Compare money transfers to Iceland

Find the best way to send money to Iceland and save on fees and exchange rates!
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Amount, Currencies

3 best ways to send 2000 GBP from the UK to Iceland

Recipient gets 2345.36 EUR
Rate 1.1733
Fees 1 GBP
You pay 2000 GBP
Speed
Instantly
Payment options
Apple Pay Debit card
Receive options
Debit card PaySend Link
Recipient gets 2229.39 EUR
Rate 1.1194
Fees 8.37 GBP
You pay 2000 GBP
Speed
2 days
Payment options
Bank account PISP
Receive options
Bank account
No fees and a special rate on your first 2 transfers
Recipient gets 2225.50 EUR
Rate 1.1127
Fees 0 GBP
You pay 2000 GBP
Speed
Instantly
Payment options
Bank account Debit card Credit card
Receive options
Bank account Mastercard Visa

3 cheapest ways to send 2000 USD from the US to Iceland

$20 off transfer of at least $250 with code NEW20
Recipient gets 2069.29 EUR
Rate 1.0244
Fees 0 USD
You pay 2000 USD
Speed
2 days
Payment options
Bank Debit (ACH) Payee Bank account
Receive options
Bank account
Special rate on your first transfer
Recipient gets 2053.83 EUR
Rate 1.0300
Fees 5.99 USD
You pay 2000 USD
Speed
Instantly
Payment options
Debit card Credit card
Receive options
Bank account Cash Pickup Home delivery Mobile wallet
Recipient gets 2050.08 EUR
Rate 1.0320
Fees 13.49 USD
You pay 2000 USD
Speed
3 days
Payment options
Bank account
Receive options
Bank account

3 easiest ways to send 2000 CAD from Canada to Iceland

$20 off transfer of at least $250 with code NEW20
Recipient gets 1523.69 EUR
Rate 0.7543
Fees 0 CAD
You pay 2000 CAD
Speed
2 days
Payment options
Bank account
Receive options
Bank account
Recipient gets 1511.50 EUR
Rate 0.7569
Fees 3 CAD
You pay 2000 CAD
Speed
Instantly
Payment options
Debit card
Receive options
Debit card PaySend Link
Recipient gets 1506.99 EUR
Rate 0.7588
Fees 13.86 CAD
You pay 2000 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:

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 EUR und USD.
  4. Enter the transfer amount in the selected currency - for example, 2000 GBP.
  5. Select the currency of receipt - the recipient can receive money in Iceland in EUR und USD.
  6. Choose a suitable option from the 5 proposed providers and follow the link to process a money transfer from the UK to Iceland.

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 10 money transfer services for sending money to Iceland

The following chart is a calculation of the transfer of 2000 GBP to EUR from the UK to Iceland.

CompanyRateFees and special offers
PaySend1 GBP = 1.1733 EURFees = 1 GBP
TransferWise1 GBP = 1.1194 EURFees = 8.37 GBP
TransferGo1 GBP = 1.1127 EURNo fees and a special rate on your first 2 transfers
InstaReM1 GBP = 1.1126 EURNo fees
CurrencyFair1 GBP = 1.1118 EURFirst 10 transfers are fee-free
EasySend1 GBP = 1.1092 EURFees = 0.99 GBP
Xe Money Transfer1 GBP = 1.1068 EURSpecial rate for new customers
Western Union1 GBP = 1.1003 EURFirst transfer is fee-free
Remitly1 GBP = 1.1000 EURSpecial rate and no fees on your first transfer
Ria1 GBP = 1.0934 EURNo fees

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.

PaySendPaySend is popular because it keeps the transfer fee from the UK to Iceland to a minimum.
Is it cheap?PaySend has set an advantageous exchange rate - 1 GBP equals 1.1733 EUR and allows you to make the transfer with a fixed minimum fee of 1 GBP.
How to pay?The sender has the option of choosing which payment method is more convenient - Apple Pay or Debit card.
Is it fast?The transfer from the sender from the UK will reach the recipient in just minutes.
How to receive?PaySend has several available methods of receipt - Debit card or PaySend Link.
TransferWiseTransferWise (formerly TransferWise) offers some great options for sending money from the UK to Iceland.
Is it cheap?The exchange rate at Wise is 1.1194 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 Bank account, PISP 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 . The transfer will then be processed instantly.
How to receive?There is only one option available from TransferWise for transfers to Iceland - money can be received into a bank account.
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 1.1127 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.
Xe Money TransferXe Money Transfer 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 1.1068 GBP.
How to pay?The transfer to Iceland can be paid by Bank account.
Is it fast?If you pay via Bank account, 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.

In addition to these providers, you can also use InstaReM, CurrencyFair, EasySend, Western Union, Remitly, Ria 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

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Popular destinations for transfers to Iceland