Forex copenhagen rates
Foreign exchange is available from the following banks. Danske Bank located in the Transit Area of Terminal 2 and before security check points. Nordea located in Transit Area of Terminal 2 and Terminal 3 before security check points.
Automatic Teller Machines (ATMs)
Danske Bank ATM is located before security check point in Terminal 2. Nordea's ATM is located in Transit Area of Terminal 2 and before security check point in Terminal 3.
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Best way to exchange currency? - Copenhagen Forum.
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I'll be arriving in Copenhagen on a Saturday morning. I understand that banks in the city are usually closed on weekends, but that the airport has two bank branches where I could exchange money. I'm wondering if their exchange & commission rates are fairly standard at the airport, or if there are better currency exchange bureaux (i. e. Forex) within the city. Also, I plan on taking the Metro from the airport to the city, so if I can't pay for my klippekort with a credit card, I'd obviously need to get some DKK at the airport.
Also, I read in an old forum post that some restaurants and shops will charge you a higher price if you choose to pay with a foreign credit card instead of cash. Is this still true? I have a MasterCard that doesn't charge me any foreign transaction fees, but I'd obviously rather pay in cash if I'm going to penalized for using that.
You can pay for your klippekort with cc.
Forex has marginally better rates than Danske Bank and Nordea at the airport. There is a flat fee of DKK30 for buying DKK, so don't make a lot of small transactions.
DO NOT CHANGE MONEY AT "THE CHANGE GROUP" - they have same exchange rates as the banks, but charges a 10.99% commission fee!
Many shops, taxis, restaurants etc will charge you the credit card fee, which MC charges them. Typically 2-3%. Hotels do not charge you any fees for paying with cc.
The easiest way to get cash in Copenhagen (or anywhere in Denmark) is from ATMs.
One destination mentioned in this post.
Be very careful when going to Denmark. Many shops and restaurants will add 3% to the price (often without telling you) if you pay with a foreign credit card. Some shops and restaurant have signs that mentions this, but most don't.
Most banks charge fees, either explicit or implicit (through poor exchange rate) if you use your foreign debit or credit to withdraw cash. This will be above and beyond the fees that your own bank adds.
Different banks charge different 'foreign transaction fees' - so it is best to do some homework before leaving for an expensive country like Denmark. It might be cheaper get some Danish cash before leaving your home country -- at least you'll know what things really cost.
Most banks charge fees, either explicit or implicit (through poor exchange rate) if you use your foreign debit or credit to withdraw cash.
That is not correct. Danish bank ATMs do not charge a transaction fee and the exchange rate is decided by your card issuer.
You can find Forex at the central Station(København H) or the pedestrian street(Strøget).
Thank you all for your messages! Sounds like cash is the best way to go. I'll definitely avoid using my credit card. Will the ticket machine for public transportation charge a credit card fee?
Hans, so if I withdraw money from a Danish bank ATM with my American bank card, the Danish bank won't charge me any fees?? Here in the States, nearly every bank charges you an ATM fee if you're not a customer of that bank, so I just find that surprising (I get charged $2 if I use a different bank's ATM here, plus a fee from that ATM's bank for using their ATM!).
I looked up Forex, which doesn't seem to have a bad exchange rate and their fee (DKK 30-35) doesn't sound too bad. My bank would already charge me a $5 international ATM fee, plus a 1% international exchange rate fee for using an ATM overseas.
Forex only changes cash and travellers cheques. They don't have an ATM.
Most banks has ATM's in Denmark. You will need to ask your own bank or credit card issuer what the charges will be when you withdraw money at ATM's abroad.
It will almost always be better to change cash in Denmark, and not in your home country.
Here is a complete list of FOREX branches, BTW:
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Forex. Where to get best rates?
Where to get best rates fit euros in Copenhagen? At Kastrup the best I get is 5 dkk for a euro, and that sucks.
No, exchange offices at the airport don´t take 1/3 of the amount as profit with a 5 DKK rate, but some shops and cafes might do. The usual bank rate is around 7.2 - 7.3 DKK per €.
You can see a list of exchange offices here, including the very regular Danske Bank.
I don´t now if American Express might have a rather poor rate there, though.
Forex is a good place and doesn´t have a branch at the airport, but for example at the Central Station and Nørreport Station forexbank. dk/
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Forex. Where to get best rates? - Copenhagen Forum.
Best place to exchange money on arrival in Copenhagen - Copenhagen Forum.
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Rate given in England does not seem to be as favourable as those in Denmark or are there hidden charges?
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Change at the airport.
Disregard the airport option. Bad exchange rate.
There's Forex's located several places in Copenhagen, including the Central Station.
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Thanks Quitzau for your reply, you have confirmed what i had heard. As for changing money at the.
airport that has never happened and never will as you say "Bad exchange rate" and that's in any airport !
Do I need to bring cash or can I just use an ATM? We usually use an ATM to get cash when we go anywhere.
Unless it's your only option I wouldn't exchange any money. Theres no such thing as getting a good rate , just less bad ones. Pretty much everywhere takes debit and credit cards and if you need walking around money get it from an ATM. The best exchange rate is from ATMs.
I totally agree with the ATM and credit card options. I am in Copenhagen now and just found out that the money changer charge high commisions - 45kroner per transaction and if you change above 45euros, the commission is 12%!
I'm in Copenhagen now. The exchange charge high commissions: 45kroner per transaction, and if you change above 45euro, commission is 12%. So best to use atm and credit cards.
For anybody who is taking cash to Denmark. I have just returned from this wonderful city and can catorgorically confirm that I changed money at Forex at the main train station and was charged 35dkr for any amount of money, Which is a lot cheaper than the charges administered by my card provider if I used atms.
Just was looking for the same info .. Thanks a lot Dean. Just one more question .. Is there commission charged on the transaction above 45euro ? And is the rate same as advertised on the forex website ?
no I wasn't charged commission above 45 euro. I changed £'s and it didn't matter if I changed £100 or £500 the charge was still the same for 1 transaction 35dkr. I asked this question before I went ahead if it had been a ridiculous amount I would have used the ATM. I do not know if it is the same rate as advertised on the Forex website, but it was certainly better than the exchange rate I could obtain in England.
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