Is OFX available for business in Denmark?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 20 June 2026
Availability

OFX for business in Denmark: Available with limits

Key eligibility
A business registered in Denmark that passes identity and business verification. OFX serves the European Economic Area, which includes Denmark, through OFX Payments Ireland, an electronic money institution regulated by the Central Bank of Ireland.
Non resident position
The account follows the country of business registration. A Denmark registered company can apply. OFX is a foreign exchange and payments provider rather than a local Danish bank, so it does not replace a domestic current account.
Local currency support
Euro with local account details, plus the ability to receive, hold and convert 25 or more currencies through the Global Business Account. Local Danish krone account details are not issued, so verify with the provider.
Headline monthly fee
No fixed monthly account fee on the Global Business Account as published. OFX earns mainly through the margin on currency conversion. Confirm the current schedule with the provider.
Availability and fees as of 20 June 2026Last reviewed 20 June 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Yes, with limits. OFX serves the European Economic Area, which includes Denmark, through OFX Payments Ireland, an electronic money institution regulated in Ireland and passported across the European Economic Area. A company registered in Denmark can use OFX for international payments and a multi currency Global Business Account, though OFX is a foreign exchange and payments provider rather than a local Danish bank.

Does OFX serve business customers in Denmark?

Yes, within limits. OFX is a global money transfer and payments business that established its European headquarters in Dublin and operates through OFX Payments Ireland, an electronic money institution authorised by the Central Bank of Ireland and passported across the 30 European Economic Area states. Denmark sits inside that footprint, so a business registered in Denmark can open an account, send international payments in more than 50 currencies and use a multi currency Global Business Account. OFX is a payments and foreign exchange specialist rather than a deposit taking bank, so it is best seen as a complement to a local Danish current account rather than a replacement for one. As of 20 June 2026.

Eligibility for businesses in Denmark

OFX onboards businesses registered in Denmark that complete verification on the company and the people who control it. You will typically provide proof of registration, such as a CVR extract from the Danish Central Business Register, identity documents for directors and beneficial owners, and information on your expected activity and payment flows. Some business types are not supported and individual applications can be declined after review. The OFX Global Currency Account is no longer offered to new business clients, but the Global Business Account remains available. Verify with the provider

What it costs locally

OFX publishes no fixed monthly account fee on the Global Business Account and earns mainly through the margin applied to currency conversion, with the rate depending on the currency pair and amount. There may be charges on some payments depending on the route and destination bank. The euro account is built for the European payment area, so confirm whether inbound wires from outside it and any Danish krone handling are supported before relying on them. Confirm the current schedule for your account with OFX. As of 20 June 2026

What local users report

Businesses in Denmark that trade across borders use OFX mainly for international supplier payments and for collecting foreign revenue, for example online sellers and companies invoicing clients abroad. Reported themes include competitive conversion rates and the support of a dealer for larger transfers, alongside the verification depth at onboarding. As of 20 June 2026, confirm the current position with the provider before relying on it.

How to open OFX for business in Denmark

  1. Confirm your Denmark business registration and gather your CVR extract and identity documents for directors and beneficial owners.
  2. Register online with OFX and complete verification, which is handled through OFX Payments Ireland for European Economic Area businesses.
  3. Once approved, set up the Global Business Account, add the currency accounts you need and begin sending or collecting international payments.
Open with OFX →

Questions about OFX in Denmark

Is OFX available for business in Denmark?
Yes, with limits. As of 20 June 2026 OFX serves business customers in the European Economic Area, which includes Denmark, through OFX Payments Ireland, an electronic money institution regulated in Ireland. A company registered in Denmark can open an account for international payments and multi currency holdings. OFX is a payments and foreign exchange provider rather than a local Danish bank. Verify the current position with the provider. This is general information, not advice.
Who can open an OFX account in Denmark?
A business registered in Denmark that passes verification on the company, its directors and its beneficial owners. You provide proof of registration, such as a CVR extract, identity documents and details of your expected payment activity. Some business types are not supported and applications can be declined after review. Confirm your eligibility with the provider. As of 20 June 2026.
Does OFX support the Danish krone?
OFX provides a euro account with local details and lets you receive, hold and convert 25 or more currencies in the Global Business Account. Whether it issues local Danish krone account details is unclear, so as of 20 June 2026 confirm the current currency list and any limits with the provider.
How much does OFX cost in Denmark?
OFX publishes no fixed monthly account fee on the Global Business Account and earns mainly through the margin on currency conversion, which varies by currency pair and amount. Some payments may carry a charge depending on the route. Check the current schedule with the provider, as of 20 June 2026.

Availability, fees, and eligibility change. This page was last reviewed on 20 June 2026. Confirm the current position with OFX before applying.

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