Compare Sydbank DKK currency transfer options to/from Denmark. You can beat Sydbank exchange rates when making a Danish krone bank money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Sydbank account in Danish krone, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
Sydbank international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Sydbank account in Denmark needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 1,000,000 Danish krone (DKK) using Sydbank services would have a transaction exchange rate margin of around 5.0% – or 50,000 DKK. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 7,000 DKK in total, which is a large saving over the bank service.
International money transfers from Sydbank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Sydbank account holder to use their services. Sydbank may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 50,000 DKK).
Unless you pay a premium, Sydbank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Created in 1970, Sydbank A/S is one of Denmark’s largest full service banks, serving Danish customers from over 100 local banking branches in Denmark, with an additional 3 branches in Germany.
Find Sydbank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Sydbank branches in your search area results.
You can find answers to everyday banking questions at Sydbank online. If you can’t find the answer you’re looking for, you can call them from outside Denmark on +45 74 37 37 37
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers