How to become a new bank customer

What we need from you:

Your passport or Swedish identitycard, when you visit the office (at the office we can make our controls and make you a copy).
A copy of your Work permit, Residence permit or Certificate of studies.
Proof of your address, for example lease / rental contract (copy), electricity bill etc.
Proof of your income:
• Employment contract
• Scholarship from the university
A three-month bank statement for the account where your salary is deposit.
An annual statement (all accounts).

If you want to transfer money from another country to Länsförsäkringar, you need to provide documentation in Swedish or English about the origin of the money.

We may require some additional documentation.

If the document is in any other language than Swedish or English you need to use an authorized translator to translate it, one company in Sweden that translate is www.Lexly.se

If any of the above is missing, we will return your application and you will need to send the complete application to us again and we will start the process from the beginning.

What you will receive from us if you become a customer is:

A private account with a Mastercard debit-card, annual fee 275 SEK.
You will be able to check your account, pay your bills and transfer money to other Swedish accounts through internet banking.
If you want to transfer money to another country, you will need to visit our office, the fee depends on which country you want to transfer to. At www. Lansforsakringar.se you can find a list of the countries it is possible to transfer money to.

When you visit the office, you will always need to bring your passport.

When you have both a Swedish identity number and identification card you will need to bring them together with your passport to the office. Once you visit us you will be able to get a full BankID and Swish.

If you move away from Sweden, you need to close the account. Contact us if this happens and we will tell you how to close the account.

A few clarifications about Customer due diligence

When you fill out the Customer due diligence it is important that you check which country you have your tax residency in (if you have a salary from a Swedish company or university it probably is Sweden).

If you intend on transferring money from another country to your Swedish account you can check “Landlistan” to see which countries you can receive money from.

Insättningsgaranti (government's deposit guarantee)

The account is covered by the government's deposit guarantee as decided by Riksgälden (the National Debt Office). Each customer is entitled to compensation for their total account balance in the bank with an amount corresponding to a maximum of 1.050.000 SEK. Riksgälden pays out the compensation within 7 working days from the day the bank was declared bankrupt or Finansinspektionen (the Financial Supervisory Authority) decided that the guarantee should take effect.

In addition to the amount of 1.050.000 SEK, depositors can receive compensation for certain specified events, e.g. sale of private residence, severance pay, insurance compensation with a maximum of 5.000.000 SEK.

Application

Name

Date of birth/ Swedish samordningsnummer/ Swedish personal number

Do you have a Swedish ID card/ Swedish passport/ Swedish drivers license? Yes No

Do you have a Mobile BankID? Yes No

Address

Zip code

City

Phone number

E-mail

Monthly income

Occupation

Customer due diligence

Where will the money that will be coming into Länsförsäkringar come from?

Are you a customer in any other bank? If so, in which country?

Will you depositing money from another bank into your account in Länsförsäkringar Bank: No Yes, from a Swedish bank Yes, from a foreign bank within EU/EES Yes, from a foreign bank outside of EU/EES

In which country/countries are you a citizen?

Do you have your tax residency in Sweden? No Yes

Do you have your tax residency in USA? No Yes

If yes, please state your Taxpayer Identification Number

Do you have your tax residency in any other country than Sweden/USA? No Yes

If yes, in which country?

Please state your Taxpayer Identification Number

If you have your tax residency in another country (other than Sweden), please state your relationship to those specific country/countries:

Are you a person that is politically exposed (PEP) or a family member or a close associate of a PEP? If Yes, give more information about the position that makes you a PEP/the person that you know that is a PEP? No Yes, below I will describe more: