Standard Settlement Instructions

Settlement instructions for foreign exchange and money market transactions are agreed on separately when a transaction is made. Our correspondents therefore appear on the confirmations of the individual transactions. Normally we use the following banks:

AUD	Australia and New Zealand Banking Group, Melbourne	ANZBAU3M
CAD	Canadian Imperial Bank of Commerce, Toronto	CIBCCATT
CHF	UBS Switzerland AG, Zürich	UBSWCHZH80A
DKK	Danske Bank, Copenhagen	DABADKKK
EUR	Danske Bank, Copenhagen Direct via EBA or TARGET	DABADKKK
GBP	HSBC Bank, London	MIDLGB22
JPY	Bank of Tokyo-Mitsubishi UFJ, Tokyo	BOTKJPJT
NOK	Danske Bank, Trondheim	DABANO22
NZD	Bank of New Zealand, Wellington	BKNZNZ22
PLN	Danske Bank A/S S.A. Branch in Poland, Warsaw	DABAPLPW
SEK	Danske Bank, Stockholm	DABASESX
SGD	United Overseas Bank Limited, Singapore	UOVBSGSG
THB	Bangkok Bank Public Company Limited, Bangkok	BKKBTHBK
TRY	Citibank AS, Istanbul	CITITRIX
USD	Bank of America, New York	BOFAUS3N

Settlement of commercial transactions
The banks listed above can also be used for commercial transactions, unless an alternative bank has been agreed upon.

Correspondent banks
The Danske Bank Group has a large international correspondent banking network. Use the link below to learn more and find correspondent banks in some of the overseas trade markets.

More information about correspondent banks