Move a share savings account

DNB does not charge you when moving your Share savings account to us. The other savings provider may charge a fee for organising the transfer of the share savings account.

No, you will be exposed in the market the whole time. We recommend that you do not trade in the account after you have started the moving process, as this causes the whole process to take longer.

For a period, you will not be able to see your holdings in your share savings account, either with the other provider or with DNB. During this period, you cannot trade in the Share savings account.

To order a move of a share savings account, we need you to provide the number of your existing share savings account. This number can be found from your existing provider.

Examples of numbers we can receive in the transfer form for share savings accounts are:

• Share savings account policy number
• Share savings account bank account number
• Share savings account mutual fund account number
• Share savings account Euronext Securities Oslo (VPS) account number

Securities, cash holdings and tax information must be transferred as soon as possible after receiving the move notification. The time it takes to move the Share savings account is individual and depends on the holding. We need to collaborate with different savings providers, and moving a share savings account with external funds therefore takes longer than moving cash.

Savings schemes you have in the Share Savings Account to be moved will be closed. If you want to continue these after the Share Saving Account has been moved to DNB, you must remember to create them again. As soon as the Share savings account is transferred to DNB, you will find this in the Share savings account overview. You will be able to see which shares or equity funds you have savings schemes for and easily create new or change existing savings schemes.