Current account interest payment

While until now, we have paid interest to the current account of the customer even if the interest amount is 1 cent, from 1 October 2024, we will pay interest to the current account when the accrued interest amount is at least 1 euro. Any lesser amount of interest calculated will be added to the amount accrued in the previous period and paid monthly if the interest amount is at least 1 euro. All other terms and conditions for calculating the interest remain unchanged.

We are specifying the terms and conditions of private loan product 

In the terms and conditions of private customer loan product, we specify in clause 28 that if the payment date of the loan falls on a day that is not in that month, the payment date is the last day of the month. In clause 43, we add that if the payment date is changed in such that the new payment date is later than the previous Euribor fixing date, the bank fixes the Euribor on the interest payment date preceding the new interest payment day.

The terms and conditions of private customer loan product apply to loan agreements in which there is a reference to the application of these terms and conditions.

Terms and conditions of private loan product as of 1 October 2024 (PDF)

We will stop offering the text message information request service

Due to a significant decrease in customer interest, from 1 October 2024, we will discontinue the text message information request service offered at the phone number 1221, which allowed requesting information on transactions and account balance by text message.

To keep up to date with your finances, we recommend use our other solutions – SEB’s express notification service, mobile app, or the Internet Bank.

The Terms and Conditions of all, including updated SEB products and services, are available on the SEB Terms and Conditions page.