When sending a transaction, we’ll ask you information about your contact and their bank account. Make sure to enter all information carefully to avoid delays. Here’s what you’ll need to know:

• Bank name
• IBAN (International Bank Account Number)
• The entire name of your contact as it appears on their bank account
• A valid phone number from your contact (city code + domestic number)
• We may ask for your contact's mailing address if required by our payment partner

Bank transfers to most major banks are deposited in 2-3 business days. However, each bank operates differently and may have additional rules and regulations regarding deposits that could add additional transfer time. Please ask your contact to check with their bank for more details.

Additional information to consider before sending to a bank account in Denmark:

• All deposits are made in Danish Kroner (DKK)

What are the characteristics of an IBAN number in Denmark?

IBAN stands for International Bank Account Number and is used by banks in European countries for international funds transfers. The IBAN is a unique code that identifies a beneficiary’s bank account.

In Denmark, IBANs start with DK, followed by 2 check digits, a 4-digit bank code, and a 9-digit account number. Here's an example:

DK50 0040 0440 1162 43

DK: country code
50: check digits
0040: bank code
044011624: account number