IKANO BANK, FILIAL AF IKANO BANK AB (PUBL), SVERIGE

IKANO BANK, filial af Ikano Bank AB (publ), Sverige is the Danish branch of the Swedish bank Ikano Bank AB (publ), part of the Ikano Group. The branch operates under the EU passporting framework, with prudential supervision by the Swedish Finansinspektionen and host‑state conduct oversight by the Danish Finanstilsynet. Its offering in Denmark is focused on consumer finance and simple retail banking products, including unsecured personal loans, credit cards and point‑of‑sale financing through retail and automotive partners, alongside deposit accounts for private customers; it is not a full transactional bank and does not typically provide current accounts or mortgages. Pricing on credit products is generally risk‑based, with variable interest rates and standard fees for late payment, reminders and collection; card products commonly carry foreign currency markups and cash‑withdrawal charges as specified in the tariff. Deposits placed with the Danish branch are protected by the Swedish state deposit guarantee administered by Riksgälden, currently up to SEK 1,050,000 per depositor per institution, with limited temporary high‑balance coverage subject to statutory conditions; Danish customers should note the coverage limit is denominated in SEK and currency conversion applies at the time of any payout. Account opening and credit decisions involve standard KYC/AML checks and affordability assessments using Danish and EU rules, and onboarding and authentication typically use Danish digital ID (MitID), with services delivered via web and mobile channels and customer support provided remotely. Dispute resolution follows the bank’s internal complaints process, with escalation available to the relevant national complaint bodies in Denmark or Sweden depending on the contract’s governing law. As a cross‑border branch, resolution and deposit insurance responsibilities rest with Swedish authorities, while day‑to‑day consumer protection and marketing conduct in Denmark remain subject to Danish regulation.