Kvika terms and regulations

New customers must fill out the  Form on Measures to Prevent Money Laundering and Terrorist Financing. If customers intend to trade in securities, they must also fill out the form  Information relating to the Act on Securities Transactions, no. 108/2007 (MiFID).

General business terms



Legal entities


E-mail disclaimer

Please notice that e-mail messages from Kvika and any attachments thereto are intended only for the person or entity to which they are addressed. The information contained in e-mail messages from Kvika and their attachments may be confidential in nature and fall under a pledge of secrecy and the attorney-client privilege. Any use by a party other than the addressee or addressees is prohibited.

Recording of telephone calls, storage of data

In the interests of the security of our clients and the Bank, and as a means of correcting potential misunderstandings, the client is aware that all business telephone calls to the Bank may be recorded without explicit statement of this fact each time. The same applies to conversations through Office Communicator.

Telephone recordings are made in accordance with authorisations contained in the Electronic Communications Act, no. 81/2003.

The client is aware that such recorded conversations may be submitted in evidence during the course of legal proceedings and/or used as evidence in other circumstances in the event of a dispute regarding the substance of communications between the contracting parties; e.g., as regards the conditions and/or execution of a transaction. In other respects, the Bank shall treat recorded telephone conversations in the same way as other information subject to confidentiality pursuant to Articles 58-60 of the Act on Financial Undertakings, no. 161/2002.  

All data, of any type whatsoever, containing information on clients' transactions and the execution of such transactions are preserved at the Bank for at least five years.

Kvika is not liable for any transactions undertaken on the basis of information from this website.