How to send money to Iceland from Denmark with the best DKK-ISK rate

For sending money to Iceland, Regency FX has the lowest fee at 0 DKK. Regency FX is cheapest overall, giving your recipient 939,332.24 ISK from 50,000 DKK, and Revolut is the fastest.

Best companies for DKK/ISK transfers

4 of 4 providers

Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze DKK/ISK exchange rates from our comparisons.

Based on 50,000 DKK transfer

Best companies for DKK/ISK transfers

All money transfer offers for DKK/ISK transfers, sorted by most ISK received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Sort Cheapest
Promoted
Wise

Wise

Pay via Bank transfer
Fee 745,88 kr 1 DKK = 18.8367 ISK 0.00% vs mid-market Recipient gets 927.785,00 kr Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
745,88 kr1 DKK = 18.8367 ISK
927.785,00 krYou pay50.000,00 kr
Promoted
Regency FX

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 18.7866 ISK +0.27% vs mid-market Recipient gets 939.332,24 kr Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Iceland with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 18.7866 ISK
939.332,24 krYou pay50.000,00 kr

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Showing top Denmark to Iceland deals for 50,000 DKK. Do a live search with your exact amount for today's best rates.
Exclusive: First Transfer Deal
Regency FX

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 DKK = 18.7866 ISK +0.27% vs mid-market Recipient gets 939.332,24 kr Minutes - 24 hours
CheapestUsing Bank transfer with Regency FX is the cheapest way to send money to Iceland from Denmark.
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Iceland with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 DKK = 18.7866 ISK
939.332,24 krYou pay50.000,00 kr
Wise

Wise

Pay via Bank transfer
Fee 745,88 kr 1 DKK = 18.8367 ISK 0.00% vs mid-market Recipient gets 927.785,00 kr Within a week
RecommendedBased on our editorial reviews, Wise is our recommended way to send money from Denmark to Iceland.
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
745,88 kr1 DKK = 18.8367 ISK
927.785,00 krYou pay50.000,00 kr
Pricing based on Revolut Standard plan
Revolut

Revolut

Pay via Debit card
Fee 775,00 kr 1 DKK = 18.7696 ISK +0.36% vs mid-market Recipient gets 923.933,00 kr Within minutes
FastestRevolut with Debit card deposit is the fastest way to send DKK to Iceland.
Multi-currency cardReceive to bank account

Ways to receive money in Iceland with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
775,00 kr1 DKK = 18.7696 ISK
923.933,00 krYou pay50.000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Profee

Profee

Pay via Debit card
Fee 0,00 kr 1 DKK = 18.4418 ISK +2.12% vs mid-market Recipient gets 922.090,30 kr Minutes - 24 hours
Multi-currency cardReceive to bank account or debit card

Ways to receive money in Iceland with Profee when paying by debit card.

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hours
Free1 DKK = 18.4418 ISK
922.090,30 krYou pay50.000,00 kr
Wise

Wise

Pay via Debit card
Fee 1.264,94 kr 1 DKK = 18.8367 ISK 0.00% vs mid-market Recipient gets 918.008,00 kr Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
1.264,94 kr1 DKK = 18.8367 ISK
918.008,00 krYou pay50.000,00 kr
Wise

Wise

Pay via Credit card
Fee 1.411,92 kr 1 DKK = 18.8367 ISK 0.00% vs mid-market Recipient gets 915.239,00 kr Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Iceland with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
1.411,92 kr1 DKK = 18.8367 ISK
915.239,00 krYou pay50.000,00 kr
How Our Results Work
Mid-market rate: 1 DKK = 18.837506 ISK Updates every 60 minutes.

How to send money from Denmark to Iceland

Pick a company

The simplest way to start is to use the cheapest company, which is Regency FX.

This is based on kr50,000 transfer and will change depending on how much you send.

I suggest with your amount to get the best DKK/ISK rate today.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, debit card, and credit card.

