Find the best providers to send money to Iceland

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Find the best providers to send money to Iceland

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How to send money to Iceland

Find out how to send money to Iceland with the best rate with these 4 steps

1. See if the Icelandic króna mid-market rate is in your favor

Making your transfer on a favorable day gives you more Icelandic krónas for your money. It's a good idea to subscribe to exchange rate email alerts to monitor the ISK mid-market rate against your currency.

2. Make your choice among the more than 44 companies available for transfers to Iceland and find the best deal.

We compare many different companies to make money transfers to Iceland, such as Wise, Remessa Online, SingX, TransferGo, Revolut. Get the most of your transfer by comparing all your options and select the most competitive one for your upcoming transfer.

3. Pick the best provider for your personal needs

Do you need to make a transfer to Iceland at the lowest overall cost, with the highest speed of transfer or with the provider with the best ratings?

4. Sign up and start your transaction to Iceland with the service of your choice

Now, simply fill the sign-up form on the provider's online portal - be prepared to upload an offical ID and/or a proof of adress - and get started with your transfer.

Best money transfer providers to send money to Iceland

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You can also send Airtime Top-Up to Iceland instead 📲

With Monito, you can take advantage of lightning-fast airtime and data top-ups with our trusted partner, WorldRemit

Recharge airtime or mobile data online by entering your loved one's number and letting WorldRemit take care of the rest!

Compare all available providers before your next transfer to Iceland

25M+ comparisons made

Powering around 7 million comparisons a year, Monito is a world leader in comparing international money transfer services
$75M+ in transfer fees saved

By choosing a transfer service found on Monito, the average user pays just 0.59% in fees and exchange rates. Compared to the 4.6% paid at a bank or traditional cash transfer service, Monito users have saved over $75 million in total to date!
200 services reviewed

For every service appearing on Monito, our experts build in-depth reviews using dozens of verifiable criteria to make clear, actionable recommendations to guide your decisions.
2,000+ guides published

Far too often, sending money abroad is both pricey and problematic. That's exactly why our team of experts works tirelessly to offer the most in-depth, up-to-date, and helpful consumer advice for your disposal.

Questions you may have about your transfers to Iceland

Can I trust a company I found on Monito but have never heard about before?

We review money transfer companies and give them a Monito Score, including a Credibility and Security component. You can find if a money transfer company is reputable and trustworthy in our comparison results or on a company's review page. A general rule is that we only list money transfer operators or banks that are fully authorized and monitored by the regulatory authorities of their operating countries.
How can I use Monito to find the best ways to send money to Iceland?

Before you make a money transfer to Iceland, compare the costs of the different options on Monito. Rates and fees change often, so for the best deal, do a comparison before every transfer — they may have changed since you last sent money. Once you enter the details about how much you want to send and from which country, click on compare. You’ll see a list of all the options to send to Iceland. The best option is at the top, but you may want to consider other criteria such as the speed of transaction or the pay-in or payout methods.
I simply use my bank to send money to Iceland, do I really need to compare other options?

Of course! Banks are usually not the best way to make international money transfers. The fees can be quite low (sometimes even zero), but banks often apply inflated exchange rates. We list as many banks as possible in our results, so you can compare and find out if you’d be better off switching to another bank or a specialized money transfer company.
Is it possible to send money with Monito, or are you just a service to compare money transfer services?

Monito is not a money transfer company. We’re here to help you find the best way to send money abroad. Just tell us which country you’re sending money from and which country you want to send money to, and we’ll show you a list of all available services. Once you select the best one for your needs, you'll be redirected to the money transfer provider’s website to get started with your transfer.

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

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