How to send money to Iceland from Sweden with the best SEK-ISK rate

From 3 companies analysed, Regency FX is the cheapest way to send money to Iceland, giving your recipient 982,416.69 ISK when you send SEK 80,000.

Deposit with bank transfer and use bank deposit for withdrawal to get the most ISK.

Best companies for SEK/ISK transfers

3 of 3 providers

Last updated on 28 October 2026

Based on 80,000 SEK transfer

Best companies for SEK/ISK transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 1 274,91 kr 1 SEK = 12.3160 ISK -0.02% vs mid-market Recipient gets 969 578,00 kr Next day
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 depositNext dayAvailable via:SWIFT
1 274,91 kr1 SEK = 12.3160 ISK
969 578,00 krYou pay80 000,00 kr
Promoted

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 12.2802 ISK +0.27% vs mid-market Recipient gets 982 416,69 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 SEK = 12.2802 ISK
982 416,69 krYou pay80 000,00 kr

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Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 12.2802 ISK +0.27% vs mid-market Recipient gets 982 416,69 kr Minutes - 24 hours
CheapestFastest
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 SEK = 12.2802 ISK
982 416,69 krYou pay80 000,00 kr

Wise

Pay via Bank transfer
Fee 1 274,91 kr 1 SEK = 12.3160 ISK -0.02% vs mid-market Recipient gets 969 578,00 kr Next day
Recommended
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 depositNext dayAvailable via:SWIFT
1 274,91 kr1 SEK = 12.3160 ISK
969 578,00 krYou pay80 000,00 kr

Profee

Pay via Debit card
Fee 0,00 kr 1 SEK = 12.0556 ISK +2.12% vs mid-market Recipient gets 964 449,94 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 SEK = 12.0556 ISK
964 449,94 krYou pay80 000,00 kr

Profee

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 12.0556 ISK +2.12% vs mid-market Recipient gets 964 449,94 kr Minutes - 24 hours
Multi-currency cardReceive to bank account or debit card

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

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hours
Free1 SEK = 12.0556 ISK
964 449,94 krYou pay80 000,00 kr

Wise

Pay via Debit card
Fee 2 118,85 kr 1 SEK = 12.3160 ISK -0.02% vs mid-market Recipient gets 959 184,00 kr Next day
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 depositNext dayAvailable via:SWIFT
2 118,85 kr1 SEK = 12.3160 ISK
959 184,00 krYou pay80 000,00 kr

Wise

Pay via Credit card
Fee 2 277,91 kr 1 SEK = 12.3160 ISK -0.02% vs mid-market Recipient gets 957 225,00 kr Next day
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 depositNext dayAvailable via:SWIFT
2 277,91 kr1 SEK = 12.3160 ISK
957 225,00 krYou pay80 000,00 kr
How Our Results Work
Mid-market rate: 1 SEK = 12.3135 ISK Updates every 60 minutes.

How to send money from Sweden to Iceland

Pick a company

For a one-off SEK transfer to Iceland, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 24 of the 24 days it quoted kr80,000 transfers to Iceland.

On a 80,000 SEK transfer, Regency FX delivers the most ISK.

The best option will change depending on how much you actually send, so I suggest to get the best SEK/ISK rate.

Fund your transfer

You can pay for the transfer using bank transfer, debit card, debit card, and credit card.

A transfer from your Swedish bank is usually the easiest way to fund the transfer.

Verify and send

Before you can send money to Iceland, you'll need to verify your account.

Most companies do it with BankID.

If you can't get BankID yet, some companies will take a passport instead (but it's less common).

Compare amounts

How much SEK are you sending to Iceland?

How much SEK you send to Iceland heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from SEK 50,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
5 000 kr0.48%35,00 kr60 885,00 krwith debit card to bank deposit+1 054,73 kr
10 000 kr0.39%70,00 kr121 831,00 krwith debit card to bank deposit+1 682,10 kr
25 000 kr0.03%454,26 kr302 354,00 krwith bank transfer to bank deposit+1 769,57 kr
50 000 kr0.01%818,90 kr605 823,00 krwith bank transfer to bank deposit+3 561,12 kr
80 000 krThis page0.27%0,00 kr982 416,69 krwith bank transfer to bank deposit+16 199,43 kr

Mid-market rate: 1 SEK = 12.3135 ISK

SEK/ISK Exchange Rate History

Is today a good time to send money from Sweden to Iceland?

