---
title: "Saxobank A/S SWIFT/BIC code SAXODKKKXXX · Denmark | Elucidate"
description: "SWIFT/BIC code SAXODKKKXXX for Saxobank A/S, Denmark. 1 branch BIC, LEI 549300TL5406IC1XKD09, addresses and Swift connectivity."
url: https://elucidate.co/directory/saxobank-a-s-saxodkkk
---
1. [Directory](https://elucidate.co/directory)
2. [Denmark](https://elucidate.co/directory/country/dk)
3. Saxobank A/S
Denmark · Financial institution
# Saxobank A/S
Legal name in the LEI record SAXO BANK A/S
Saxo Bank A/S is a Danish public limited company with its head office in Hellerup. It has held a Danish banking licence since 2001 and is the parent company of the Saxo Bank Group. It belongs to the J. Safra Sarasin Group through Saxo Holding AG, which Bank J. Safra Sarasin AG wholly owns. The bank runs online trading and investment platforms for private clients and institutional partners, including white-label arrangements. It was founded in 1992, and the Danish FSA designated it a systemically important financial institution (SIFI) in June 2023.
BIC **SAXODKKKXXX** LEI **[549300TL5406IC1XKD09](https://search.gleif.org/#/record/549300TL5406IC1XKD09)** Licence no. **Not on a tracked register** Connected to Swift Swift GPI live member Market operator · MIC **SXSI** [**1** branch code](https://elucidate.co/directory/saxobank-a-s-saxodkkk#branches) [**4** correspondent accounts](https://elucidate.co/directory/saxobank-a-s-saxodkkk#correspondents) [Group: Saxo Bank A/S](https://elucidate.co/directory/group/549300TL5406IC1XKD09) [Claim this profile](https://elucidate.co/directory/saxobank-a-s-saxodkkk#claim)
## Licences and registrations
Matched by LEI on the 22 tracked registers
None matched by LEI in the 22 tracked registers.
- The tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
## European registers
### ECB · monetary financial institutions
List as at 2026-09-25
- **Category:** Credit institution
- **Minimum reserves:** Not on the ECB reserve list
- **Listed as:** SAXO BANK A/S
- **RIAD code:** DK15731249
### ESMA · MiFID II register
Register as at 2026-09-28
| Entry | Competent authority | Authorised | Services or instruments |
| --- | --- | --- | --- |
| Investment services (MiFID II) | Finanstilsynet | 2001-06-27 | A1 A2 A4 A5 |
Service codes follow MiFID II Annex I: A for investment services, B for ancillary services. Hover a code for its meaning.
Entries are matched on the LEI. Each register is quoted as its publisher lists it.
## Swift network
Swift’s ISO 9362 BIC directory
- **BIC:** SAXODKKKXXX head office
- **Connection to Swift:** Connected to Swift
- **Swift GPI:** Live member
- **Payment schemes and systems:** [SCT · SCT Inst · VOP · T2 · TIPS](https://elucidate.co/directory/saxobank-a-s-saxodkkk#schemes)
- **Branch codes:** [1 branch code](https://elucidate.co/directory/saxobank-a-s-saxodkkk#branches)
- **Other BICs with this LEI:** [SAHFFIH2](https://elucidate.co/directory/saxo-bank-a-s-branch-in-finland-sahffih2) · [SAXPCZP1](https://elucidate.co/directory/saxo-bank-a-s-organizacni-slozka-saxpczp1)
- **BIC first registered:** 2003-10-04
- **Last updated:** 2016-08-20
## Overview
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/saxobank-a-s-saxodkkk#overview-sources)
Total assets
DKK 113.6bn
Group · 30 Jun 2026 · [interim report ↗](https://www.home.saxo/about-us/investor-relations)
Employees
2,570
FTE · Group · 30 Jun 2026 · [interim report ↗](https://www.home.saxo/about-us/investor-relations)
Ownership
Group subsidiary
100% Saxo Holding AG
Institution type
Investment bank
Trades as Saxo
- **Standing:** J. Safra Sarasin Group completed its acquisition of about 71% of the bank on 2 March 2026. According to the bank's investor-relations page, Saxo Holding AG, which Bank J. Safra Sarasin AG wholly owns, now holds 100% of its shares.
