Barnas Sparekonto (Children’s savings account)

As the parent or guardian of the child, you open the Children's Savings Account on your own. When opening the account, you choose whether the other guardian should have access to and insight into the account, or whether you should have sole responsibility for this account. The other guardian will always receive information about the account opening and, if applicable, how to gain access to the account. If you are the sole guardian, the same ordering method is used.

• 1. Log in to the online bank with BankID.

• 2. Select everyday banking and loans → Account → Open new account.

• 3. Select Children's Savings Account

• 4. Review more information about the account and click continue on "Order Children's Savings Account"

• 5. Select the child who should have the account from the page. If the child is not registered to you in the National Population Register, you can proceed without BankID.

• 6. Choose whether the other guardian should have access:

  • a. Yes: the other guardian can be added later.

  • b. No: the other guardian will not have access (the account is marked with 'Gift giver role').

  Choose whether a Gift Declaration should be linked to the account. If yes, the account will be exempt from the County Governor's responsibility if the child's total assets exceed two times the National Insurance basic amount (2G).

• 7. Sign with BankID.

• The account is ready! The other parent or guardian will now be notified that the account has been opened. If you have chosen that both guardians should have equal rights to the account, the other guardian will receive information on how to set this up. Once both have access, you will receive a confirmation.

As a parent or guardian of the child, you can open the Children's Savings Account on your own. When opening the account, you choose whether the other guardian should have access to and insight into the account, or whether you should have sole responsibility for this account. The other guardian will always be informed about the account opening and, if applicable, how to gain access to the account. If you are the sole guardian, the same ordering process applies.

• 1. Log in to the mobile banking app

• 2. Go to More → Accounts → Open new account.

• 3. Click on the three dots in the top right corner. Select Children's Savings Account under the tab "for others".

• 4. Review more information about the account and click on "Order Children's Savings Account".

• 5. Select the child who should have the account from the list. If the child is not registered to you in the National Population Register, you can proceed without BankID.

• 6. Choose whether the other guardian must have access:

  • a. Yes: the other guardian can be added later.

  • b. No: the other guardian will not have access (the account is marked with 'Donor role').

  Choose whether a Gift Declaration must be linked to the account. If yes, the account will be exempt from the County Governor's responsibility if the child's total assets exceed 2 G (the National Insurance basic amount).

• 7. Sign with BankID.

• The account is ready! The other parental guardian will now be notified that the account has been opened. If you have chosen that both guardians must have equal rights to the account, the other guardian will receive information on how to do this. Once both have access, you will receive a confirmation.