The cheapest way to send SEK to ISK can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 80,000 SEK transfers to Iceland.

ISK received for 80 000 kr, after fees

Wed, 28 Oct 2026Mid-market rate985 076,40 kr Regency FX 982 416,69 krRegency FX982 416,69 krWise969 578,00 krProfee964 449,94 kr

940 000
950 000
960 000
970 000
980 000
990 000
At the mid-market rateWith the cheapest optionRegency FXWiseProfee
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.0903 – 967 220,72 kr
Regency FX Cheapest 12.0576 0,00 kr 964 609,22 kr −2 611,50 kr
Wise 12.0899 1 243,92 kr 952 153,00 kr −15 067,72 kr
Profee No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.0791 – 966 330,80 kr
Regency FX Cheapest 12.0465 0,00 kr 963 721,71 kr −2 609,09 kr
Wise 12.0755 1 267,25 kr 950 737,00 kr −15 593,80 kr
Profee 11.8150 0,00 kr 945 198,96 kr −21 131,84 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.0860 – 966 880,72 kr
Regency FX Cheapest 12.0534 0,00 kr 964 270,14 kr −2 610,58 kr
Wise 12.0861 1 259,77 kr 951 662,00 kr −15 218,72 kr
Profee 11.8287 0,00 kr 946 296,95 kr −20 583,77 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1305 – 970 438,32 kr
Regency FX Cheapest 12.0977 0,00 kr 967 818,14 kr −2 620,18 kr
Wise 12.1296 1 267,61 kr 954 992,00 kr −15 446,32 kr
Profee 11.8732 0,00 kr 949 858,42 kr −20 579,90 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1443 – 971 546,80 kr
Regency FX Cheapest 12.1115 0,00 kr 968 923,62 kr −2 623,18 kr
Wise 12.1433 1 228,89 kr 956 541,00 kr −15 005,80 kr
Profee 11.8886 0,00 kr 951 086,17 kr −20 460,63 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1443 – 971 546,80 kr
Regency FX Cheapest 12.1115 0,00 kr 968 923,62 kr −2 623,18 kr
Wise 12.1433 1 228,89 kr 956 541,00 kr −15 005,80 kr
Profee 11.8884 0,00 kr 951 074,86 kr −20 471,94 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1709 – 973 674,56 kr
Regency FX Cheapest 12.1381 0,00 kr 971 045,64 kr −2 628,92 kr
Wise No quote collected this day – – – –
Profee No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1507 – 972 057,04 kr
Regency FX Cheapest 12.1179 0,00 kr 969 432,49 kr −2 624,55 kr
Wise 12.1502 1 259,99 kr 956 707,00 kr −15 350,04 kr
Profee 11.8922 0,00 kr 951 374,44 kr −20 682,60 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1821 – 974 566,56 kr
Regency FX Cheapest 12.1492 0,00 kr 971 935,23 kr −2 631,33 kr
Wise 12.1847 1 252,09 kr 959 520,00 kr −15 046,56 kr
Profee 11.9248 0,00 kr 953 983,38 kr −20 583,18 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2283 – 978 266,40 kr
Regency FX Cheapest 12.1953 0,00 kr 975 625,08 kr −2 641,32 kr
Wise 12.2254 1 236,42 kr 962 916,00 kr −15 350,40 kr
Profee No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2407 – 979 256,00 kr
Regency FX Cheapest 12.2077 0,00 kr 976 612,01 kr −2 643,99 kr
Wise 12.2394 1 251,56 kr 963 834,00 kr −15 422,00 kr
Profee 11.9830 0,00 kr 958 636,23 kr −20 619,77 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2160 – 977 280,88 kr
Regency FX Cheapest 12.1830 0,00 kr 974 642,22 kr −2 638,66 kr
Wise 12.2159 1 259,62 kr 961 885,00 kr −15 395,88 kr
Profee 11.9607 0,00 kr 956 854,27 kr −20 426,61 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2160 – 977 280,88 kr
Regency FX Cheapest 12.1830 0,00 kr 974 642,22 kr −2 638,66 kr
Wise 12.2159 1 259,62 kr 961 885,00 kr −15 395,88 kr
Profee 11.9610 0,00 kr 956 881,41 kr −20 399,47 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2141 – 977 130,00 kr
Regency FX Cheapest 12.1811 0,00 kr 974 491,75 kr −2 638,25 kr
Wise 12.2137 1 259,59 kr 961 712,00 kr −15 418,00 kr
