Send Money Transfer to Iceland from the UK

How much would you like to transfer £
Compare Money Transfer Rates

VFX

VFX

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£10,000
15
1%
1.137
113,743.08 EUR
FCA Regulated

ClearFX

ClearFX

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£5000
15
5%
1.091
109,147.40 EUR
FCA Regulated

Easyfx

Easyfx

Minimum Transfer
Max Transfer Fee
Margin Rate
Rate Per Single Unit
100000 GBP
gets you
FCA Regulated
£3000
15
0.7%
1.141
114,087.76 EUR
FCA Regulated

Transfer money to Iceland

Whatever your reason for sending money to Iceland. So, Compare Money Transfer will make your currency transfer as straight forward and cost-effective as possible.

Currency for Iceland?
The Icelandic Krona (ISK) is the official currency of Iceland.

Send Money Transfer to Iceland

Buying a real estate property in Iceland? Have your branch office in Iceland and do you pay your staff in the local currency each month?

Are you buying the starting materials for your factory from Iceland and need to pay the bills in the local currency? Are you moving to Reykjavik and want to transfer all your funds to the banks in Iceland? If your answer to one or more of the above questions is yes, then you will need a reliable money transfer solution to send money to Iceland.

In some situations the transfer requirements are one time requirements in other cases, as in the case of buying a property, you will be expected to make money transfer to Iceland a few times and if you are having an offshore unit in Reykjavik, your money transfer needs will be recurring month after month. You will have to make sure that you find a reliable service provider to make money transfer to Iceland.

Using a high street bank can put you to several disadvantages. First of all, you will not be dealing with a money transfer expert or a foreign exchange expert. Bank clerks that will process your money transfer requests will have very little or no knowledge about international money transfer and the currency trends.

Best way to transfer money from the UK to Iceland

So you cannot expect your money transfer to Iceland happen at a time that is financially favourable to you. You will thereby put yourself in the disadvantaged position by choosing a high street bank to send money to Iceland.

If you are sending money to Iceland for the first time, then you are not likely to know about the poor exchange rates, commissions and transfer fee etc, charged by your high street banks. The effective value of the funds that you transfer will be lesser than you expected because of all these deductions.

You will not be able to negotiate the exchange rates with high street banks, on the other hand, you will be able to get best deals from a foreign exchange broker. You can also make requests for fast money transfer in case you should have an urgent requirement. Your foreign exchange broker may also oblige to your request. There is no chance for such customized services with high street banks.

So, You should make it a point to compare the exchange rates and get the best deals available in the market to increase your savings. Hence, You will find all the information you need on our website to make such fruitful transactions. Also, You will also be able to compare the cost of various foreign exchange service providers using our comparison tool. Do not waste your time and money with high street banks anymore.

Send Money Transfers Free

Get a Quick Quote

Newsletter Signup to CMT

Sign up to our foreign exchange newsletter to receive news updates directly by email

Compare Money Transfer will not Share your details!

Bank Exchange Rates Comparison

High St Bank Exchange Rate

All Rights Reserved: Copyright 2006 - 2018 Compare Money Transfer Limited offering FCA Regulated Suppliers - 34 New House, 67-68 Hatton Garden, London, EC1N 8JY. +44 (0) 843 357 4882