How to send money to Iceland
Find out how to transfer money to Iceland with the best exchange rate in four easy steps
1. See if the ISK exchange rate is favorable
Although the evolution of the currency market is uncertain, it can help you save money to monitor it to maximize how much your recipient will receive. Monitor the evolution of the Icelandic króna mid-market and convert your money when the exchange rate reaches your target level.
2. Find the best deal by comparing all the available providers.
Our comparison engine lists quite a few money transfer companies offering money transfer services to Iceland, such as TransferGo, TransferWise, Western Union, MoneyGram, Xendpay. Going with the best provider from the more than 17 available options is a sure way to save on costs.
3. Pick the best money transfer company with your own criteria
Do you need to send money to Iceland with the most competitive provider, with the fastest provider or with the best rated provider?
In addition, you may want to have a look at the payment solution and pay-out options. Transferring money from your e-banking or via your debit or credit card are the most common payment methods to send money to Iceland online. In Iceland, choose if you need the money to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer to Iceland with the provider you selected
Visit the provider's website to go through the sign-up process - be prepared to upload a copy of your ID and/or a proof of adress - and configure your transfer.
Send money money to Iceland with the current cheapest provider for your next transfer
Questions you may have about your transfers %TO_COUNTRY%
Everyone wins, except expensive solutions
With our model, the only losers are the expensive banks or providers you’ll stop using!
To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.
We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.
We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.
You save money on your transfer by selecting the cheapest provider.
The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.
Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.