SWIFT/BIC codes in Denmark

SWIFT/BIC codes in Denmark

Here you will find the SWIFT/BIC codes of 322 banks in Denmark. Each code identifies an institution or a specific branch or department.

Search for the recipient’s bank below and open its page to see all codes we have and the details a transfer needs. Further down we explain how codes from Denmark are built, how to send money there at a fair price and what to check before you pay.

Getting paid from abroad into an account in Denmark

To receive a transfer from abroad in Denmark, the sender needs not just the SWIFT code. Give them the account holder’s name, the IBAN or account number, the BIC of your bank and your address.

Look up your bank in the list above – your bank statement is the final word. Some sending banks may also want the name and address of your bank.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments differ per bank. For business payments, agree who bears the costs.

Sending money to Denmark for less

If you transfer money to Denmark via your bank, the fee you see is rarely all of what you pay. On top of the fee, correspondent banks may deduct a charge and, if currencies are converted, the bank usually uses a less favourable rate than the actual market rate.

That exchange rate margin is often the biggest cost item because it is hidden in the rate. Compare the bank’s rate with the mid-market rate that you find on financial sites.

Money transfer services frequently offer rates closer to the mid-market rate and lower fees. Before you send money to Denmark, take a minute to compare what arrives via GoldexPay.

Tracking a payment to Denmark

A SWIFT payment to Denmark typically takes one to a few business days, depending on the currency, the route and the banks involved. Payments made late in the day or on weekends and holidays usually go out a business day later.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR. Save the payment confirmation until the money has arrived.

How SWIFT codes from Denmark are built

Each SWIFT/BIC code has eight or eleven characters. It starts with a four-letter bank code, then two letters for the country and a two-character location code.

No matter which bank, all Denmark codes share the same fifth and sixth letters. When the country letters point to another country, the code belongs to a bank in another country, so check again.

The long version adds three characters for a branch – XXX stands for the head office. In most cases the head office code is what you need unless the recipient asks for a specific branch.

Paying in DKK: what conversion costs you

The local currency of Denmark is the Danish Krone (DKK). If you send money in a different currency, it gets converted somewhere along the way – by your bank, a bank in between or the recipient’s bank.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. In many cases it is cheaper to send DKK straight away through a provider with a good rate so the receiving bank does not need to convert again. Exchange rates change during the day – some providers let you lock in a rate.

Vp Securities A/S and its SWIFT codes

Of all banks we list for Denmark, Vp Securities A/S has the most SWIFT codes. The head office uses VPDKDKKKXXX – the code most transfers need.

The number of codes says something about how it registers branches and services than about how big it is. Making a payment to Vp Securities A/S? Go with VPDKDKKKXXX unless the recipient gives you a branch code.

SEPA transfers to Denmark

Denmark belongs to the SEPA area, where euro transfers follow common rules. For a regular euro transfer from another SEPA country, the IBAN is usually enough.

You will still need the BIC for non-euro payments or transfers from countries outside SEPA. Instant payments in euros have become widely available across SEPA – check whether your bank supports them. Fees are generally low as long as no currency is converted.

How reliable is this list?

Have the recipient copy the account details straight from a recent statement. If the code you have does not match our list, stop and ask.

We gather bank codes from public sources and check them from time to time. Still, banks merge, rename themselves or retire codes. For a payment that matters, confirm the code with the recipient’s bank. GoldexPay is an independent comparison site.

Fraudsters regularly send payment requests carrying new bank details that look completely genuine. A real SWIFT code tells you nothing about whether a request is genuine: criminals use real codes too.