Compare money transfers to Iceland

Find the best way to send money to Iceland without fees.
As of May 20, 2024 you have 20 options available with an exchange rate starting at 1.1681 EUR per 1 GBP.



The results were calculated a few hours ago

8 best ways to send money from the UK to Iceland

How to send 2000 GBP to EUR
Best
Fastest
No fees
Special rate for new customers
2000 GBP = 2326.20 EUR
Rate 1.1631
Fees 0 GBP
Speed
Within 24h
Payment options
Bank account Credit card Debit card
Receive options
Bank account
Fastest
No fees
First transfer is fee-free
2000 GBP = 2301.61 EUR
Rate 1.1508
Fees 0 GBP
Speed
A few minutes
Payment options
Mastercard Visa Apple Pay Google Pay
Receive options
Mastercard Visa Bank account
Cheapest
£20 off first 2 transfers with code FROMTO20X2
2000 GBP = 2328.40 EUR
Rate 1.1642
Fees 0 GBP
Speed
2 days
Payment options
Bank account
Receive options
Bank account

6 cheapest ways to transfer money from the US to Iceland

How to transfer 2000 USD to EUR
Best
Fastest
No fees
Special rate for new customers
2000 USD = 1795.00 EUR
Rate 0.8975
Fees 0 USD
Speed
Within 24h
Payment options
Bank account Credit card Debit card
Receive options
Bank account
Fastest
Special rate on your first transfer
2000 USD = 1824.12 EUR
Rate 0.9148
Fees 5.99 USD
Speed
Instantly
Payment options
Debit card Credit card
Receive options
Bank account Cash Pickup Home delivery Mobile wallet
Cheapest
$10 off first 2 transfers with code FROMTO
2000 USD = 1831.20 EUR
Rate 0.9156
Fees 0 USD
Speed
2 days
Payment options
Bank Debit (ACH) Payee Bank account
Receive options
Bank account

6 easiest ways to wire money from Canada to Iceland

How to wire 2000 CAD to EUR
Best
Fastest
No fees
Special rate for new customers
2000 CAD = 1335.20 EUR
Rate 0.6676
Fees 0 CAD
Speed
Within 24h
Payment options
Bank account Credit card Debit card
Receive options
Bank account
Fastest
No fees
Special rate and no fees on your first transfer
2000 CAD = 1326.20 EUR
Rate 0.6631
Fees 0 CAD
Speed
Instantly
Payment options
Debit card Credit card
Receive options
Bank account Cash Pickup Home delivery Mobile wallet
Cheapest
$20 off first 2 transfers with code FROMTO20X2
2000 CAD = 1345.80 EUR
Rate 0.6729
Fees 0 CAD
Speed
2 days
Payment options
Bank account
Receive options
Bank account

The best services to transfer money to Iceland

List of the best services to transfer money from the UK to Iceland:

🪙 Cheapest to a bank accountInstaReM
🥇 Fastest to a debit cardTransferGo and Profee
💳 Best with credit card paymentTransferGo and Xe
💸 Convenient Card-to-CardTransferGo and Profee
💶 Easiest cash pickupRemitly

Some of us find ourselves trying to purchase land in Selfoss, give out loan to a brother in Reykjavik, or even seal the deal with our supplier in Akureyri. If any of these or something similar rings a bell to you, you're most likely trying to wire money to Iceland.

If you're new to the world of overseas transactions, especially concerning this Nordic Island Nation, you might experience some apprehension. That's perfectly normal. Using the right platform that is stress-free and free from security risks, will lessen your worries with time. But how exactly do you find the right transfer service? There are so many of them, and figuring out which one is the best, can be tricky. We'll be taking you through all of that in this article. You'll learn the easiest way to transfer funds to your friends and family in Iceland, from any country.

How to send money to Iceland online?

  1. Enter the country of departure – United Kingdom.
  2. Enter the country of receipt – Iceland.
  3. Select the departure currency - you can send money online from the UK in GBP, EUR, USD.
  4. Enter the transfer amount in the selected currency - for example, 2000 GBP.
  5. Select receipt currency - the recipient can receive money in Iceland in EUR and USD.
  6. Choose an appropriate option from the 8 proposed providers and follow the link to process a money transfer from the UK to Iceland.

Available options for receiving remittances to Iceland

We have found several available options for receiving remittances in Iceland. Receiving a transfer in Iceland can be done to a bank account, card, mobile wallet or in cash.

How do I send money to Iceland to a card?

How do I transfer money to Iceland to a bank account?

How do I send money to Iceland to a mobile wallet?

Different ways to pay for money transfers to Iceland

We have found a few convenient ways to pay for money transfers to Iceland. You can use a Bank account, PISP, SWIFT, Debit card, Credit card, Apple Pay, Google Pay, Bank Debit (ACH) or Payee to pay for transfers to Iceland.

How to transfer money to Iceland with a debit card?

How to send money to Iceland from a bank account?

How to remit money to Iceland by credit card?

How to wire money to Iceland using Bank Debit (ACH)?

How to easily process a money transfer to Iceland?

