Banknordik SWIFT/BIC code

BANODKKK – the SWIFT/BIC code of Banknordik

BANODKKK and BANODKKKXXX are the short and the long form of the same SWIFT/BIC code, and both lead to Banknordik in Copenhagen. Every bank on the SWIFT network uses these codes to direct international transfers to the right bank. You will need it mostly for payments that cross a border and payments in foreign currencies.

Further down we go through the practical side: money coming in from abroad, sending money abroad and how to verify the code before you hit send. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number is for.

Receiving money from abroad at Banknordik

A sender in another country needs a few details from you. What they need is: your name, account number or IBAN, BANODKKKXXX and, for some countries, your postal address.

The sender’s bank may also ask for the bank address of Banknordik, in which case the Copenhagen head office is the usual answer. A mistake in your account number can be harder to fix than it looks, so copy the details from your online banking.

The amount you receive can be less than the amount sent. Correspondent banks can take a fee, Banknordik may charge for incoming payments, and if the currency changes, an exchange rate margin applies. Agree with the sender who covers the fees, especially for larger amounts.

Paying Banknordik in euros within SEPA

Since Denmark is in SEPA, a euro payment into Banknordik from within the SEPA area normally only needs the IBAN. Many banks do not require the BIC for these payments or fill it in for you.

You still need BANODKKKXXX when sending non-euro payments or transfers from countries outside SEPA. If your banking app asks for the BIC regardless, adding BANODKKK does no harm.

Instant euro transfers are widely available within SEPA – whether Banknordik offers them for your account is worth checking. As long as no currency is converted, the transfer is cheap; costs rise once a conversion is involved.

When will the money arrive at Banknordik?

An international transfer typically needs one to a few business days. Payments made after the cut-off time or just before weekends and holidays often go out the next business day. Extra checks on larger or unusual payments can also cause some delay, even when all details are correct.

If the money seems delayed, contact your bank about the status. Keep the payment confirmation.

If a payment has not arrived after a few business days, the person who paid should start with the bank that sent it, not the receiving bank. As a recipient, it helps to check your account to see a slightly lower amount.

Danish Krone (DKK) and conversion costs

Most accounts at Banknordik are typically held in DKK, the national currency of Denmark. When you pay money in a different currency it gets converted somewhere along the way – by your bank, by Banknordik or by a bank in between. Every conversion costs the amount – usually through the rate rather than a fee.

Who converts the payment makes a difference, because each party uses its own rate. Check what DKK arrives via different services before choosing one.

The rate for DKK fluctuates throughout the day, so the amount you see is usually only valid for a short time. With bigger transfers, even seemingly small gap in the rate can be worth more than the fee.

Head office or branch code at Banknordik?

Banknordik uses 2 separate SWIFT/BIC codes. One of them is the head office code; the rest belong to branches.

In most cases you do not need to pick a branch: transfers sent to BANODKKKXXX reach Banknordik without problems. Just use a branch code when your contact explicitly asks for it, for example on an invoice or in their bank details.

The best way is to copy the code straight from the account holder’s invoice. Codes can change when banks reorganise, so a code from an old document is not always valid.

A note on our data

The details on this page are taken from publicly available data that we update regularly. It is possible that information here is no longer current after a merger or reorganisation. The number of codes on this page reflect our own data and not on information from Banknordik itself.

Use this page as a reference, rather than as the last word – the bank details from the recipient are leading. GoldexPay is a comparison service and not part of Banknordik. Should you notice a mistake, we welcome a message.

What the XXX in BANODKKKXXX means

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, a two-letter country code and a two-character location code. Together, these eight characters form BANODKKK, the code most people search for.

Many banks and apps work with either length. If yours requires eleven characters, use BANODKKKXXX; if it wants eight, use BANODKKK.

In practice the code is written in capitals, without spaces or dashes. A single letter may route the money to a different institution, so check it twice.

Paying someone abroad from your Banknordik account

When you transfer money to another country via Banknordik, the visible fee is rarely all of the cost. There is the transfer fee, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate when the money is converted.

The markup on the rate tends to be the largest cost because it is hidden in the rate. Compare their rate against the mid-market rate, the midpoint between buy and sell rates you see on financial sites; the gap is what conversion costs you.

Money transfer services often use rates closer to the mid-market rate and lower fees. GoldexPay compares what recipients receive across providers, so you can pick the cheapest route. You can always use your account at Banknordik as the source of the money.

How to check BANODKKK before you pay

The most reliable place for the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. Check that code against BANODKKK here and ask if anything does not match.

Mistakes in the SWIFT code tend to be annoying rather than disastrous: often the payment comes back, minus fees. An error in the account number can be more serious because it can reach the wrong person.

Most online banking apps validate the structure of IBANs and some suggest the matching BIC – that confirms the format, not the owner. If your bank offers it, a payee name check before sending adds extra certainty. For a first payment, many people start with a small amount first and wait for confirmation.

Watch out for payment fraud

Fraudsters often send payment requests containing changed bank details. A correct SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Check new bank details through a different channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for urgent requests, unusual wording or a sender address that is slightly off. Acted too fast? Call the bank you paid from without delay and have them start a recall.

Fraud also work the other way. Someone claims to have sent too much and asks you to return the extra to a new account. A payment confirmation from the sender is no proof.