VPS Account and Investor Services

To buy and own securities you must have a VPS account (Norwegian Central Securities Depository account).

Woman looking at the annual assignment from VPS

We open VPS accounts automatically for new customers*
Good overview of your securities

*It’s free to become an equity trading customer in DNB

Account types

VPS account and trading account

There is a lot of confusion about the different types of accounts and the abbreviations used in equity trading. In simple terms, everyone who buys and sells securities must have two types of account:

A trading account (for money)
A VPS account (for securities)

When you become a DNB customer, you automatically get a trading account connected to Euronext Securities (previously Verdipapirsentralen) and we will be formally assigned as your account manager. Read more about VPS accounts here.

Share savings account

If you are trading as a retail customer, you may prefer to trade equity-based products with a share savings account. However, you must be aware that you cannot buy unlisted shares (NOTC), shares on Euronext Growth or shares outside the EU with a share savings account. To do this you must use a normal trading account and a VPS account. Read about share savings accounts here.

LEI number (for businesses)

Businesses and professional investors who want to trade securities must have an LEI number. LEI (Legal Entity Identifier) is a type of international organisation number. Find LEI agents and read more here!

VPS Annual Fee - Where can I find my invoice?

With a total balance over NOK 250,000 in your VPS account as of 31.12, an annual fee will be invoiced in March:

ASK customers: The invoice will come in the online bank or by mail as we cannot charge the share savings account.

Customers with a debit account in DNB: The invoice will be automatically charged upon due date, provided there are sufficient funds. A copy of the invoice will be in the mailbox in the online bank.

Customers with a debit account in another bank: The amount will be deducted upon due date, and the invoice will be sent by mail.

Customers without an associated debit account: You will receive the invoice by mail and must enter it for payment yourself.

For questions, call Tel +47 915 04800, say "VPS account" or email ki.markets@dnb.no

Investor account services – helps you keep track

As a retail customer you get a VPS account when you register as an equity trading customer. Investor account services can be found in the online bank under “Savings and investments” in the menu. Under Investor account services you’ll find:

overview of holdings and transactions
dividend payments
return and value
securities information
subscriptions to share issues (non-professionals)
registrations for AGMs
Year-end statement
amendment notifications.

Do you want to transfer securities between your own accounts? Or would you like to take part in an ongoing share issue? Log in and go to Investor account services.

NOTE! Corporate customers must order access for each individual user. Private individuals who are not DNB customers must become customers in order to use our services. See below.

We show you:

We have recorded five short demo videos where we show click-by-click where you will find Investor Services, how you log in and how you perform different services. (The videos are in Norwegian, with English subtitles).

Get a quick review

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Investor Services - Retail customer

As a private customer of DNB, you already have access to Investor Services in the menu logged in to the online bank. If you are not already an online banking customer, order access below. We are afraid that our webform only exists in Norwegian.

Order private access

Investor account services - Corporate customer

Corporate customers must order access for each individual user regardless of whether they have online banking or not. Access will be available under the «Other Services» menu option in our online bank, or you could use our Norwegian PDF-form:

Order corporate access (PDF, Norwegian)

Forms and agreements

Manual agreement for opening a VPS account - Retail customer

If you want to manually open a VPS account as a non-professional, you will need to fill in the two forms below. One of them is to order a VPS account, the other is a self-declaration form on which you need to state whether or not you are a politically exposed person.

Print, sign and return both forms to Investor Services in DNB Markets.

All fields must be completed before submitting.

A certified copy of the account holder’s passport must be enclosed with the agreement.

Send to:

DNB Bank ASA, Registrars Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway

VPS account opening form (PDF)

Self-declaration form PEP (PDF)

Signature card for VPS account - Corporate and retail

You will find the retail and corporate signature form for accessing VPS account here (PDF, Norwegian)

• Corporate: The signature card must be confirmed by the persons who sign for the company according to the certificate of registration.

• Retail: The signature card must be confirmed with the account holder’s signature (for children under 18, both parents/guardians must sign).

Certified copy of passport must be enclosed. It is the account holder’s responsibility to notify the bank when a person no longer has management authority of a VPS account.

Investor Services agreement - Corporate customer

You will find the investor services agreement (PDF, Norwegian) here

• DNB Bank ASA assumes that, as a customer, you have established internal procedures to ensure that only the persons that the company has authorised as users can have access to Investor Services. As a customer, you are responsible for reporting changes to the user arrangements to DNB in writing.

• This document must include a binding signature in accordance with the certificate of registration.

• If a customer does not already have a user ID, this will be created and sent out. The log in method will be BankID.

• The specified user needs to have had their proof of identify verified in DNB.

Send completed forms to: DNB Bank ASA, Registrars Department, P.O. Box 1600 Sentrum, 0021 Oslo, Norway

Transfer authorisation - Corporate and retail

Transfer authorisation for both corporate and retail customers can be found here (PDF, Norwegian)

If you would like to transfer securities from one VPS account to another, you must fill out and send in the transfer authorisation form.

If the securities are being sent from a VPS account held at another bank/broker, the transfer authorisation must be sent directly to the bank/broker.

