Security Deposit Account

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A security deposit is a payment a landlord requires tenants to pay to cover unpaid rent and/or damage to a rented flat/house. The security deposit is normally paid into a security deposit account.
 

How to open a security deposit account

The tenant and the landlord must be customers of DNB and both must order the account from their internet banking. More information about how to become a customer.


When we have received the form from the tenant and the landlord the account will be opened.

Price

Internet banking
NOK 300

Branch office
NOK 1000

Price list
Conditions (pdf)
 

This is what you need

  • Electronic copy of the signed lease
  • The address og the rental housing
  • Name, e-mail and phone number of the other party
  • The landlord need an account number for deduction of the up-front fee.

Information about the security deposit account

  • The tenant must be at least 18 years old.
  • Both the tenant and the landlord must be customers of DNB.
  • Click here for more information about how to become a customer.
  • The tenant owns the account, and receives all the earned interest.
  • The account is blocked for withdrawals.
  • The deposit can not exceed the equivalent of six months' rent.
  • The up-front fee must be paid by the landlord.

How to close a security deposit account

When the lease is terminated/expires you can send a termination webform from your online banking.