Same in Norway. The purpose is to put the deposit into an interest bearing account in both the name of tenant and the landlord to prevent the deposit from bein

Same in Norway. The purpose is to put the deposit into an interest bearing account in both the name of tenant and the landlord to prevent the deposit from being stolen. Unfortunately, this catch-22 presents an undue hardship for new immigrants looking for either a place to live or a bank account. Reasonable landlords will hold the deposit in cash and give a receipt until the bank account can be obtained, but this is not strictly legal.