GDPR:

Pursuant to this agreement, DNB Markets will receive, obtain and process personal data in accordance with DNB’s Group-wide personal privacy statement.

All securities you trade are placed in your VPS account and registered with Euronext Securities Oslo (VPS).

What you should know about VPS accounts

A securities account, also known as a VPS account, stores your shares. When you buy shares on the Oslo Stock Exchange, these shares are registered with the Euronext Securities Oslo (VPS).

For example, if you have invested in a startup, this limited company can decide whether they want to be registered in Euronext Securities Oslo or not. If the company is registered there, or plans to be, you must have a VPS account. If you have a VPS account in DNB, we are your account manager. The account is thus provided by Euronext Securities Oslo but managed by us. As a DNB customer you only need to liaise with us.

With a Euronext Securities Oslo-connected account, you can also trade unlisted shares, and shares on approved exchanges outside of the EU. All securities you trade are placed in your VPS account and registered with Euronext Securities Oslo (VPS). If you make a trade, you will receive an amendment notification from Euronext Securities Oslo which shows what your new portfolio looks like. Euronext Securities Oslo also keeps track of dividends etc.

Order access and VPS account

VPS accounts and Investor account services FAQ

How do I open a Security Deposit account in Norway?

You automatically get a Norwegian Security Deposit account (a VPS account) if you order equity trading from us.

You can also create a VPS account once logged in to the online bank; select ‘Banking and loans’ in the main menu and then ‘Open new account’ and choose “Security Deposit account”.

If you already have a Security deposit account, and would like to access this in our online bank, see the answer to the question “How can I access my VPS account online?”.

How can I access my VPS account online?

Retail - Online banking customer in DNB:

As an online customer in DNB, you will have access to your VPS accounts in the online bank. Under the menu option «Savings and Investments», select Investor account services. When logging in for the first time, you must confirm a user agreement with the Norwegian Securities Depository – Euronext VPS. Once confirmed, you are given access.

Not an online retail customer:

If you are not an online banking customer in DNB, we need to order access to you first. Logging in via BankID or BankID via mobile from your bank. When logging in for the first time, you must confirm a user agreement with the Norwegian Securities Depository – Euronext VPS. Once confirmed, you have been given access.

Corporate:

New customers who order equity trading online will automatically have access to Investor account services. Log into the online bank with your TB ID, select "Other services" and press on "Investor account services". You then activate the service. If you don’t find such a button in your online bank, you’ll need to order access by using the form below (form is in Norwegian):

Order Investor Services for business (NO, PDF)

Send a completed and signed form to the email address: vpk@dnb.no

Access will be created on the existing user ID or we create a new user ID. Logging in via BankID is done by your bank.

How do I change the address on my VPS account?

Where will I find the annual statement for my VPS account account?

How can I transfer shares from my VPS account?

Annual statements are available electronically when you are logged in to DNB’s online bank.

First log in, then find ‘Investor Services’ as a separate option in the ‘Saving and Investments’ menu. In the Investor account services section, you must then check your mailbox for notifications.

Alternatively, you can log in to the Euronext Securities Oslo (VPS) using BankID

Can I give other people access to see my VPS account?

I have VPS accounts with different Norwegian banks, how can I get access to all?

I need an extra Security Deposit account, what should I do?

How much does it cost to have a Security Deposit (VPS) account?

How can I transfer shares from my VPS account?

As a retail customer, you can make transfers between your VPS accounts via Investor account services. Please note that this does not apply to gift transfers or inheritances.

If you want to transfer your holdings from a VPS account in another bank to a VPS account in DNB, you can fill out and sign a transfer authorisation (form located under terms and conditions).

Companies must submit a written notification.

How long does it take to get access to my VPS account?

Can I get annual statements and amend notifications electronically?

How long does it take to get access to my VPS account?

Yes, you can select this option when you log in to the online bank and select Investor Services.

Click on your name in the top right-hand corner of the screen, then select ‘Investor Services’ and/or ‘Accounts and rights’, then click the ‘Change’ button. Make the required changes and click ‘Save’.

Please note that Investor account services has its own inbox in the top right corner of the screen next to your name.

How do I know who my account managers are?

Transfer of shares

How to transfer shares from a regular VPS account with another provider to DNB?

How to transfer shares from a regular VPS account to DNB?

First, check if your shares are registered on an ASK (share savings Account) or on a regular VPS- account. This answer pertains to shares purchased on a regular VPS account:

It is the bank/brokerage firm where you currently hold the shares that must transfer your shares to DNB.

For example, if you have shares in a VPS-account with Nordea, Nordea is your account manager. You need to contact the account manager where the shares are held to initiate the transfer.

You can use a transfer authorisation form available on our website. The signed authorisation is then sent to the bank/brokerage firm from which you are transferring the shares.

Remember to ask your account manager for the correct postal or email address for submitting the authorisation.

Transfer authorisation forms for both retail and corporate customers can be found here.

Prices, terms and agreements

See the full price list, terms and conditions and agreements by clicking below.

VPS account price list Terms and Conditions