To become part of PBS, the following prerequisites must be satisfied.
Danish Financial Supervisory Authority (Finanstilsynet)
The bank must be approved by the Danish Financial Supervisory Authority and hold a banking licence.
Danish Financial Supervisory Authority
Denmark's central bank
The bank must set up an account with the Danish National Bank.
Denmark's central bank
Danish Bankers’ Association
Must be a member of the Danish Bankers' Association.
Danish Bankers’ Association
Collaboration with Bank Data Centre
New participants must be affiliated with an approved bank data centre. There are three bank data centres in Denmark:
Bankernes EDB Central
Bankdata
Skandinavisk Data Center (SDC)