Danske Bank
Profile
Danske Bank is a northern European bank with special expertise in the Nordic markets. We have offered domestic custody services to international banks and brokers since 1985 and have a leading position in the Danish custody market, where Thomas Murray rates our ser-vices AA-.

Danske Bank has operated in the Nordic markets since 1996, when we established a direct link to VPC, the Swedish CSD – the first non-Swedish bank to do so. Today, we offer Nordic custody services to international banks and brokers based on our central IT platform and direct links to central securities depositories and central banks in the Nordic markets, a unique strategy, as Danske Bank is the only Nordic bank to provide customers with direct access to services in the Nordic countries through a single, shared IT platform.

Custody clients are serviced by a dedicated and experienced client service team working in close contact with our Nordic business units, and they benefit from a single point of contactand uniform operating procedures across all markets.
Services offered
Our functions and services
- Custody & Settlement
- Income Collection
- Corporate Actions
- Proxy Voting
- Tax Reclaims
- Clearing for Remote Members
- Securities Lending
- MIS Reporting
- Fact Sheets on products and markets
- News Service
All core services are based on ISO 15022 SWIFT messages to and from our main BIC address, DABADKKK. Formats are standardised across all markets, and multilisted or domestic securities are easily settled in any of the markets just by specifying the relevant market place (PSET) in Denmark, Norway, Sweden or Finland (VPDKDKKK, VPSNNOKK, VPCSSESS or
APKEFIHH).
Nordic securities can be deposited in a global custody account or in separate accounts, according to your request. All operating procedures and terms and conditions are specified in a standard Service Level Agreement covering any or all of the Nordic markets.