Comparison table of electronical channels
| Internet Bank for business clients | Swedbank Gateway | |
|---|---|---|
| Domestic payments | ||
| International payments | ||
| Mass payments (composite payments) | ||
| Account balance display | ||
| Account statements | ||
| Payments import | ||
| Conversion and exchange rates | ||
| Hedging of currency risks and conversion using beneficial exchange rates | ||
| Credit card reports | ||
| Securities transactions | ||
| Securities prices | ||
| Investment of available funds (deposits investment funds) | ||
| Group account administration and reports | ||
| Baltic reporting | ||
| Factoring reports | ||
| E-bills functionality and reports | ||
| E-services (communication with the Tax and Customs Board, etc.) | ||
| Card payments servicing reports (POS) | ||
| Sending of bank messages | ||
| Alerts |
You can organise your company’s money matters in the business client Internet Bank at any time and everywhere
- Quick and convenient communication with the bank
- Bank operations and overviews without visiting a branch
- Entering into agreements
- Personal offers
- Security
Agreement and user rights
In order to use the Internet Bank, the Telephone Bank and the Mobile Bank, an agreement is required. You can enter into one at any branch when you come in to open the first current account for your company. The agreement can be modified in the Internet Bank by a user with administrator rights.
According to the Commercial Register, a company’s member of the board who holds sole right of representation can automatically sign contracts on the Internet Bank and use their administrator’s right. All legal representatives of the company can get the administrator's right to add any person related to the company by calling to the consultation center at 613 22 22 or by visiting the bank's branch office.
Account-based user rights
| Right | Information and paymentsAll services | Information | Preparation of payments |
|---|---|---|---|
| Making payment orders * | |||
| Currency conversion | |||
| Entering into payment agreements (standing orders and e-invoice standing orders) | |||
| Making securities transactions | |||
| Viewing account balances and statements | |||
| Viewing information related to product agreements | |||
| Preparation and amendment of payment orders | |||
| Addition and amendment of defined payments |
* When making payment orders it is possible to use the double acceptance conditions for payments which means that a payment order is only forwarded to the bank once another user with the relevant rights has accepted it (e.g. forwarded or signed the payment to be paid) in the Internet Bank or Mobile Bank. The double acceptance condition can also be established as of a certain amount selected by the company.
User-based rights
Administrator rights |
|
|---|---|
Administrator with another user |
|
Administrator with preparation rights |
|
Administrator with information rights |
|
Signing agreements independently |
|
Signing agreements with another user |
|
- Additional options
- Price list
You can organise your company’s money matters in the business client Internet Bank at any time, wherever you happen to be, and you can perform bank operations without visiting a branch. The Internet Bank is compatible with a wide range of financial software, making everyday operations easier.
Access to accounts in the Latvian and Lithuanian Internet Banks
You can manage your company’s accounts in all of the Baltic banks of the Swedbank Group with the same user ID. This option is only available in the business client Internet Bank. In order to make use of it, you must submit an application to the bank or get in touch with your client manager.
Once access has been granted, the option to select the country appears on the screen in the business client Internet Bank. You can use this to move from the Internet Bank of one country to another. You do not need to log out and log in again to move between the Internet Banks of different countries.
Traderoom
Traderoom is suited for companies that perform currency transactions and need resources to manage and optimise their currency risks. It is also a tool to use in the liquidity management of companies.
Find out more about Traderoom
Group account
A group account is a book account which reflects the financial status of the group as calculated on the basis of the sum of the balances of the current accounts of all group members. Group account resources comprise the balances of and reserved amounts in the current accounts of group members and the overdraft of the group.
Find out more about a group account
Baltic reporting
Baltic reporting is suited for foreign companies that have subsidiaries in the Baltic Sea region and wish to control their financial operations from their headquarters. It is also suited to Swedbank clients who have expanded their activities in the Baltic Sea region and wish to obtain regular overviews regarding their subsidiaries and/or affiliates or branches.
Find out more about Baltic reporting
