SWIFT/BIC codes in Denmark: banks starting with U

SWIFT/BIC codes in Denmark

This overview lists 322 banks and other institutions in Denmark and 611 SWIFT/BIC codes between them. You will need a SWIFT/BIC code mainly when making international transfers, and especially for payments in foreign currencies.

Search for the bank you need in the list and click through to see the full list of codes. Below the list we explain how a code from Denmark is put together, how to send money to Denmark without overpaying and how to check a code before you pay.

Sending money to Denmark for less

The price of a payment to Denmark has more than one component, and the fee on your screen is only one of them. There is the transfer fee, sometimes fees from correspondent banks and, most importantly, the exchange rate markup if the money is converted.

That exchange rate margin tends to be the biggest part of the cost, even though it is not listed as a fee. An easy check: put the rate you get next to the mid-market rate and look at the difference.

Money transfer services often use a rate near the mid-market rate. Before you send money to Denmark, it is worth to compare what arrives via GoldexPay.

How reliable is this list?

Ask the recipient to copy the account details directly from a recent statement. A wrong code can cause delays, a returned payment or extra fees – compare it with the code in our list.

We collect SWIFT/BIC codes from public sources and check them regularly. Banks reorganise, change names and change codes, and no directory catches every change immediately. Use our data as a starting point: the bank details from the recipient come first. We are a comparison service and not part of any bank listed here.

Watch out for invoices with a new account, especially when they come by email. A real SWIFT code tells you nothing about whether a request is genuine – scammers use the codes of real banks.

Which bank in Denmark has the most codes?

Of the 322 banks in Denmark, Vp Securities A/S has the most SWIFT codes. Its head office code is VPDKDKKKXXX, which is the code to use when no branch is specified.

Practice differs in how many codes they register – a high count is not a measure of size. Paying someone at Vp Securities A/S? Go with VPDKDKKKXXX unless the recipient gives you a branch code.

Banks in Denmark beginning with the letter :letter

This filter limits the list down to banks from Denmark that begin with :letter. The totals mentioned here apply to every bank we list and not only this letter.

Cannot find the bank? Its official name may start with a different letter – think of the full legal name instead of the brand. Use the full list for Denmark when you do not know how the name is spelled.

Denmark and the Danish Krone

Denmark uses the Danish Krone. When you pay money in a different currency, the amount has to be converted at some point – by your bank, a bank in between or the recipient’s bank.

Where the conversion happens affects how much arrives, since every bank sets its own rate. In many cases it is cheaper if you send DKK directly via a provider with a good rate so the receiving bank does not need to convert again. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

Tracking a payment to Denmark

How fast money arrives in Denmark is determined by a few things: which currency you send, how many intermediary banks are involved, daily processing deadlines and time zones. Payments made after the cut-off time or on a weekend or public holiday usually go out a business day later.

When a payment takes longer than expected, ask the sender to contact their own bank – the receiving bank often cannot see a payment that has not arrived. Save your transfer receipt until the money has arrived.

Paying in euros to Denmark

Denmark is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a regular euro transfer within SEPA, the IBAN is usually enough and the BIC is often filled in automatically.

You will still need the BIC when sending payments in other currencies or transfers from countries outside SEPA. Instant euro transfers have become widely available across SEPA, though not every bank offers them for every account. Provided the payment stays in euros, a SEPA transfer tends to be cheap.

Receiving money in Denmark from abroad

If you expect a payment from another country on an account in Denmark, give the sender all details at once. In practice that means: your full name as your bank knows it, your IBAN or account number, the BIC of your bank and, often, your address.

Look up the bank in the list above. Some banks also ask for your bank’s address.

Expect that the amount credited is below the amount on the sender’s receipt. Fees for incoming transfers differ from bank to bank; check the price list of your bank. For business payments, state who bears the costs.

The structure of a Denmark SWIFT/BIC code

SWIFT/BIC codes use one international format: 8 characters plus an optional three-character extension. It starts with a four-letter bank code, followed by two letters for the country and two characters for the location.

You can recognise a code from Denmark from letters five and six. When those two letters do not match Denmark, the code belongs to a bank in another country.

The last three characters, if present, stand for a specific branch; XXX is used for the head office. For most transfers the head office code is what you need.