Which bank is best in Denmark?
Matthew Barrera
Updated on March 31, 2026
Best Banks in Denmark
- Arbejdernes Landsbank.
- Danske Bank.
- Handelsbanken.
- Nordea Bank Danmark.
- Nykredit.
Can foreigners open a bank account in Denmark?
Can Foreigners Open a Bank Account in Denmark? Not just anyone can open a Danish bank account. To be eligible, you need to be a resident of the country (staying in Denmark for at least three months and having a residence permit or EU residence document).
What is needed to open a bank account Denmark?
What do you need to open a bank account in Denmark?
- Photo ID—This can be a passport or a national ID card.
- CPR number (CPR-nummer or personnummer)—A unique ten-digit personal identification number for all people living in Denmark.
What does it cost to live in Denmark?
What are general living expenses like in Denmark?
| Total living expenses in Copenhagen | Average cost |
|---|---|
| 1 person, per month (without rent) | DKK7,409.90 |
| 4 person family, per month (without rent) | DKK26,540.16 |
| Utilities, basic, for 85m² apartment | DKK1,434.32 |
Do you need a Danish bank account to work in Denmark?
Open a Danish bank account – when working in Denmark. When you start working in Denmark, you should open a Danish bank account in order to be paid, as your Danish employer usually cannot pay your salary into a Swedish account. Do it as soon as possible so you can get your salary.
How do I start a business in Copenhagen?
If you want to start your own business, you have to register your company with the Danish Commerce and Companies Agency. This must be done no later than eight days before you start any dutiable activities. Register your business online at virk.dk (in Danish).
How much money do I need to live comfortably in Denmark?
A rough estimate of your overall monthly living costs in Denmark would amount to 750 – 900 EUR monthly. Living in Copenhagen is more expensive than in the smaller cities, and may go as high up as 1200 EUR/month. You may be able to keep your costs lower at around 650 EUR/month if you plan to live in a smaller town.
What is considered a good salary in Copenhagen?
A person working in Copenhagen typically earns around 43,500 DKK per month. Salaries range from 11,000 DKK (lowest average) to 194,000 DKK (highest average, actual maximum salary is higher). This is the average monthly salary including housing, transport, and other benefits.
How do I pay my Danish bill?
Paying your bills Most Danish bills have pre-printed payment slips attached. You can pay your bill at your bank, through online banking, or at a post office. Note that post offices and banks charge a service fee of no less than DKK 20 per over-the-counter payment.
Do I need a Danish bank account?
When you start working in Denmark, you should open a Danish bank account in order to be paid, as your Danish employer usually cannot pay your salary into a Swedish account. Do it as soon as possible so you can get your salary. It is important that your bank account is a NemKonto.
Top 10 Banks in Denmark
| Rank | Bank | Balance Sheet |
|---|---|---|
| 1 | Danske Bank | 06/2019 |
| 2 | Nykredit Group | 06/2019 |
| 3 | Nordea Danmark * | 12/2018 |
| 4 | Jyske Bank | 06/2019 |
Can I open a bank account in Denmark without CPR?
In most cases, you will not be able to open a bank account without a CPR number. Proof of address in Denmark—Banks will usually accept utility bills (no more than three months old), a rental contract, or your health insurance card as proof of address.
A photo ID, like a valid passport; A CPR (the ten digit unique number of identification which is issued for all Danish residents) number; Proof of address in the country; An employment contract, if the person in question is working in Denmark.
Is Denmark expensive to live?
Denmark is an expensive country – but the standard of living is among the highest in the world. A rough estimate of your overall monthly living costs in Denmark would amount to 750 – 900 EUR monthly. Living in Copenhagen is more expensive than in the smaller cities, and may go as high up as 1200 EUR/month.
Can you have 2 bank accounts in Denmark?
No matter how many bank accounts you set up in Denmark, at least one has to be designated as your Nem Konto. This type of account is linked to your CPR number and it is through it that you receive government payments such as tax refunds, benefits, prescription subsidies, pensions, etc.
