.svg)
Companies for transfers from Sweden to Iceland
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Card-to-card transfers can be received in just two minutes."
Best recommended: Wise
Of the 3 money transfer providers tested and reviewed, Wise scored highly for its competitive rates and fees.
Wise appeared in 100% of Sweden to Iceland searches, and was the top rated company supporting SEK to ISK transfers.
Make your Sweden to Iceland transfer using Wise for the best mix of cost and speed.
How to compare deals on Sweden to Iceland money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Sweden to Iceland.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Sweden. Your funds will be converted to Iceland Krona and transferred to Iceland.
Summary of recent searches
What to consider ahead of money transfers from Sweden to Iceland
Comparing based on your specific needs is the best way to send money from Sweden to Iceland with confidence.
Our analysis, and search results, include 3 providers that operate between Sweden and Iceland. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in Sweden when you need to send money to Iceland.
Cheapest way to transfer money to Iceland from Sweden: Revolut
Of the 3 providers compared, data shows that Revolut is 0.8% cheaper than the second-best option.
The is cost is made up of an average SEK-ISK exchange rate that is 0.2% different to the mid-market rate and an average fee of 0* SEK.
If you want to secure the best rates on a SEK to Iceland transfer, Revolut will result in the most Iceland Krona received.
*The most common fee applied to SEK-ISK by Revolut, based on data from the past six months.
Fastest company to send money to Iceland from Sweden: Profee.
Through our data, Profee was the quickest way to send money from Sweden to Iceland Krona 100% of the time.
Sending money through Profee to Iceland from Sweden has an average fee of 0 SEK.
To understand who was the fastest, we tested Profee as part of 3 money transfer providers. Within this, we looked at the overall speed of sending money from Sweden to Iceland. This was made up of transfer times to Iceland after Swedish Kronas were added to a money transfer account.
When fast money transfers between Sweden and Iceland are a priority, Profee is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 3 providers compared.
While Wise may not always be the cheapest or fastest way to send SEK from Sweden to Iceland, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Iceland from Sweden
Fees and exchange rates make up the total cost of sending money from Iceland to Iceland. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current SEK-ISK mid-market rate is 13.307 ISK per Swedish Krona. You will get more Iceland Krona for your Swedish Kronas if you find a provider close to this number.
For context, over the last three months the SEK-ISK mid-market rate has had a high of 13.4395, a low of 13.0269 and averaged 13.0311 ISK per Swedish Krona.
Across the 3 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting SEK to ISK will be the biggest determining factor when working out the cost of transferring Swedish Kronas to Iceland.
Fees: Transfer fees are charged as part of the transfer. Revolut at an average of 0 SEK per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Iceland Krona eventually received in Iceland. You can assume that a lower cost of sending from Sweden will result in more money received in Iceland.
Track the exchange rate for Swedish Krona to Iceland Krona
Sending money at the right time between SEK and ISK can make a huge difference to overall cost. The exchange rate impacts how much ISK you get for your SEK.
Over the last six months, the average numbers are:
The exchange rate from SEK to ISK averaged 13.0311 ISK.
The highest value recorded was 13.4395 ISK, while the lowest was 13.0269 ISK.
3 providers currently offer transfers between Sweden and Iceland close to this rate.
Want to secure the best SEK-Iceland Krona exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Sweden to Iceland!
Payment methods for Sweden to Iceland transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Sweden to Iceland.
By opting for a money transfer company such as Revolut for transfers from Sweden to Iceland, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Revolut is the cheapest provider for bank transfers from the 3 we tested when sending SEK to Iceland.
With an average fee of SEK0 to send money from Sweden to Iceland, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Sweden to Iceland is easy with Wise.
Wise is a market leader in debit card payments for transfers from Sweden to Iceland, this is among a total of 3 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Sweden to Iceland, emerges as our top choice of the 3 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Iceland and Sweden.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Sweden to Iceland.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to ISK.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
