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Business Accounts for Foreign Companies in Denmark (2026): Requirements, Options and Costs

Need Danish business payment details but do not live in Denmark? A foreign-owned Danish company and an overseas-incorporated company are not the same case. This guide explains which account routes may be available, what documents providers request, how Denmark’s basic business-account rules work, and when OneMoneyWay may be worth exploring.
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  • Last reviewed 25 October 2026
  • By the GlobalBusinessAccounts team
  • Checked against official sources.
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At a glance: OneMoneyWay in 2026

  • Question
  • Practical answer
  • Can a non-resident owner apply?
  • Yes, applications are possible, but approval is not guaranteed.
  • Must the company be Danish?
  • Not for every payment platform; conventional banks assess each case.
  • Danish CVR number
  • Normally needed for a Danish-registered company or branch; not automatically required for every overseas company using a cross-border platform.
  • OneMoneyWay company eligibility
  • UK- or EEA-incorporated businesses, subject to onboarding and risk review.
  • OneMoneyWay advertised local details
  • DKK account/IBAN and Danish registration and account numbers, subject to approval.
  • OneMoneyWay is a bank?
  • No. Regulated financial services are delivered by partners.
  • NemKonto
  • Requires separate confirmation or application; never assume compatibility.
  • Banking protection
  • Protection depends on the regulated provider; e-money safeguarding is not the same as deposit insurance
  • Our assessment
  • Worth comparing for international payment needs; less suitable when you require lending or a full-service traditional bank

OneMoneyWay: potential advantages

  • Specifically markets a Danish DKK account with local registration and account numbers in the business name. [2]
  • Advertises online account applications and support for eligible EEA- and UK-incorporated companies. [2][4]
  • Offers virtual corporate cards, invoicing tools and multiple account options at higher plan levels. [3]
  • Focuses on international payments and currency services rather than being a conventional bank. [2]

OneMoneyWay: limitations

  • Not a deposit-taking bank; services are provided via regulated financial partners. [3][4]
  • Public plan prices are indicative, and a local Nordic account surcharge is advertised separately. [3]
  • Setup, usage and foreign-exchange charges require a quote for the individual business. [4]
  • Local account details do not by themselves prove NemKonto, Betalingsservice or every Danish payment rail will work.

Key takeaways

  • The residence of the owner, the residence of the director, and the company's country of incorporation are three separate questions.
  • Danish banks can consider foreign-owned companies, but their onboarding requirements may be extensive. A particular bank is not obliged to approve every applicant.
  • Denmark's statutory right to a basic business account is limited by conditions that include a Danish registered address and a locally resident director or other qualifying person. An overseas company should not assume it has that right.
  • OneMoneyWay advertises a Danish DKK account and local registration/account numbers without a Danish residency requirement, but currently says it supports companies incorporated in the UK or EEA only.
  • A local DKK payment account is not automatically a deposit-taking bank account, a NemKonto, a source of credit, or confirmation of every Danish payment-scheme feature.

1. Which type of foreign company are you?

The most important first step is to identify your exact company situation. The answer affects whether you need a CVR number, which documents are relevant and which institutions are likely to review your application.
Business situation Main considerations Practical route to investigate
Danish ApS with owners abroad Danish company and CVR; owners or directors may live outside Denmark. Ask Danish banks about onboarding and separately assess digital payment providers.
Registered Danish branch of foreign company Parent company's documents, branch registration, Danish activity and signatory powers. Confirm branch eligibility with each bank or payment provider.
UK company trading with Denmark UK incorporation, customer/supplier flows and local-payment needs. Compare UK-capable providers advertising DKK local details; OneMoneyWay says UK companies may qualify.
EEA company trading with Denmark Home-country registration, business model and beneficial owners. Compare cross-border providers alongside any Danish banking options.
Company incorporated outside UK/EEA The incorporation location may exclude some platforms. Seek written eligibility confirmation; OneMoneyWay does not currently advertise onboarding for this category.
A company can have customers in Denmark without being registered there, but that does not settle questions of taxation, permanent establishment, registration duties or eligibility for a particular account. Obtain Danish legal or tax advice when those issues arise.

