Denmark, formally known as the Kingdom of Denmark, is a country in northern Europe. Despite being a member of the European Union, nationwide referendums over recent years have rejected the adoption of the euro, so the country has maintained its official currency: the Danish krone (DKK). As Danish territories, the Faroe Islands and Greenland also use DKK as their legal tender.
Choosing the best service provider
When considering how to send money Denmark from France there are some key aspects of the transfer to consider.
The cheapest provider we found is Wise at 0.5% Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using TorFx when transferring EUR to DKK.
This means that by using TorFx for online money transfers to Denmark from France, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.
Alternatively, if you are unable to access TorFx for any reason, our comparison engine has found XE and Wise also to be very good options when sending EUR – DKK.
This recommendation was updated one minute ago.
The cheapest way to send money from France to Denmark
In order to avoid high fees, you should consider the cheapest way to send from France to Denmark.
Wise has been determined by our comparison engine to be currently offering you the cheapest rates possible.
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The fastest way to send money from France to Denmark
When sending money from France to Denmark, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, TorFx is the fastest way to send EUR – DKK.
What payment methods are available when sending money from France to Denmark?
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
Sending money to Denmark from France using credit card
To avoid high fees you can opt to use an online money transfer provider such as Wise to pay for your transfer to Denmark.
Sending money to Denmark from France using a debit card
With TorFx you can send money online to Denmark using your debit card. But before making a payment, make sure you understand all the processing fees in place.
Using a wire transfer to send money from France to Denmark
Bank and wire transfers are the most common ways of sending money Denmark as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use TorFx to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in Denmark. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Denmark.
When sending money to Denmark from France using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.
On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as TorFx, XE and Wise.
Considerations for a EUR – DKK Currency Transfer
Before sending money to Denmark from France, you should consider the following:
The amount you want to transfer: It is likely that the more money you send to Denmark the more value you will get and more DKK the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
The EUR – DKK exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 7.439408 and the lowest exchange rate margin is currently offered by TorFx at 0.5% above the mid market rate.
Hidden fees & charges: Before sending money to Denmark, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers TorFx, XE and Wise will give insight here.
How to send money from France to Denmark at the best rate?
This one’s easy. Simply use our comparison table above to find the best provider to send EUR to DKK.
After that it’s just a process of making your transfer via the following steps:
Click “Visit Site” inside our comparison table
Register for an account if required
Input how much you are willing to send
Fund your transfer
Receive & save an email confirming your transfer
How to receive transfers from EUR to DKK in Denmark?
Your recipient has a few methods available to receive your money in Denmark. These will vary between providers, but it is possible to find services that will:
Deposit DKK directly into a bank account
Enable the recipient to pick up cash a specific locations across Denmark
Deliver money directly to their door
Send DKK to your recipient’s mobile wallet
If your recipient is going to collect or have the money delivered to them in Denmark, then they will usually need the following:
A government issued I.D document such as passport, drivers license or Danish identity card (Sygesikringsbevis)
The money transfer reference number
Senders details and the amount of money sent
How much money can be transferred from France to Denmark?
However, the amount of DKK you can receive from France will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers.
You should also check if there are any government regulations pertaining to the amount of DKK that can be received in Denmark or sent from France before making your transfer.
How do I find the best rate of exchange for DKK?
Denmark’s central bank – the Dansmark Nationalbank – is responsible for overseeing and regulating the country’s foreign exchange rates. Denmark‘s live exchange rate is updated everyday, posted on the Dansmark Nationalbank website.
In the interest of securing the optimal money transfer EUR to DKK, we encourage our customers to consult the Dansmark Nationalbank website, or visit XE, before locking in a currency transfer, to ensure you are getting a rate closest to the mid-market value.
I am a student in Denmark; what is the best way to send money from France to Denmark?
Many individuals decide to study in Denmark due to the high-quality of further education and free tuition fees for EU citizens.
If you have travelled from France to study in Denmark you may consider opening a bank account upon arrival: depending on the length of your study program. However, bear in mind that not all Danish banks will authorise or facilitate international bank transfers, and those that do, may charge high fees for this service. For this reason, we would encourage customers to instead consider the competitive services offered by leading money transfer companies like WorldRemit and Wise. Read our reviews of each company before deciding on a service, as suitability will depend on your transfer requirements.
Alternatively, the innovative financial services offered by new challenger banks, such as N26 and Lunar, should be able to provide a suitable bank account along with flexible services optimised for cross-border payments.
What is a CPR number and will I need one for transferring money to Denmark?
CPR numbers are legal required for all residents of Denmark, or visitors staying for 3 months or more. CPR numbers are 10-digit personal identification numbers issued by the Civil Registration Service of Denmark: you will need a residential address in Denmark to obtain one.
While you will need a CPR number to open a bank account in Denmark, you do not need to provide one when sending money to a Danish beneficiary.
April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she’s not writing about global remittances she can be found daydreaming about her next holiday abroad.