Your Business Account in Denmark 🇩🇰

Yes, foreigners can generally open a business bank account in Denmark. However, specific requirements and procedures may differ depending on the bank. It is advisable to contact the chosen bank directly for accurate information.

Like most European countries, Danish banks will have specific requirements for non-resident customers due to Know Your Customer (KYC) regulations and anti-money laundering measures. To successfully open an account, be ready to provide proof of identification, local business registration, proof of address and additional documents at their request.

The time required to open a business account in Denmark can vary depending on several factors, including the bank you choose and the completeness of your documentation. On average, it may take a few days to a couple of weeks to complete the necessary paperwork, undergo any required due diligence checks, and have the account fully set up. However, the exact time frame can vary among different banks.

To open a business bank account in Denmark, you generally need identification documents, proof of business registration, company documents, proof of address, and potentially additional information such as financial statements, business contracts, or references from existing banks depending on your chosen bank requirements and the complexity of your business.