- **Ownership:** Saxo Holding AG holds 100% of the shares, and Bank J. Safra Sarasin AG of the privately owned J. Safra Group wholly owns Saxo Holding AG.
- **Direct parent:** Saxo Holding AG 100%
- **Ultimate owner:** Bank J. Safra Sarasin AG (J. Safra Sarasin Group, part of the privately owned J. Safra Group), Switzerland
- **Head office:** Philip Heymans Alle 15, 2900 Hellerup, Denmark
- **Company register:** CVR 15731249 (Danish Central Business Register); Danish FSA licence no. 1149
### Business lines
- Brokerage
- Markets & trading
- Custody & securities services
- Other
The bank offers online trading and investment in stocks, ETFs, funds, bonds, options, CFDs, forex, futures and commodities, and supplies its platform to banks, brokers and other partners on a white-label basis.
### Online
- **Websites & references:** [home.saxo ↗](https://www.home.saxo/) [help.saxo ↗](https://www.help.saxo/) client help centre [Wikipedia ↗](https://en.wikipedia.org/wiki/Saxo_Bank) [Wikidata Q1325291 ↗](https://www.wikidata.org/wiki/Q1325291)
- **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/saxo-bank) · [X ↗](https://twitter.com/saxobank) · [Facebook ↗](https://www.facebook.com/saxobank) · [Instagram ↗](https://www.instagram.com/saxobank/) · [TradingView ↗](https://www.tradingview.com/broker/Saxo/)
Sources · 13 pages consulted
1. [home.saxo/](https://www.home.saxo/)
2. [home.saxo/about-us/investor-relations](https://www.home.saxo/about-us/investor-relations)
3. [home.saxo/about-us](https://www.home.saxo/about-us)
4. [home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details](https://www.home.saxo/legal/saxo-bank-licenses/saxo-bank-license-details)
5. [home.saxo/legal/payment-instructions/saxo-payment-instructions](https://www.home.saxo/legal/payment-instructions/saxo-payment-instructions)
6. [finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/jan/administrativt-boedeforelaeg-til-saxo-bank-as](https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/jan/administrativt-boedeforelaeg-til-saxo-bank-as)
7. [finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/feb/saxo-bank-hvidvaskomrdet\_150224](https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/feb/saxo-bank-hvidvaskomrdet_150224)
8. [home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-completes-the-acquisition-of-](https://www.home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-completes-the-acquisition-of-majority-stake-in-saxo-bank-02032026)
9. [home.saxo/content/commentaries/pr/press-release/changes-to-executive-team-board-of-management-and-b](https://www.home.saxo/content/commentaries/pr/press-release/changes-to-executive-team-board-of-management-and-board-of-directors-following-the-completion-of-j-safra-sarasin-groups-acquisition-of-a-majority-stake-in-saxo-bank-02032026)
10. [home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-to-acquire-remaining-stake-in](https://www.home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-to-acquire-remaining-stake-in-saxo-bank-with-kim-fournais-remaining-chairman-of-the-board-of-directors-06072026)
11. [fxnewsgroup.com/forex-news/retail-forex/danish-fsa-publishes-findings-of-saxo-bank-inspection/](https://fxnewsgroup.com/forex-news/retail-forex/danish-fsa-publishes-findings-of-saxo-bank-inspection/)
12. [cdn0.erstegroup.com/content/dam/cz/csas/tradergo\_cz/dokumenty/tradergo-seznam-korespondencnich-bank.pdf](https://cdn0.erstegroup.com/content/dam/cz/csas/tradergo_cz/dokumenty/tradergo-seznam-korespondencnich-bank.pdf)
13. [en.wikipedia.org/wiki/Saxo\_Bank](https://en.wikipedia.org/wiki/Saxo_Bank)
## Leadership
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/saxobank-a-s-saxodkkk#overview-sources)
- **Chief executive:**  Daniel Belfer CEO Confirmed 29 Sep 2026 · [home.saxo ↗](https://www.home.saxo/about-us/investor-relations)
- **Chair:**  Kim Fournais Founder and Chairman of the Board of Directors Confirmed 29 Sep 2026 · [home.saxo ↗](https://www.home.saxo/about-us/investor-relations)
- **Chief financial officer:**  Mads Dorf Petersen Chief Financial Officer Confirmed 29 Sep 2026 · [home.saxo ↗](https://www.home.saxo/about-us/investor-relations)
- **Executive:**  Henrik Juel Villberg Deputy CEO Confirmed 29 Sep 2026 · [home.saxo ↗](https://www.home.saxo/about-us/investor-relations)
- **Executive:**  Julio Cesar Carloto Chief Risk and Compliance Officer Confirmed 29 Sep 2026 · [home.saxo ↗](https://www.home.saxo/about-us/investor-relations)
## Supervisors & regulators
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/saxobank-a-s-saxodkkk#overview-sources)
- **Denmark:** Danish Financial Supervisory Authority (Finanstilsynet) Prudential supervisor AML supervisor Conduct Securities
- **Denmark:** Finansiel Stabilitet Resolution
## Recent events 3 enforcement or investigation items
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/saxobank-a-s-saxodkkk#overview-sources)
1. Jul 2026
Merger / acquisition
Bank J. Safra Sarasin agreed to buy Kim Fournais's remaining indirect stake of about 28.69% in Saxo Holding AG, subject to regulatory approval.