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2. Can a foreigner open a Danish business bank account?

Potentially, yes. Danish citizenship or personal residence is not, by itself, the same as company-account eligibility. A licensed bank will want to know where the business is formed, why it needs Danish banking services, who controls it and how the account will be used.

An existing Danish company with international owners may be assessed differently from a foreign-incorporated entity with no Danish operations. Banks may ask for a substantial business explanation, translations, ownership charts, contracts and additional identification. 

Important: the statutory basic business-account right has narrower rules. According to the Danish Financial Supervisory Authority, eligibility generally requires a business established at an address in Denmark and at least one director resident in Denmark. Where there is no board of management, alternative conditions apply involving qualifying owners or managers resident in Denmark. The bank must still carry out the required anti-money-laundering checks. [1] 

The law requires relevant institutions to open a qualifying basic business account or refuse a complete application within 10 working days. This is a decision deadline, not a promise that every application must be accepted. [2] 

Do not confuse this business entitlement with the separate rules for consumers’ basic payment accounts. 

3. Three practical account routes

Route A — Traditional Danish banks   Consider a Danish bank if your company needs a conventional deposit account, a broad local banking relationship, credit products or access to specific Danish payment functions. Providers to investigate include Danske Bank, Nordea and Jyske Bank.

Potential advantages

  • Conventional banking services and potential access to financing, subject to approval.
  • Local banking infrastructure and established domestic payment arrangements.
  • Eligible deposits may be protected under the relevant deposit guarantee scheme.

Potential limitations

  • Extra scrutiny when owners, directors or operations are abroad.
  • Account opening fees, subscription fees and transaction charges.
  • Some applications require substantial local-business documentation.

There is no reliable single published acceptance rate for foreign-owned applications; ask each institution for current eligibility criteria.

Route B — Online financial platforms with Danish local account details

OneMoneyWay offers a different route: it advertises a DKK IBAN account with local Danish registration and account numbers in the company’s name, and an online onboarding process. The company states that Danish personal residence is not required for its offering. [3]

However, OneMoneyWay is not a bank. It describes itself as a financial platform whose regulated partners provide financial services. On its site it states that eligible companies must currently be incorporated in the UK or EEA, and approval depends on business activity, ownership structure and risk profile. [4] 

Potential advantages
  • Online account application and cross-border business focus.
  • Advertised Danish local payment details and DKK functionality.
  • International transfers and currency conversion through regulated partners.

Potential limitations

  • No assurance that a particular business will pass verification.
  • No automatic eligibility for companies incorporated outside the UK/EEA.
  • E-money safeguarding differs from bank deposit guarantee protection.
  • NemKonto, local direct debits and every domestic payment feature need individual confirmation.

Check OneMoneyWay’s eligibility and request a quote: Explore OneMoneyWay business accounts 

Affiliate link. We may receive a commission. OneMoneyWay and its regulated partners determine acceptance and the applicable charges.

Route C — Your existing home-country business account

A Danish business relationship does not always require a new Danish account. For example, some customers and suppliers can pay or be paid through international transfers using a business account in the company’s home country. Before opening a second account, ask your Danish trading partners whether they require local registration/account numbers, what currency is invoiced, whether they need particular payment rails and whether a foreign account can satisfy their processes. If you need a NemKonto, use the separate official procedure described below.

4. OneMoneyWay fees for foreign-owned businesses in Denmark

OneMoneyWay publishes the following indicative Danish plan prices. All are quoted per month with annual billing.

