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Denmark

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA DENMARK PAYOUT450001

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Danish Krone (DKK).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for DKK transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Danish business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA KRONE
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (DKK)DKK 350,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or DKK).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
1A.P. MOLLER-MAERSKAPMMDKKK
2ABN AMRO ASSET MANAGEMENT FONDSMAEGABKFDKK1
3ABN AMRO ASSET MANAGEMENT LIMITEDAASMDKK1
4ABSALON CAPITAL FONDSMAEGLERSELSKABABAKDK21
5ACCUNIA FONDSMAEGLERSELSKAB A/SACFDDKK1
6AGRI - EGENS SPAREKASSEAGESDK21
7AKTIESELSKABET NORDFYNS BANKNSBKDK21
8AKTIESELSKABET NORDFYNS BANKNSBKDK2B
9AKTIESELSKABET SCHOUW AND CO.AKSHDK22
10ALM. BRAND BANK A/SHEBODK21
11ANDELSKASSEN FAELLESKASSENFAELDKK1
12ANDELSKASSEN OIKOSANOKDK21
13AP PENSIONAPPNDKK1
14ARBEJDERNES LANDSBANK A/SALBADKKK
15ARBEJDSMARKEDETS TILLAEGSPENSIONATPDDK22
16ARLA FOODS AMBAARDADK21
17BANKING CIRCLE DENMARKSXPYDKKK
18BANKNORDIKBANODKKK
19BASISBANK A/SISNKDKK1
20BESTSELLER A/SBESTDK22
21BETRI BANKI P/FEIKBFOTF
22BI ASSET MANAGEMENT FONDSMAEGLERSELBIAMDKKK
23BI ASSET MANAGEMENT FONDSMAEGLERSSKBIAMDKK2
24BI MANAGEMENT A/SMAGGDKK1
25BIL DANMARK, FILIAL AF BANQUE INTERBOLEDKK1
26BIL DANMARK, FILIAL AF BANQUE INTERPHBSDKK1
27BLS CAPITAL FONDSMAEGLERSELSKAB A/SBLCFDK22
28BNP PARIBAS S.A. DENMARK, FILIAL AFFTSBDKKK
29BORBJERG SPAREKASSEBOBJDK21
30BUNKER HOLDING A/SBUHODK22
31C WORLDWIDE ASSET MANAGEMENT FONDSMCARNDK22
32CAPITAL FOUR AIFM A/SCFAIDKK1
33CAPITAL FOUR MANAGEMENT FONDSMAEGLECFMFDKK1
34CARLSBERG A/SCARWDKK2
35CARLSBERG BREWERIES A/SCARWDKK1
36CARNEGIE INVESTMENT BANK, DKCARNDKKK
37CITIBANK EUROPE PLC DENMARK BRANCHCITIDKKX
38CLEARHAUS A/SCLEHDK21
39COOP BANK A/SFDDDDK21
40COPENHAGEN INFRASTRUCTURE IV K/SCPIFDKK2
41CREDIT AGRICOLE CORPORATE AND INVESBSUIDKKK
42DANISH CROWN A/SDACWDK22
43DANMARKS NATIONALBANKDKNBDKKK
44DANMARKS NATIONALBANKDKNBDKKC
45DANMARKS NATIONALBANKDKNBDKKD
46DANMARKS SKIBSKREDIT A/SSKIBDKK1
47DANSK O.T.C FONDSMAEGLERSELSKAB A/SDAOFDK21
48DANSK SUPERMARKED A/SDASKDK21
49DANSKE ANDELSKASSERS BANK A/SDANBDK22