You can open a business account in Norway with a registered Norwegian company and a Norwegian business address. Residents typically open through major banks such as DNB, Nordea, and SpareBank 1, while companies that trade internationally also use providers such as Wise Business and Revolut Business. Non residents face stricter checks and often an in person meeting.
- Can a non resident open
- Possible but limited. Many banks ask for a D number and a physical meeting, and DNB has stopped opening accounts for non residents. Verify with the provider.
- Typical timeline
- Roughly one to four weeks once your documents and identity checks are complete. Verify with the provider.
- Free account available
- Some providers charge no monthly fee, and DNB charges no fee to become a corporate customer. Service and payment fees still apply. Verify with the provider.
- Most providers
- Several business accounts
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
How business banking works in Norway
Business banking in Norway is handled mainly by established banks such as DNB, Nordea, SpareBank 1, and Handelsbanken, alongside international providers that focus on cross border payments. Norway is part of the European Economic Area, so several pan European providers serve Norwegian companies. Banks apply strict know your customer and anti money laundering checks, so expect to document who owns and controls the business.
Who can open a business account
A company registered in Norway with a Norwegian organisation number can apply, and the people who own or control it must pass identity checks. Many banks expect at least one signatory to hold a Norwegian electronic identity such as BankID. Non residents may need a D number, and some banks limit or decline non resident applications, so confirm the position before you apply.
Traditional banks compared with neobanks
Traditional Norwegian banks offer branch access, Norwegian krone services, lending, and full local coverage. International providers such as Wise Business and Revolut Business focus on holding and converting multiple currencies and on lower cost cross border payments, but they are not a full replacement for a local bank for every need. Which fits depends on how much of your activity is domestic versus international.
Requirements and documents
Requirements vary by bank, but most ask for the following. Verify with the provider
- Proof that the company is registered in Norway, including its organisation number and registration details.
- Identification for the owners and signatories, often with a Norwegian electronic identity such as BankID, and a D number for non residents where required.
- Information on the nature of the business, its expected activity, and its beneficial owners, to satisfy know your customer and anti money laundering checks.
How to open an account
- Register your company and obtain a Norwegian organisation number, then prepare your incorporation and ownership documents.
- Choose a provider and check its eligibility and fees, then start the application online or book a meeting where the bank requires one.
- Complete identity and beneficial owner checks, transfer any required share capital, and activate the account once the bank confirms approval.
Compare business accounts available in Norway
These providers accept business customers in Norway. Fees and eligibility shown as of 5 June 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business banking in Norway
Can a non resident open a business account in Norway?
Which banks offer business accounts in Norway?
Do I need a Norwegian organisation number to open a business account?
How long does it take to open a business account in Norway?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 5 June 2026. Confirm current terms with the provider before applying.