Facit Bank A/S

Facit Bank A/S is a Danish credit institution operating primarily through digital channels, offering a narrow range of retail banking services centered on savings and consumer lending. Account opening and servicing are handled online with identity verification via MitID and standard AML/KYC checks, and customer support is typically available by phone and email within business hours. For savers, the bank provides at-call and fixed-term deposit options; rates are variable or fixed depending on the product, can change over time, and term products generally carry restrictions or penalties on early withdrawals. For borrowers, unsecured loans are priced based on creditworthiness and affordability, with decisions relying on credit history, income documentation, and debt-to-income assessments; approval is not guaranteed and the total cost of credit should be reviewed carefully before acceptance. Facit Bank A/S is subject to supervision by the Danish Financial Supervisory Authority (Finanstilsynet), and eligible deposits are covered by the Danish Guarantee Fund for Depositors and Investors in line with EU rules (generally up to the equivalent of EUR 100,000 per depositor per bank, with defined temporary high-balance protection in specific cases). Fees, interest rates, and terms are published on the bank’s website and may be adjusted, so prospective customers should consult current disclosures, check effective APR and any account or payment charges, and confirm service availability, eligibility criteria, and limits before opening an account or taking a loan.