Profee 11.9548 0,00 kr 956 381,98 kr −20 748,02 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1649 – 973 188,40 kr
Wise Cheapest 12.1624 1 259,76 kr 957 670,00 kr −15 518,40 kr
Regency FX No quote collected this day – – – –
Profee No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 12.2158 1 251,53 kr 961 976,00 kr –
Profee 11.9655 0,00 kr 957 237,22 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.1813 – 974 507,76 kr
Regency FX Cheapest 12.1485 0,00 kr 971 876,59 kr −2 631,17 kr
Wise 12.1826 1 267,31 kr 959 169,00 kr −15 338,76 kr
Profee No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 12.2224 1 080,19 kr 964 589,00 kr –
Profee 11.9626 0,00 kr 957 006,64 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 12.2294 1 243,47 kr 963 145,00 kr –
Profee 11.9670 0,00 kr 957 356,37 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 12.2294 1 243,47 kr 963 145,00 kr –
Profee 11.9681 0,00 kr 957 450,23 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2403 – 979 223,36 kr
Regency FX Cheapest 12.2072 0,00 kr 976 579,46 kr −2 643,90 kr
Wise 12.2415 1 220,25 kr 964 382,00 kr −14 841,36 kr
Profee 11.9837 0,00 kr 958 695,51 kr −20 527,85 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2539 – 980 313,52 kr
Regency FX Cheapest 12.2208 0,00 kr 977 666,67 kr −2 646,85 kr
Wise 12.2552 1 235,63 kr 965 273,00 kr −15 040,52 kr
Profee 11.9996 0,00 kr 959 964,15 kr −20 349,37 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2485 – 979 881,92 kr
Regency FX Cheapest 12.2155 0,00 kr 977 236,24 kr −2 645,68 kr
Wise 12.2481 1 251,25 kr 964 523,00 kr −15 358,92 kr
Profee 11.9931 0,00 kr 959 449,09 kr −20 432,83 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2599 – 980 789,04 kr
Regency FX Cheapest 12.2268 0,00 kr 978 140,91 kr −2 648,13 kr
Wise 12.2584 1 251,03 kr 965 336,00 kr −15 453,04 kr
Profee 12.0038 0,00 kr 960 306,66 kr −20 482,38 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2467 – 979 736,72 kr
Regency FX Cheapest 12.2136 0,00 kr 977 091,43 kr −2 645,29 kr
Wise 12.2512 1 220,27 kr 965 146,00 kr −14 590,72 kr
Profee 11.9917 0,00 kr 959 334,91 kr −20 401,81 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2617 – 980 932,64 kr
Regency FX Cheapest 12.2286 0,00 kr 978 284,12 kr −2 648,52 kr
Wise 12.2620 1 197,01 kr 966 282,00 kr −14 650,64 kr
Profee 12.0046 0,00 kr 960 367,24 kr −20 565,40 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 12.2620 1 197,01 kr 966 282,00 kr –
Profee 12.0023 0,00 kr 960 182,40 kr –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2499 – 979 990,32 kr
Regency FX Cheapest 12.2168 0,00 kr 977 344,35 kr −2 645,97 kr
Wise 12.2515 1 259,14 kr 964 694,00 kr −15 296,32 kr
Profee 11.9931 0,00 kr 959 447,70 kr −20 542,62 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.2515 – 980 117,52 kr
Regency FX Cheapest 12.2184 0,00 kr 977 471,20 kr −2 646,32 kr
Wise 12.2539 1 259,40 kr 964 879,00 kr −15 238,52 kr
Profee 12.0055 0,00 kr 960 443,05 kr −19 674,47 kr
Exchange rateFeeRecipient getsDifference
Mid-market rate 12.3135 – 985 076,40 kr
Regency FX Cheapest 12.2802 0,00 kr 982 416,69 kr −2 659,71 kr
Wise 12.3160 1 274,91 kr 969 578,00 kr −15 498,40 kr
Profee 12.0556 0,00 kr 964 449,94 kr −20 626,46 kr

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 80 000 kr, after fees, as quoted by each company. The mid-market line shows what 80 000 kr converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more ISK per SEK than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of ISK on every transfer from Sweden.

