News: Open an account in Sweden

Opening a bank account in Sweden

Which bank in Sweden to select in order to open account for non-resident?

Banking system of Sweden is reliable, attractive for business activity of non-residents. Lawyers of Law&Trust International clarify the process of account opening with a bank in Sweden, provide assistance for natural persons and business owners to register company.

We cooperate with such Swedish bank having reputation of reliable and safe partner as Skandinaviska Enskilda Banken AB (SEB).

Banking product includes the following:

1.Internet banking;

2.Deposits;

3.Credit facilities;

4.Financial transactions on the platform of Forex;

5.Investment consulting;

6.Payment transactions through such systems as VISA and MasterCard;

7.Trade finance.

The Bank confirms the confidentiality of the clients’ data by the existence of agreement with partner countries on avoidance of double taxation and compliance with AML legislation.

Access to bank account of non-resident in Sweden is ensured by:

• Fax with encoding device;
• SEBRA system (client-bank);
• SEB-VISION system (account monitoring via modem);
• SEB-TEL programme (total balance of the amounts of funds on the account in the form of facsimile statement).

We will help to open personal or corporate account in the bank of Sweden for savings and settlements.

Documents for opening bank account in Sweden for non-resident

In order to open bank account in Sweden, the applicant does not need to provide letter of recommendation from the servicing bank. However, the package of documents is required to be personally submitted.

The required documents for opening bank account in Sweden are the following:

• A copy of the passport;
• Description of activities (in details).

If necessary, the manager can require the statement with turnover from the current bank confirming substantiality of the client.

Law&Trust International provides consultations concerning tariff packages of the bank, services and interest rates. The law firm offers support for company registration, preparation of documents, and submission of application.

We will help open bank accounts in Sweden for non-residents at moderate cost within the shortest possible period of time.