For sending money to Iceland, Regency FX has the lowest fee at 0 DKK. Regency FX is cheapest overall, giving your recipient 913,832.07 ISK from 50,000 DKK, and Revolut is the fastest.
| 4 of 4 providers Last updated on 28 September 2026 | |||
| Based on 50,000 DKK transfer Best companies for DKK/ISK transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee 756,62 kr 1 DKK = 18.3278 ISK -0.01% vs mid-market | Recipient gets 902.523,00 kr Next day | |
Ways to receive money in Iceland with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:SWIFT 756,62 kr1 DKK = 18.3278 ISK 902.523,00 krYou pay50.000,00 kr | |||
| Promoted  Regency FX Pay via Bank transfer | Fee 0,00 kr 1 DKK = 18.2766 ISK +0.27% vs mid-market | Recipient gets 913.832,07 kr Minutes - 24 hours | |
Ways to receive money in Iceland with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 DKK = 18.2766 ISK 913.832,07 krYou pay50.000,00 kr | |||
Run a live search Showing top Denmark to Iceland deals for 50,000 DKK. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live DKK to ISK rates. | |||
Run a live search These companies offer multi-currency accounts for spending ISK. We suggest doing a live search based on how much DKK you're planning to spend in Iceland. | |||
Run a live search These are managed services with real human support for large DKK transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee 0,00 kr 1 DKK = 18.2766 ISK +0.27% vs mid-market | Recipient gets 913.832,07 kr Minutes - 24 hours | |
Ways to receive money in Iceland with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 DKK = 18.2766 ISK 913.832,07 krYou pay50.000,00 kr | |||
| Wise Pay via Bank transfer | Fee 756,62 kr 1 DKK = 18.3278 ISK -0.01% vs mid-market | Recipient gets 902.523,00 kr Next day | |
Ways to receive money in Iceland with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositNext dayAvailable via:SWIFT 756,62 kr1 DKK = 18.3278 ISK 902.523,00 krYou pay50.000,00 kr | |||
| Pricing based on Revolut Standard plan  Revolut Pay via Debit card | Fee 775,00 kr 1 DKK = 18.2606 ISK +0.36% vs mid-market | Recipient gets 898.877,00 kr Within minutes | |
Ways to receive money in Iceland with Revolut when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes 775,00 kr1 DKK = 18.2606 ISK 898.877,00 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 Pay via Debit card | Fee 0,00 kr 1 DKK = 17.9427 ISK +2.11% vs mid-market | Recipient gets 897.134,79 kr Minutes - 24 hours | |
Ways to receive money in Iceland with Profee when paying by debit card. MethodFee & ratesRecipient gets Card depositMinutes - 24 hours Free1 DKK = 17.9427 ISK 897.134,79 krYou pay50.000,00 kr | |||
| Wise Pay via Debit card | Fee 1.275,46 kr 1 DKK = 18.3278 ISK -0.01% vs mid-market | Recipient gets 893.014,00 kr Same day | |
Ways to receive money in Iceland with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:SWIFT 1.275,46 kr1 DKK = 18.3278 ISK 893.014,00 krYou pay50.000,00 kr | |||
| Wise Pay via Credit card | Fee 1.422,40 kr 1 DKK = 18.3278 ISK -0.01% vs mid-market | Recipient gets 890.321,00 kr Same day | |
Ways to receive money in Iceland with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositSame dayAvailable via:SWIFT 1.422,40 kr1 DKK = 18.3278 ISK 890.321,00 krYou pay50.000,00 kr | |||
| How Our Results Work Mid-market rate: 1 DKK = 18.3261 ISK Updates every 60 minutes. | |||
Transfer details
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.
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.
Most companies will verify you with MitID, which takes a minute if you already use it.
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 transfer services like Wise work well when you need to make a one-off payment.
A kr50,000 transfer with Wise gets you 902,523 ISK. This includes a kr756.62 fee and a -0.01% exchange-rate markup.
For small and frequent transfers
MobilePay works for Nordic payments, but for transfers to Iceland a money transfer app like Wise gives you much better rates.
Wise charges DKK 756.62 to send kr50,000, with delivery in next day.
Apps work well for small and frequent transfers, like paying bills, sending money home, and similar.
For cross-border workers
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 -0.01% exchange-rate markup.
This works best for regular spending abroad, travelling, and receiving payments.
For cross-border invoices
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.
With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 50,000 DKK gives your recipient 913,832.07 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.
You pay kr50,000.00
kr913,832
Cheapest
You pay kr50,000.00
kr898,877
-kr14,955
You pay kr50,000.00
kr897,135
-kr16,697
You pay kr50,000.00
kr890,321
-kr23,511
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.
Cheapest way to send money to Iceland
For 913,832.07 ISK, Regency FX is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 913,832.07 ISK, which is 1.24% more than the next best option.
Fastest way to send money to Iceland
Revolut sends 898,877 ISK in within minutes when you pay by debit card and use bank deposit for the payout.
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.
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.
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 = 18.330341 ISK
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.
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