Right now, Regency FX pays 982,416.69 ISK on 80,000 SEK, which is 2,659.71 ISK less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Iceland.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. Regency FXAppeared in 24 comparisons

    Cheapest every time

  2. WiseAppeared in 84 comparisons

    Cheapest in 39% of them

  3. ProfeeAppeared in 72 comparisons

    Cheapest in 13% of them

Based on 94 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Wise (today's second cheapest) was the cheapest in only 39% of its comparisons, so it's rarely the cheapest option for transfers to Iceland.

Ways to send money from Sweden to Iceland

3 companies send money from Sweden to Iceland, mostly through online, app, broker, multi-currency account, and global account, and a few more ways.

Medium-sized transfers

Online transfers

For a one-off transfer to Iceland, an online service like Wise is usually the simplest place to start.

Wise charges kr1274.91 to send 80,000 SEK, leaving your recipient with 969,578 ISK after a -0.02% markup on SEK/ISK exchange rate.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

Regular SEK transfers

Money transfer apps

For smaller regular transfers, apps are the most convenient and easiest way to send money to Iceland.

Wise charges kr1274.91 on a 80,000 SEK transfer and money will arrive in next day.

Over the past month, Wise was the cheapest app on 100% of the days it appeared for kr80,000 transfers.

Your recipient can withdraw via bank deposit and card deposit.

In many cases you will need a BankID to verify your account, but a few will do with a passport or driver's licence.

Spending and travelling

Multi-currency accounts

A multi-currency account makes sense if you regularly need ISK.

You can convert your kronor in advance and use the balance when needed without extra fees.

Wise converts SEK 80,000 with a -0.02% exchange-rate markup and holds the ISK in your account.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Paying from business accounts

Global accounts

If your business receives and sends money in Iceland, a global account keeps the ISK in one place.

You can pay invoices from the balance and convert when needed.

WorldFirst and Airwallex are good options to try.

Ways to fund SEK and receive ISK in Iceland

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 80,000 SEK gives your recipient 982,416.69 ISK.

From Sweden, you can fund the transfer by bank transfer, debit card, debit card, and credit card, and in Iceland, the recipient can use bank deposit and card deposit.

Paying from your Swedish bank account

Send SEK using the account and reference shown by the money transfer company.

You may need to use BankID to approve and verify the payment.

Swish is useful for payments within Sweden, but it does not send ISK to Iceland.

  1. 1
    Bank transfer Bank deposit

    You pay kr80,000.00

    kr982,417

    Cheapest

  2. 2
    Bank transfer Card deposit

    You pay kr80,000.00

    kr964,450

    -kr17,967

  3. 3
    Debit card Card deposit

    You pay kr80,000.00

    kr964,450

    -kr17,967

  4. 4
    Debit card Bank deposit

    You pay kr80,000.00

    kr959,184

    -kr23,233

  5. 5
    Credit card Bank deposit

    You pay kr80,000.00

    kr957,225

    -kr25,192

Consider this before sending SEK to Iceland

Swedish banks are safe but often expensive for foreign payments. Compare money transfer companies available to get the most ISK from Sweden.

Compare SEK to ISK transfer options

Cheapest way to send money to Iceland

The cheapest option for an SEK 80,000 transfer is Regency FX. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 982,416.69 ISK, which is 1.31% more than the next best option.

Fastest way to send money to Iceland

With Regency FX, a bank transfer deposit and bank deposit payout delivers 982,416.69 ISK in minutes - 24 hours.

Swish only works in Sweden

Swish moves money between participating Swedish accounts, it cannot send SEK to Iceland.

You may still use a Swedish bank transfer to pay for the transfer online, but beyond that, the company will move SEK to Iceland over local rails or SWIFT.

Avoid delays

A bank can ask for the purpose and source of a large or unusual payment.

Property sales, inheritances and transfers between your own accounts are easier to clear when the documents match the description you gave the bank.

Tell your bank before a time-sensitive payment and keep the sale contract, estate document or account statement ready.

And do not split one large payment into many small ones, since it can trigger more questions.

Sweden does not charge gift tax

Sweden has no gift or inheritance tax, so sending a cash gift does not create a Swedish gift-tax return.

Iceland may have their own rules on receiving monetary gifts.

How we analyse the market

We track 3 companies sending SEK to Iceland, all registered with Finansinspektionen or passported in, with rates refreshed in real time on live searches.

The krona floats, so we compare on what actually arrives, alongside fees and the ways to pay and collect.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for SEK/ISK transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and getting started.

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