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Sending money to Denmark from Iceland

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Denmark, formally known as the Kingdom of Denmark, is a country in northern Europe. Despite being a member of the European Union, nationwide referendums over recent years have rejected the adoption of the euro, so the country has maintained its official currency: the Danish krone (DKK). As Danish territories, the Faroe Islands and Greenland also use DKK as their legal tender. 

Choosing the best service provider

When considering how to send money Denmark from Iceland there are some key aspects of the transfer to consider. 

The cheapest provider we found is at Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using when transferring ISK to DKK.

This means that by using for online money transfers to Denmark from Iceland, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.

Alternatively, if you are unable to access for any reason, our comparison engine has found also to be very good options when sending ISK – DKK.

This recommendation was updated one minute ago.

The cheapest way to send money from Iceland to Denmark

In order to avoid high fees, you should consider the cheapest way to send from Iceland to Denmark.  

has been determined by our comparison engine to be currently offering you the cheapest rates possible.

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The fastest way to send money from Iceland to Denmark

When sending money from Iceland to Denmark, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, is the fastest way to send ISK – DKK.

What payment methods are available when sending money from Iceland to Denmark?

Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.

Sending money to Denmark from Iceland using credit card

To avoid high fees you can opt to use an online money transfer provider such as to pay for your transfer to Denmark.

Sending money to Denmark from Iceland using a debit card

With you can send money online to Denmark using your debit card. But before making a payment, make sure you understand all the processing fees in place. 

Using a wire transfer to send money from Iceland to Denmark

Bank and wire transfers are the most common ways of sending money Denmark as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.

If you want to make an international transfer using wire transfer, you will need to know the SWIFT/BIC code of your recipient in Denmark. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Denmark.

When sending money to Denmark from Iceland using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.

On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as .

Considerations for a ISK – DKK Currency Transfer

Before sending money to Denmark from Iceland, you should consider the following:

  1. The amount you want to transfer: It is likely that the more money you send to Denmark the more value you will get and more DKK the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
  2. The ISK – DKK exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 0.054023 and the lowest exchange rate margin is currently offered by at above the mid market rate.
  3. Hidden fees & charges: Before sending money to Denmark, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers , and will give insight here.

How to send money from Iceland to Denmark at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send ISK to DKK. 

After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from ISK to DKK in Denmark?

Your recipient has a few methods available to receive your money in Denmark. These will vary between providers, but it is possible to find services that will:

If your recipient is going to collect or have the money delivered to them in Denmark, then they will usually need the following:

How much money can be transferred from Iceland to Denmark?

However, the amount of DKK you can receive from Iceland will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. 

You should also check if there are any government regulations pertaining to the amount of DKK that can be received in Denmark or sent from Iceland before making your transfer.

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April Summers

April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she’s not writing about global remittances she can be found daydreaming about her next holiday abroad.