Switching a business bank account in Norway

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Norway does not have one guaranteed switch service that moves every arrangement for you within a fixed window. As of 13 May 2026 you switch by opening the new business account, recreating AvtaleGiro and eFaktura agreements, redirecting salary and supplier payments, updating your account number with the Tax Administration and your customers, then closing the old account. Your organisation number does not change, so most of the work is updating where the old account number is stored.

How switching a business account works in Norway

There is no single national service that picks up your whole banking setup and recreates it at a new bank within a set number of days. Instead you run the move in stages and keep both accounts open during a short overlap so nothing is missed. The company keeps its organisation number throughout, so the task is mostly about changing the account number wherever it is used and recreating the payment agreements that live on the old account.

Before you move

List everything that touches the current account: incoming payments from customers, salary and supplier payments, card payments, AvtaleGiro direct debit agreements, eFaktura electronic invoice agreements, and any payment terminal or accounting software links. Note any notice period or closing fee on the old account, and confirm what onboarding help the new provider offers.

Opening the new account

Open the new business account with the usual documents, including the organisation number, proof of registration with the Brønnøysund Register Centre, and identification for owners and directors. Once it is live you have the new account number you need for every later step.

Moving payments and agreements

AvtaleGiro and eFaktura agreements are linked to the old account and do not transfer on their own. You generally recreate them on the new account and cancel the versions tied to the old one. Set up new salary and supplier payments from the new account, and give the new account number to customers who pay you by transfer. Move any links from your accounting system and payment terminal across as well.

Updating your account number with the Tax Administration

Register the new account number with the Norwegian Tax Administration so that any refund is paid to the right place. You can update the account number for tax refunds through the Tax Administration channels. Confirm the current method, since it can change.

Closing the old account

Keep the old account open until you have confirmed that no payments, direct debits, or invoices are still routing through it. Once it is quiet, settle any balance, observe any notice period, and ask the provider to close it. Keep records of the closure in case a late payment arrives.

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These providers serve business customers in Norway. Fees and eligibility shown as of 13 May 2026. Confirm current terms with the provider before applying.

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Questions about switching a business account in Norway

Is there a guaranteed switching service for business accounts in Norway?

Norway has no single statutory switch guarantee equivalent to the United Kingdom service that moves everything automatically within a set number of days. In practice you open the new account, move your payment arrangements, redirect incoming payments, then close the old account. Confirm what help the new provider offers as of 13 May 2026.

Will my organisation number change if I switch banks?

No. Your Norwegian organisation number identifies the company, not the bank, so it stays the same. Only the account number changes. Update the new account number anywhere it is stored, including with the Tax Administration.

What happens to AvtaleGiro and eFaktura agreements?

AvtaleGiro direct debit and eFaktura agreements are tied to the old account, so they do not move on their own. You generally set them up again on the new account and cancel the old ones. Confirm the current process with both providers.

Should I keep the old account open during the switch?

Many businesses keep the old account open for a short overlap so that incoming payments and standing arrangements can be moved without missed transactions, then close it once nothing is routing through it. Confirm any notice period or closing fee with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 13 May 2026. Confirm current terms with the provider before applying.