Skip to main content

Transfer of settlement services

Transferring the settlement of payments to Coop Pank is easy: you can transfer from your existing bank a settlement account, electronic invoice fixed payment agreements or standing orders.

When you transfer your payment settlement services, you can choose whether you transfer to Coop Pank the settlement of all your payments or just some of them. Once this decision has been made, submit a relevant request to Coop Pank, and we will communicate with your former bank on your behalf.

Find out why sign up as a client of Coop Pank!

Read more the information sheet for your settlement services.

Further information

Open all

During the transfer of your settlement account, your settlement account at your former bank will be closed, and a new account will be opened at Coop Pank: as a result of the transfer, your account number will change.

Don’t forget to inform your employer about your account in Coop Pank so that they transfer your salary there. You will find the application for changing the account here.

To transfer benefits, pensions or parental benefits to a new current account, change your information on the Social Insurance Board's self-service page. You can also find the necessary forms on the website of the Social Insurance Board. If you wish, you can bring the application to our bank branch and we will forward the application yourself.

It may not be possible to transfer the settlement of all payments, for example, if credit, deposit or securities account management agreements have been concluded at the current bank.

If the settlement of all payments cannot be transferred, this may be done also in part. In this case, only chosen electronic invoice fixed payment or standing order agreements may be transferred, with the settlement account at the former bank remaining in effect.

The transfer of payment settlement services from another bank is not possible

  • if your settlement account has been frozen or
  • if you have any debts towards your current bank