SWIFT/BIC codes in Denmark: banks starting with G

Finding a SWIFT code in Denmark

In Denmark we have 611 SWIFT/BIC codes, spread over 322 banks. You need such a code mainly for international transfers, and especially for payments in foreign currencies.

Look for the bank you need below and click through for all codes we have. The sections below covers how the codes work, the cost of transfers and the checks worth doing before you send money.

How reliable is this list?

The safest source for the BIC is the recipient’s own bank details. An incorrect BIC can cause delays, a payment being sent back or extra fees – compare it with the code in our list.

This list is compiled from publicly available sources. Even so, banks merge or retire codes, so information can be out of date. Before a payment of any size, confirm the BIC with the recipient’s bank. GoldexPay is not a bank.

Be wary of payment requests containing changed bank details, especially when they come by email. A real SWIFT code tells you nothing about whether a request is genuine.

Paying in euros to Denmark

Within the SEPA zone, euro transfers to Denmark follow common rules, so the IBAN does the job in most cases. A field for the BIC is often optional in that case.

You will still need the BIC for non-euro payments or transfers from countries outside SEPA. Instant euro transfers are widely available within SEPA. Provided no conversion is involved, a SEPA transfer is usually inexpensive.

Banks in Denmark starting with :letter

This filter narrows the list to banks from Denmark that begin with :letter, so you can find a bank faster. The figures for Denmark mentioned here cover all 322 banks and not only this letter.

Some banks appear under their official name, so the letter can differ from what you expect. Try the full list for Denmark if you do not know the exact name.

Sending DKK to Denmark

The local currency of Denmark is the Danish Krone (DKK). Money sent in a different currency is converted into DKK on its way to the recipient – and the bank that does it picks the rate.

Which bank converts the money makes a difference: every bank has its own margin. In many cases it is cheaper to send DKK straight away via a provider that converts near the mid-market rate. Exchange rates move all the time, so a quote is usually valid only briefly.

Vp Securities A/S and its SWIFT codes

Of the 322 banks in Denmark, Vp Securities A/S has the most SWIFT codes. The head office of Vp Securities A/S has VPDKDKKKXXX and that code covers most payments.

A large number of codes often means separate codes for branches, departments or services, not necessarily that the bank is the biggest in the country. Paying someone at Vp Securities A/S? Go with VPDKDKKKXXX unless a specific branch code is requested.

What the letters in a Denmark BIC mean

A BIC is 8 or 11 characters long. Characters one to four identify the bank, the fifth and sixth characters form the country code and characters seven and eight mark the location.

For banks in Denmark, characters five and six are the ISO country code of Denmark – that is the quickest way to spot one. If those two letters point to another country, the code belongs to a bank somewhere else, so check again.

The optional last three characters identify a branch or department; XXX is used for the head office. Choose a branch code just when the recipient explicitly gives you one – otherwise stick with the head office.

Sending money to Denmark for less

An international bank payment to Denmark can cost rather more than the fee suggests. Besides a fixed fee, intermediary banks may take a cut and, if currencies are converted, the bank usually uses a less favourable rate than the real market rate.

The real cost is often in the rate, not in the fee – the bank builds a margin into its rate. An easy check: put the offered rate next to the mid-market rate and work out the difference on your amount.

Specialised transfer providers frequently offer a rate near the mid-market rate with clearer fees. GoldexPay compares transfer services next to each other so you can see what actually arrives in Denmark for the same amount sent.

Receiving money in Denmark from abroad

When you are waiting for money from abroad on an account in Denmark, send the payer everything they need in one go. That means: your name as your bank knows it, your account number or IBAN, the BIC of your bank and, often, your address.

Your bank’s code is in our list, yet the version on your own statement or in your banking app is leading. Some sending banks also want the name and address of your bank; it does no harm to include it.

Expect that the incoming amount is smaller than what the sender paid. Fees for incoming transfers differ from bank to bank. Agree with the sender who covers the fees.

Tracking a payment to Denmark

There is no fixed answer for payments to Denmark: many land the same day or the next. Transfers sent late in the day or just before weekends and holidays often start a business day later.

If a transfer is delayed, the sender should contact their own bank for a trace – the receiving bank often cannot see a payment that has not arrived. Specialist transfer services often provide a status in their app.