[home.saxo ↗](https://www.home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-to-acquire-remaining-stake-in-saxo-bank-with-kim-fournais-remaining-chairman-of-the-board-of-directors-06072026)
2. Jul 2026
Investigation
The Danish FSA published the findings of its March 2026 inspection and ordered the bank to strengthen its product governance.
[fxnewsgroup.com ↗](https://fxnewsgroup.com/forex-news/retail-forex/danish-fsa-publishes-findings-of-saxo-bank-inspection/)
3. Mar 2026
Merger / acquisition
J. Safra Sarasin Group completed its purchase of about 71% of the bank from Geely Financials Denmark, Mandatum and minority shareholders.
[home.saxo ↗](https://www.home.saxo/content/commentaries/pr/press-release/j-safra-sarasin-group-completes-the-acquisition-of-majority-stake-in-saxo-bank-02032026)
4. Mar 2026
Leadership
The bank appointed Daniel Belfer as CEO and Kim Fournais as chairman. The deputy CEO and COO and the chief risk and compliance officer left.
[home.saxo ↗](https://www.home.saxo/content/commentaries/pr/press-release/changes-to-executive-team-board-of-management-and-board-of-directors-following-the-completion-of-j-safra-sarasin-groups-acquisition-of-a-majority-stake-in-saxo-bank-02032026)
5. Jan 2026
Enforcement
The Danish FSA fined the bank DKK 313 million for customer due diligence and monitoring failures, including white-label clients, between 2021 and 2023.
[finanstilsynet.dk ↗](https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2026/jan/administrativt-boedeforelaeg-til-saxo-bank-as)
6. Feb 2024
Investigation
The Danish FSA published its May 2023 AML inspection report. It issued orders covering the bank's correspondent and white-label relationships.
[finanstilsynet.dk ↗](https://www.finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/feb/saxo-bank-hvidvaskomrdet_150224)
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, incidents, leadership changes, mergers and licence changes. Each links to its source.
## Identifiers
Head-office record
- **BIC:** SAXODKKKXXX
- **How the BIC breaks down:** 1. SAXO Bank 2. DK Country · Denmark 3. KK Location 4. XXX Branch · head office
- **Branch description:** Not recorded in the directory
- **LEI:** 549300TL5406IC1XKD09
- **LEI record:** [View on GLEIF ↗](https://search.gleif.org/#/record/549300TL5406IC1XKD09)
- **How the LEI was matched:** BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.
## Profile
- **Type:** Financial institution
- **Regulation:** Not on a tracked register
- **Register licences:** None matched by LEI in the 22 tracked registersThe tracked registers cover payment, e-money, crypto and money-service firms in 37 countries. Bank licences from national supervisors are not tracked.
