Compare the best Danish bank accounts for expats. From digital neobanks to Denmark's largest traditional banks. Updated March 2026.
Tax note for Denmark: Denmark may apply negative interest on large deposits. Interest income is taxed as capital income at rates between 27% and 42%. The Danish deposit guarantee covers up to DKK 750,000 per person per institution.
Our pick for Denmark
Wise — Real exchange rate, no hidden fees
Trusted by 16M+ people worldwide. Send, spend, and receive in 40+ currencies at the real mid-market rate. Multi-currency account with local bank details in 10+ countries. No monthly fees.
We evaluated banks available to expats in Denmark based on monthly fees, card costs, ATM networks, foreign exchange markups, ease of account opening, and app quality. Danish banks require a CPR number (personal identification) for full account access. Wise and Revolut can be opened without a CPR.
What to look for as an expat in Denmark
CPR number -- You need a CPR (Central Person Register) number for most Danish bank accounts. Apply at your local International House or Borgerservice after registering your address.
NemID/MitID -- Denmark's digital identity system is required for online banking, tax filing, and government services. You get MitID through your Danish bank.
MobilePay -- Denmark's dominant mobile payment app, similar to Swish. Requires a Danish bank account and CPR number. Widely used for everything from splitting bills to paying at shops.
Dankort -- The Danish debit card system. While international cards are widely accepted, some smaller shops may only accept Dankort. Danske Bank and Nordea provide Dankort cards.
Nearly cashless -- Denmark is highly digital. Card and MobilePay payments are accepted almost everywhere.
Calculate your Denmark salary first
Know exactly how much you take home after Danish income tax before deciding how to manage your money.