Home » Cheapest Business Accounts in Denmark (2026): Compare First-Year Fees

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Cheapest Business Accounts in Denmark (2026): Compare First-Year Fees

Searching for a cheap business account in Denmark? A low monthly subscription can be misleading when account-opening fees, transfer charges and foreign-exchange costs are added. This guide compares the published first-year base costs of Nordea, Danske Bank, Lunar and Jyske Bank, and explains when OneMoneyWay may be useful for companies with international payment needs.

At a glance: OneMoneyWay in 2026

Pros and cons of choosing a low-cost business account

Pros

A lower fixed subscription can improve cash flow for a new company.
Published setup fees make the first-year budget more predictable.
Digital applications and account management can reduce administrative time.
A simple package can be sufficient when a company makes few payments.

Cons

The cheapest advertised package may exclude important payment features or users.
Transfer, cash, card, accounting-integration and foreign-exchange fees can outweigh subscription savings.
Provider eligibility and compliance checks can affect availability.
Payment accounts from e-money providers are not equivalent to bank deposit accounts.

Key takeaways

Nordea has the lowest standard first-year base cost among the four bank packages checked: DKK 2,940, based on DKK 245 a month and no advertised opening fee.
Danske Bank Business One has the lowest monthly subscription among those four: DKK 139, but its DKK 1,500 setup charge increases its first-year base cost to DKK 3,168.
Lunar Simple is DKK 2,890 for a year paid upfront, plus DKK 1,495 for setup, totaling DKK 4,385 before usage fees.
Jyske Bank Basic Business Account costs DKK 230 per month plus a published DKK 4,800 setup fee, or DKK 7,560 for the first year before extra services.
OneMoneyWay is not the cheapest option in this sample. Its Micro subscription is advertised at DKK 249 per month billed annually, with an additional advertised DKK 99 per month for a local Danish business account. That suggests DKK 4,176 over 12 months before any other applicable fees, subject to individual pricing.
Compare what you actually need: NemKonto, local payment details, account cards, foreign currency, transfers and protection of funds.

The 2026 first-year cost comparison

The following figures use standard public prices, rather than tailored offers. We compare the banks first because their deposit-account products are not directly interchangeable with an e-money-enabled payment platform.

Bank / package	Subscription	Setup charge	First-year base cost	Subsequent year (base)
Nordea / Business package	DKK 245/month	DKK 0	DKK 2,940	DKK 2,940
Danske Bank / Business One	DKK 139/month	DKK 1,500	DKK 3,168	DKK 1,668
Lunar / Business Simple	DKK 2,890/year (annual payment)	DKK 1,495	DKK 4,385	DKK 2,890
Jyske Bank / Basic Business Account	DKK 230/month	DKK 4,800	DKK 7,560	DKK 2,760

Important: These are calculations from the published figures checked on 25 October 2026, not provider quotations. They omit payment volumes, foreign-exchange charges, extra cards and other service fees. Lunar’s displayed monthly equivalent is rounded; we use its actual advertised annual charge of DKK 2,890.

Separate comparison: OneMoneyWay as an international payment alternative

OneMoneyWay’s Micro plan is listed at DKK 249/month, billed annually, and its website states a DKK 99/month local-account surcharge, also billed annually, for Danish, Swedish and Norwegian local business accounts. Applying both published figures for 12 months gives DKK 4,176 in indicative subscription and local-account charges. OneMoneyWay says prices depend on the company’s industry and turnover, and further transaction or onboarding charges may apply. This calculation is an illustration, not a binding quote or an overall ranking against banks.

Explore OneMoneyWay's Danish business account options

Affiliate link. Verify your final fee schedule, regulated service provider, available Danish local payment services and eligibility before applying.

First-year price versus longer-term price: A useful example

Suppose a company only compares Nordea and Danske Business One, has no additional payment fees, and pays the standard published rates without discounts.

Period	Nordea	Danske Business One	Lower calculated base cost
First 12 months	DKK 2,940	DKK 3,168	Nordea, by DKK 228
First 24 months	DKK 5,880	DKK 4,836	Danske Bank, by DKK 1,044
First 36 months	DKK 8,820	DKK 6,504	Danske Bank, by DKK 2,316

The monthly difference is DKK 106 (245 minus 139). The DKK 1,500 setup charge is therefore offset after just over 14 months; from month 15, Danske Bank has the lower cumulative base cost in this simplified illustration. Real fees, eligibility and changes to prices may alter this result.

Provider-by-provider review

1. Nordea — Lower first-year base cost in our bank sample

Nordea advertises a business package at DKK 245 per month, with no account-opening charge. The package includes Nordea Business digital banking, a business card and an unlimited number of business accounts. Its website also lists a discounted DKK 125 monthly price for certain customers who meet personal-banking conditions; that discount is not assumed in the standard table.

Best for: Companies prioritising a low first-year published base cost, conventional bank services and digital banking tools.

Advantages: No standard setup fee, broad everyday banking functionality and optional support services.

