Housing Association
Have a look at our guide to establishing and running a housing association, as well as the services we offer.
Have a look at our guide to establishing and running a housing association, as well as the services we offer.
Have a look at our guide to establishing and running a housing association, as well as the services we offer.
All housing associations need an ID number. You can go directly to step 2 if you already have an ID number. If you do not have an ID number, then you must apply for one at RSK, see more on the RSK website. (Icelandic)
The following list gives a comprehensive overview of the documentation you will need to provide.
See list (Icelandic)
The Treasurer submits original forms and provides official ID. The Treasurer and Chairman must both provide scanned images of their ID for the Bank's database or provide electronic ID online.
A homeowner with more than 25% ownership of the property must also provide scanned ID or prove his or her identity with an electronic ID.
We offer access to an online banking service specifically tailored to the needs of residents and associations. You can perform all the main actions that the treasurer of a housing association might need.
A power of attorney must be submitted with the Board's signature and minutes if other members of the board need access to the online bank.
The role of a Treasurer can vary.
The Treasurer must, among other things:
Housing associations must hold a legally convened general meeting (with at least 8 and at most 20 days' notice) once a year. Confirmation of elected members must be provided at these meetings, despite the fact that no changes have been made to the Housing Association's board. The original must be received by the Bank, with a copy of the signed minutes.
Our Housing Association Service ensures the efficient collection of claims and interest, saving the housing association both time and added costs.
Do you need help? This information might help. If you need further assistance, then you can chat with us via the online chat or call us.