The best banking app is for everyone
Numerous solutions suitable for businesses.
Numerous solutions suitable for businesses.
Corporate users can switch between users of different companies in the online banking system when electronic credentials are used for login in the app, while also managing personal transactions.
This is very simple to execute and saves time during login, in addition to simplifying the overview for those who handle finances for more than one company.
We offer flexible solutions that meet the needs of companies to grow their funds in the most effective way. Regardless of the customer's goals, we have diverse savings options that meet the needs of each individual.
Arion Bank offers a wide range of foreign currency deposit accounts.
You can choose between non-term accounts or accounts with 3 or 6 month binding periods.
In the Arion app, it's simple to attach payment receipts and explanations to card transactions. As soon as the cardholder has attached a receipt or explanation to the card transaction, the information becomes accessible in the online banking system.
We offer businesses the option to register selected staff as key users who then receive enhanced permissions to manage the company's finances in the online banking system.
Our corporate cards offer diverse benefits and travel insurance that cater to different needs. There are no transaction fees on the cards, only a fixed annual fee. They are suitable for both in-store and online purchases, and can be easily connected to Apple Pay or Google Pay for faster and more convenient payments.
The app itself is free of charge for customers. If connected through 4G, 3G or Edge (i.e., not WIFI), you will need to pay your mobile service provider for data usage. This is comparable to all other apps on phones that connect to the internet.
Transfers to new (unknown) recipients may total 50,000 ISK within a 24-hour period.
Example: If you transfer 40,000 ISK to a new recipient, no authentication is required. If another transfer to a new recipient occurs within the same day, e.g., 12,000 ISK, then additional authentication is required for that transfer because the maximum amount within the day has exceeded 50,000 ISK.
Please note that this does not apply when transferring to known recipients.
After 5 attempts, the app is reset to its initial state and all user information is deleted from the phone. Then you only need to go through the login process again to start over.
By freezing your card in the app, you block the use of your card in stores, ATMs, and online. However, direct debits will continue to work, as well as payments with smart devices through Apple Pay, Google Pay, and Garmin Pay.
You can reactivate your card again in the app.
You sign in to the online banking and disconnect the phone. This is done under "Settings" > "Smartphone app". There you'll find a list of smartphones connected to your online banking account. To disconnect, select "Disconnect device". When disconnecting, all information related to the app is deleted the next time the app tries to retrieve data. The app remains on the phone but is no longer linked to that user.
It's simple to reconnect the phone by going through the login process on the phone, where you'll need to enter your username, password and authentication number, or sign in using electronic identification.
If the account in question is not under settings, it is also not registered in the online banking system. It is best to contact customer service or the nearest branch to connect it to online banking.
To access this functionality, go to "More" - "Settings" and under "Notifications," click on "Unpaid Bills." There you can choose whether to receive notifications about new incoming bills or bills that are due.