What is BankID and how does it work? 21 January 2020 11:09 Updated BankID is a secure Nordic electronic verification solution, making the online signup process smooth and hassle free. Please note that, as a Scandinavian product, BankID is currently only available to Norwegian and Swedish citizens. Related articles What is my Tax Identification Number/TIN? Can you provide trading advice? Do you accept clients from my country? Glossary Payment methods Comments 0 comments Article is closed for comments.