Scandinavia's largest bank has taken an important step toward letting its customers use their mobile phones to bank and invest in stocks.

Stockholm-based Svenska Handelsbanken AB last week began sending its financial advisers and selected customers stock market information on bank-provided Nokia Corp. smart phones. Handelsbanken plans to add account inquiries, bill payment, stock trading, and funds transfers to the service when it is made available to all of the bank's customers early next year. The system uses the Wireless Application Protocol, or WAP, industry standard.

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