Taxpayer identification number (TIN)
We must also request the foreign identification number (TIN) if you are resident outside Norway for tax purposes or if you are a US citizen. Other financial institutions and banks have the same obligation. TIN stands for Taxpayer Identification Number. TIN is the number used by each country to identify the individual. In Norway this is the national identity number. In the US, it is the Social Security Number.
Why do we ask this?
The Bank is obliged to report to the Norwegian Tax Administration information about where customers and beneficial owners are resident for tax purposes and whether beneficial owners are US citizens. The Tax Administration then passes this information on to the local tax authorities in the country in question.
Contact your customer advisor if you have any questions.