Skandinaviska Enskilda Banken AB (SEB)

General information

Name

Skandinaviska Enskilda Banken AB (SEB)

Country

Sweden

Official web-site

www.sebgroup.com

Bank history

It was formed in January 1972 by the merger of Skandinaviska Banken (founded in 1864) and Stockholms Enskilda Bank (founded in 1856). In 2000, in order to strengthen its presence in Northern Europe, SEB acquired the German bank BfG (currently - SEB AG) and three Baltic Banks in 1999-2000: Eesti Ühispank (Estonia), Latvijas Unibanka (Latvia) and Vilniaus Bankas (Lithuania). In 2004, SEB acquired Codan Pension (now SEB Pension) in Denmark and Bank Agio in Ukraine. In 2007, it acquired Factorial Bank in Ukraine and KAM Group Limited (London). In 2011, German and Ukrainian commercial activities were sold. In 2011, it united with Gyllenberg Private Bank Ltd. In 2012, it merged with Skandinaviska Enskilda Banken AS and SEB Privatbanken ASA

World rating

80

Country Rating

3

Founding date

1972

Account Opening Terms

Recommendations

Not required

Description of activity

Detailed

Account type

Settlement and Savings

Accounts types

Savings; Settlement

Required documents

Copy of international passport

Transaction speed

Value date is on the third day (regular transfer), and on the next day (urgent transfer).

Minimum balance

6000

Limit of transfers (per month)

No Information

Initial founding fee

0

Account opening nuances

No special

Account opening, possibility

Calculated and perceived

Cost and nuances of account maintenance

Translation cost

Average fee on incoming payments - $ 7.3, outgoing - from $ 36 to $ 60 (in case of payment with value date on the next day), regular payment - $ 8.5 (value date is on the third day), account maintenance - $ 243 per year. Statements by mail are free, extract by fax - $ 6.

Enrollment fees

No information

Account maintenance cost

243 $ per year