An instant bank transfer from your Danish bank is free, up to 500,000 kroner per deposit.

Verify and send

Most companies will verify you with MitID, which takes a minute if you already use it.

Ways to send money from Denmark to Iceland

4 companies send money from Denmark to Iceland, across app, online, multi-currency account, global account, and broker.

For sending a few thousand kroner

Online transfers

Online transfer services like Wise work well when you need to make a one-off payment.

A kr50,000 transfer with Wise gets you 927,785 ISK. This includes a kr745.88 fee and a 0% exchange-rate markup.

For small and frequent transfers

Money transfer apps

MobilePay works for Nordic payments, but for transfers to Iceland a money transfer app like Wise gives you much better rates.

Wise charges DKK 745.88 to send kr50,000, with delivery in within a week.

Apps work well for small and frequent transfers, like paying bills, sending money home, and similar.

For cross-border workers

Multi-currency accounts

If you live or work across Denmark and Iceland, you may need to use DKK and ISK.

A multi-currency account lets you keep both balances in one account.

With Wise, converting DKK 50,000 comes with a 0% exchange-rate markup.

This works best for regular spending abroad, travelling, and receiving payments.

For cross-border invoices

Global accounts

Global accounts suit Danish businesses paying suppliers or contractors in Iceland. You can also receive and hold ISK without opening a local business account.

Airwallex and Wise Business offer business multi-currency accounts and tools for recurring business payments.

Ways to fund DKK and receive ISK in Iceland

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 50,000 DKK gives your recipient 939,332.24 ISK.

To pay for your transfer in Denmark, you can use bank transfer, debit card, debit card, and credit card.

You can pay for the transfer using your Danish bank

Send DKK by bank transfer using the account and reference in your quote.

In Iceland, you can receive ISK by bank deposit and card deposit.

For them to get money straight to their bank account, enter the recipient's IBAN in Iceland and account-holder name.

  1. 1
    Bank transfer Bank deposit

    You pay kr50,000.00

    kr939,332

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr50,000.00

    kr923,933

    -kr15,399

  3. 3
    Debit card Card deposit

    You pay kr50,000.00

    kr922,090

    -kr17,242

  4. 4
    Credit card Bank deposit

    You pay kr50,000.00

    kr915,239

    -kr24,093

Things to know before sending DKK to Turkey

Denmark does not use the euro, so every DKK transfer includes a currency conversion. The rate matters even when the payment starts from a Danish IBAN.

Best DKK/TRY transfer options

Cheapest way to send money to Iceland

For 939,332.24 ISK, Regency FX is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 939,332.24 ISK, which is 1.23% more than the next best option.

Fastest way to send money to Iceland

Revolut sends 923,933 ISK in within minutes when you pay by debit card and use bank deposit for the payout.

MobilePay is not international

MobilePay works for domestic payments and supported Nordic transfers.

You may be able to use it to pay for the transfers online, just like when depositing with any Danish bank account.

Family gifts have an annual allowance

Denmark does not tax the act of sending money abroad, but a gift can create Danish gift tax.

In 2026, most close relatives can receive up to DKK 80,600 from one donor without gift tax.

The general tax above the allowance is 15%.

Spouses are normally exempt, while different rules apply to other relationships.

The allowance also applies when the recipient lives outside Denmark.

For more info, Skattestyrelsen lists the 2026 allowances and rates.

Live DKK-ISK Exchange Rate

Finding the best DKK to ISK exchange rate

The DKK/ISK rate can move quickly, so compare the amount of ISK received rather than relying on the transfer fee alone.

Mid-market rate:1 DKK = 18.838681 ISK

How we analyse the market

We track 4 companies sending DKK to Iceland, registered with Finanstilsynet or passported in, and refreshed in real time on live searches.

Your money starts in kroner, so every transfer converts currency and the rate is what we lead on, alongside fees and the pay-in and payout options.

Each goes through our review.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.