Nets Denmark A/S SWIFT/BIC code

Nets Denmark A/S SWIFT code: PBSEDK21

The 8-character code PBSEDK21 and the 11-character code PBSEDK21XXX refer to one and the same institution: Nets Denmark A/S in Ballerup, Denmark. The code has a single purpose: it ensures that money from abroad reaches the right bank. In practice you mostly come across the code on international invoices, in payment forms and in the bank details of Nets Denmark A/S customers.

We wrote this page to help people who receives money at an account at Nets Denmark A/S. The SWIFT code on its own cannot identify an individual account holder; that is what the IBAN or account number .

Scams that use SWIFT codes

Fraudsters often use fake invoices containing changed bank details, sometimes in an email that looks completely genuine. The fact that PBSEDK21 exists is no guarantee that the account is legitimate – fraudsters use real bank codes as well.

Always verify changed bank details through a phone call. Pressure and requests to keep it quiet tend to be red flags; a genuine business can wait for you to check. Already paid? Contact the bank you paid from without delay and ask them to try to recall the payment.

Recipients are targeted too: one known trick is a buyer who pays too much and then sends a request to send back the difference to another account. A payment confirmation from the sender is no proof; only your own account shows what has arrived.

Head office or branch code at Nets Denmark A/S?

Having 2 codes, Nets Denmark A/S is one of the banks that use individual codes for parts of the organisation and departments. The head office code remains PBSEDK21XXX.

For most incoming transfers, the head office code PBSEDK21XXX is what you need. Just use a branch code when the recipient gives you that exact code, for example on an invoice or in their bank details.

The safest route is to copy the code straight from the account holder’s statement. Codes for branches are more prone to change than PBSEDK21XXX when a bank merges or closes offices.

Danish Krone (DKK) and conversion costs

Most accounts at Nets Denmark A/S are usually held in DKK, the national currency. Money sent in a different currency will be exchanged into DKK before it reaches the account. There is rarely a separate charge for that conversion.

Which bank converts the money makes a difference. Sending the money directly in DKK usually prevents an extra conversion – as long as your own rate is good.

The DKK rate fluctuates throughout the day. On larger amounts, a seemingly small gap in the rate adds up quickly.

How long does an international transfer to Nets Denmark A/S take?

A SWIFT payment usually needs anywhere from one to several business days, depending on the currency, the route and the banks involved. Bank holidays in either country can add extra days, since banks do not process on those days. Sometimes a bank wants to know what the payment is for.

Many banks are connected to SWIFT gpi. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show tracking online showing how far the money is.

Only the sending bank can start an official trace. Request from the sender the payment receipt; that often settles the question quickly.

Euro transfers to Nets Denmark A/S: is a BIC needed?

Within the SEPA zone, euro payments to Nets Denmark A/S follow the same rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

You still need PBSEDK21XXX for non-euro payments or money from outside the SEPA area. A few forms also ask for the BIC out of habit; in that case, fill in PBSEDK21 or PBSEDK21XXX.

Euro payments within SEPA normally land within one business day. Provided the payment stays in euros, the transfer is cheap.

What the XXX in PBSEDK21XXX means

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. In this case, that core is PBSEDK21.

XXX at the end of PBSEDK21XXX does not stand for a placeholder or an error: it stands for the main office of Nets Denmark A/S. Certain payment forms ask for 11 characters, and then you simply add XXX after PBSEDK21.

Do not add spaces or dashes when you enter PBSEDK21. Look out for O versus 0 or I versus 1; they are easy to mix up.

How to check PBSEDK21 before you pay

The most reliable source for a SWIFT code is the recipient’s own bank details. If the code you have differs from PBSEDK21 or PBSEDK21XXX, do not guess: check with the recipient or with Nets Denmark A/S directly.

An incorrect BIC may lead to a delay, a returned payment or extra fees for investigation. Remember the account number: a mistake there is harder to undo than a wrong code.

A validity check in your banking app merely tells you that the code is valid. If your bank offers it, a name check before sending gives extra certainty. For a first payment, many people start with a small test amount before sending the rest.

A note on our data

We collect SWIFT/BIC codes from public sources and update them regularly. Even so, banks merge, rename themselves or change codes and our data may lag behind. The number of codes we show reflect what is in our directory and not on information from Nets Denmark A/S itself.

See the information here as a handy check and rely on the recipient or Nets Denmark A/S for the final confirmation. GoldexPay has no connection to Nets Denmark A/S; we are a comparison site for money transfers. Spotted an error? Tell us via our contact form and we will look into it.

International transfers from Nets Denmark A/S: the real cost

If you transfer money to another country via Nets Denmark A/S, the fee you see is only part of the cost. On top of the transfer fee, banks in between can take a cut, and if the money changes currency the bank usually uses a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert at a rate that includes a margin. An easy check: set the bank’s rate against the mid-market rate and look at the difference.

For a lot of routes, a specialist provider turns out to be cheaper than a traditional bank transfer. Before your next transfer, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can always keep your account at Nets Denmark A/S to fund the transfer; only the conversion and sending happen elsewhere.

Incoming international payments to Nets Denmark A/S

When you expect money from abroad, give the sender a complete set of details. Share your name as the bank knows it, your account number or IBAN, SWIFT code PBSEDK21XXX and your address.

Some banks also ask for the bank’s address in Ballerup. A mistake in the IBAN can be more trouble than you might think, so copy the details from your online banking.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Fees for incoming transfers differ from bank to bank. On invoices, you can state how the fees are split, so that nobody is left short.