Deposit account for international students
Information for international students from non-EU/non-EEA countries regarding the NTNU deposit account.
Topic page for new international students
Deposit account #
Students from non-EU/non-EEA countries have to deposit funds into a Norwegian bank account to show they have sufficient financial support to study in Norway. This is a part of the application process for a residence permit.
(EEA = European Economic Area)
Unfortunately, without a residence permit you cannot open a bank account in Norway. To solve this dilemma, NTNU has opened a bank account where students can deposit funds to prove they have sufficient financial support.
The Directorate of Immigration (UDI) dictates how much money needs to be deposited into this account to fulfil residency requirements.
On arrival #
You will be given a bank card with NOK 50,000 at the beginning of the semester.
- Trondheim: The card is normally handed out during Orientation Week. If you arrive after Orientation Week, you can collect the bank card at the reception desk at the Office of International Relations in Trondheim. Bring your passport as proof of ID.
- Ålesund: You will receive and email with instructions for where you can pick up the card. Bring your passport as proof of ID.
Students staying in Norway for less than 6 months #
If you are staying in Norway for less than six month, you will not be able to open a bank account. In addition to your pre-filled bank card, you will receive the remaining money by check later in the semester. Contact the International Office to have the issue the check.
Staying in Norway for more than 6 months #
You will receive a pre-filled bank card for NOK 50,000 during your first weeks at NTNU.
When you have your residence permit and a Norwegian ID number/D-number, you can open a bank account. To get the remaining funds transferred to your account, you will have to provide documentation of your bank account to the International Office.
Please note that the process for obtaining a Norwegian bank account and the transfer of the remaining funds may take up to two months.
If you wish to make additional withdrawals from the University “deposit account”, before you have received your residence permit, you must contact the International Office.