Info Hub: Cross-border merger between AirPlus International and SEB Kort  

The cross-border merger is planned to be completed on 3 August 2026.

Apart from the transfer of the agreement to SEB Kort Bank AB, no changes will be made to the existing agreements. From 3 August 2026, SEB Kort will assume full legal responsibility for its performance. There is no need to sign any additional document or amendment to the current agreement.  

SEB Kort will create branches in the jurisdictions where AirPlus International GmbH currently has branches.

As from the merger date, your contracting party will be SEB Kort Bank AB.

The new branch names will be confirmed once approved by the respective authorities. 

Please find below a list of the current branch names. The new branch names will be added gradually once confirmed. 

There are no changes to the company names of the AirPlus International subsidiaries in Italy, Switzerland, the UK, and the U.S.. They will keep their current names and registration numbers.

In all other countries where SEB Kort Bank AB does not have a branch or a subsidiary, the contracting party will be SEB Kort Bank AB, and your payment products will be issued by the German branch: SEB Kort Germany, Branch of SEB Kort Bank AB.

The legal entity is SEB Kort Bank AB, which will be the contracting party for all agreements. Products licensed in Germany and offered locally or on a cross-border basis will be issued by the German branch, SEB Kort Germany, Branch of SEB Kort Bank AB.

Our new D-U-N-S number will be 317209606

When AirPlus International GmbH is merged into SEB Kort Bank AB and subsequently dissolved, its former subsidiaries will become direct subsidiaries of SEB Kort Bank AB. They will continue to exist as separate legal entities, just as they are today in relation to AirPlus International GmbH, with their current name and registration number.  

Here's an overview of the AirPlus subsidiaries:

The bank accounts held by AirPlus International will be changed to the new company name. The beneficiary will be SEB Kort Germany, Branch of SEB Kort Bank AB.

The account number will stay the same and SEPA Core Direct Debit mandates will remain active.

However, the creditor ID* will be changed. Customers have to inform their bank about the change of the creditor ID to avoid any rejections of SEPA B2B Direct Debits by their bank.

After the merger, the new creditor ID will be SE24ZZZ5565746624.

* The creditor ID is a unique identifier that confirms SEB Kort Germany is an authorized SEPA creditor. It allows the customer’s bank to recognize the legitimate party permitted to collect payments from the customer’s bank account via SEPA direct debit. The creditor ID is electronically shared between SEB Kort Germany and the customer’s bank and is also included in the SEPA mandate signed by the customer.

Our new VAT ID will be: DE463428253. 

Our new HRB number will be: HRB 58992. 

You can find an extract from the commercial register (in German) here. A notarized English version is available here.

 You can verify the validity of our new VAT-ID on the official website of the European Comission by entering the country (Germany) and VAT-ID (DE463428253)  

A creditor ID is a unique value which identifies SEB Kort Germany as the entitled and authorized (SEPA) creditor.

The creditor ID allows the customer’s bank to recognize the legitimate party permitted to collect payments from the customer’s bank account via SEPA direct debit. The creditor ID is electronically shared between SEB Kort Germany and the customer’s bank and is also included in the SEPA mandate signed by the customer. 

No, there is no planned changes to the customer service contact details following the merger. You can continue to find support via our Support Pages.

You can find an extract from the commercial register (in German) here. A notarized English version is available here.

Our new D-U-N-S number for SEB Kort Germany, Branch of SEB Kort Bank AB will be 317209606

Yes, your contract will be transfered to the new legal entity, SEB Kort Bank AB, as is. All terms and conditions will remain valid and unchanged.

No, you will not need to sign or accept new terms & conditions. Your contract will be transferred to the new legal entity, SEB Kort Bank AB, as is. All terms and conditions will remain valid and unchanged.

No, you do not need to update or change your card anywhere. Your current corporate card, including card number, CVV, and expiry date, will remain the same.

No, there are no changes planned to your current credit line or liability model. This will remain as is following the merger.

 The legal issuer of your corporate card will be the legal successor of the current issuer, meaning the legal entities and subsidiaries after the legal merger. For customers of AirPlus International GmbH, SEB Kort Germany, Branch of SEB Kort Bank AB will become the contractual issuer. 

From 3 August, all data included on the invoices will reflect the new legal setup. This means that the invoice will be issued by SEB Kort Germany, Branch of SEB Kort Bank AB. 
When you make a payment, please ensure that you address the payment to SEB Kort Germany.

If you settle your AirPlus Corporate Card statements (Type 2 or Type 3 cards), your SEPA Direct Debit mandate will remain valid. However, we recommend that you inform your bank about the new beneficiary name, SEB Kort Germany, Branch of SEB Kort Bank AB, as this may be relevant to your bank.