Watch for: Transfer costs, additional bank services and whether you qualify for the conditional discounted rate.

Standard first-year calculation: 12 × DKK 245 = DKK 2,940.

2. Danske Bank Business One — Lower monthly base fee

Danske Bank lists DKK 139 per month for Business One, with a standard DKK 1,500 setup fee. The package includes one account, one Mastercard Business Debit card and two online banking users. The bank states that a holding company can receive a zero setup charge under its published terms; businesses with more complex needs should seek an individual quote.

Best for: Smaller Danish operating companies seeking a conventional bank with a relatively low recurring package charge.

Advantages: Lower monthly subscription, conventional banking, defined package contents.

Watch for: The setup fee, extra accounts and services; some foreign-owned companies may not qualify for the basic package.

Standard first-year calculation: DKK 1,500 + 12 × DKK 139 = DKK 3,168.

3. Lunar Business Simple — Digital banking with annual payment

Lunar is a licensed bank offering digital business banking. Its Simple plan is published at DKK 2,890 paid annually, plus DKK 1,495 at setup. It includes an account, a digital Visa card and a limited allowance of domestic transfers. A higher-tier plan may be a better fit if the company needs extra accounts, users or integrations.

Best for: App-first businesses that want a clearly structured digital package.

Advantages: Online-first management, digital card, Danish account functions.

Watch for: Annual upfront payment, the Simple setup fee, limits on included transfers and upgrade costs.

Standard first-year calculation: DKK 2,890 + DKK 1,495 = DKK 4,385.

4. Jyske Bank Basic Business Account — Traditional banking with higher setup cost

Jyske Bank advertises a Basic Business Account at DKK 230 per month plus a DKK 4,800 setup fee. The package covers basic business account services, a Visa Debit Business card and online/mobile banking. It can also support eligible cash deposits under the bank’s stated terms.

Best for: Businesses needing particular services at a traditional bank and prepared for the upfront charge.

Advantages: Conventional account, cards and digital banking; cash-service functionality may matter to some businesses.

Watch for: The relatively high opening fee and tailored pricing in more complex cases.

Standard first-year calculation: DKK 4,800 + 12 × DKK 230 = DKK 7,560.

5. OneMoneyWay — Consider it for international payments, not its headline price

OneMoneyWay describes itself as a financial platform, not a bank, and says licensed partners deliver the regulated services. Its Danish website advertises a local account, virtual cards, invoicing tools and international payment functions, subject to plan and approval. It may be useful for eligible cross-border companies that need local Danish payment details as well as other currencies.

Best for: Companies with international payment or currency requirements that are comfortable using a regulated partner-based payment service.

Advantages: Online application, international-payment focus and local account options.

Watch for: Individual quotes, the local-account surcharge, payment and FX costs, provider eligibility and the different protection regime for e-money versus insured bank deposits.

Indicative recurring cost example: 12 × (DKK 249 + DKK 99) = DKK 4,176, before any other applicable charges.

Check OneMoneyWay account eligibility and terms

*Advertising disclosure: this is an affiliate link. Opening an account is subject to the provider’s and regulated partner’s review.*

What hidden costs can make a cheap business account expensive?

A company that makes only a few domestic transfers may find the advertised package price a reasonable guide. A company sending frequent international payments should model substantially more than its monthly subscription.

Transfers: Domestic, instant, international or bulk payments may have different charges.
Currency conversion: Exchange spreads and intermediary fees can dominate total costs.
Cards and users: Physical cards, more online users and extra accounts may cost more.
Integrations: Automatic reconciliation, accounting software and invoicing tools may be package-specific.
Cash: Deposits and withdrawals are not universally available and may be charged.
Bankgiro-like or local collection services: Verify the actual payment schemes offered rather than assuming a local account includes them.
Account opening: Complex ownership or business activity can trigger extra documentation and, where disclosed, a different price.

Practical formula: Total year-one cost = setup fees + subscriptions + forecast transfer charges + FX costs + cards/users/integrations + any required local-account fees.

Which low-cost account is suitable for your company?

Danish sole trader or small ApS with local transactions

Start with the banks’ basic packages. If your payments are mostly domestic and you value simple bookkeeping, compare annual cost, NemKonto and included card/transfer allowances before selecting the lowest headline figure.

Holding company with few payments

Check holding-company eligibility and special setup terms. An advertised exception, such as Danske Bank’s zero setup charge for qualifying holding accounts, may materially change the comparison. Ask for confirmation in writing.

International trading, consulting or e-commerce business

Compare local Danish payment functionality, the ability to pay overseas suppliers, FX spreads and onboarding eligibility. OneMoneyWay may warrant a quote for these uses, but do not assume it is cheaper than a bank once all transactions are included.

Foreign-owned or non-Danish incorporated company

Request an eligibility decision before relying on published prices. A company may need more evidence of beneficial owners, source of funds or local economic activity. Check whether the provider can offer the exact Danish payment details and services required by the business.

