Opening a bank account

Access to a Norwegian bank account will enable you to receive salary payments and handle your finances in a safe and efficient way.

Opening a bank account should be one of your top priorities upon arrival in Norway, especially if your stay exceeds six months.

How to open a bank account: timeline 2-6 weeks

In Norway, anyone can open a deposit account and use the bank’s payment system. Wage earners must usually open a salary account/current account into which their salary is paid. There are also other types of accounts, e.g. various types of savings accounts or investment accounts with varying interest rates depending on the amount deposited contact your bank of choice for more information.

To open a bank account in Norway you need a national identity number (permanent or temporary). Note that the case processing time for national identity numbers is about two weeks, provided you have completed the EU/EEA registration or visa/residence permit process. Call you can of choice and to book an apointment then bring the following documents to the branch of the bank you wish to open an account:

  • National ID-number or D-number
  • Passport
  • Passport photo
  • Employment contract

Choosing a bank

Currently, only DnB, Nordea and Danske Bank have English websites.

Bank services

  • Online banking

Online banking is the easiest way to transfer money and pay bills and is therefore recommended. For services within Norway no fees are charged.

  • Debit card

Banks offer either an ordinary magnetic-stripe bank account debit card that can be used at any Cashpoint (ATM) or Point of Sale terminal in the country, or you will be offered an international debit card, such as Visa.

Any debit card also serves as an identity card in Norway, as it has your photograph, National ID-number and signature printed on it.

  • Credit card

Most banks also offer a credit card, such as MasterCard.

  • Transferring money abroad

Transferring money abroad Online banking is the easiest way to transfer money to a foreign bank account. However, you may also use money transfer companies or banks.

Prices vary. The Norwegian Consumer Council financial services portal offers the online service finansportalen that helps you find the best way to send money from Norway to other countries.

  • Check

Checks are no longer in common use in Norway. The closest bank to cash a check is the Post Office at Majorstuen (posten.no) (Norwegian).