What is the local currency?
Danish Kroner (DKK)
What denominations does it come in?
Coins: DKK 0.50, DKK 1, DKK 2, DKK 5, DKK 10 and DKK 20. Banknotes: DKK 50, DKK 100, DKK 500, DKK 1000
What is the best way to exchange currency?
At the bank or at FOREX
What are commonly-used forms of payment for everyday purchases (such as groceries)?
Cash and with a credit card.
Will I be able to use my credit card around town? If not, list when I’ll need cash.
Credit cards are accepted almost everywhere. Cash will be needed for payments of small amounts i.e. when using public transport.
By what method are bills (such as rent and utilities) paid?
Common method of payment is called "Betalingsservice", or payment via Internet banking.
What are the requirements for opening a bank account? At what stage of the settling-in process should I open it?
You would need your ID card, passport, residence permit and proof of employment.
Will foreign residents be able to find banking services in their native languages?
Danish is the general language used. In some cases, you may obtain information in English.
Are there any restrictions on services for those who are new to your country?
Generally no, but it also depends on what services you need.
What are typical banking hours?
Monday to Wednesday and Friday between 9.00am and 4.00pm. Thursdays from 9.00am to 6.00pm.
Are automatic teller machines (ATMs) available around the clock?
Yes they can be found all over Copenhagen.
Is there any other money information that might help me?
In some stores, Euro can be used as currency; however change will be made in DKK. It is always good to have some cash for urgent situations but in general, credit cards are accepted everywhere.
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Crown Relocations has made every effort to present accurate information. However, regulations, rates and other variables are subject to change and Crown Relocations cannot accept responsibility for the errors that might result. Please contact your closest embassy or consulate for confirmation.