NemKonto, account protection and account eligibility

NemKonto: Danish registered businesses need to designate a NemKonto for public payments. A local Danish account should not be assumed to qualify automatically. The official NemKonto service explains that foreign-issued accounts can be designated through a separate application process, subject to its requirements. Check the actual arrangement with the institution before applying.

Protection of funds: Eligible deposits at a licensed bank can be covered by a relevant deposit guarantee scheme, subject to conditions and limits. Payment services provided by an e-money institution generally rely on safeguarding arrangements instead. These are different types of protection, and OneMoneyWay itself states that it is not a bank.

Approval: A low advertised price does not mean everyone can obtain the account. Customer due diligence applies to owners, activity and expected payments. Some businesses may have rights relating to a basic business account under Danish law, but qualifying conditions and legitimate refusal grounds still matter.

If your company needs a loan, local cash services, deposit coverage or guaranteed access to a particular domestic scheme, compare a bank first. If international payments and currencies are the main requirement, request written offers from OneMoneyWay and other regulated specialists, then compare total operating cost.

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Frequently asked questions

What is the cheapest business account in Denmark in 2026?

Among the four bank packages in this comparison, Nordea has the lowest calculated standard first-year base cost, DKK 2,940. This is not a claim that Nordea is the cheapest offer across the entire Danish market. Usage fees, individual discounts and other providers can change the answer.

Which bank has the lowest monthly package fee?

Danske Business One is DKK 139/month in this selected sample, lower than the other listed banks. Its standard DKK 1,500 setup fee matters in year one.

Is it possible to open a free business account in Denmark?

Some services advertise no ongoing subscription or no setup charge, but that does not guarantee zero total cost. Confirm local account details, the nature of the provider, transaction charges and eligibility before using a supposedly free account as your main company account.

Is OneMoneyWay the cheapest Danish business account?

No. Its published Micro plan and local-account surcharge together imply an illustrative annual recurring charge of DKK 4,176 before any additional costs. Its value proposition is more closely related to international payments and the combination of local-account features and currency services.

Is OneMoneyWay a licensed bank?

No. It identifies itself as a platform whose regulated partners provide financial services. Check the legal entity providing the account and how customer funds are protected.

Can I use a foreign account as a Danish NemKonto?

A business may apply to designate a foreign financial account through the official NemKonto process. Approval and activation are not automatic. Confirm the relevant requirements on NemKonto.dk.

Do I need a Danish CVR number?

A Danish-registered business normally provides its CVR details. Some international payment platforms may consider businesses incorporated elsewhere in the EEA or UK, subject to their rules, but a payment account is not necessarily identical to a full domestic banking relationship.

Are Wise and Revolut the same as Danish bank accounts?

No. Their legal entities, account details, national payment features and protections differ by product and jurisdiction. A low international account subscription does not establish that every Danish local-account requirement will be met.

Are the first-year totals the final amounts I will pay?

No. They are subscription-plus-setup comparisons based on published standard fees. Transaction charges, FX, extra services and individual pricing can increase the actual cost.

Does Danske Bank become cheaper than Nordea over time?

Using only the standard fees in this article, Danske Business One becomes cheaper on a cumulative basis in month 15. That simplified calculation excludes other costs, discounts and future price changes.

How quickly can I open a business account?

It depends on the provider, completeness of the documentation and compliance assessment. Digital applications can be convenient, but approval time is not guaranteed.

Can a Danish bank refuse my application?

Banks may refuse applications for permitted legal and risk-related reasons. Denmark has rules governing access to basic business accounts for qualifying applicants; the regulator explains the application and complaint procedures.

Conclusion: Choose the lowest total cost, not just the lowest monthly price

For a small Danish business choosing from the four published bank packages assessed here, Nordea starts with a lower standard first-year base cost and Danske Bank Business One has the lower ongoing subscription. Lunar may fit a digital-first workflow, while Jyske Bank offers another conventional route with a higher opening charge.

If your company sends and receives international payments, add OneMoneyWay to your shortlist for a service-specific quote. It is not the cheapest in the headline fee comparison, but its cross-border and local-payment features may justify a closer look for eligible businesses.

Explore OneMoneyWay via GlobalBusinessAccounts

Affiliate link. Review the provider’s current prices, limitations, product protection and account approval conditions before applying.

Sources and editorial methodology

Method: We selected four banks with publicly advertised standard Danish business packages and included OneMoneyWay separately as a relevant affiliate payment-platform option. Bank first-year totals equal one published setup charge plus 12 months of the standard advertised subscription, or the explicitly advertised annual subscription. Subsequent-year totals exclude the one-off setup charge. We excluded personal banking discounts, promotions, transaction fees, individual quotes and add-ons. The result is a selected cost comparison, not an exhaustive ranking of all Danish providers.

Last reviewed: 25 October 2026. Providers may change prices, conditions and features without notice. Confirm directly before applying.

About the editorial team: GlobalBusinessAccounts is an independent business-account comparison website operated by Velivion Ltd. It is not a bank and does not provide regulated financial advice. Applications and regulatory services are handled by the relevant providers.

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.