Plan Advertised base fee Plus local-account charge* Indicative 12-month subscription total*
Micro DKK 249/month DKK 99/month DKK 4,176
Starter DKK 499/month DKK 99/month DKK 7,176
Business DKK 899/month DKK 99/month DKK 11,976

*The published pricing page advertises an additional DKK 99 per month for issuance of local business accounts in Denmark, Sweden or Norway. The totals above illustrate one local-account surcharge added to the base subscription for 12 months. They exclude account opening, transfers, foreign exchange, cards beyond included allowances, taxes and other individually quoted charges. Prices are indicative and may vary by business and industry. [5]

Ask for a written quote covering: total onboarding charges; exact local DKK account issuance charges; monthly subscription; incoming and outgoing domestic transfers; international transfers; FX spreads; card limits; and any minimum commitments. Do not assume the advertised base fee is the full monthly cost.

5. Documents a foreign-owned company should prepare

Actual requirements depend on the provider and business structure. A well-prepared application generally includes:
  • Company certificate, official registry extract and company number (including CVR for Danish entities).
  • Articles of association or comparable formation documents and signing-authority evidence.
  • Passport or accepted identity documents for directors and persons who control the business.
  • Ultimate beneficial owner information and, for layered ownership, a clear ownership chart.
  • Registered-office address, operating address and explanation of the Danish business connection.
  • Website, invoices, customer or supplier contracts and explanation of goods or services.
  • Forecast account activity: expected values, payment countries, currencies and counterparties.
  • Source-of-funds or source-of-wealth documentation where requested.
  • Translations or certified documents if required by the individual provider.
If a provider declines the application, ask which factual gap can be corrected. Never submit an inaccurate address, nominee arrangement or misleading ownership explanation in an attempt to qualify.

6. Step-by-step: applying from outside Denmark

  1. Identify the legal entity. Is it a Danish ApS, a registered branch, a UK limited company or another EEA company? Keep the company registration evidence ready.
  2. List your actual needs. DKK collection, local account numbers, international payments, cards, accounting tools, financing and NemKonto are different features.
  3. Shortlist eligible providers. Confirm support for the incorporation country and the beneficial owners’ locations before paying application fees.
  4. Check who holds the money. Establish whether the provider is a bank or an e-money/payment institution and understand the protection framework.
  5. Request the full price schedule. Compare recurring fees with onboarding, payments and FX costs for your estimated volume.
  6. Submit consistent KYC documents. Describe why the company needs Danish payment details, with evidence of actual commercial activity.
  7. Test the required payment functionality. Ask about account and registration numbers, local collection, reconciliation and whether a particular payment scheme is supported.
  8. Handle NemKonto separately if needed. Do not assume that receiving a DKK account automatically registers it for public-sector payments.

7. Can a foreign company use the account as a NemKonto?

Sometimes, but the procedure matters. NemKonto is the account designated for payments from Danish public authorities. The official NemKonto service says a company can apply to use an account with a qualifying regulated financial institution abroad. Foreign institutions cannot themselves register that account in the Danish NemKonto register: the company must apply through the Danish Agency for Digital Government. [6] 

The official instructions describe routes with or without MitID Erhverv and additional supporting documentation for foreign companies. As of the October 2026 guidance, the agency says the process may take 8–10 weeks. [6] 

Even if a provider offers Danish local account details, you should independently check whether the specific account-holding institution and account are suitable for a NemKonto designation. We have not verified that every OneMoneyWay account is eligible for this purpose.

8. Bank vs e-money platform: protection of company funds

A licensed bank generally takes deposits under banking rules; eligible deposits may qualify for statutory deposit guarantee protection, subject to the applicable coverage limits and exclusions. An electronic money institution operates under a different framework. Customer funds are generally subject to safeguarding rather than conventional deposit insurance. The legal entity and licence of the partner providing your account matter. OneMoneyWay identifies regulated partners on its official pricing and FAQ pages, including EPMAP Limited for certain services. [5] If your company will hold substantial working capital, review the provider’s safeguarding explanation and consider separating payment flows from longer-term treasury balances.

