Web Services

Web Services is a modern and secure data communication protocol for connecting your company’s accounting application with the systems of the bank. The service lets you exchange payment files between your company and the bank.

The Web Services protocol is a modern and secure data communication solution for connecting your company’s accounting application with the systems of the bank.

The Web Services protocol lets you exchange payment files between your company and the bank.

Your advantages:

  • Data transfer can be automated and timed to suit your needs
  • Payments received are automatically recorded in your accounting program
  • Data are always transferred in an encrypted format, so no separate VPN encryption is needed

The Web Services connection identifies customers by PKI (Public Key Infrastructure) certificates (Nordea eID), which you receive from the bank together with the connection software. The software sends an application request, adding to it the customer’s name, user ID and country code, as detailed in the contract. The application request is protected with an activation code that has to be sent by text message to the mobile phone number of the administrator named in the contract.

If your bank connection software lacks the functionality required for downloading the certificate, you can download it yourself by logging in to the Certificate Download Service using the details given above. Once you have received the certificate, you will have to set a password to protect it. You will need the password later once it has been transferred to the bank connection software.

The certificate is valid for two years. Each company is responsible for renewing its own certificate before it expires. Some bank connection software solutions warn the user before the certificate expires, so that you can renew the certificate in time without suffering any interruptions in the service. Depending on your software, the renewal may be fully automatic or may need you to download a new certificate yourself as described above. You can order a new activation code from Nordea’s corporate customer service line 1773* / +372 6283 300. The activation code is valid for seven days.

Further information:

Nordea’s corporate customer service line 1773* / +372 6283 300 (from abroad: +372 6 283 300) or your company’s contact person at Nordea.

Download certificate

In order to start using the Web Services protocol, you will have to sign a written contract with Nordea Bank.

You will also need bank connection software that supports the Web Services protocol. Chapter 4 of the service description of the Web Services protocol explains the kinds of file types that can be uploaded and downloaded.

The terms and conditions of your previous contracts and payment services remain as they are, and only the data communication and data security protocols change.

To sign the contract please call our corporate customer service line 1773* / +372 6283 300 or email firma@nordea.com

Please read the descriptions of the service before signing the contract.



CASH MANAGEMENT SERVICES
Group Account
Group account registration (per Group account) 100 €
Fee for group account service per transaction account 20 €
Monthly fee for internal interest calculation (per Group account) 7 €
Changes in to the group account structure or any other change in agreement 26 €
Zero Balance Group account
Zero Balance Group account registration (per ZB structure) 100 €
Monthly fee for Zero Balance Group account service (for each account) 20 €
Changes in agreement 26 €
Automatized money sweeping/topping service between Nordea Banks accounts
Registration 50 €

Monthly service fee

  • payment frequency: daily
  • payment frequency: weekly
  • payment frequency: monthly

 

  • 50 €
  • 25 €
  • 10 €
Fee for one payment According to payments price lists
Automatized money sweeping/topping service to outside Nordea Banks
Registration 70 €
Monthly service fee (payment frequency: monthly) 70 €
Zero balancing transaction between current accounts
Monthly fee per account pair (payment frequency: daily) 20 €

Nordea Multibank
First registration and installation at the client 25 €
Monthly maintenance fee 15 €
Monthly additional maintenance fee for every next company of the group 7.50 €
Additional consultation at customer's request and at customer’s premises 20 € /hour + travel costs
Payments in Multibank/Corporate Netbank 1
Domestic euro payment to Estonia and EU/EEA member states 25 €
Express international payment 3 15 €
Express international payment in full to beneficiary 2,3 7.50 €
Additional consultation at customer's request and at customer’s premises 20 € /hour + travel costs

1 Other payments according to Payments price list
2 Remitter (OUR) – the Customer as the remitter shall pay the fee set by the Bank and such fee shall cover the fees set by all other banks involved in the process of execution of payment. However, the Bank shall not be held liable if during the process of execution of payment no fees of other banks are withheld or the recipient does not receive the payment amount in full due to other reasons beyond the Bank's control. Payments in EUR or EU / EEA member states currencies are allowed if payment is with currency conversion. 
3 Requires an agreement.

Web Service channel
Initial registration and connection 50 €
Amendments in Web services channel agreement 15 €
Monthly fee (payments + account information) 50 €
Monthly fee (account information) 25 €
Plug&Play 50 €
File-transfer services
SWIFT message MT101
Service activation (when MT 101 is sent to another Nordea branch) Free
Service activation (when MT 101 is sent to other banks) 15 €
Using MT101 service (when MT 101 is sent to another Nordea branch) 15 € per month
Payments according to payments price list
Current account information (MT940, MT941, MT942)
Sending account information to other banks via SWIFT (MT940, MT941, MT942) to Nordea units Free
Sending account information to other banks via SWIFT (MT 940, MT941, MT942) to other banks 13 €
Using MT940, MT941, MT942 service (to other banks via SWIFT MT940, MT941, MT942 to Nordea units 13 € per month
Receiving of account information
Opening the service, when account information is received from Nordea units Free
Account information via SWIFT (MT940, MT941, MT942) from Nordea units Free
Account information sent via SWIFT (MT 940, MT941, MT942) from other banks 13 € per month
Current account information (ISO 20022 XML format camt.052, camt.053)
Registration 25 €
Monthly fee for customer 25 €