Traditional Providers
Open a Norwegian Krone Business Account
Open a NOK business account and operate across Norway with confidence. Get local Norwegian account details with access to NICS and SWIFT. Send, receive, and hold NOK with clear control over every transaction.
Reduce FX friction and simplify international transfers
Norwegian account details in your company’s name
Access Norwegian rails for domestic payments
Suitable for international operations, non-resident directors, and multi-jurisdictional ownership
Norwegian Krone
Currency name
NOK
ISO code
kr
Currency symbol
What’s Included with Your Norwegian Krone Business Account
A dedicated NOK account embeds your operations into Norway’s local banking rails, ensures counterparties receive exact-value settlements, and aligns FX timing to your treasury strategy rather than market pressure.
Key Benefits
Collect revenues in NOK without forced conversion into another base currency.
Pay suppliers and counterparties in their preferred currency.
Align FX execution with treasury policy and market timing.
Build credibility and trust with Norwegian and global counterparties.
The Risk
The Risk of Not Having a Norwegian Krone Business Account
Relying solely on offshore currency accounts or ad-hoc FX conversion exposes businesses to unnecessary costs, uncertainty, and reputational friction in Norway.
FX erosion:
Repeated, unplanned conversions compress margins.
Payment delays:
SWIFT-only routes add intermediaries, days, and fees.
Counterparty friction:
Local partners prefer NOK transfers to domestic accounts.
Compliance hurdles:
Paying taxes and payroll without a NOK account can be challenging.
Who We Serve
Our NOK Business Accounts Are Designed for
We support a wide range of internationally minded businesses. From fast-growing companies expanding into Norway to established global organisations managing complex operations.
Global Corporates
Centralise NOK receivables, fund suppliers and payroll, and align NOK costs with JPY revenues for cleaner margins.
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Funds & Institutions
Manage capital calls and distributions in NOK with role-based approvals and clear audit trails.
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Private Equity
Efficient NOK flows for deals, fees, and SPV/holdco structures with policy-driven FX.
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Family Offices
Discreet NOK management for assets, commitments, and inter-entity transfers under tight permissions.
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The All-in-One Platform
Banq Global vs. Traditional Providers
Open business accounts (20+ countries)
Open multi-currency accounts (30+ currencies)
Preferential exchange rates (130+ currencies)
Receive global payments (190+ countries)
Make global payments (190+ countries)
Currency risk management
Mass payments
Trade finance
All-in-one platform
Dedicated relationship manager
Business Account - Step by Step
How to Open a Norwegian Krone Business Account
A clear, expert-led process that reduces rework, shortens decision time, and maintains certainty.
01
Scoping & Fit
We review your structure, directors, UBOs, and NOK flows to confirm feasibility and align the account with your treasury needs.
02
Document Pack
A precise, tailored checklist for your entity type and structure, minimising rounds of clarification.
03
Compliance Review
Disciplined AML/KYC due diligence with prompt Q&A and clear status visibility.
04
Account Issuance
NOK account in your company’s name with local IBAN and NICS access.
05
Go-Live & Controls
Users, roles, approvals, payment templates, and FX policy (including market orders) configured to your standards.
Norwegian Krone Business Account - FAQs
Opening a NOK account raises questions on eligibility, payment rails, non-resident onboarding, and compliance. Below are answers to the questions global finance teams ask most often.