VPS Account and Investor Services
To buy and own securities you must have a VPS account (Norwegian Central Securities Depository account)
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:
When you become a DNB customer, you automatically get a trading account connected to Euronext Securities Oslo (VPS) and you will be formally assigned an account manager. Read more about this further down on the page.
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.
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!
Investor Services – helps you keep track
As a retail customer you get a VPS account when you register as an equity trading customer. You’ll find Investor Services in the online bank under the ‘Saving and investing’ tab. Investor Services show you:
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 Services.
NOTE! Corporate customers must order access for each individual user. Retail investors must be DNB customers. See below.
Investor Services - Retail Customer
As a DNB retail customer, you already have access to Investor Services in the menu when logged in to the online bank. If you are not already an online banking customer, order access below.
Investor Services - Corporate
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.
Forms and agreements
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 with your VPS account are 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.