Exchange of Danish cash abroad

Danish cash cannot be exchanged in most countries, and it is therefore recommended that you do not bring Danish cash abroad.

Danish cash cannot be exchanged in most countries. The reason for this is that Danish commercial banks have become more reluctant to accept Danish cash from foreign banks.

Danish banks find that they cannot obtain adequate assurance that they will be able to fulfil their obligations under the anti-money laundering rules. As a result, most foreign banks and foreign exchange bureaus have now stopped accepting Danish cash abroad.

The issue is not specific to specific countries or regions. Rather, it is a broad restriction on the ability to exchange Danish cash abroad. There have been no changes in current legislation or the requirements imposed by the authorities.

Danmarks Nationalbank recommends that you do not bring Danish cash abroad. Instead, you should consider exchanging to foreign currencies before departure or bring a payment card that can be used abroad. Danish cash is legal tender in Denmark.

Exchanging cash abroad is a commercial transaction. Danmarks Nationalbank is the issuer of banknotes and coins, but the responsibility of the direct citizen- and business-oriented handling of cash rests with the private actors. This is particularly true in international markets where commercial parties manage the exchange and handling of cash.