After 31 May 2025 Danmarks Nationalbank's three banknote exchange points in Aarhus, Odense and Copenhagen will be the only way to exchange banknotes that will become invalid.
Danmarks Nationalbank’s three banknote exchange points are operated in collaboration with the nordic payment institution FOREX. In three of FOREX’s Danish exchange bureaus, a separate counter has been set up where citizens and businesses can exchange banknotes that will become invalid as a means of payment in banks and shops after 31 May 2025.
The banknote exchange points will be in operation until 31 May 2026 – up to one year after the banknotes become invalid as a means of payment in shops and banks.
Therefore, the opening hours of the banknote exchange points are the same as the normal opening hours of the three FOREX exchange bureaus.
Only banknotes that become invalid after 31 May 2025 will be accepted at these banknote exchange points. Other banknotes cannot be exchanged at the banknote exchange points.
Until 31 May 2025, you can continue to pay with the invalid banknotes in shops or deposit them in your own bank account. From 1 June 2025 until 31 May 2026, Danmarks Nationalbank’s three banknote exchange points at FOREX are the only places where citizens and businesses can exchange the invalid banknotes.
Do you want to use the banknote exchange points?
Visit forexvaluta.dk to find the three banknote exchange points and what forms and documentation you need to bring before you arrive.
Remember to fill out the form before you print it – do not fill it out by hand.
Documentation requirements to prevent money laundering
Danmarks Nationalbank’s banknote exchange points are subject to the applicable anti-money laundering regulations. Therefore, if you want to exchange cash, there will be similar documentation requirements as at banks.
Cash exchange requires physical attendance, completion of a written declaration and presentation of photo ID. It will not be possible to send cash to Danmarks Nationalbank and other people cannot exchange the banknotes for you.
Exchange for cash or deposit it in your account
Private individuals can exchange up to kr. 5,000 for new banknotes. You can also choose to have the money deposited in your bank account. Amounts greater than kr. 5,000 will be transferred to your bank account. If you exchange the money on behalf of a business, the money will always be transferred to a bank account.
Exchanging for foreigners and businesses
The banknote exchange points will also serve foreign citizens and Danish and foreign companies that have Danish banknotes that become invalid.
These transactions will also be subject to anti-money laundering requirements and therefore require physical attendance, completion of a written declaration and presentation of photo identification.
For businesses only: Submission of recalled banknotes immediately after May 31, 2025
All stores are obligated to accept the recalled banknotes as a means of payment until and including May 31, 2025.
Thus, Danmarks Nationalbank has, in collaboration with the Ministry of Industry, Business and Financial Affairs, Finance Denmark, and Danish Chamber of Commerce, established frameworks for the transition on May 31, 2025, when the recalled banknotes will cease to be legal tender.
Special conditions for Greenland and the Faroe Islands
In collaboration with the Faroese and Greenlandic banks, Danmarks Nationalbank has made it possible for Greenlandic and Faroese citizens to exchange banknotes at their own bank between 1 June 2025 and 31 May 2026. That means up to one year after the banknotes become invalid as a means of payment in stores.
If you are a customer of GrønlandsBANKEN, Bankivik (Tusass) in Greenland or Føroya Banki, Betri Banki, Norðoya Sparikassa or Suðuroyar Sparikassa in the Faroe Islands, you can continue to exchange the banknotes at your own bank until 31 May 2026. You can also use Danmarks Nationalbank's three banknote exchange points in Aarhus, Odense and Copenhagen.
Kalaallit Nunaanni Savalimmiunilu pissutsit immikkut ittut
Nationalbanken Savalimmiuni Kalaallillu Nunaanni aningaaseriviit suleqatigalugit, Kalaallit Nunaanni Savalimmiunilu innuttaasut piffissami 1. juni 2025 aallarnerfigalugu 31. maj 2026 tikillugu nammineq aningaaserivimminni aningaasanik pappialanik taarsiisinnaanissaannut periarfissiivoq. Tassa imaappoq, aningaasat pappialat pisiniarfinni akiliutissatut atorunnaarnerisa kingorna ukioq ataaseq tikillugu.
Kalaallit Nunaanni GrønlandsBANKEN-imi, Bankivik-mi (Tusass) imaluunniit Savalimmiuni Føroya Banki-mi, Betri Banki-mi, Norðoya Sparikassa-mi imaluunniit Suðuroyar Sparikassa-mi sullinneqaruit, 31. maj 2026 tikillugu ilanngullugulu nammineq aningaaseriverni aningaasat pappialat suli taarsertissinnaavatit. Aamma Aarhus-imi, Odense-mi Københavnimilu Nationalbankenip tunniussisarfii pingasut atorsinnaavatit.
Serlig viðurskifti í Grønlandi og Føroyum
Í samstarvi við føroysku og grønlendsku bankarnar hevur Danski Tjóðbankin gjørt tað møguligt hjá grønlendskum og føroyskum borgarum at innloysa pengaseðlarnar í egnum banka frá 1. juni 2025 til 31. mai 2026. Tað vil siga, upp til eitt ár eftir at seðlarnir eru farnir úr gildi sum gjaldoyra í handlunum.
Ert tú kundi hjá GrønlandsBANKEN, Bankivik (Tusass) í Grønlandi ella Føroya Banka, Betri Banka, Norðoya Sparikassa ella Suðuroyar Sparikassa í Føroyum, kanst tú innloysa seðlarnar í tínum egna banka til og við 31. mai 2026. Tú kanst eisini brúka tey trý innflýggjanarstøðini hjá Danska Tjóðbankanum í Aarhus, Odense og Keypmannahavn.
Frequently asked questions
Below you will find answers to the questions we most often receive in connection with older banknotes and the 1000-krone banknote from the current series no longer being legal tender. You will also find answers to questions regarding new banknotes and coins.