9. Common mistakes to avoid

  • Assuming that owning a Danish ApS automatically guarantees acceptance by any bank.
  • Believing that an overseas company with no Danish presence has the same statutory account rights as a qualifying Danish-established business.
  • Treating the owner, director and company incorporation requirements as interchangeable.
  • Reading “Danish account details” as proof of deposit guarantee cover, NemKonto access or specific local direct-debit services.
  • Ignoring setup fees, transaction charges and foreign-exchange costs when comparing monthly subscriptions.
  • Submitting an application without a clear commercial rationale for receiving or making payments in Denmark.

Final verdict: which route should a foreign company explore?

For a Danish-established company that needs deposits, borrowing or a full banking relationship, a licensed Danish bank may be the most appropriate first conversation.

For an eligible UK- or EEA-incorporated company that wants local Danish DKK payment details and cross-border payments, OneMoneyWay is a credible option to evaluate, but not a guaranteed or universally cheaper route. Confirm your eligibility, actual fees, issuer and safeguarding arrangements before opening an account.

[Check OneMoneyWay’s Danish business account options]

Affiliate disclosure: GlobalBusinessAccounts may earn a commission for qualifying referrals. Applications, onboarding and pricing are controlled by the provider and its regulated partners. 

Further reading: How to open a business bank account in Denmark (2026 guide).



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    Frequently asked questions

    Can a UK limited company get a Danish business payment account?
    OneMoneyWay says UK-incorporated companies may apply for its supported services, subject to verification. A conventional Danish bank will make its own eligibility decision. No approval is automatic.
    OneMoneyWay advertises support for eligible EEA-registered companies. The provider still assesses the business activity, ownership structure and risk profile.
    Its published eligibility statement specifies UK and EEA incorporation. Do not assume a US- or UAE-incorporated company qualifies; seek written confirmation of any exceptions.
    Not necessarily for every payment platform. OneMoneyWay advertises no Danish residency requirement, while statutory access to a basic Danish business account has specific Danish address and management-residency conditions.
    A Danish-registered company or branch normally has a CVR number. Some eligible UK- and EEA-incorporated companies can apply for cross-border payment services without first creating a Danish company; provider rules determine eligibility.
    It can apply. Bank approval depends on the company’s profile and required verification. Foreign ownership alone does not answer whether it qualifies for statutory basic-account rights.
    No. It is a financial platform that makes regulated services available through financial partners.
    It advertises a DKK IBAN account plus Danish local registration and account numbers, subject to account approval and relevant product conditions.
    How much does OneMoneyWay cost?
    OneMoneyWay advertises a fully digital process. Identity verification and compliance checks remain mandatory, and the application is not guaranteed to succeed.
    No. Advertised onboarding estimates do not guarantee approval or an account opening deadline, particularly for complex ownership or transaction patterns.
    Do not assume so. Check the specific licensed account issuer and the official NemKonto designation procedure.
    Not necessarily. Local payment details can also be offered through regulated payment or e-money institutions. The protection and services differ.
    Many local DKK account products are designed for DKK payment collection, but ask your provider about the exact payment rails, limits and types of incoming transfers supported.
    Request the reason and the relevant complaints process where available, check whether a statutory basic business-account right applies, and consider other eligible providers. Do not assume one bank’s decision binds every institution.

    Sources and editorial methodology

    This guide compares three possible routes for foreign-owned businesses rather than claiming all providers offer identical products. It uses official provider disclosures and Danish regulatory guidance, reviewed on 25 October 2026. Eligibility and prices can change; request written confirmation before applying.
    About GlobalBusinessAccounts: GlobalBusinessAccounts is an independent information and account-comparison platform operated by Velivion Ltd. We are not a bank or financial adviser and do not make account acceptance decisions. This guide is general information, not legal, tax or regulated financial advice.

    GlobalBusinessAccounts editorial team

    We review business account providers against official registers and each provider's own published terms, and update articles when terms change. Last reviewed 16 October 2026. How we check

    Written by the GlobalBusinessAccounts team. This is general information, not legal, tax or financial advice. Provider terms change, so check each provider's current terms before applying.

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