5 Best Bank Accounts for Freelancers in Denmark (2026)

A detailed comparison of the top bank accounts for enkeltmandsvirksomhed sole traders in Denmark. We weighed fees, MitID and MobilePay support, SKAT workflows, and international payments to find the best options for the self-employed.

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Our Top Pick for Denmark Freelancers

Wise

For Danish freelancers with foreign clients, Wise gives you the real exchange rate on EUR/USD income instead of a Danish bank's 2–3% markup. Pair it with Lunar — a Danish-licensed neobank with a Danish IBAN, MobilePay, and built-in bookkeeping — for everything domestic that fintechs abroad can't cover.

Ready to try Wise?

Open Wise Account →

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Also worth considering for Denmark freelancers:

Open Revolut Account

All 5 Banks Compared

Ranked for Denmark freelancers by fees, features, and real experience. Updated June 2026.

🏆 #1 Best Overall

Wise

4.6/5

Monthly Fee

Free

Card Fee

~€7 (one-time)

Currencies

40+

International Transfers

0.33–2.85%

Pros

Receive EUR/USD/GBP client payments at the real rate
Hold and convert DKK + 39 currencies
No FX markup — protects margins on foreign income
Clean exports for your revisor

Cons

No Danish account for MobilePay or Betalingsservice
No credit or overdraft
Not a full account replacement

Ready to try Wise?

Open Wise Account →

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🥈 #2 Runner Up

Revolut

4.2/5

Monthly Fee

Free – ~70 DKK/mo

Card Fee

Free (virtual)

Currencies

36+

International Transfers

Free weekday FX up to set monthly limit

Pros

Multi-currency account with 36 currencies
Popular with Danish freelancers and travellers
Strong budgeting and virtual cards
Can open before you have a CPR number

Cons

Lithuanian IBAN — no MobilePay
Weekend FX markup
Free-plan limits on FX and ATM

Ready to try Revolut?

Open Revolut Account →

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🥉 #3 Also Great

Lunar

4.2/5

Monthly Fee

Free – ~79 DKK/mo (Business tiers higher)

Card Fee

Free (virtual + physical on paid plans)

Currencies

International Transfers

In-app FX, competitive on paid tiers

Pros

Danish-licensed neobank — Danish IBAN with MobilePay
Dedicated business accounts for enkeltmandsvirksomhed
App-first with integrated bookkeeping
Instant expense categorisation

Cons

Best features behind paid Business tiers
FX pricier than Wise on large transfers
Smaller than the big banks for lending

Ready to try Lunar?

Open Lunar Account →

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Danske Bank

3.7/5

Monthly Fee

~30–50 DKK/mo

Card Fee

Included

Currencies

International Transfers

Standard SWIFT + FX markup

Pros

Denmark's largest bank — full MitID, MobilePay, Betalingsservice
Trusted by clients and SKAT
Strong business banking and lending
Established branch network

Cons

Monthly account fees
Expensive international transfers
Slower than neobanks

Ready to try Danske Bank?

Open Danske Account →

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Nordea

3.8/5

Monthly Fee

~30–45 DKK/mo

Card Fee

Included

Currencies

International Transfers

Standard SWIFT rates

Pros

Largest Nordic bank — handy across DK/SE/FI
Danish IBAN with MitID and MobilePay
Solid business and everyday banking
Good English-language support

Cons

Monthly fees on most account types
Weak FX rates for foreign income
Conservative onboarding — CPR required

Ready to try Nordea?

Open Nordea Account →

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How We Evaluated

We tested each account against what matters most to Danish freelancers (enkeltmandsvirksomhed):

Cost: Monthly fees, card fees, ATM access, and hidden charges
Local banking: Danish account, MitID, MobilePay, and Betalingsservice support
International payments: Exchange rates, multi-currency support, USD/GBP receiving
Tax workflow: Setting aside moms and tax, clean exports for your revisor
Daily banking: App quality, card features, and budgeting tools

Rankings reflect real-world testing and are updated for 2026 pricing.

Frequently Asked Questions

Does an enkeltmandsvirksomhed need a business bank account in Denmark?

Denmark doesn't legally mandate a separate account for a sole proprietorship, but it's strongly recommended and expected by SKAT for clean accounting. A Danish account (Lunar, Danske Bank, or Nordea) handles SKAT, moms, and MobilePay, while Wise covers low-cost foreign income.

Can Danish freelancers use MobilePay for client payments?

MobilePay is tied to Danish bank accounts and MitID, so Wise, Revolut, and N26 can't connect to it. If clients pay via MobilePay, you'll need a Danish account such as Lunar, Danske Bank, or Nordea alongside your fintech account for international income.

How does moms (VAT) work for Danish freelancers?

If your turnover exceeds 50,000 DKK per year you must register for moms and charge 25% VAT, filed quarterly or half-yearly via SKAT. Setting aside 25% of each invoice in a separate account or with Lunar's categorisation keeps your VAT payments painless.

Can I receive USD payments as a freelancer in Denmark?

Yes. Wise gives you US account details so American clients pay you domestically, then you convert to DKK at the mid-market rate — typically saving 2–3% versus a Danish bank's FX markup on incoming foreign transfers.

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