Danske Bank to drop PostNord after 21 years

As of next year, customers will have to look elsewhere for their simple banking needs

As of 1 January 2018, customers will no longer be able to carry out simple banking transactions at the post office.

Danske Bank has announced it will drop its agreement with PostNord, which has allowed customers to pay bills and withdraw money at PostNord’s 190 postal offices nationwide since 1996.

“We’ve looked at the agreement and seen that transactions at the post offices have declined by 75 percent over the past four years,” Torben Elling Gamst, a senior VP at Danske Bank, told business media Finanswatch.

“At that rate and, considering what’s on the horizon, we have to say that we have other solutions that can cover those needs.”

READ MORE: First class shake-up at PostNord to blame for third class results

Alternative avenues
Gamst went on to say that ending the deal with PostNord will save Danske Bank a two-figure million kroner amount annually.

Another reason for the agreement coming to an end is the reduced number of postal offices capable of handling banking business.

Danske Bank encourages customers who have utilised the postal offices for their banking needs to explore alternative avenues.

Such solutions could include digital solutions, which are also more affordable for the customers – it currently costs a 40 kroner fee to pay a bill at the postal offices.





  • How internationals can benefit from joining trade unions

    How internationals can benefit from joining trade unions

    Being part of a trade union is a long-established norm for Danes. But many internationals do not join unions – instead enduring workers’ rights violations. Find out how joining a union could benefit you, and how to go about it.

  • Internationals in Denmark rarely join a trade union

    Internationals in Denmark rarely join a trade union

    Internationals are overrepresented in the lowest-paid fields of agriculture, transport, cleaning, hotels and restaurants, and construction – industries that classically lack collective agreements. A new analysis from the Workers’ Union’s Business Council suggests that internationals rarely join trade unions – but if they did, it would generate better industry standards.

  • Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    The numbers are especially striking amongst the 3,477 business and economics students polled, of whom 31 percent elected Novo Nordisk as their favorite, compared with 20 percent last year.