How to send money to the Faroe Islands
Find out how to make a money transfer to the Faroe Islands at the best DKK rate in a few easy steps
1. Check the DKK exchange rate against your own currency
Making your transfer on a favorable day means more money arrives. Keep track of the evolution of the Danish krone mid-market and send the money when you can get a good exchange rate.
2. Find the most interesting deal by comparing all money transfer providers.
We only list a few services to make money transfers to the Faroe Islands (such as TransferWise, Xendpay) but it is nonetheless important to compare your options to get the best deal.
3. Select the best money transfer company for your personal needs
Do you need to send money to the Faroe Islands at the lowest cost, with the highest speed of transfer or with the top rated company?
In addition, you may want to consider the pay-in and pay-out methods. You may have the possibility to pay by transferring the money from your bank account or by debit or credit cards. In Faroe Islands, you often have to decide if you want the amount in DKK to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and get started wih your transfer to the Faroe Islands with the money transfer provider you selected
Now, simply complete the sign-up form on the money transfer provider's website (you most of the time have to provide some information to prove your identity), and provide the details of your transaction.