Payment

The auction company does not accept private cheques.

Please note:
Danish customers must make the payments to the Acct. no.
Foreign customers to the IBAN no.

Payments are to be made to:
NORDEA BANK DANMARK A/S
Trade Finance
P.O. Box 850
DK-0900 Copenhagen C
SWIFT code: NDEADKKK

DKK IBAN no.: DK1420000751141270
DKK Acct. no.: 2100-0751141270

USD IBAN no.: DK6420005005556005
USD Acct. no.: 2100-5005556005

EUR IBAN no.: DK7320005005859841
EUR Acct. no.: 2100-5005859841


Or, if it is more convenient for you, you are welcome to use:
Danske Bank
P. O. Box 1193
DK-1011 Copenhagen K
SWIFT code: DABADKKK

DKK IBAN no.: DK0930003130120083
DKK Acct. no.: 9541-7080123

USD IBAN no.: DK8330002188869648
USD Acct. no.: 9541-2188869648

EUR IBAN no.: DK0330004440391923
EUR Acct. no.: 9541-4440391923

For further information please contact the Customer Department on the first floor.

PLEASE NOTE:
When instructing your bank to make a SWIFT-transfer in our favour, please use SWIFT form no. 'M.T. 100', and please ask your bank to use exactly the following wording in the field 59, 'Beneficiary Customer' of the SWIFT message:
 
In line 1:                      (account number of beneficiary)
In line 2:                              (name of beneficiary)
In line 3:                             (address of beneficiary)
In line 4:                             (address of beneficiary)
In line 5:                             (address of beneficiary)

NORDEA'S corresponding banks in particular areas:

Greece: National Bank of Greece, Athens SWIFT code ETHNGRAA

China: Bank of China, Beijing SWIFT code BKCHCNBJ 
 
Korea: Shinan Bank, Seoul SWIFT code SHBKKRSE

Japan: Bank of Tokyo Mitsubishi, Tokyo SWIFT code BOTKJPJT

Terms for payment by documentary credit
1) D/C must be opened irrevocably by SWIFT payable at sight to the banks specified below.
D/C must allow T/T reimbursement.

D/C must be confirmed (by the bank specified below).
2) All banking charges must be for account of applicant.

3) Terms of delivery: Ex warehouse Copenhagen, Denmark.

4) Transshipment and partial shipments must be allowed.

5) Period of presentation: Minimum 10 days.

6) It must be a condition under the D/C that interest from prompt-day until value date of payment to the auction house may be drawn in excess of the D/C amount.

7) Shipment by air freight: Copy of house airway bill required
Shipment by truck: Copy of forwarding agent’s certificate of receipt required

8) Bank required:

Nordea Bank Danmark A/S
Trade Finance
P.O. Box 850
DK-0900  Copenhagen C
SWIFT: NDEADKKK
  
Please state invoice number(s) in the D/C terms.

D/Cs must be opened according to Uniform Customs and Practice UCP 600.

Cash receipts
According to current legislation, Kopenhagen Fur cannot accept cash receipts exceeding a value equivalent to DKK 100,000.00.