The change of the creditor ID only impacts SEPA B2B direct debits, which are set up between two companies rather than with private individuals.

If your company settles your corporate card statements (Type 1 card), they will inform their bank about the changes as necessary. There is no to-do for you as a card holder.

If you don't have a SEPA direct debit mandate and you settle your invoices for your AirPlus Corporate Card manually, you will need to update the beneficiary name to the new company, SEB Kort Germany, Branch of SEB Kort Bank AB, as of 3 August when making or authorizing payments to us.

The issuer name is generally not included in any authorization message. However, if the merchant accesses the official Mastercard issuer lookup service, they will see the changes.

No, there are no interruptions foreseen. You corporate card will continue to work with your current card number and PIN.

The change only applies from the merger date onwards (3 August). We recommend changing the master data as soon as possible after the official merger date, though this can be done before if you will not be using it before the merger date.

Existing SEPA direct debit mandates will remain valid after the merger. SEB Kort Bank AB is the legal successor of AirPlus International GmbH, which includes all contacts as well as the mandates.

However, the creditor ID* will be changed.

If you have an existing SEPA B2B direct debit mandate, you must inform your bank about the change of the creditor ID to avoid any rejections of the direct debits. This needs to be done on 3 August 2026 as doing so prior to this may cause disruption to your payments.  

Please note that this does not affect existing SEPA Core direct debits. However, we recommend that you still inform your bank about the change of beneficiary name.

After the merger, the new creditor ID will be SE24ZZZ5565746624. 

* The creditor ID is a unique identifier that confirms SEB Kort is an authorized SEPA creditor. It allows the customer’s bank to recognize the legitimate party permitted to collect payments from the customer’s bank account via SEPA direct debit. The creditor ID is electronically shared between SEB Kort and the customer’s bank and is also included in the SEPA mandate signed by the customer.

Although your SEPA Direct Debit mandate will remain valid after the merger, some banks may ask you for an official document confirming that SEB Kort Bank AB will be the legal successor of AirPlus International GmbH. 

Please find here the official statement in English and German, signed by our CEO Mads Krumhardt-Enggren, with all details and changes that may be relevant to your bank to confirm the validity of your SEPA Direct Debit mandate.

Official Statement in English and German

No, there will be no changes to the product offering as a result of the legal merger. 

No, your AirPlus Corporate Cards for your cardholders will remain valid and there will be no changes to the card numbers or PIN. Upon the regular card renewal after the expiration date, the AirPlus Corporate Cards will reflect the new issuer name.

Yes, you will continue to receive your invoices via the AirPlus Portal. The process will remain unchanged. 

The formatting of eBilling, data feeds, and reportings will not change. However, there will be changes to the company details, such as our new company name. In some ebilling formats, the VAT ID is shown. This will be automatically updated following the merger.

If any changes apply, they will be made available on this page.

The new company name will be included in e-billing and TEM files as of 3 August 2026.

After the company merger, you will receive invoices from the German branch. The invoices will include a German VAT ID number and show input tax (VAT).

 Our new VAT ID will be: DE463428253 

If you have an AirPlus payment product, this will still be serviced from Germany via the Germany branch. Your service contact will remain as is.

The product offering, including its availability in countries where AirPlus does not have a local legal entity (branch or subsidiary), will remain unchanged following the legal merger.

Your payment products will be issued by the German branch: SEB Kort Germany, Branch of SEB Kort Bank AB.

From 3 August onwards, please ensure that all payments are addressed to the new branch in Germany: SEB Kort Germany, Branch of SEB Kort Bank AB.

There is no legal requirement to update documents issued before 3 August 2026, they remain legally valid, even if they contain AirPlus International GmbH.

However, any documents issued after 3 August 2026 should contain SEB Kort Bank AB instead of AirPlus International GmbH. The legal name of each subsidiary (in Italy, the UK, US, and Switzerland) will not change. 

Vendor tool letters will be available on 3 August. Bank confirmations will be requested following the name change and will be made available as soon as our banks have completed the name change in their systems. Unfortunately, we cannot confirm the date as this is dependent on the banks.

If you create a new vendor ID for our new entity, you can request to receive updated AP files that reflect this and other corresponding changes by reaching out to timde@airplus.com with the details. Please note that this information will not be updated automatically.

There is no grace period for accepting invoices issued under the old company name. Once the merger has been completed, all invoices must be addressed to the new company name and include the updated VAT ID.

If this is not the case, a corrected invoice will be required, which may result in delays in payment.

The supplier agreements with AirPlus International in the UK, US, Switzerland, and Italy remain unchanged.