Managing personal finances

When working in Denmark it is necessary to have a Danish bank account, as payments are increasingly being made electronically to payee bank accounts.

This is the case for salaries, but also for other payments such as cash benefits, child maintenance payments and pensions, to mention a few.

Choosing a bank

You need a bank account for payment of your wages. Ask your employer or colleagues about which banks they recommend. All banks are private. Opening an account is free. Remember to give your account number to your employer.


In Denmark we operate with a so-called “NemKonto”, which was introduced in 2005. All citizens are asked to specify one account, usually a salary account, to which all public sector institutions can make payments, such as tax refunds, family allowances etc. The idea is that the public sector institutions can make payments cheaply and simply. All banks can register a salary account as a NemKonto.

Find out more about NemKonto at, which has a Frequently Asked Questions section in English that may be able to answer some of your questions.

Credit cards

In some stores in Denmark it is still not possible to pay with international credit cards, and we therefore recommend that you obtain a Dankort, which is a nationally accepted debit card, or a combined VISA/Dankort, which you will then be able to use both nationally and internationally