Payment rail · Denmark
Payment rail · DenmarkWhat is Straksbetaling?
Straksbetaling — Danish for instant payment — is a krone transfer settled individually and in real time in TIPS under TARGET DKK, available around the clock every day, with Danmarks Nationalbank responsible for the Danish service. Poplin pays out to Denmark over Straksbetaling, settling the same business day at the latest.
Source: Danmarks Nationalbank (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
Which rail reaches…
Which rail reaches your recipient?
No destinations match that search.
A payout to Denmark clears fastest over
Intradagclearing
settles the same business day · 0.75% + $1.00 on a business account
Also reaches DKK accounts over
Also reaches EUR accounts over
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over Straksbetaling — and what Poplin charges to send.
Settlement
Same day
a ceiling, not the typical time
Reaches
1
country — Denmark
Paid out in
DKK
Danish krone
Business fee
0.75%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How Straksbetaling payouts move.
From your US-dollar balance to an account in Denmark — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Danish kroner at the mid-market rate — no markup added.
Cleared over Straksbetaling
Poplin clears the payout over Straksbetaling, Denmark’s instant payments.
Arrives inside the window
Straksbetaling settles the same business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where Straksbetaling reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
// related rails
Other rails to Denmark.
Straksbetaling — FAQ
Basics
What is Straksbetaling?
Straksbetaling — Danish for instant payment — is a krone transfer settled individually and in real time in TIPS under TARGET DKK, available around the clock every day, with Danmarks Nationalbank responsible for the Danish service. Poplin pays out to Denmark over Straksbetaling, settling the same business day at the latest.
Speed
How long do Straksbetaling payouts take?
Over Straksbetaling, Poplin payouts settle the same business day. Payments leave your account in seconds; Straksbetaling then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over Straksbetaling with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.75% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over Straksbetaling?
Straksbetaling is how Poplin pays out to Denmark, in DKK. Poplin also reaches Denmark over Intradagclearing (DKK), SEPA (EUR), and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Denmark over Straksbetaling.
Open a US-dollar account in minutes. No monthly fees.