Welcome to Betri Banki

Below you will find all the information you need to become a customer and access our basic services. These include opening an account, ordering a debit card, making transfers, using our app, and more.

Your options if you do not have a Faroese passport

If you do not hold a Faroese passport, you may still be eligible to become a temporary customer. This page provides an overview of the requirements, the documents you will need to present, and the related costs. Our aim is to give you a clear understanding of the process and to ensure that you know what to expect at each step.

Transferring money to your loved ones

Your account is personal and should not be shared unless it is officially registered as a joint account. With Netbankin, you can easily and securely transfer money both locally and abroad, and it is also the most cost-effective option compared to in-house services.

Scandinavian banks, including here in the Faroe Islands, are strictly regulated and very reliable. This means your money is safest kept in the bank, rather than being withdrawn and re-deposited. Frequent cash deposits also require us to ask detailed questions under anti-money-laundering regulations, which can become inconvenient for you.

Where to find us

We have 8 ATMs around the country:

  • At the branch in downtown Tórshavn (here you can also withdraw euros)
  • At the branch in Klaksvík
  • At the branch in Miðvágur (here you can also withdraw euros)
  • At the branch in Saltangará (here you can also withdraw euros)
  • At the branch in Sandoy
  • At the branch in Tvøroyri
  • At Norðskála, outside the shop Brá
  • In Vestmanna, Bakkavegur 8