BankID is a Norwegian electronic ID that enables people to identify themselves and sign documents online. All digital signatures created with BankID via Penneo Sign meet the eIDAS requirements for advanced electronic signatures and are legally binding.
What are the benefits of signing documents online?
More and more Norwegian companies are adopting electronic signatures to enhance security, boost efficiency, reduce costs, and offer a more modern customer experience. This shift not only streamlines workflows but also helps businesses meet the growing demand for secure and convenient electronic transactions.
Let’s take a closer look at the many advantages of digital signatures and see how they can benefit your organization.
Documents signed with BankID are legally binding
When you sign a document using BankID, you generate an advanced electronic signature that securely verifies the signer’s identity and preserves the integrity of the signed document. As a result, a digital signature created with BankID is legally binding and admissible as evidence in court.
In Norway, most types of documents can be signed using BankID. However, there are still certain situations where the law mandates a handwritten signature.
Signing with BankID improves efficiency
Collecting signatures from multiple signers in a specific order using traditional methods can be a lengthy process, often requiring printing, scanning, and mailing documents back and forth. This can take days or even weeks to complete. Digital signatures streamline this process, enabling documents to be signed within just a few hours.
In fact, 50% of all documents sent by Norwegian companies via Penneo Sign are fully signed by all parties in under 5 hours. With automation features and integrations with other software, you can eliminate manual tasks, reduce errors, and concentrate on high-value activities that drive your business forward.
Your clients can sign the documents at their own convenience
In today’s business landscape, convenience is key to success. Clients increasingly expect the ability to sign documents digitally using their BankID, as it’s far more efficient and quicker than arranging in-person meetings for signatures.
Failing to offer this digital signing option can often be a dealbreaker, potentially impacting your bottom line negatively. Providing your clients with the flexibility to sign documents at their convenience enhances the overall customer experience and helps retain business.
Sign documents online with BankID via Penneo Sign
Penneo Sign is one of the most trusted digital signature platforms in the Nordics. Over 2600 companies use Penneo Sign to automate their signature processes, provide a better customer experience, and ensure compliance with the eIDAS regulation and the GDPR.
With Penneo Sign, you get more than just BankID signatures — you get a complete solution that automates your signing workflows from start to finish. Here’s what Penneo Sign offers:
- Open API and prebuilt integrations: Connect Penneo Sign with your existing software to reduce manual work and improve efficiency.
- Advanced electronic signatures with BankID: Create Advanced Electronic Signatures (AdES) using BankID or passport (via Nets ID Verifier). An AdES provides a high level of security and legal validity, making it a reliable choice for digital transactions.
- Qualified electronic signatures with itsme®: Create QES using itsme®, a secure and widely recognized digital identity solution available in 16 countries, including Norway. A QES created with itsme® is legally equivalent to a handwritten signature under the eIDAS regulation
- Automated document routing: Ensure your documents are signed by the right people in the correct order through automated routing.
- Automated reminders: Schedule automatic email reminders to ensure that everyone signs the documents on time.
- Audit log: Every step of the signature process is recorded for transparency and business continuity.
- Dashboard: Track the status of your documents in real-time, whether they are pending, completed, or rejected.
- Secure data storage: All data stored in Penneo Sign is encrypted and can only be accessed by authorized people.
- Bulk signing: Sign multiple documents at once, streamlining the process for you and your clients.
- Access control: Restrict document access and signing to authorized individuals by enabling eID validation.
