IBAN in Denmark

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Denmark ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Denmark?

IBAN in Denmark consists of 18 characters:

  • 2 letter country code
  • 2 digit check number
  • 4 characters from the bank's bank code
  • 10 digit code for the bank account number

Already have an IBAN code?

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IBAN example in Denmark DK5000400440116243
IBAN in print format DK50 0040 0440 1162 43
Country code DK
Check digits 50
Bank code 0040
Bank account number 0440116243

Do you need an IBAN in Denmark?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Denmark, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

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Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

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Sending 1,000.00 AUD withRecipient gets(Total after fees)Transfer feeExchange rate(1 AUD DKK)
WiseCheapest4,087.29 DKKSave up to 288.84 DKK5.47 AUD4.10977
Remitly4,071.32 DKK- 15.97 DKK1.49 AUD4.07739
National Australia Bank4,005.06 DKK- 82.23 DKK0.00 AUD4.00506
ANZ3,979.17 DKK- 108.12 DKK9.00 AUD4.01531
OFX3,968.14 DKK- 119.15 DKK15.00 AUD4.02857

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