Years ago, to send money from Denmark to the Philippines, most Filipinos in Denmark use international money transfer operators such as MoneyGram and Western Union and through bank wire transfers.
Because there were only about a few thousands of Filipinos in Denmark back then, there were not a lot of remittance companies in Denmark that cater solely for money transfers to the Philippines, unlike in other European countries.
Now, there are three BDO remittance partners in Denmark — TAVEXWISE, RIA Financial and Small World Financial.
Central Station Office
Bernstorffsgade 16-22, 1577
You can also go to tavexwise.com, if you prefer to send money online through your European bank’s online banking.
RIA FINANCIAL SERVICES
Copenhagen, 84, Denmark
SMALL WORLD FINANCIAL SERVICES
Norre Voldgade 80, 1358
If you’re near Western Union and Moneygram, it might be more practical to just send money from Denmark to the Philippines through them:
Ongoing promo: as low as 50 Danish krone for money transfer to the Philippines
50 kr for remittance amount of up to 500 kr
90 kr for remittance from 500.01 kr to 3,000 kr
140 kr for remittance from 3000.01 kr to 6,000 kr
190 kr for remittance from 6,000.01 kr to 8,000 kr
240 kr for remittance from 8000.01 kr to 10,000 kr
Note: Western Union also says on its website that it also earns from the foreign exchange rate, so when you’re comparing remittance fees, observe also the rates at which the currencies are converted.
There are more than 390 Western Union agent locations in Denmark and more than 7,000 agent locations in the Philippines.
Find MoneyGram in banks, petrol stations, local stores, travel agencies and other commercial locations.
COINSTAR MONEY TRANSFER
Find Coinstar locations in the cities of Copenhagen, Bronshoj, Taastrup, Glostrup and Odense.
This global remittance firm operates in 136 countries. It has been acquired by Sylmar, California-based financial services firm Sigue Corp. in June 2011.
METROBANK Correspondent Banks in Denmark
Citibank International PLC
Fionia Bank A/S formerly called Amtssparekassen FYN A/S
Jyske Bank A/S
Spar Nord Bank
Danske Bank A/S
Nordea Bank Denmark A/S
PHILIPPINE NATIONAL BANK Correspondent Banks in Denmark
Arbejdernes Landsbank AS, Copenhagen
Danske Bank AS, Copenhagen
Fortstaedernes Bank AS, Copenhagen
Jyske Bank A/S, Copenhagen
Nordea Bank Denmark A/S, Copenhagen
Ringkjobing Landbobank A/S, Ringkoebing
Roskilde Bank A/S, Roskilde
Skandinaviska Enskilda Banken AS, Copenhagen
Spar Nord Bank, Aalborg
Sydbank AS, Aabenraa
7,175 are permanent Filipino residents
5,161 are temporary Filipino residents
Other notes as of 2009:
Compared to other European nations where there are thousands of Filipino emigrants and OFWs, there are only about 6,600 Filipinos who are permanent residents and about 2,700 Filipinos with temporary visas in Denmark as of 2009, according to the CFO.
The European countries with the most number of Filipinos as of 2009 are:
Great Britain (UK) — 200,987
Italy — 119,508
Germany — 55,309
Greece — 51,656
Spain — 51,268
France — 50,013
Related Post: BDO Remittance Partners in Denmark