Technical Connection for Private Sector Payers

If a company wishes to act as a private sector payer, there are two ways it can connect to the NemKonto system:

1. via a private sector account broker, or

2. via direct connection.

If the company wishes to connect to the NemKonto system through a private sector account broker, it must contact the desired broker directly and enter into an agreement.

You can find an overview of the private sector account brokers here:

Overview of private sector account brokers

If the company connects directly to the NemKonto system, it must act as its own account broker.

For a company to be directly connected to the NemKonto system and operate as both a private sector payer and a private sector account broker, it must hold a license as a:

• bank,

• payment institution,

• e-money institution, or

• insurance company.

In the case of direct connection, the company must follow the technical connection process for private sector account broker, which you can read more about here:

Technical connection for private sector account brokers

Several private sector account brokers are connected to the NemKonto system. Companies can contact one of these brokers to be connected to the NemKonto system as a private sector payer.

Connecting via a private sector account broker is a straightforward solution that ensures a quick and easy setup, allowing the company to start benefiting from the NemKonto system right away.

The company pays a private sector account broker that is technically connected to the NemKonto system. The broker then provides the company with the relevant account information from the NemKonto system, enabling the company to carry out its payments.

Companies must contact a private sector account broker themselves to enter into an agreement for connection.

You can find an overview of the private sector account brokers here:

Overview of private sector account brokers

Companies that wish to join the NemKonto system as private sector payers engage a private sector account broker that is technically connected to the NemKonto system.

This is a service agreed upon between the company and the private sector account broker. Therefore, the connection procedure and pricing are matters to be settled directly between the company and the broker.

You can find an overview of the private sector account brokers here:

Overview of private sector account brokers

Companies are only allowed to make payments to a NemKonto if the recipient’s NemKonto is the correct payment destination and the company has a legal basis to process the recipient’s CPR number in order to retrieve account information from the NemKonto system—such as when the recipient has given consent. This consent may be obtained, for example, when it is agreed that the payment will be made to the recipient’s NemKonto and the recipient provides their CPR number to the private sector payer.

In addition, before a company retrieves account information from the NemKonto system for the first time, it must notify the recipient that they can, at any time, inform the company that payments should not be made to their NemKonto.

There are also other requirements for companies acting as private sector payers - for instance, a company may only retrieve account information from the NemKonto system if it intends to make a payment to the recipient within four banking days.

Furthermore, special rules apply if the company is disbursing amounts covered by Section 513 of the Danish Administration of Justice Act (retsplejeloven).

You can read the requirements in the NemKonto Act here.

You can read the requirements in the Executive Order here.