The older banknotes and the current 1000-krone banknote will become invalid after 31 May 2025. You have different options for redeeming or using the notes up to and including 31 May 2025:
- You can pay with your banknotes in stores as usual.
- You can deposit them in your bank account. Current 1,000-krone banknotes (2009 series) and banknotes from the 1997 series can be deposited via cash machines with a deposit function (deposit limits may vary).
- If you have banknotes from even older series, check your bank’s website or contact the bank to find out how they offer to accept them.
- Due to money laundering regulations, you may find that the bank asks where the notes come from.
- You can also keep them as a collector’s item.
Danmarks Nationalbank's banknote exchange points
On 2 December 2024, Danmarks Nationalbank will open three banknote exchange points in Aarhus, Odense and Copenhagen respectively. The banknotes that will be invalid can be exchanged here until 31 May 2026. That is up to one year after the banknotes become invalid as legal tender.
However, until 31 May 2025, there are several options for exchanging these banknotes: you can use cash machines with a deposit function in Denmark, contact your bank in Denmark or use cash as means of payment in retail stores in Denmark.
Exchanging banknotes via Danmarks Nationalbank's exchange points will be subject to anti-money laundering regulations and will therefore have similar documentation requirements as at banks.
Exchange of banknotes requires physical attendance, completion of a written declaration and presentation of photo ID. It will not be possible to send cash to Danmarks Nationalbank.
Foreign citizens and legal entities are also able to use the exchange points subject to applicable anti-money laundering requirements.
Banknote exchange points in Greenland and the Faroe Islands
In Greenland and the Faroe Islands, it will also be possible for Greenlandic and Faroese citizens to exchange the redeemed banknotes in the period from 1 June 2025 until 31 May 2026. That is up to one year after the banknotes become invalid as legal tender.
Further information about this option will be published on this page.
More information follows
You will be able to read more information about location, opening hours and terms on this page before the banknote exchange points open on 2 December 2024.
Information letter
Information letter from Danmarks Nationalbank issued in September. You can read the letter here.
1000-krone banknotes featuring bridges and archaeological finds (2009 series)
The banknote belongs to the latest banknote series and is legal tender until 31 May 2025. Up to and including this date, you can therefore use 1000-krone banknotes in shops, for cash payments between citizens, or you can deposit them into your account via ATMs and at your own bank – just as you have been able to do so far.
Shops:
You can generally use your 1000-krone banknotes to pay in shops. Please note that shops and other businesses:
- Are not allowed to accept cash payments of kr. 15,000 or above for goods or services (due to anti-money laundering rules). This applies whether you pay the amount in cash all at once or in instalments.
- Have the option – but not the obligation – to refuse to accept your 1000-krone banknote if you need more than kr. 750 back in change.
ATMs:
At many ATMs, you can deposit as well as withdraw cash. You can therefore deposit your 1000-krone banknotes into your account via your bank’s ATMs. Please note that there are limits to the amount of money each ATM can accept.
Banks:
You can deposit your 1000-krone banknotes into your account at your own bank. Practices for depositing cash may vary from bank to bank. Visit your bank’s website to find out how your bank handles cash.
Please note that your bank has a duty to enquire about the money if there is any suspicion of money laundering. Read more about what to expect at the bank.
Banknotes featuring portraits and church art (1997 series)
Banknotes featuring portraits and church art (1997 series) are, in principle, still legal tender until 31 May 2025. However, in practice, the banknotes are difficult to use as a means of payment, as not everyone is aware that they are still legal tender. It may therefore be a good idea to deposit the banknotes into your bank account.
Shops:
The banknote scanners in most shops recognise banknotes featuring portraits and church art (1997 series). However, you may find that shop staff may have difficulty recognising the banknotes or that they are not aware that they are still legal tender. Please note that due to anti-money laundering rules, shops and other businesses are not allowed to accept cash payments of kr. 15,000 or above for goods or services (due to anti-money laundering rules). This applies whether you pay the amount in cash all at once or in instalments.
ATMs:
At many ATMs, you can deposit as well as withdraw cash. Most ATMs are set to recognise banknotes featuring portraits and church art (1997 series). Please note that there are limits to the amount of money each ATM can accept.
Banks:
You can deposit your banknotes featuring portraits and church art (1997 series) into your account at your own bank. Practices for depositing cash may vary from bank to bank. Visit your bank’s website to find out how your bank handles cash.
Please note that your bank has a duty to enquire about the money if there is any suspicion of money laundering. Read more about what to expect at the bank.
Banknotes featuring portraits and landscapes, portraits and animals, and the substitution series (series from 1944 to 1972)
Banknotes from the substitution series (1944 series), banknotes featuring portraits and landscapes (1952 series) and banknotes featuring portraits and animals (1972 series) are, in principle, still legal tender. However, in practice, the banknotes are difficult to use as a means of payment, as not everyone is aware that they are still legal tender. It may therefore be a good idea to deposit the banknotes into your bank account.
Be aware, that older banknotes may be worth more among banknote collectors than the nominal value printed on the banknotes. You are, of course, welcome to keep older banknotes and 1000-krone banknotes as collector’s items. Just be aware that they are no longer legal tender after 31 May 2025.
Shops:
The banknote scanners in many shops do not recognise banknotes issued before 1997.
ATMs:
Many ATMs allow you to deposit cash, but very few of them will accept banknotes issued before 1997.
Banks:
You can deposit your pre-1997 banknotes into your account at your own bank. Practices for depositing cash vary from bank to bank. Visit your bank’s website to find out how your bank handles cash.
Please note that your bank has a duty to enquire about the money if there is any suspicion of money laundering. Read more about what to expect at the bank.
Banknotes issued before 1944
Banknotes issued before 1944 stopped being legal tender in connection with the banknote changeover in 1945 and have therefore not been legal tender since then. Today, the banknotes are only valuable as collector’s items and cannot be used as a means of payment in either shops or banks.
Greenland and the Faroe Islands
In Greenland, the same series of banknotes are used as in Denmark. When older Danish banknotes and the current 1000-krone banknote become invalid after 31 May 2025, these banknotes will thus also become invalid in Greenland.
The Faroe Islands have their own banknotes, which have the same value and format as the Danish banknotes. Like Denmark, older Faroese series of banknotes are also legal tender on the Faroe Islands. However, Faroese banknotes are not legal tender in Denmark, but they can be exchanged for Danish banknotes free of charge.
The recall of Danish banknotes does not invalidate the Faroese series of banknotes.