Nordax Bank AB publ
This bank is based in: Sweden (AAA)
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About the Bank
Nordax Bank is a brand within NOBA Bank Group AB (publ) and was founded in Stockholm 2003. NOBA Bank Group is a Nordic specialist bank that offers deposit and lending services to private individuals and have customers in Sweden, Norway, Finland, Denmark, Spain, Germany, Ireland, and the Netherlands. They are under the supervision of the Swedish Financial Supervisory Authority, are connected to the Swedish governmental deposit guarantee and is a complement to the major banks.
More information about this bank
2003
Stockholm
677
Retail Banking, Consumer Loans, Mortgages, Bank Deposits
Sweden, Norway
* This information is provided by FMH-Finanzberatung e.K. FMH-Finanzberatung specialises in information on interest rates and financial products and has been collecting and processing financial data in Germany since 1986.. As of 29/10/2025.
Deposit Guarantee Scheme
In accordance with EU Directive 2014/49/EU, deposits with this Bank, inclusive of accrued interest not yet credited, are guaranteed by the Swedish statutory deposit guarantee scheme up to (the equivalent in euros of) SEK 1,050,000 per account holder, per bank. This amount also includes possible deposits and/or savings accounts ordered outside Raisin Bank. This protection covers the deposits of all natural persons, not only Swedish citizens. In the event of an intervention by the Swedish DGS, the payment shall be made in Euros to your Raisin Account, within 7 business days from the time the DGS comes into effect. In this case, the exchange rate applied will be the one valid at the time of the bank’s administrative settlement process and is thus subject to currency fluctuations. The administrator and executor of the deposit guarantee scheme is Riksgälden. For more information please visit https://www.riksgalden.se/en/)
Tax process and documentation
Swedish banks do not deduct tax on savings for Irish customers. This means your interest is paid in full (gross). For more details, please see the product information sheet.
Raisin's role
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