Group account is a book account whose assets consist of the balances and reservations on
the current account of group members and the overdraft of the group.
The group account also allows for analytical accounting of single companies on the basis of profit
centres, products and product groups, reporting persons, suppliers, debtors and debtor groups, operation groups, etc.
Different group account statements can be obtained through the electronic channel and they are available only to the parent company.
Statements can be made more flexible by grouping the accounts of group members (e.g. revenue account,
expense account, payroll account, etc.) and by giving names to accounts if necessary.
Please contact your administrator in Swedbank if you wish to enter into a group account contract. A group account contract is
entered into between the bank, the parent company and the subsidiaries, stating the rights and obligations of the bank, the parent company and the subsidiaries.
In addition to the group account contract, an electronic channel contract is entered into in order to make further
communication with the bank as quick as possible.
If you have any questions or suggestions, send them to us through the bank messages page. We value your opinion!