Country topic

Business banking fees in Denmark

Snapshot

Danish business banking fees typically include a one time setup or opening fee and an ongoing monthly or annual account fee, plus charges for transfers and cards. Electronic money providers usually replace these with usage based fees. As of 19 May 2026.

Typical setup fee at large banks
Reported around 1,500 to 4,800 Danish kroner, varies by bank and package. As of 19 May 2026.
Typical ongoing fee at large banks
Reported around 139 to 299 Danish kroner a month, or an annual maintenance fee. Varies by package. As of 19 May 2026.
Fee free account common
No. Electronic money providers offer low cost plans instead. As of 19 May 2026.
Always
Confirm current fees with the provider.
Fees and features as of 19 May 2026Last reviewed 19 May 2026

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

Business banking fees in Denmark depend on whether you use a traditional Danish bank or an electronic money provider. Traditional banks usually charge a one time setup or opening fee and a monthly or annual account fee, plus charges for transfers and foreign currency. Electronic money providers that serve the European Economic Area, such as Wise Business and Airwallex, usually have no fixed monthly bank fee and charge usage based fees instead. Figures here are shown as of 19 May 2026. Verify current pricing with each provider.

How business banking fees work in Denmark

A Danish business account usually carries several fee types. Traditional banks charge a one time setup or opening fee when the account is created, then a recurring monthly or annual account fee. On top of that sit per transaction charges for transfers, telegraphic transfers, and cards, plus a foreign exchange spread on currency conversion. Electronic money providers price differently, often with no fixed monthly fee but usage based charges for conversions and transfers. As of 19 May 2026.

Setup and account fees at traditional banks

Third party guides report setup fees of roughly 1,500 to 3,000 Danish kroner and monthly fees of roughly 139 to 299 Danish kroner at Danske Bank, and an opening fee of roughly 4,800 Danish kroner with annual maintenance of roughly 1,980 Danish kroner at Nordea, as of 19 May 2026. These are reported estimates rather than figures confirmed on the bank pricing pages, so verify current pricing directly with each bank before you apply.

Electronic money providers and usage based fees

Electronic money providers that serve the European Economic Area usually charge no fixed monthly bank fee. Wise Business lists a one time setup fee, for example 50 euros for European Economic Area businesses, and then usage based charges for conversions and transfers, with conversion at the mid market rate plus a published fee. Airwallex lists plan based pricing where a monthly fee can apply unless balance or deposit thresholds are met, plus a foreign exchange spread of 0.5 percent above the interbank rate for major currencies. As of 19 May 2026. Verify current pricing with each provider.

Common Danish business banking fees

The fee types you are most likely to meet are listed below. The exact amounts vary by provider. Verify with the provider

  • Setup or opening fee, charged once when the account is created.
  • Monthly or annual account maintenance fee, sometimes waived above a balance threshold.
  • Transfer, telegraphic transfer, card, and foreign exchange charges, applied per use.

How to compare the fees

  1. List the fee types that apply to you, including setup, ongoing, transfer, card, and foreign exchange charges.
  2. Match those fees to how you will use the account, for example domestic transfers, foreign payments, or card spend.
  3. Confirm the current published fees with each provider before you open or fund the account.

Compare business accounts available in Denmark

These providers accept business customers in Denmark. Fees and eligibility shown as of 19 May 2026. Confirm current terms with the provider before applying.

Compare business accounts →

Questions about business banking fees in Denmark

How much does a business bank account cost in Denmark?
It varies. Traditional Danish banks typically charge a one time setup fee and a monthly or annual account fee, while electronic money providers charge usage based fees instead. Third party guides report setup fees of roughly 1,500 to 4,800 Danish kroner at large banks, as of 19 May 2026. Verify current pricing with the provider.
Are there free business bank accounts in Denmark?
A fee free traditional bank account is uncommon. Some electronic money providers offer low cost plans with usage based charges rather than a monthly fee. As of 19 May 2026. Verify with the provider.
What fees should I expect beyond the monthly charge?
Common extras include setup or opening fees, transfer and telegraphic transfer charges, a foreign exchange spread on currency conversion, and card or ATM fees. As of 19 May 2026. Verify the full fee schedule with the provider.
Do Danish banks charge for foreign currency payments?
Yes. Foreign payments usually carry a transfer fee and a foreign exchange spread that varies by currency and channel. As of 19 May 2026. Verify current foreign exchange pricing with the provider.

Fees, features, and eligibility change and vary by region. This page was last reviewed on 19 May 2026. Confirm current terms with the provider before applying.

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