🇩🇰 Pay Suppliers in Denmark
Pay Danish suppliers for shipping, pharmaceuticals, renewable energy, food products
T+0 (2.3s avg within Unicorn network). Save 78% vs traditional banks.
What you need to send money to Denmark
What details do I need to pay suppliers in Denmark?
To pay suppliers in Denmark you need the recipient's IBAN (International Bank Account Number (SEPA)), plus account number and beneficiary name. Payments typically settle in 2.3 seconds and cost 0.5% FX spread + £5 per payment.
How fast are payments to Denmark?
Payments to Denmark settle in an average of 2.3 seconds when using local rails such as MobilePay, compared to 2–3 days via traditional SWIFT.
How much does it cost to send money to Denmark?
Unicorn Currencies charges 0.5% FX spread and £5 per payment. You save about 78% versus banks (e.g. £505 vs £2330 on a £100k transaction).
Cost Comparison: Banks vs Unicorn Currencies
See how much you save on £100,000 payment to Denmark
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| FX Spread | 2.3% | 0.5% |
| Payment Fee | £30 | £5 |
| Total Cost (£100,000) | £2,330 | £505 |
| YOUR SAVINGS | N/A | £1,825 (78%) |
| Settlement Time | 2-3 days (SWIFT) | T+0 (2.3s avg within Unicorn network) |
Local Payment Rails in Denmark
Avoid expensive SWIFT fees. We use local payment systems in Denmark for faster, cheaper settlement.
MobilePay
Denmark instant payment system, 95%+ adoption
Nets
Nordic payment infrastructure provider
Kronos
Danmarks Nationalbank RTGS system
Who Uses This Payment Corridor
Key Industries in Denmark
- Shipping
- Pharmaceuticals
- Renewable Energy
- Food & Beverage
- Furniture
Average Transaction: £70k-£350k
Typical Monthly Volume: £420k-£4.2M
Popular Supplier Types
- Shipping companies (Copenhagen, Esbjerg)
- Pharmaceutical manufacturers (Copenhagen, Kalundborg)
- Wind turbine manufacturers (Aarhus, Kolding)
- Food processors (Aarhus, Randers)
What You Need to Know: Denmark Payments
Regulatory Considerations
- Danmarks Nationalbank regulations
- Danish Customs documentation
- VAT (25%) on goods and services
- Finanstilsynet oversight
Payment Tips for Denmark
- Denmark = Shipping leader (Maersk), pharma (Novo Nordisk)
- MobilePay universal - instant B2B payments
- Copenhagen = Main business hub
- Sustainability leader - expect high environmental standards
Why Choose Unicorn for Denmark Payments
Local Rails, Not SWIFT
We use MobilePay and other local systems in Denmark. Avoid 3-4% SWIFT fees and 2-3 day delays.
78% Lower Costs
Save £1,825 on every £100,000 payment. On £420k-£4.2M monthly volume, save up to £54,750 annually.
Bank of Canada Supervised
Registered Payment Service Provider (PSP) and FINTRAC MSB. Full regulatory compliance for Denmark payments.
Real-Time FX Tracking
Upload supplier invoices in DKK. See live P/L as GBP/DKK rates move. Lock rates for 15 seconds before committing.
£1,000,000+ Paying Suppliers in Denmark? Save 78%
Enterprise treasury for import/export businesses with T+0 (2.3s avg within Unicorn network) settlement to Denmark
For businesses with high annual FX volume. Not consumer transfers.