New to Føroya Banki

Whether you are coming to the Faroe Islands to live, work or study we are here to help you.

How to create a bank account

To become a customer, you need to fill out a form by clicking on the button “Become a customer”.

It will lead you to a questionnaire where you will answer some questions and upload documents. After completion, the information will be sent to Føroya Banki and we will get back to you within two business days.

The form will take approximately 15 minutes to fill out.

Become a customer

If you are not able to use the questionnaire above, please contact us here.

What you will need

Samleikin: Before you start filling out the form, you need to have a Faroese digital login called Samleikin. You can find information on how to obtain Samleikin at samleikin.fo.
Proof of identity: When filling out the form, you need to have either your passport or driver’s license at hand.
Proof of address in home country: In addition, if you have moved from abroad, you need proof of address in your home country. This should be in the form of government issued documentation such as an ID card with your address on it, or other proof of address, such as a lease or a utility bill. Please attach your proof of address in “other documents” during the application process.

NB! Please note that you should write your Faroese address as your primary address.

As part of the application process, we will ask you for:

Your personal details – these include your date of birth, nationality, citizenship and social security number.
Your address – current Faroese home address and your previous address (if you have spent less than 1 year at your current adress).
Contact details – your phone number and email address.
Employment – we will need to know what your job is.
Deposits and transactions – we need to know your total annual recurring amounts.
Expected cash deposits – how many and the amount.
Expected international transactions – how many and the amount.
Income – how much money you earn each month.

Identification Documents

Resident in the Faroe Islands

Driver's license
Passport

*Approved countries (Schengen countries): Belgium, Estonia, Finland, France, Greece, Italy, Latvia, Lithuania, Luxembourg, Malta, The Netherlands, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden, Czechia, Germany, Hungary, Austria, Liechtenstein, and Switzerland. Bulgaria, Cyprus, Romania, Ireland, and Great Britain participate in the Schengen Agreement.

Resident abroad

Driver's license
Passport
Address verification from your country - Name, address, and personal identification number. Find your TIN number here.

Residents of the Faroe Islands and abroad must submit two of the following identification documents to the bank if the previously mentioned documents are unavailable. One of these documents must include your name, identity number, and adress.

Birth certificate
Social security document
Latest tax return from TAKS
Document from public authority, which confirms your name, social security number and address.

How to close your account

You need to contact us, when you no longer need your account.

It is important that the account is closed correctly, in order to ensure that your account does not get into overdraft because of any expenses on your account.

Please write to us through your netbank, or call us at telephone no. +298 330 330, and we will assist you in closing the account correctly.