You deposit money with Advinans by Direct Debit from a private account. The account from which the money is deducted must be a so-called transaction account and be held by you, for example your bank current account. The first time you make a deposit, you connect Direct Debit by accepting the terms and signing with BankID. Once that is complete you can make single deposits or set up a monthly savings plan.  If you register a single transfer before 6 pm, the money will be in you Advinans ISK the next business day. For a monthly savings plan, a deduction is made from your bank account on the last day of each month. If the last day is a public holiday, the money will be deducted the next business day.  Follow these steps to start saving with Advinans: Go to the tab "Savings". Select the portfolio you want to deposit money into. For transfers you add the private account the money should be deducted from. Approve Direct Debit. Enter an amount or set up a monthly savings plan For a monthly savings plan, a deduction is made from your account on the last day of the month, on public holidays it will be deducted the next business day.

If you make a deposit from your bank before 6 pm, the short answer is that it take 2-5 business days before you can see all investment funds in your Advinans ISK.    The purchase orders are registered according to your investment plan the day after the deposit was received in your account. Depending on the investment funds included, it will take up to 4 business days before all investment funds are shown in your account. The number of days is due to different fund companies having different numbers of so-called settlement days. Settlement days exist to enable the fund manager to handle inflows/outflows from the fund in the best possible way.  Below we will explain the relevant concepts and describe in detail the number of settlement days for each investment fund company.    Trade information Time Closing time 6 pm each business day Business day purchase of fund 2 business days after deposit Settlement date See list of investment funds   Closing time (cut-off time) This is the latest time each business day to submit a Direct Debit payment. Normally this is at 6 pm, or 10 am on half days.  If you make a deposit before the closing time, it means that your money will be received by Advinans the next business day. If a deposit is made after the closing time, it means that the money will not reach Advinans until two days later.   Trade date This is the date when the actual purchase of your investment fund is made. It is at the investment fund’s NAV rate on that specific date that your trade is made. You do not formally own the investment funds until the settlement date when the payment is exchanged for fund units. The payment for the funds is submitted on the trade date.   Settlement date Is the date when you formally own your purchased fund units. The payment is exchanged for fund units and you received your fund units.  Below we have compiled the settlement days for the investment fund companies we partner with:    Name of investment fund Settlement date (purchase of fund units) BlackRock Trade date + 3 business days Handelsbanken Fonder Same date as the trade date Norron Trade date + 3 business days PIMCO GIS Same date as the trade date PriorNilsson Same date as the trade date SEB Fonder Same date as the trade date Spiltan Fonder Same date as the trade date SPP Fonder Same date as the trade date             TIN Fonder Same date as the trade date              Enter Fonder Same date as the trade date Vanguard Trade date + 3 business days Öhman Fonder  Same date as the trade date

When you make a deposit, Advinans purchases fund units according to your investment plan. A smaller amount may remain from your deposit if your investment plan includes American investment funds, since these are traded in hundredths (two decimals) and in US dollars. We only change the amount of kronor needed to purchase whole hundredths.   An example: A deposit of SEK 20,000 where 9% is to be allocated to an investment fund traded in USD. 9% of SEK 20,000: SEK 1,800. Fund NAV: USD 192,42. Exchange rate SEK 8.44 for USD 1. Shares purchased 1.10 (1.10*192.42*8.44) = SEK 1,786.43. If 1.11 shares are purchased: 1.11*192.42*8.44 = SEK 1,802.67.   In the example, SEK 13.57 (1,800 - 1,786.43) remain until the next trade is carried out.

Direct Debit is a secure and effective payment solution as the account is verified through a check against your bank. When your bank account is connected to Direct Debit, you can easily make a single deposit, start a monthly savings plan or request a payout.   Advinans has looked at digital payment solutions but has for the moment concluded that they are not secure enough and/or cost-effective. However, we are evaluating the situation on a continuous basis.

Yes, you can easily add a new Direct Debit connection by accessing the ISK you want to connect to Direct Debit, and choosing ”Transfers”. Please note that you can only have one Direct Debit connection per Advinans ISK.

If you don't have enough money in your account at the time of the withdrawal for your monthly savings plan, another attempt will be made on the next business day. If there are still not enough money, the next withdrawal will be the next scheduled withdrawal date for the monthly savings plan.

You can easily withdraw money from an Advinans ISK by a transfer to one of your Direct Debit-connected transaction accounts with your current bank.   Follow these steps to withdraw money from your savings with Advinans: Log in to advinans.se. Go to "Your Finances".  Choose the portfolio you want to make a withdrawal from. Go to the menu in the upper right corner and then "Withdraw money". Select how much you want to withdraw from your savings, specify as a percentage.  Select the account to which the money is to be paid, then click on "Withdraw money".   After approval Advinans will sell fund units according to the distribution in your investment fund portfolio. The money will be paid once Advinans has received payment from all investment fund companies, it takes between 2-5 days in total if a withdrawal is requested before 6 pm on a business day. 

Depending on the investment funds held by you and the bank you use, it will take 2-6 days.   When you have requested a withdrawal from Advinans, sales orders for fund units in your investment fund portfolio are registered the next day. When Advinans has received money from all investment fund companies, the full amount will be paid to your account. That the withdrawal takes 2-6 days is due to different fund companies having different numbers of so-called settlement days. Settlement days exist to enable the fund manager to handle inflows/outflows from the fund in the best possible way. In addition to settlement days, it takes one business day for payouts unless you have an account with Danske Bank.   Below we describe in detail the time schedule for all investment funds and explain the relevant concepts.   Trade information Time Closing time The date when the withdrawal is registered Trade date sale of fund Day after closing time Settlement date See list of investment funds Payout date Danske Bank: settlement date Other banks: settlement date + 1 business day   Closing time (cut-off time) The closing time is for withdrawals the latest time for submitting a sales order to ensure that it is sent off the same day. Normally this is at 6 pm each business day or 10 am on half days. If you submit a sales order after the closing time, it means that your sales order will be sent to the investment fund company the next business day. In the event that the market is closed when you place an order, it will be sent automatically during the next business day.   Trade date This is the date when the actual sale of your investment fund is made. It is at the investment fund’s NAV rate on that specific date that your trade is made. On the same day as the trade date you can see how many shares of a certain fund we have sold for you and at which NAV rate. You will, however, not receive the money until the settlement date when your fund units are exchanged for payment. The payment from the investment fund company is submitted on the trade date.   Settlement date Is the date when Advinans gains access to the money from the sale of the investment funds. See the investment fund list for the exact date. For investment funds in foreign currencies, we exchange the sales amount from the investment fund companies to Swedish kronor (at the exchange rate of the settlement date) before a payment is made to you.   Investment fund company Settlement date (sale of fund units) BlackRock Trade date + 3 business days Enter Fonder Trade date + 1 business days Handelsbanken Fonder Trade date + 1 business days Norron Trade date + 3 business days PIMCO Trade date + 3 business days PriorNilsson Trade date + 1 business days SEB Fonder Trade date + 1 business days Spiltan Fonder Trade date + 3 business days SPP Fonder Trade date + 1 business days TIN Fonder Trade date + 1 business days Vanguard Trade date + 4 business days Öhman Fonder[1] Trade date + 3 business days   [1] For the fund Öhman Etisk Global A the settlement date is: trade date + 5 business days