Avanza Bank AB

Business Focus

direct retail banking

Avanza Bank AB is a digital bank that operates in Sweden and serves primarily private customers. Avanza Bank AB offers deposits, loans and securities trading.

Services

retail banking
securities brokerage

Clients

natural persons
companies

Area Served

SESweden

Products

current accounts
children savings accounts
savings accounts
pension savings
consumer loans
mortgage loans

International Transfers

SWIFT Transfers
SEPA Credit Transfers
SEPA Instant Transfers
SEPA Direct Debits

See Also

Account Opening

Becoming a client of Avanza Bank AB can be done in a few steps:

1.
Completely online
2.
Account is ready within a few minutes

Due to regulatory requirements Avanza Bank AB performs KYC/AML checks when establishing business relationships with a new client. While onboarding a private individual Avanza Bank AB will ask him/her to provide the following documents: passport; proof of address. For corporate clients Avanza Bank AB will ask to provide corporate documentation as well as information about controlling persons. Avanza Bank AB may request additional documentation or information depending on the case. Account opening procedure is usually completed within a few minutes.

Ways to Bank

Avanza Bank AB delivers its products and services via direct (online) channels only, namely:
online banking
mobile app

Common Shares

Listed Entity
Avanza Bank Holding AB
ISIN
SE0012454072
Stock Exchange
Nasdaq StockholmNasdaq Stockholm (XSTO)
Ticker
AZA

See Also

Financials

Total Assets of Avanza Bank AB
Total Assets (2019)
39,298.00 mln SEK  (+10.93%)
Number of Employees (2019)
340  (+5.59%)

Avanza Bank AB is the 17th largest bank in Sweden in terms of total assets. In 2019 its total assets were 39 298,00 mln SEK. Avanza Bank AB had 340 employees in 2019.

Deposit Guarantee

Guarantee Fund
Swedish National Debt Office (SNDO)Swedish National Debt Office (SNDO)
Protected Amount
up to 950,000 SEK
Eligible Depositors
private individuals
legal entities
Covered Accounts
deposits in all types of accounts

Avanza Bank AB participates in the deposit guarantee scheme of Sweden. This deposit guarantee scheme applies to deposits in all types of accounts made by private individuals, legal entities and covers up to up to 950,000 SEK per bank per depositor. Avanza Bank AB is a member of Swedish National Debt Office (SNDO) and makes its contributions into it.

Contacts

Regeringsgatan 103, 111 39, Stockholm, Sweden
Box 1399
08-562 250 00

Avanza Bank AB is headquartered in Stockholm.

Bank Identifiers

BIC (SWIFT)
AVANSES1XXX
LEI
5493009VJC01E4H6HH77
Company Number
556573-5668
MFI ID
SE5565735668

Bank Supervision

Supervised By
Financial Supervisory Authority

Avanza Bank AB is authorized and supervised by the Financial Supervisory Authority.

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