"Waiting times could be long, despite the fact that we're doing everything we can to get extra staff to advise people at exchange points," the National Bank's head treasurer, Niels Kaas, wrote in a press statement.
"Considering the interest we have experienced in the run-up to the deadline, you should prepare in advance, bring the necessary forms and documents and be patient."
Around two and a half years ago, the bank announced that it was phasing out usage of 1,000 kroner notes, as well as all notes from 1944, 1952, 1972 and 1997. The notes in question have been invalid for payment since May 31st, 2025, and the trade-in window will close on May 31st this year.
What should I do if I have old notes?
If you have any notes you want to trade in, you'll have to make a trip to Aarhus, Odense, or Copenhagen. That's because the only three places accepting old notes for trade-in are the Forex shops in these three cities.
In Aarhus you can head to the Forex branch Banegårdspladsen. In Copenhagen, head to Nørre Voldgade, and in Odense, you can trade them in at the Forex in Rosengårdcentret.
After May 31st, the only notes which will be valid are those from 2009.
If you're planning to trade in notes, you will have to fill out a form and show valid photo ID.
How much has been traded in already?
Notes worth a whopping 21.1 billion kroner have already been handed in since November 30th, 2023, and more than 200 million kroner has been handed in since the Forex centres started accepting exchanges in December 2024.
There are still a few billion kroner of old notes in circulation, according to news wire Ritzau.
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