What does a business account cost in 2026?

The short answer

The cheapest package at a Danish bank costs 135–289 kr. a month, plus a setup fee of 0 kr. to 5.000 kr. The setup fee is what separates them: 0 kr. at Nordea, 1.500 kr. at Danske Bank, 3.000 kr. at Nykredit and Spar Nord, 4.800 kr. at Jyske Bank and 5.000 kr. at Sydbank. Over the first year that puts Nordea cheapest at 2.940 kr. and Jyske Bank dearest at 7.560 kr.

Wise and Revolut are cheaper, but they are foreign, not Danish business accounts, with no Danish reg.- and account number. Every figure below comes from the providers' own price pages and price lists, checked on 17 September 2026. They change, and some banks set business prices individually, so treat them as a map of the terrain, not a quote.

Prices compared: banks and neobanks

Each provider's cheapest package, sorted by what the first year costs: twelve months plus setup, at monthly billing. The bar shows each first year against the dearest on the list.

What actually drives the price

Two accounts that both say "business account" can be far apart in what you end up paying, and both be fair. The difference sits in one of these five places:

• The package, not the account. You rarely pay for the account alone. You pay for a bundle of account, card, online banking and sometimes advice. The tier decides the price more than the bank does.
• Transfers. Some packages include a fixed number of free domestic transfers a month and charge per transfer above that. A business paying many suppliers can blow past the headline fee on transfers alone.
• Cards. How many physical and digital cards are included, and what an extra one costs. Relevant the moment you have staff who buy things.
• Setup and billing rhythm. A 0 kr. setup fee is often tied to the dearer tier, and "billed annually" means the whole year up front. Both change what the first year actually costs.
• Advice and support. Access to a human adviser is part of what the big banks price in. If you will never use it, you are paying for it anyway.

Sole trader or limited company

For a sole proprietorship there is, as a rule, no legal requirement for a separate business account. You can run the business through a private account. Almost nobody should. The moment private and business transactions share an account, every VAT return and every accountant's hour gets slower, because each entry has to be sorted by hand afterwards. A separate account costs less than those hours. More in Does a sole proprietorship need a business account?

For a limited company (ApS or A/S) the picture is different: the company's capital has to sit in an account in the company's own name, so a business account is part of setting the company up in the first place. See Business account for an ApS.

One thing worth knowing either way: every business in Denmark has the right to a basic business account at a Danish bank. A bank can decline the extras, but not the basic account itself. If you are turned down, that is the rule to point to.

Cheapest is not the same as cheapest

A worked example from the list. Danske Bank Business One costs 139 kr. a month and Nordea's business account 245 kr. On the monthly figure Danske Bank wins by more than 100 kr. But Danske Bank charges 1.500 kr. to open and Nordea 0 kr., so over the first year Danske Bank costs 3.168 kr. and Nordea 2.940 kr. From year two the order flips back, and Danske Bank is 1.272 kr. a year cheaper.

That is the whole point. The number on the front page is the price of the package, not the price of your usage. Count your transfers, your cards and your setup, and compare on that total over the years you expect to stay. It takes ten minutes and is the only comparison that means anything. The cheapest options, ranked, are in The cheapest business account.

The cost most people overlook

If you take card payments, the money from your terminal or POS lands in your account as a settlement. It arrives as one lump, often a day later, often net of fees, and with a reference that has nothing to do with the sales it came from. Then someone has to match the two. In many small businesses that someone is the owner, at the end of the month, with two statements side by side.

That is a cost. Not a fee, but hours, and they scale with how many days you trade. It is the reason we built SEJR Konto as an account reconciled with SEJR Pay: the sale and the incoming payment carry the same reference, so the month closes on a match instead of an evening with receipts. It costs from 249 kr. a month. What the reconciliation is worth to you, you can already estimate: count the hours you spend on it now.

Checklist before you open one

• 1 What is the first-year total: setup plus twelve months, at your billing rhythm?
• 2 How many domestic transfers are included, and what does one cost above that?
• 3 How many cards are included, and what does an extra one cost?
• 4 Is there a lock-in, and what does it cost to leave?
• 5 Does it integrate with your bookkeeping, and does the integration cost extra?
• 6 If you take card payments: how does the settlement land, and can it be matched to the sales without doing it by hand?

If a provider can answer all six clearly, you are comparing on an honest basis.

Frequently asked questions

Who has the cheapest business account?

Among Danish business accounts, Nordea is cheapest in the first year at 2.940 kr., because setup is 0 kr. Wise and Revolut are cheaper, but foreign and without a Danish reg.- and account number. But "cheapest" depends on how many transfers and cards you use, and whether there is a setup fee. Nykredit Enkel has the lowest monthly price, 135 kr., but a 3.000 kr. setup fee makes it dearer in the first year. Calculate on your own usage, not the sticker price.

Which bank is best for a business account?

There is no single answer. The big banks offer advice and breadth, the neobanks offer fast digital onboarding and an app overview, and specialised providers offer integration with what you already use, such as bookkeeping or your POS. Choose by what your business actually does every day, and by the combined price for your usage.

Do I need a business account for my sole proprietorship?

As a rule there is no legal requirement for a separate account for a personally owned business. But it is strongly recommended: you separate private and business, VAT and expenses become easier to document, and your accountant spends fewer hours. If you run a limited company (ApS or A/S) the situation differs: the company capital must sit in an account in the company's own name.

What does a business account cost at a bank?

At the large Danish banks a business account typically runs from 135 kr. to 245 kr. a month for the cheapest package, and setup ranges from 0 kr. at Nordea through 1.500 kr. at Danske Bank and 3.000 kr. at Nykredit to 4.800 kr. at Jyske Bank and 5.000 kr. at Sydbank. Some banks discount for existing private customers. The figures come from the banks' own pages in September 2026 and change over time.

Can I use my private account for the business?

For a sole proprietorship you technically can, but most banks would rather you did not, and it makes your bookkeeping and VAT returns needlessly hard. Mix private and business, and every single entry has to be separated by hand later. A separate business account costs less than those hours.

What does SEJR Konto cost?

From 249 kr. a month on the Starter plan with no setup fee. SEJR Konto reconciles with SEJR Pay, so the sale and the incoming payment carry the same reference. You apply online in a few minutes, and nothing is binding until you have seen the terms.