The process of sending money to Iceland is similar to that of sending money to any other international country. You'll first have to identify a transfer service in your country that has Iceland as a beneficiary. The rest is quite simple. You'll often be required to create an online profile first. These would include relevant banking details, depending on the method of payment available, you might also have to provide your credit card information. Once that's complete, you can fill in your beneficiaries' details like their bank account, and start making a transaction.

Easy right? Well, that's only after identifying the right remittance companies. To help you out, consider points such as payment method (both in and out), and window frame of the transfer. Don't forget to cross-check the value of your currency against Icelandic Krona.

Top 8 money transfer providers for sending money to Iceland

The following chart is a calculation of the transfer of 2000 GBP to EUR from the UK to Iceland.
ProviderRateFees and special offers
InstaReM1.1642 EUR£20 off first 2 transfers with code FROMTO20X2
Wise1.1681 EURFees = 7.56 GBP
TransferGo1.1634 EURNo fees and a special rate on your first 2 transfers
Xe1.1631 EURSpecial rate for new customers
OFX1.1607 EURNo fees
Profee1.1508 EURFirst transfer is fee-free
Remitly1.1472 EURSpecial rate and no fees on your first transfer
CurrencyFair1.1040 EURFirst 10 transfers are fee-free

Which service should you use to send money to Iceland?

Many countries engage in international transactions with Iceland daily. For many countries, WorldRemit is the sole or at least the most popular transfer service. They are fast, often completing your transfer within minutes of finalization. WorldRemit is also flexible with their payment methods. Other highly rated providers include Wise, WesternUnion, and Skrill.

Reliable online remittance providers to Iceland

Here are the best providers for secure online transfers from the UK to Iceland.

Send money from the UK to Iceland with Wise

WiseWise (formerly TransferWise) offers some great options for sending money from the UK to Iceland.
💱 Is it cheap?The exchange rate at Wise is 1.1681 EUR for 1 GBP. The fees and transfer speed depend on the payment option you choose and can vary.
💲 How to pay?The best way to pay is via PISP, Bank account or SWIFT. There is also the option of paying using Debit card or Credit card, but the fees will be higher.
⌚ Is it fast?The fastest way to send money is via PISP, Bank account, Debit card or Credit card. The transfer will then be processed instantly. If you use SWIFT for payment, it will take up to 2 days.
💰 How to receive?There is only one option available from Wise for transfers to Iceland - money can be received into a bank account.

Send money from the UK to Iceland with TransferGo

TransferGoTransferGo is one of the easiest and cheapest ways to transfer money from the UK to Iceland.
💱 Is it cheap?TransferGo offers a good exchange rate of 1.1634 EUR per 1 GBP and does not charge any fees for the first two transfers.
💲 How to pay?There are a number of ways to pay for the transfer to Iceland, including Bank account, Debit card or Credit card.
⌚ Is it fast?It will take a few minutes between sending and receiving at TransferGo.
💰 How to receive?The money transfer can be received in the following ways - Bank account, Mastercard or Visa.

Send money from the UK to Iceland with Xe

XeXe has good and reliable option to transfer money from the UK to Iceland.
💱 Is it cheap?XE has set a special exchange rate for new customers - 1 EUR can be exchanged for 1.1631 GBP.
💲 How to pay?The transfer to Iceland can be paid by Bank account, Credit card or Debit card.
⌚ Is it fast?If you pay via Bank account, Credit card or Debit card, the transfer will be delivered within 24 hours.
💰 How to receive?Using XE, the recipient will only be able to receive transfers from the UK to their own bank account.

Send money from the UK to Iceland with Profee

ProfeeProfee makes instant, fast and secure card-to-card transfers from the UK to Iceland with no hidden fees.
💱 Is it cheap?Profee has a low exchange rate - 1 EUR will be converted to 1.1508 GBP.
💲 How to pay?Two types of bank cards - MasterCard and Visa, as well as Apple Pay or Google Pay - can be used to pay for money transfers to Iceland.
⌚ Is it fast?If you need to send money from the UK quickly, Profee is the best option. All card-to-card transfers are instantaneous.
💰 How to receive?Visa and MasterCard are used for receiving transfers from the UK as well as for sending.
In addition to these providers, you can also use InstaReM, OFX, Remitly, CurrencyFair and others. You can compare the offers of each of them in order to choose the most favourable option.

How much does it cost to send money to Iceland?

It's no surprise that people will often try to find the cheapest way to send money to Iceland. While the cost of an international money order can be static, it's quite different from online transactions. You'll find that the price can vary widely across various services and countries. With that in mind, you might notice that Western Union charges 0.004% in online fees on an amount that WorldRemit charges nothing.

Still, ask yourself, what are their delivery options, what exchange rate do they use, and ultimately how much will the person receive after deducting other fees.

About us

Our Company is, without a doubt, one of the best ways to compare money transfers to Iceland. You can avoid the problematic procedure that moving currency virtually entails, with no negotiations on efficiency or security. So you can buy that piece of land Selfoss, or help out the brother in Reykjavik.

FAQ

What is the best way to send money from the UK to Iceland (GBP → EUR)?

What is the fastest way to transfer money from the UK to Iceland (GBP → EUR)?

What is the cheapest way to transfer money from the US to Iceland (USD → EUR)?

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How to receive money transfer from the UK in Iceland?

How to send money from the UK to Iceland for free?

Popular destinations for transfers to Iceland