Information about your company

To protect you, your company and us from being exploited for money laundering purposes, we are obliged under the Swedish Money Laundering Act to have documented knowledge of your company and its owners – even if we have regular contact with you. We also need to know where the company and its owners are taxpayers. This is why we’re asking you to provide information about your company.

When we interact with you as a customer, for example on the login pages of our online bank or in personal conversations, we sometimes ask questions about your company’s banking business or the country in which the company and its owners are taxpayers. You may also have received a letter by mail asking you to submit new information.

Your data is subject to banking confidentiality, and we treat your data completely confidentially.

What do you need to prepare

The information you need to provide about your business includes:

1. Beneficial owner

   Who owns or controls more than 25 per cent of the company. If nobody owns or controls more than that, we need to know who the alternative beneficial owners of the company are.
   
   

2. Ownership and control structure

   Attach an organisational chart with all the companies and individuals in the company’s ownership and control structure. The chart must contain: full name of company or individuals, company registration number, personal number, or date of birth if the individual is not a Swedish citizen, country of registration, or residency if the individual is not a resident in Sweden, and ownership shares as a percentage, the percentage of the ownership and control structure must be equal to 100 %.
   
   

3. Details of individuals

   For individuals we need to know the Swedish personal number or if not applicable, date of birth, address and country of residence and tax residency. We also need to know if anyone is a political exposed person.
   
   

4. Beneficial ownership vs. information registered in official registers

   The information provided to SEB regarding beneficial ownership must correspond to the information registered in official registers where applicable. Always keep your information regarding beneficial ownership updated.
   
   Read more about Beneficial ownership register at Bolagsverket, and also how it affects foreign legal entities which have activities in Sweden.
   
   

5. Payment transactions

   If the company makes cash deposits or withdrawals, domestic or international payments and transactions, we need to know the expected amount, frequency and the purpose of those.
   
   
   

Provide information about your company

What happens if we do not receive your information?

In order for you to use our services, we must have correct information about the company, its owners and their proven identities. If we do not have this information we can, in the worst case, be forced to restrict your ability to use our products and services.