We are launching a new savings universe

With this update, we’re paving the way to build the savings solutions of the future. The goal is to offer you even better products and services. The online bank and the Spare app will look different than you are used to, but we promise to keep you updated along the way.

You will be notified if you need to do anything. The goal is to make the transition to the new savings scheme easy for you. You will therefore receive the information you need prior to any changes. It will also be easy to get in touch with us if you need guidance.

You will receive more information on a continuous basis. For us, this is one of the most important projects of the year, and we’re looking forward to sharing news about the savings scheme that will benefit you directly.

We are required by law to inform you of changes to the agreement. The upgrade involves some technical changes that can be difficult to understand. In any case, the changes have little impact on you as a mutual fund customer. Such formal messages are not very exciting, but need to be issued during a transition phase. The changes apply from 9 March 2025. You will find the updated agreement

You can easily transfer to and from the share savings account in the online bank, mobile bank and the Spare app.

Mobile banking app. Go to the Sparing tab and select from the account list.

The online bank: Go to the share savings account overview.

The Spare app Go to the share savings account overview.

If you save for yourself, sub-accounts can be a good option. If you’re saving for others, it’s often smarter with more share savings accounts.

Multiple sub-accounts: May be useful for anyone wanting to organise their investments. Create multiple share accounts and earmark them as you want.

Multiple share savings accounts: May be a good idea for anyone who saves for others, since the share savings account must be given in its entirety. It also makes it easier to document ownership and realise profit/loss when you give away funds and individual shares.

You can easily create multiple sub-accounts. This can be useful when you want to organise investments in the share savings account.

Different savings targets: Earmark the sub-accounts as you like – whether it’s for a pension, holiday or something else you’re looking for.

Separate investments: You can distinguish between investments in, for example, mutual funds and individual shares.

Better overview: Get a more detailed overview of risk and return on the various investments.

Transfers between sub-accounts, linked to the same share savings account, do not trigger tax. You can withdraw the money you have deposited into your share savings account at any time, free of tax. It is only when you take out the profit, that is, what you have earned, that you have to pay tax.

Currently, mutual fund shares in DNB mutual funds are registered directly in the shareholder register. After the upgrade, the shares will be registered in a common nominee account. You are still the owner of the shares. The change is of a technical nature and makes the administration easier for DNB. This will happen automatically and does not involve any changes for you.

A kickback is a payment from the mutual fund company (for example DNB Asset Management) to the distributor (for example DNB Bank) to manage, market and sell the fund on behalf of the fund company. After the upgrade, you will receive this payment when you buy and sell mutual funds with gross share classes. funds with gross share classes. The change is of a technical nature and essentially results in lower fund costs.

As a DNB customer, and with a mutual fund in Sbanken, you can now see the Sbanken mutual funds under a separate tab in logged-in areas. During the spring, we removed the divide and will unite all your mutual funds in the new savings scheme. Your entire mutual fund holdings will then be collected in one place in the online bank, mobile banking app and the Spare app. The move will take place automatically, so you don’t need to do anything.

As a DNB customer, and with a mutual fund in Sbanken, you can now see the Sbanken mutual funds under a separate tab in logged-in areas. During the spring, we removed the divide and will unite all your mutual funds in the new savings scheme. The new savings universe is based on a lot of Sbanken’s technology. Therefore, there will be no major changes in the savings functionality you are used to. You will be able to manage your fund holdings in the Sbanken app as before, with the support of DNB’s online bank if you need it. The move will take place automatically, so you don’t need to do anything.

We are required by law to inform you of changes to the agreement, and can implement the changes with your passive consent. If you approve the changes, you do not need to do anything. You can reject the changes before they enter into force, but please note that it gives DNB the right to terminate the agreement. If you do not approve the changes, you must contact us.

We are here for you if you have any questions. Feel free to call us on 22 47 40 00 weekdays between 09.00 and 15.00.