The procedure to open a bank account in Norway in 2026 is available for natural persons and companies, and our specialists can guide you through the procedure.
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Can I open a bank account in Norway if I am a foreigner?
Yes, you can set up a bank account in Norway as a natural person or through your company.
What types of bank accounts are available for opening in Norway?
There are several types of bank accounts available for natural persons and companies in Norway. These are:
- Basic current account:
– standard account for everyday transactions,
– often comes with no fees.
- Savings account:
– offers interest on deposited amounts,
– ideal for long-term savings.
- Salary account:
– specifically for salary deposits,
– might offer special benefits.
- Joint account:
– account shared between two individuals (e.g., spouses or partners).
- Business/corporate account:
– designed for business transactions,
– includes features like invoicing.
What are the documents required to open a corporate bank account in Norway?
Before approving a bank account for a foreign-owned company, Norwegian banks need various documents. Among them are:
- a certificate of company registration attests to the business’ incorporation or branch registration in Norway;
- the Norwegian Business Number, issued by the Companies Register, which is required for all tax and financial transactions;
- for foreigners serving as directors or authorized signatories, a D-number or national ID is required;
- in Norway, a rental agreement or registered office address serves as proof of business address;
- identification documents for directors and authorized representatives must have valid passports or national identification cards;
- business plan and financial records are also documents proving projected turnover and operational viability that may be requested by banks.
- confirmation of share capital deposit as proof of initial capital contribution is required for certain accounts.
How do I open a bank account in Norway as an individual?
The procedure is quite simple, and it implies:
- choosing a bank;
- preparing the documents in accordance with the respective bank’s requirements;
- submitting the documents for approval and activating the account once it is opened.
Can I also open a bank account in Norway as a non-resident?
Yes, there are banks that enable non-residents to open Norwegian bank accounts.
What are the requirements to open a bank account in Norway as a non-resident?
Non-residents must comply with several specific procedures if they want to set up Norwegian bankaccounts. Among these, they must first obtain National Identity Numbers if they intend to stay in the country for a period exceeding 6 months, or a D-number for those who plan on staying here for less than 6 months.
If you want to open a bank account in Norway, our local consultants are at your service. We also invite you to watch our video:
Are there specific aspects I need to consider if I am a foreigner?
Yes, make sure that the documents you submit are not too old. This is often the case with proof of address, for which you can use a utility bill. Make sure the bill is not older than 3 months.
Is it possible to open a bank account in Norway online?
Yes, with certain banks.
Do Norwegian banks require a minimum deposit?
It depends on the chosen bank and your preferences. There are banks that do not require a minimum amount to be deposited, so this is also an option.
How long does it take to open a bank account in Norway in 2026?
For natural persons, the procedure can be completed immediately if they have national ID numbers. For those who do not, the procedure may take up to one month.
In the case of corporate accounts, it takes about 2 months for the opening.
Can I open a bank account with a foreign bank in Norway?
Definitely, there are several international banks that have branches in Norway.
Are multi-currency bank accounts available for opening in Norway?
Yes, you can also open USD, EUR, and GBP; however, you must first check with the bank if they offer such a service.
What banks can I work with in Norway?
There are various banks and with which local and foreign companies can cooperate in order to open accounts, all licensed by the National Bank of Norway. Business owners can choose between local and foreign financial institutions operating through branches here.
One of our specialists in company registration in Norway can offer you assistance when opening a bank account in this country and completing company registration guidance. Don’t hesitate to contact our team for speeding up the process of bank account opening in Norway in 2026.