Banking
You can open a Danish bank account once you have arrived in Denmark and is registered in the National Register with a CPR number (see Registration and student visa).
To open a Danish bank account, just bring your Passport/ID card along with your CPR number to a bank. SDU cannot advise you on which bank to choose.
Your account must be registered by public authorities
You must register your Danish bank account as a ´NemKonto´. This enables payments from any public institution, and is also used for any salary payments in case of employment.
Please register for NemKonto.dk for more information.
Payments
We recommend that you hold an international credit card when you arrive in Denmark, so you can pay your rent, food, and other fees until you have a Danish account.
All major credit cards, such as MasterCard, VISA, American Express, Diner’s Club, and Euro Card are accepted in most restaurants, supermarkets, international chains, and major stores.
If you only bring cash, please keep in mind, that not all places will accept cash – this especially applies when paying rent.
Tax in Denmark
If you have been accepted in the State Education Grant and Loan Scheme in Denmark or you plan to work in Denmark during your study period, there is a series of tax rules that you need to know about and by which you must abide.
In Denmark, the tax and customs administration is called “SKAT”, and you will find further information on their website. SKAT may take retroactive action if the rules are not properly observed.
There are limits as to how much work you can take on as a student. For more information visit this webpage from SKAT and New to Denmark’s website.