Readers’ suggestions: Which bank is the nice choice for foreigners in Denmark?

The Local requested its readers to proportion their guidelines about which financial institution gives the best account for foreigners living in Denmark. Here’s what they had to mention.
Which bank is the best desire for foreigners dwelling in Denmark?
The most popular desire amongst the responses we obtained turned into Nordea, which is a part of a big Nordic financial organization.
Why Nordea?
“English provider was properly. Accounts had low expenses, and their mortgage offer has grown to become out to be the nice, overall,” Gareth Bristow, who lives in Copenhagen, wrote.
A reader in Horsens, who did not provide their call, also mentioned correct English capabilities among Nordea personnel.
“It became the most effective financial institution that agreed to open me an account when I arrived in Denmark almost eight years ago. Also, anyone there speaks English and are willing to assist,” the commenter wrote.
Other human beings responding to our questionnaire named top customer service, help with mortgages and few unexpected costs as reasons to select Nordea.
Were any other financial institution bills recommended?
Danske Bank and Vestjysk Bank have been also endorsed as accurate banks for foreigners to open Danish accounts.
In the case of the former, an excellent English-language website and app changed into considered a triumphing feature with the aid of a couple of readers.
At Vestjysk Bank, customer service became praised.
“They are constantly equipped and eager to assist, which as an expat I ought to see hardly ever with the other banks that I attempted,” wrote Saleh, who lives in Esbjerg.
Any banks readers encouraged heading off?
Although some recommended it, Danske Bank was additionally the bank most-often noted as the only to keep away from. Our readers mentioned costs charged by using the bank as the maximum commonplace reason for this.
In popular, readers counseled to be sure you ask approximately any fees you might be vulnerable to pay earlier than opening a bank in Denmark, inclusive of annual expenses and prices for ATM withdrawals.
What different advice became given?
The most essential step you ought to take before trying to open a bank is to sign up as a resident in Denmark and be issued with a non-public registration (CPR) wide variety, according to our readers.
“You need a (registration) number first, that could take many months to get hold of. Without that, you’ll battle to do many things, which includes establishing a financial institution account,” Bristow wrote.
“Without a bank account, you cannot get hold of an income both. Additionally, banks are an awful lot more loathe to provide credit score cards with a credit line. I even have notable credit score records with an awesome activity but become now not provide a credit card (with credit line) when I signed up,” he introduced.
Gareth Bristow additionally supplied a few very useful comments approximately saving and borrowing with Danish banks.
“The imperative lending fee could be very low, as it’s far throughout Europe, which means that savings bills provide very low returns. On the opposite side, home loans are very reasonably-priced and really reachable. Given this and the tax structure, I strongly propose buying a home faster in case you plan to make Denmark your house,” he wrote.