🇩🇰 Denmark · Business Banking
Opening business and personal bank accounts, remote options, required documents, and fees.
Quick answer
Danish banking is highly digital and built around the CPR number and MitID digital ID. Foreigners need a CPR number, a valid ID and address registration to open an account, then set up a NemKonto for salary and public payments. Finanstilsynet supervises banks.
Banks are supervised by the Danish Financial Supervisory Authority (Finanstilsynet); deposits are protected by the Danish guarantee fund. A company needs its CVR number to open an account.
- Deposits are protected by the guarantee fund up to the standard EU limit.
- Opening a business account generally requires the CVR number and owner ID.
- Denmark is part of the SEPA area; the currency is the Danish krone.
Step-by-step
- 1
Get your CPR number
The CPR (civil registration) number, obtained from your municipality after registering your address, is required to open an account.
- 2
Set up MitID
With a CPR number and a valid ID you get MitID, the national digital ID used for banking and public services.
- 3
Choose a bank
A major bank (Danske Bank, Nordea, Nykredit, Jyske Bank) or a Nordic digital option; you generally verify your identity in person for the first account.
- 4
Gather your documents
CPR number, a valid passport or ID, proof of address and (for non-EU nationals) a residence permit.
- 5
Open the account and assign a NemKonto
Activate the account, then assign it as your NemKonto (the public "Easy Account") for salary, tax refunds and public payments; set up SEPA and MobilePay.
Checklist
- CPR (civil registration) number
- Valid passport or ID
- Proof of address (address registration)
- Residence permit (non-EU nationals)
- CVR number + owner ID — business accounts
Official authorities
- Danish FSA (Finanstilsynet)
Financial supervisory authority.
Frequently asked questions
Do I need a CPR number to open a Danish bank account?
Yes — a CPR number (from registering your address with your municipality) is required, along with a valid ID; you then set up MitID for digital banking.
What is a NemKonto?
Your designated "Easy Account" that public authorities use for salary, tax refunds and benefits; you assign an ordinary Danish account as your NemKonto, usually via MitID.
Official-information aggregation, not legal advice. Always verify on the authority's own site.