We introduce a method to test theoretical models for the layer dependence of exchange coupling constants in ultrathin magnetic films. The method is based on the observation of high-energy and highmomentum standing spin wave modes using high-resolution electron energy loss spectroscopy. Experimental data are presented for 5-8 layers of fcc cobalt deposited on Cu(100). The power of the method is illustrated by comparison to two theoretical studies predicting rather different results concerning the ratio of the interlayer and intralayer exchange coupling constants near the surface. Only the theory with a large interlayer coupling shows sufficient energy spreading in the layer dependence of the dispersion curves to match the experimental data. We furthermore discuss the reason for the surprising success of the simple nearest-neighbor Heisenberg model with a single exchange constant matched to experiment. DOI: 10.1103/PhysRevLett.112.127202 PACS numbers: 75.30.Ds The magnetic properties of thin films present an active field in contemporary research, partly because of the importance of magnetic films in information technology, partly because of the scientific challenges involved in our fundamental understanding of magnetism. For several decades, the interplay between finite dimensions, lowered symmetry and the crystallography of thin epitaxial films and the magnetic properties such as the orientation of the easy axis, the magnetization hysteresis, and the nature of domain walls have been studied [1][2][3][4][5]. Motivated by the emergence of atomic scale probes, the focus has lately shifted to the magnetic properties of individual atoms located at the surface or at the interface and specific magnetic ordering phenomena that appear there [6][7][8][9][10][11]. The two most fundamental properties of atoms determining the magnetic order are the magnetic moments of atoms and the exchange coupling between them.Concerning the magnetic moments of atoms in ferromagnetic films, theory and experiment have painted a clear picture. Theoretical studies predict an enhancement of the magnetic moments at surfaces and a reduction in the layer adjacent to nonferromagnetic substrates [12][13][14][15]. Moments inside an adjacent nonferromagnetic substrate may be enlarged [16]. Experimental studies on magnetic moments of atoms using x-ray magnetic circular dichroism [17][18][19] confirm these conclusions.With regard to layer dependence of exchange coupling constants between atoms, the situation is less clear. Theoretical papers have come to contradictory conclusions. Experimental methods to probe for the layer specificity of the exchange coupling are hitherto unknown. For the specific case of fcc cobalt films deposited on Cu(100), e.g., Costa et al. found an enhancement of the surface intralayer exchange coupling by 90% and by 40% in the layer next to the substrate interface [20]. The interlayer exchange coupling between the surface layer and the next layer underneath was also found to be enhanced, but much less so. Layers second to th...