Account opening procedure
To open an export collection account with Sydbank you must provide the following:
Company documentation
- Extract from the companies registry evidencing valid registration of the company and listing the individuals authorized to sign for the company (if registered in Denmark: Extract from the company’s entry with the Danish Commerce and Companies Agency - "Udskrift fra Erhvervs- og Selskabsstyrelsen")
- Articles of Association
- Latest Annual Report
- Photocopy of passport evidencing citizenship and place of residence of each individual authorized to sign account opening documents and to access the company’s account
Account opening documents (duly completed and signed):
- Opening Form
- Signature Form
- Letter of Attorney to Operate Principal’s Account
- MT101 Sydbank Agreement 1)
- Sydbank MT940 Request 1)
- Referral letter from your main banker
1) MT101 Sydbank Agreement and Sydbank MT940 Request to be completed if you wish to receive bank statements and to access your account via your main banker’s electronic banking system. Before signing the documents, please ask your main banker to enquire into the technical set-up with Sydbank (contact person Flemming Holt, tel +45 74 36 32 50, e-mail: flho@sydbank.dk).
The remaining account opening documents are available on request in pdf format.
Please forward company documentation and account opening documents to:
Sydbank A/S
Peberlyk 4
PO Box 169
DK-6200 Aabenraa
Attn: Jytte K. Christensen
Assistant Vice President Cash Management
As soon as we have received all of the above documentation and found it to be in order, we will confirm by mail once your account has become operational and include information on account number, IBAN and the name of your account manager.