Oh, what a joyful day now that the bank has sorted things out and the balances are showing correctly again, I can go back to investing foolishly.
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Situation update: The power of social media and the Inderes forum! Today, suddenly, without a separate notification, I received information that the restrictions on my account have now been removed. Unfortunately, during this journey, I lost faith, hope, and love. And trust that things can be handled reasonably with Mandatum.
I’ve tried to browse through this thread, but I didn’t immediately find an obvious answer: what would be a good and suitably low-cost place for my semi-active investment portfolio? It needs to be a corporate client account; apparently, not many new-generation brokers offer this.
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One would think that for everyone, things work by default nowadays. I have Danske and it has never really had any disruptions and works smoothly. It’s cheap too.
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Mmm.. 
. As far as I know, the monthly client fee is a minimum of 26 e/month, and this doesn’t even include a book-entry account. Of course, this isn’t for the penniless, but I am still looking for a more cost-effective solution.
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It doesn’t cost that much; it used to be 6 €/month, and you get that back when you pay for purchases with Mastercard, meaning there’s a refund. Now there’s a private agreement which is 150 €/year, but it includes some other benefits, such as lounges, etc. Purchases for all markets are 0.12% with a minimum of 5 €, meaning practically up to 4500 euro stock purchases, it’s always that 5 €. In my opinion, it’s a suitable price, and there are probably cheaper options, but if you don’t make tens or hundreds of trades, it doesn’t matter. The most important thing is that it works well on mobile and online. One would think this works for everyone. Regarding children, there’s also experience with OP, and that has also worked well the one time it was used. Once a Danske account was opened, I haven’t even bothered to think about switching. There’s also some benefit through the Central Federation of Stock Investors, but it’s probably easiest to have it with the same bank where daily banking is done.
Are you absolutely sure you are talking about business customer prices? If so, is it a limited company, a partnership, or another type of entity you are referring to? The experience you describe sounds very much like personal customer benefits (and pricing).
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Any idea why Nordnet’s search no longer finds the German-listed version of foreign stocks? Bug or are these being removed from Nordnet’s selection?
A link to the page can still be found by Googling, but it cannot be found with Nordnet’s search.
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Did Nordnet’s linked account disappear for others too? It feels shady and annoying to set it up again.
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I think my Nordnet completely crashed. On mobile, it doesn’t open, but gets stuck on the logo screen when launching.
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This seems to be a known issue affecting some users: Nordnet-sovellukseen kirjautuminen ei onnistu | Nordnet
Did Nordnet’s linked account disappear for others too? Feels shady and annoying to re-create it.
Apparently, my linked account information also shows as empty, at least on mobile… I don’t even remember when I last withdrew money from Nordnet, so I have no idea how long it’s been like this.
Here’s the message Nordnet sent me on May 20th: “We have strengthened the security of the process related to linking a counter-account.
Thanks, that’s probably the explanation. However, I haven’t received any such message myself, nor could I find it in the message archive, at least not within the last year. 
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Here is the message Nordnet sent me on May 20: “We have strengthened the security of the process related to linking a counter-account. The main goal of this change is to better protect our customers from fraud. Before making your next withdrawal, you will be asked to link your counter-account, which is in another bank, in accordance with the updated security procedures. You can do this under Link counter-account, where you can also see the status of your counter-accounts (Confirmed/Unconfirmed). Please note that withdrawals can only be made to confirmed counter-accounts.”
The missing account on your end is likely due to this as well.
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Same for me, meaning no message, but the counter-account is gone.
This was discussed in some FB investment group, meaning they have removed/are removing duplicate listings and are keeping the main market. Someone in the group had received the following answer from NN:
In the future, we will primarily offer the possibility to buy according to the main listing of the stock, i.e., in these cases, in the USA. For this reason, these stocks have also been completely removed from the Nordnet service’s Search field.
This is due to the following:
The liquidity of the shares is significantly higher in the main listing of the share
For parallel listings of US companies, the German tax authority does not comply with the tax treaty between Finland and the USA regarding dividends but levies a 30% withholding tax on dividends
Recently, it has been more the rule than the exception that companies delist parallel-listed shares from Xetra.
Existing holdings can, of course, be kept in the portfolio and can also be sold if desired.
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Well, it certainly shouldn’t hold true. But I can’t say for sure myself, as I don’t own any dividend payers bought from the German stock exchange.
Yes, it might be true in Nordnet:
“Please note that the above does not apply if the share is listed on a market other than its home market, i.e., a so-called dual listing. For example, if you own a share of a US company listed on the German market, dividends received from that share are generally subject to German withholding tax, i.e., 30%.”
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Oh man, I wish we had technology in the year 2025 where dividends could be paid all at once, regardless of stock exchange and country, and the source tax according to the tax treaty could be directly withheld in all situations, so no one would have to apply for incorrectly collected taxes back.
We can fly to the moon, and with satellites and atomic clocks, a person can be located with an accuracy of a couple of meters, but one darn source tax just doesn’t work 
And there doesn’t seem to be a desire to harmonize the system to make that possible.
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Indeed, one can wonder why current IT/AI technology cannot achieve better results; in addition to dividend tax, there are many other issues related to stock market activities.
While waiting for tax treaties to be observed, Finland could reform dividend taxation so that a uniform and final withholding tax would be levied on all dividends paid by listed companies. When even free riders paid the tax, the current tax revenue could be achieved with a lower tax. The work of the tax withholder would also be simplified regarding the withholding, as merely sending it to the tax authority would suffice. There would be no need to check any register to see if the dividend recipient’s information is scarce, a little more, or complete.
Here is a draft for a legal clause: The currently valid withholding tax shall be levied on the dividend of a listed company. The Finnish Tax Administration shall not levy any other tax on the dividend.
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Because the operators of the systems (states) certainly benefit from significant sums every year in taxes that they don’t bother to collect back. Nothing is a better reason not to change the current state than that correcting the issue would mean the state receives less money.
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I’m not taking a stand, but this is a direct quote from Nordnet’s website.
Are others having problems seeing the stocks in their Nordea account?
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