Danske Bank business banking review

Danske Bank provides business banking and investment accounts for large businesses, charities and community organisations.


Fact checked
Danske Bank

Try Tide as an alternative to Danske Bank

  • Award-winning, smart, simple business account
  • The hassle-free account for your business
  • Get your sort code and account number in minutes

What is Danske Bank business banking?

Danske Bank provides business banking options for companies of all sizes, as well as specialised accounts for charities and community organisations. It offers business current accounts, savings accounts, business credit and debit cards, forex and business finance.

As well as its online banking platform District, Danske Bank also has business centres to handle small and medium-sized businesses, and a corporate team dedicated to large businesses.

How does Danske Bank business banking work?

Danske Bank District

District is Danske Bank’s online business banking platform that lets business customers access and manage their business accounts, including viewing transactions and making payments and transfers. You can also use District to transfer your invoices and files into your accounting software program and contact the bank directly.

Danske Bank business banking features

  • Free Mastercard debit card
  • Cash management tools
  • Deposit accounts
  • Dedicated advisers
  • Overdraft option
  • Online, mobile and phone banking
  • Business credit card options

Danske Bank business banking fees

Danske Large Business account
  • District access fee: £10 per month
  • Online payment fees: £0.40/£0.70 per transaction
  • Monthly account fee: £6
  • Automated transaction fee: £0.40

You may also need to pay fees for branch service and Post Office service, as well as lodgement and withdrawal fees.

Danske Bank savings accounts

Danske business investment account

This is an instant access savings account that lets you earn interest on your surplus cash while retaining access to it whenever you need it. Interest is calculated daily and applied on a quarterly basis, and you can access the funds in the account at any time using online banking. The account has a minimum balance of £1, with no maximum balance limits.

Danske fixed term deposit account

The Danske fixed term savings account lets you invest from £5,000 for a variety of fixed terms, provided you also maintain a Danske business current account or investment account. Interest is paid on maturity, and the funds can also only be withdrawn once the term is completed.

You can get a fixed term deposit for a period of one week up to a maximum of five years.

Danske Bank business banking contact details

General inquiries: 0345 8509 515

District customer support: 02890 311377

Small businesses: 0345 266 6555

Business investment account: 0345 850 9515

Compare Danske Bank against its competitors

Data indicated here is updated regularly
Name Product Account fee Bank transfers Accounting integrations Non-Sterling transactions Overdraft Account management Key benefits
Free if both accounts are with Tide
Xero, QuickBooks, FreeAgent, ReckonOne, Kashflow and Sage
Free spending abroad and at home in any currency, instant payment alerts, automatic categorisation
Free up to a max. balance of £5,000 (or up to £500 paid in per month)
2 free transfers per month and unlimited free transfers to Anna accounts
Coming soon
Earn 1% cashback for paying with your ANNA card in selected categories. Enjoy premium benefits free for the first 6 months.
Cashplus business
First year's annual fee refunded.
Free transfers in first 3 months
FreeAgent, Xero

On invitation
App, Online
First year's annual fee refunded.
£9.99 per month
Free in first month
Free Starter plan available
FreeAgent, Xero, Sage, Reckon One, Kashflow, QuickBooks
0.5% in Europe, 1% elsewhere
App, Online

Compare up to 4 providers

Read more on this topic

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site