After such period, it is not possible to cancel a Nordiska Fix account until the fixed term has expired.
How long does it take until I see the money in my withdrawal account when I have made a withdrawal?
Normally, the money arrives in your withdrawal account the next banking day.
How do I enter my withdrawal account?
You do this in connection with becoming a Nordiska customer so that it is pre-deposited when you want to make a withdrawal. Most banks use a 4-digit clearing number followed by an account number. Exceptions apply to Swedbank accounts where the clearing number starts with the number 8.
If you have an account at Swedbank where the clearing number starts with the number 8 that has 8 or 9 account numbers, you need add one or two zeros at the beginning of the account number, so that there are a total of 15 digits (including clearing numbers). Example: CCCCC 0XXXXXXXXX C = Clearing number, X = Account number