Payment


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

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, Shanghai SWIFT code BKCHCNBJS00 
 
Korea
: Shinan Bank, Seoul SWIFT code SHBKKRSE

Japan: Bank of Tokyo Mitsubishi, Tokyo SWIFT code BOTKJPJT

 The auction company does not accept private cheques. Please note that when paying by cheques, goods will not be released until the cheque is honoured by our bank, and that takes up to 8 weeks. 


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.