FOREX BANK NORGE (Norway)

Address

Storgata 10A, 0155, OSLO, Norway

BIC

n/a

Overview

Business Focus

foreign exchange services

Tracing its roots back to 1927, FOREX Bank started operating as a bank in 2003, and is currently a foreign exchange bureau in the Nordic region. In addition to foreign exchange, FOREX Bank provides selected retail banking products and services (savings accounts, payment cards, customer loans and money transfers). In 2021 FOREX Bank transferred its loans and deposits portfolio to ICA Banken, surrendered its banking licence, and was rebranded as FOREX.

Deposit Protection

Deposits up to 950,000 SEK are covered by Swedish deposit guarantee scheme in FOREX BANK NORGE.

Services

currency exchange

retail banking

Products

current accounts

debit cards

credit cards

savings accounts

time deposit accounts

pension savings accounts

consumer loans

Ways to Bank

FOREX BANK NORGE delivered its products and services through both direct and indirect channels, namely:

branch

online banking

Deposit Guarantee

Guarantee Fund

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

FOREX BANK NORGE participates in the deposit guarantee scheme of Sweden which 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. FOREX BANK NORGE is a member of Swedish National Debt Office (SNDO) and makes its contributions into it.