- **Country · region:** Denmark · Europe & Central Asia
- **Trading venues (MIC):** [Operates MIC SXSI](https://elucidate.co/directory/saxobank-a-s-saxodkkk#markets) list of 2026-09-17
- **OFAC sanctions:** No listing cites this BIC
- **EU sanctions:** No listing matched this BIC or its LEI
- **Country sanctions:** No country programme
- **Founded:** 1992
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
No licence or registration was found for this entity on the 22 registers the directory tracks, or on the ECB and FSB bank lists. Most banks are licensed by national supervisors whose registers are not tracked yet. This does not mean that the institution is unregulated.
## Ownership and group
GLEIF relationship records
The Saxo Bank A/S group has 4 institutions in the directory, in 4 countries: all hold a BIC.
Including [Saxo Capital Markets UK LTD](https://elucidate.co/directory/saxo-capital-markets-uk-ltd-saxogb21).
[See the Saxo Bank A/S group →](https://elucidate.co/directory/group/549300TL5406IC1XKD09)
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
## Addresses
- **Registered address:** PHILIP HEYMANS ALLE 15 HELLERUP 2900 DENMARK
- **Operational address:** PHILIP HEYMANS ALLE 15 HELLERUP 2900 HELLERUP DENMARK
## ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- **Identified by:** BIC, with its LEI
- **Roles in CBPR+:** Any agent, including the instructing and instructed agents
### CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
```xml
SAXODKKKXXX
549300TL5406IC1XKD09
```
### Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
```xml
SAXODKKKXXX
549300TL5406IC1XKD09
SAXOBANK A/S
HELLERUP
DK
PHILIP HEYMANS ALLE 15 HELLERUP 2900
```
The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
## Payment schemes and systems
EPC registers of 2026-09-11 · ECB T2 list of 2026-07-02 · ECB TIPS list of 2026-09-01 · SIX Bank Master valid on 2026-09-28
| Scheme or system | Since | Registered with | Note |
| --- | --- | --- | --- |
| SEPA Credit TransferISO 20022 messages | 2024-08-09 | Head office | — |
| SEPA Instant Credit TransferISO 20022 messages | 2025-01-09 | Head office | — |
| Verification of Payee | 2025-10-05 | Head office | — |
| T2 (Eurosystem real-time gross settlement)ISO 20022 messages | — | Head office | — |
| TIPS (TARGET Instant Payment Settlement)ISO 20022 messages | — | Head office | — |
SEPA dates are when the institution became ready for the scheme. The T2 list names direct participants only and gives no joining date. TIPS entries have no joining date.
An institution missing from T2 may still be reachable through an indirect participant. The ECB’s TIPS list does not separate participants from reachable parties. It includes institutions reachable in Swedish kronor as well as in euro.
“ISO 20022 messages” marks a scheme or system whose rulebook or operator specifies ISO 20022 for messages between participants.
## Market identifiers
One trading venue or reporting service run under this LEI list of 2026-09-17
| MIC | Market | Kind | Category |
| --- | --- | --- | --- |
| SXSI | SAXO BANK A/S | Operating MIC | Systematic internaliser |
## Network
### Branches and correspondent banking
One branch BIC connects to the head office. The bank publishes 4 accounts at other banks, across 2 regions.
### Correspondent accounts
Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/saxobank-a-s-saxodkkk#overview-sources)
4 accounts at other banks, in 4 currencies, as the bank publishes them.
