Collector Bank
Sweden
(AAA)
(AAA)• Start saving from €1 up to €85,000
• Deposit Guarantee protection Up to SEK 1,050,000 payout in EUR
No withholding tax
Top offer
2.40% AER
Term:
1.5 YearsOur offers
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Top offer
2.40% AER
Term:
1.5 YearsAbout the Bank
Norion Bank AB, which offers savings accounts in the Netherlands under the brand name Collector, was founded in 1999. The company was then developed into a credit market company with its own products, aimed at both corporate and retail customers, and expanded to Norway and Finland in 2008. In 2015, the company received a banking license and was listed on the Nasdaq Stockholm. In 2019, the bank embarked on a strategic transformation from a niche bank focused on fintech and high growth to a Nordic financing bank focused on balanced and profitable growth. The transformation included streamlining the core business, which has been carried out since 2023 through three brands: Norion Bank focused on medium-sized enterprises and real estate companies, Walley focused on merchants and private (banking) customers, and Collector focused on individuals. Norion Bank has offices in Gothenburg, Stockholm, Helsingborg, Oslo and Helsinki.
Further Bank Details
Year Established
1999
Place of Establishment
Stockholm
Number of employees
343
Business Focus
Bank Deposits, Consumer Loans, Payment Solutions
Market(s) in which the bank has branches
Sweden, Finland, Norway
* This data is provided by our partner FMH-Finanzberatung e.K. for private use. Raisin Bank does not guarantee its timeliness, accuracy, or completeness. FMH-Finanzberatung specialises in information on interest rates and financial products and has been collecting and processing financial data in Germany since 1986 for consumers, banks, and editorial offices. As of 24/3/2025.
Deposit Guarantee Scheme
In accordance with EU Directive 2014/49/EU, deposits with this Bank, inclusive of accrued interest not yet credited, are guaranteed by the Swedish statutory deposit guarantee scheme up to (the equivalent in euros of) SEK 1,050,000 per account holder, per bank. This amount also includes possible deposits and/or savings accounts ordered outside Raisin Bank. This protection covers the deposits of all natural persons, not only Swedish citizens. In the event of an intervention by the Swedish DGS, the payment shall be made in Euros to your Raisin Account, within 7 business days from the time the DGS comes into effect. In this case, the exchange rate applied will be the one valid at the time of the bank’s administrative settlement process and is thus subject to currency fluctuations. The administrator and executor of the deposit guarantee scheme is Riksgälden. For more information please visit https://www.riksgalden.se/en/)
Tax process and documentation
There is no withholding tax in Sweden.
Raisin Bank's role
With Raisin Bank, one login gives you access to competitive savings accounts from banks across Europe, allowing your savings to work even harder. No fees, no paperwork: saving with Raisin Bank is online and hassle-free.