Ölands Bank AB

Ölands Bank AB is a regional Swedish bank serving individuals and small to mid-sized businesses on the island of Öland and nearby areas, offering current and savings accounts, payment cards, domestic and international transfers, mortgages and consumer loans, and corporate financing with basic cash management. Services are delivered through local branches and digital channels, with BankID used for authentication and standard Swedish payment infrastructure such as Bankgiro and Swish available; ATM access is generally via the national Bankomat network. Investment and pension products are distributed through regulated Swedish fund platforms, and insurance solutions are offered via partners. Mortgage pricing follows common Swedish practice, with fixed and variable rate options and terms influenced by loan-to-value and customer profile. Business customers have access to accounts, payments, liquidity services, and financing solutions tailored to local commerce and agriculture. Deposits are protected by the Swedish deposit guarantee administered by the National Debt Office, currently up to SEK 1,050,000 per depositor and institution, and the bank operates under the supervision of Finansinspektionen, applying standard KYC/AML controls. International payments use SEPA for euro transfers and SWIFT for other cross-border transactions. Fees, rates, eligibility criteria, and product availability depend on customer circumstances and can change; onboarding typically requires Swedish identification and documentation, and options for non-residents may be limited.