Book-entry account


Free-of-charge book-entry account for all customers aged under 26 and owner-customers

Open a book-entry account and invest in equities without monthly charges. From now on, the saver’s and investor’s service packages linked to the book-entry account are free for all customers aged under 26. From now on, OP cooperative bank’s owner-customers get not only the saver’s service package but also the investor’s service package free of charge.

The free-of-charge investor’s service package includes securities custody in the book-entry account. It also includes equity and market analyses, market monitoring tool and the first level real-time price data

Open a book-entry account and the service package or edit your current service package here
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Transfer custody

You can transfer your custody (Finnish equities) to OP Financial Group free of charge.

What is a book-entry account?

A book-entry account is an account for managing and storing electronic securities, such as shares and bonds. When investors buy book-entry securities, they do not receive any physical share certificate, promissory note or other security paper, but ownership is recorded directly in the book-entry account. In other words, the book-entry account is an electronic custody account for securities.

Information recorded in the book-entry account includes the owner of the book-entry securities in the account, the number of book-entry securities and their type. Account details also specify the rights and limitations of the owner of book-entry securities. 

Book-entry account is essential for many investors

A book-entry account is like a bank account and subject to register confidentiality. However, only securities can be kept in a book-entry account. That means you cannot deposit money into a book-entry account and so cannot withdraw money from it or use it to pay bills. 
In addition to a book-entry account, you will also need a separate common bank account into which possible dividends can be paid. It will also be used for other money transfers related to stock transactions and possible service fees.

At the end of each year investors will receive an account statement of their shareholdings and returns, such as dividends. This information is needed for taxation purposes. Tax authorities will automatically receive information on investments, but it is advisable to also check this information yourself. 

It is not necessary to automatically keep all securities in the book-entry account. However, the custody of and trading in stocks of listed companies always take place specifically in the book-entry account. Some unlisted companies also have transformed their shares into book-entry securities, in which case they must be kept in the book-entry account. 

How to open a book-entry account

If you already use OP eServices, you can open a book-entry account and securities custody easily by yourself on OP eServices by selecting one of the investment service packages: the Saver’s package or the Investor’s package. 

Our services for stock investors consist of two packages depending on trading activity. Both of them automatically include securities custody and a book-entry account. Both service packages also include extensive, high-quality Finnish equity research services.

Select the Saver’s service package if you trade less actively and if comprehensive, high-quality basic services are sufficient for you. The saver's service package is free of charge for owner-customers. 

If you trade on a weekly basis or so or wish to track the stock market in real time, we recommend the extensive Investor’s service package. If you wish, you can supplement this package with more extensive real-time market information than included in the standard package at an additional fee.

If you do not yet have an OP eServices agreement, please contact your nearest OP cooperative bank, our telephone service or leave us a contact request, so that we can get back to you as soon as possible. 

If your securities custody is transferred to OP from another custodian, please be prepared for a break of five weekdays in your stock trading.

Make the most of the benefit and start investing in stocks

As an owner-customer, it is easy to begin investing in stocks by activating the free saver’s service package.

In addition to the free saver’s service package, owner-customers are entitled to other benefits in stock trading. Owner-customers are automatically upgraded to the second fee level, where the trading fee is 0.17% of the transaction price, or a minimum of 7 euros per completed transaction.

In addition, as an owner-customer, your maximum fee for trading in Finnish equities via the book-entry account is 1% via the book-entry account.

List of charges and fees for book-entry account

Learn about the book-entry account charges and fees.

Equity savings account or book-entry account?
Have you thought of which account should be chosen for investment: an equity savings account or book-entry account?
International equity investment
More options. You will have thousands of shares from 15 different market venues around the world available to you along with over 2,000 ETF’s.

Stock investment services are provided by OP cooperative bank. Please note that investment always involves risks. The value of investments can rise and fall, and an investor can lose part or all of the money they invest.