Brexit

What does it mean for you as a Danske Bank customer?

According to plan, the UK will leave the EU on 29 March 2019. The negotiations on the UK’s exit are now in the final stage, but it is still too early to say what the outcome will be.

We are of course doing everything we can to prepare for the various Brexit scenarios, so that we are ready regardless of whether the negotiations end with an agreement between the EU and the UK.

Brexit has no impact on the vast majority of our customers, but it may have an impact on customers domiciled or resident in the UK or with products and services in the UK. Find out more below.

 

Before 29 March: No changes

Until 29 March, Brexit will not result in any changes to our products and services, and you can still receive advice from us exactly as you do today.

 

After 29 March: There may be changes

Currently, we also expect that we will be able to offer products and services in, to and from the UK after 29 March. But as the outcome of the negotiations between the EU and the UK is still pending, there may be changes for individual customers if the negotiations do not result in an agreement between the EU and the UK.

If there is an EU-UK agreement
If a Brexit agreement is made, we can continue to offer products and services in, to and from the UK until 2020 regardless of where the individual customers are domiciled or reside.

If we need further licences from the authorities to continue to offer our products and services after 2020, we will of course prepare for this to minimise the impact on our customers.

If there is no EU-UK agreement
If no Brexit agreement is made, we also expect to be able to continue to offer products and services in, to and from the UK. However, the final outcome of the negotiations may have an impact on individual products and services.

We are doing everything we can to ensure that Brexit will have no or minimal impact on our customers. If, contrary to our expectations, Brexit should have an impact on you as a customer with us, we will contact you as soon as possible.

What activities does Danske Bank have in the UK?
We offer financial products and services, primarily within banking and investments, to customers in the UK via our offices in London and Northern Ireland as well as our branches in the Nordic countries and Ireland. We also offer financial services from the UK to customers in the Nordic countries.

Any questions?

If you have any questions about Brexit and what it means, please feel free to write to us:
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