| Currency | Correspondent | BIC | Account | Purpose | Directory check |
| --- | --- | --- | --- | --- | --- |
| EUR | [Citibank N.A](https://elucidate.co/directory/citibank-n-a-citigb2l) United Kingdom | CITIGB2L | — | Commercial payments to client accounts; MT103 to CITIGB2L with MT202 cover via CITIIE2X | Matches the Swift directory |
| GBP | [Citibank N.A, London](https://elucidate.co/directory/citibank-n-a-citigb2l) United Kingdom | CITIGB2LXXX | — | Commercial payments to client accounts | Matches the Swift directory |
| HKD | [HSBC Limited Hong Kong](https://elucidate.co/directory/the-hongkong-and-shanghai-banking-corporation-limited-hsbchkhh) Hong Kong SAR China | HSBCHKHHHKH | — | Commercial payments to client accounts | Matches the Swift directory |
| HUF | [Citibank N.A, London](https://elucidate.co/directory/citibank-n-a-citigb2l) United Kingdom | CITIGB2LXXX | — | Commercial payments to client accounts | Matches the Swift directory |
The official 'Standard Settlement Instructions' PDF for commercial payments to Saxo Bank A/S is linked from the Payment Instructions page and dated 22 June 2023. The PDF could not be fetched (access denied). Only the four rows visible in the search-engine text of that document are extracted, so the list is incomplete. No account numbers are published: beneficiaries are identified by their Danish IBAN at SAXODKKK. The instructions are not for FX, money market or derivative settlement. An older, undated copy hosted by Česká spořitelna (cdn0.erstegroup.com) was retrieved. It lists correspondents for about 22 currencies, including a RUB account at Rosbank, and differs from the 2023 version (e.g. HUF via Deutsche Bank London instead of Citibank). It is treated as superseded and not extracted. Currencies not extracted here should be confirmed with the bank. Each correspondent BIC is checked against the Swift directory: a BIC missing from it, or registered to a differently named bank, may be a typo or out of date. Confirm settlement instructions with the bank before relying on them.
### Branch codes
| BIC | Branch | City | Address | LEI | Updated |
| --- | --- | --- | --- | --- | --- |
| [SAXODKKKEUR](https://elucidate.co/directory/saxobank-a-s-saxodkkk-eur) | BIC FOR EUR PAYMENTS IN T2S | Hellerup | PHILIP HEYMANS ALLE 15 HELLERUP 2900 HELLERUP DENMARK | — | 2021-11-20 |
[See every BIC in Denmark →](https://elucidate.co/directory/country/dk#bics)
## Related institutions
### Same legal entity
- [Saxo Bank A/S Branch In Finland BIC SAHFFIH2 Financial institution Not on a tracked register Finland · Not on a tracked register · LEI 549300TL5406IC1XKD09](https://elucidate.co/directory/saxo-bank-a-s-branch-in-finland-sahffih2)
- [Saxo Bank A/S, Organizacni Slozka BIC SAXPCZP1 Financial institution Not on a tracked register Czechia · Not on a tracked register · LEI 549300TL5406IC1XKD09](https://elucidate.co/directory/saxo-bank-a-s-organizacni-slozka-saxpczp1)
Other BICs mapped to the same LEI.
### Subsidiaries in the directory
- [Saxo Capital Markets UK LTD BIC SAXOGB21 Financial institution Not on a tracked register United Kingdom · Not on a tracked register · LEI 2138002TJAEVDAI8BF78](https://elucidate.co/directory/saxo-capital-markets-uk-ltd-saxogb21)
Entities that GLEIF records with this LEI as their direct parent.
### Same name, different BIC
- [Saxobank A/S BIC SAXODK23 Financial institution Not on a tracked register Denmark · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/saxobank-a-s-saxodk23)
### Largest institutions in Denmark
- [Velliv, Pension and Livsforsikring A/S BIC NLPLDK21 Financial institution Not on a tracked register Denmark · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/velliv-pension-and-livsforsikring-a-s-nlpldk21)
- [Nordea Investment Management AB Denmark Branch BIC NDEADKK3 Financial institution Not on a tracked register Denmark · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/nordea-investment-management-ab-denmark-branch-ndeadkk3)
- [Danske Bank A/S BIC DABADKKK Financial institution Not on a tracked register Denmark · Not on a tracked register · LEI MAES062Z21O4RZ2U7M96](https://elucidate.co/directory/danske-bank-a-s-dabadkkk)
- [Vp Securities A/S BIC VPDKDKKK Financial institution Not on a tracked register Denmark · Not on a tracked register · LEI 529900HDNBQ2DD0QHJ07](https://elucidate.co/directory/vp-securities-a-s-vpdkdkkk)
- [Danmarks Nationalbank BIC DKNBDKKK Financial institution Not on a tracked register Denmark · Not on a tracked register · LEI 549300AHYJ0OMBLIL335](https://elucidate.co/directory/danmarks-nationalbank-dknbdkkk)
- [Nordea Danmark, Filial Af Nordea Bank Abp, Finland BIC NDEADKKK Credit institution Prudential licence Denmark · On the ECB list of supervised entities · LEI 529900ODI3047E2LIV03](https://elucidate.co/directory/nordea-danmark-filial-af-nordea-bank-abp-finland-ndeadkkk)
- [Al Sydbank A/S BIC SYBKDK22 Financial institution Not on a tracked register Denmark · Not on a tracked register · LEI GP5DT10VX1QRQUKVBK64](https://elucidate.co/directory/al-sydbank-a-s-sybkdk22)
- [Kapitalforeningen Ld BIC DEPRDKK1 Financial institution Not on a tracked register Denmark · Not on a tracked register · No LEI mapped](https://elucidate.co/directory/kapitalforeningen-ld-deprdkk1)
[See every BIC in Denmark →](https://elucidate.co/directory/country/dk#bics)
Claim this profile
## Work at Saxobank A/S?
Claim this page to have it marked as verified by the bank, and to send us corrections. We verify every claim before anything changes on the page.
1. 01 **Submit** Tell us who you are, using your work email.
2. 02 **We verify** We check the email domain and confirm your role with the bank. This usually takes up to five business days.
3. 03 **Profile claimed** The page is marked as claimed and verified. You can send us corrections at any time.
Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
[Read the methodology →](https://elucidate.co/directory/methodology)
Credits for this page
- **Payment schemes and systems**—Source: European Payments Council (EPC) Registers of Participants; matched to BICs by Elucidate. Source: European Central Bank, List of T2 participants. Source: European Central Bank, List of TIPS participants and reachable parties.
- **Wikidata**—CC0, matched on the BIC or LEI recorded in Wikidata. It is community-edited, so check key facts.
- **Ownership and group**—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- **Overview, leadership, regulators and events**—researched per institution by an AI model with web search, from the institution's own website and reports, regulators, company registers and news. Figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- **European registers**—Source: European Central Bank (ECB), list of monetary financial institutions and list of institutions subject to minimum reserves. Source: European Securities and Markets Authority (ESMA), MiFID II/MiFIR register (investment firms, trading venues, systematic internalisers, data reporting services providers). Matched on LEI by Elucidate.
- **Images**—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: Unknown author · Public domain · [Wikimedia Commons](https://commons.wikimedia.org/wiki/File:SAXO-BeInvested-logo-blue.svg) · [original](https://thumb.wikimedia.org/wikipedia/commons/thumb/e/ef/SAXO-BeInvested-logo-blue.svg/330px-SAXO-BeInvested-logo-blue.svg.png?utm_source=commons.wikimedia.org&utm_campaign=imageinfo&utm_content=thumbnail); Daniel Belfer: [home.saxo](https://www.home.saxo/about-us/investor-relations) (official website) · [original](https://www.home.saxo/-/media/images/people/board-of-directors-images/daniel-belfer-v2.png?la=en&h=430&w=430&hash=483CA933D0CCE22AF27ED851556C4A9E); Kim Fournais: [home.saxo](https://www.home.saxo/about-us/investor-relations) (official website) · [original](https://www.home.saxo/-/media/images/people/et-profile-images/kim-fournais.png?la=en&h=400&w=400&hash=813F1AE6C8E664B6577196596A8329C6); Mads Dorf Petersen: [home.saxo](https://www.home.saxo/about-us/investor-relations) (official website) · [original](https://www.home.saxo/-/media/images/people/board-of-directors-images/mads-dorf-petersen.png?la=en&h=400&w=400&hash=B9BAB1A7F0AA1217653185E08F868B2D); Henrik Juel Villberg: [home.saxo](https://www.home.saxo/about-us/investor-relations) (official website) · [original](https://www.home.saxo/-/media/images/people/board-of-directors-images/henrik-juel-villberg-v2.png?la=en&h=424&w=424&hash=777EBCA8604649C0F8FB1B1E117546DF); Julio Cesar Carloto: [home.saxo](https://www.home.saxo/about-us/investor-relations) (official website) · [original](https://www.home.saxo/-/media/images/people/board-of-directors-images/julio-cesar-carloto.png?la=en&h=430&w=430&hash=CB9AE75E0840612040174FFF0E39F4B4).
## Assess the financial crime risk behind a BIC
A BIC identifies an institution; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks, built for correspondent banking and counterparty due diligence.
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Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.