Cross-border payments

If you make or receive cross-border payments, you must observe certain rules and procedures. For example, you must enter the correct International Bank Account Number (IBAN) and you must observe EU regulations on payments between EU member states.

Danske Bank's cash management programmes and our business systems offer powerful tools that can make cross-border payments simpler, easier and more cost-effective.

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Cross-border payments

Incoming foreign payments When you send an invoice to a foreign customer, you must always indicate your IBAN and the BIC. Read about incoming CB payments	Outgoing foreign payments You can use various methods for payments abroad, including our network of partner banks. Read about outgoing CB payments

SWIFT Net Establish one communications channel to all your banks around the world. Read about SWIFT for Corporates	EU cross-border payment fees The EU rules on fees for payments between member states apply to both retail and corporate customers. Read about EU CB payment fees

SWIFT-BIC The Bank Identifier Code (BIC) is the same as a bank's SWIFT address. Read about Danske Bank Group BICs	IBAN The International Bank Account Number makes it easier to process cross-border payments. Read about the IBAN

Single Euro Payments Area In 2008, cross-border payments between 31 countries in the new Single Euro Payments Area will be considered domestic payments. Single Euro Payments Area

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Go local Visit our local sites to learn more about our cash management products and services:	Download fact sheets Download fact sheets on our cash management services in various countries (PDF): To read PDF documents, download Adobe Reader®