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Banking in Norway

Norway

Banking in Norway

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Banking in Norway

Banking is fairly simple in Norway. There are two main types of bank; savings banks and commercial banks, which provide similar facilities. Many offer internet banking services, and there are several online banks available which have no branches. Opening hours are generally 8 am to 3:30 pm, Monday to Friday. To open a bank account for your business or an account into which your salary will be transferred, you will be required to provide your Norwegian identity number. You may also be asked to show your passport and evidence of employment. Many major credit cards are accepted in Norway in hotels, restaurants and other major establishments, but a lot of retailers generally only accept Norwegian-issued cards, so bear this in mind.

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