Every tenant is personally responsible for paying their rent. The rent must be paid in advance by the 5th of each month with a personal rent payment form provided by PSOAS.

Your monthly rent includes water, electricity, Wifi, furniture and bed linen. The rent is determined by the PSOAS Board of Directors and the University of Oulu. The calculation of the rent is based on the actual operating costs. Apartments of exchange students are typically empty during the summer months and this idle cost is taken into consideration in the rent calculation.

The rent is paid monthly, starting from the month you have made the agreement for housing. Please notice that the rent is always paid for the whole month regardless of the date of arrival or the date of departure. The rent bill and instructions for paying are sent to you by email before your arrival. The rent bill includes all the necessary information you need for paying the rent. You can pay all the rents at once or pay one per month. PSOAS has to receive the full amount mentioned in the bill so if you pay internationally, remember to make sure that the payment is a “full amount payment”. All bank fees must be paid by the tenant as well.

Instructions for paying the rent

You can choose to make an international bank transfer or use Transfermate, an online money transfer service. All the information you need for the payment is provided on a separate rent payment form (attachment) that will be sent to you after you have signed the tenancy agreement.

International bank transfer

Please use the details provided on the rent payment form. If you are unsure how to make the payment please ask your bank office for assistance.

Online money transfer via Transfermate

Please note!

PSOAS bank accounts

BANK’s nameIBAN (account number)BIC
Oulun OsuuspankkiFI15 5741 3620 0685 41OKOYFIHH
Danske BankFI32 8000 1500 9075 72DABAFIHH
HandelsbankenFI89 3131 3001 1378 01HANDFIHH
NordeaFI41 1585 3000 0198 64NDEAFIHH

Use reference number

Please use your personal rent reference number provided on the rent payment form when paying! Using the reference number is crucial for registration of payments. Please notice that the rent reference number is different than the reference for the deposit. The reference number is person- and apartment-specific and it prevents errors. If you do not use the right reference number or inadvertently leave it out, your payment cannot be identified. As a result, we think you have not paid your rent.

Pay the rent in time

Due date for the rent is always the 5th of each month. If you cannot pay the rent in time please contact us as soon as possible. PSOAS and the universities have the right to terminate the tenancy agreement after only one unpaid rent and can ask you to leave the flat immediately without giving a term of notice first.

Please notice that PSOAS does not send any confirmations about received rent payments and doesn’t need any receipts of them unless requested. As long as you use your personal rent reference number, the payments will register automatically. If you are ever unsure if the rent payment has arrived, you may ask us to check of course.

Problems with paying?

If you are unable to pay your rent in time, please contact us.