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Send money from United States 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."
Overall best way: Wise
We tested & reviewed 3 transfer providers, and Wise scored highly.
Sending 7,000 USD to ISK will cost you $60.74 in fees, and you will get 852,106 ISK. The delivery time is within a week, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your United States to Iceland transfer using Wise.
How to compare deals on your United States to Iceland transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States to Iceland.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Iceland from the United States.
Summary of recent searches
Considerations for sending money from United States to Iceland
Always compare ways to send money from the United States to Iceland to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between United States and Iceland.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Iceland.
Cheapest way to transfer money to Iceland from the United States: Revolut
Of the 3 providers compared, data shows that Revolut is 0.38% cheaper than the second-best option.
The is cost is made up of USD-ISK exchange rate that is 0.2% different to the mid-market rate and the a of 21 USD.
If you want to secure the best rates on a USD to Iceland transfer, Revolut will result in the most Iceland Krona received.
Fastest way to send money to Iceland from the United States: MoneyGram
The transfer time is minutes - 24 hours with MoneyGram for a $7,000 transfer, but it will depend on the time, day of the week, and the amount you send.
A USD-Iceland Krona transfer through MoneyGram comes with a 490 USD fee (based on a $7,000 transfer).
To ensure MoneyGram was the 'fastest' option we compared 3 providers. This comparison was for overall speed of sending money from the United States to Iceland and is a combination of depositing US Dollar, transfer times to Iceland and withdrawal timeframes where applicable.
When speed is a priority, MoneyGram is the top choice for sending into Iceland from the United States.
Send large sums of money abroad with Currencies Direct
From the 3 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Iceland from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Iceland Kronas to Iceland Krona.
As such, we recommend Currencies Direct for large Iceland transfers.
Understanding the cost of transferring money to Iceland from United States
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 USD-ISK mid-market rate is 123.3402 ISK per US Dollar. You will get more Iceland Krona for your US Dollars if you find a provider close to this number.
For context, over the last 7 days the USD-ISK mid-market rate has had a high of 122.8105, a low of 120.8402 and averaged 121.3474 ISK per US Dollar.
Across the 3 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting USD to ISK will be the biggest determining factor when working out the cost of transferring US Dollars to Iceland.
Fees: Transfer fees are charged as part of the transfer. Revolut charges 21 USD per transfer, which is currently the best deal on transfers to Iceland. 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 the United States will result in more money received in Iceland.
Track the exchange rate for US Dollar to Iceland Krona
Sending money at the right time between USD and ISK can make a huge difference to overall cost. The exchange rate impacts how much ISK you get for your USD.
Over the last 7 days, the average numbers are:
The exchange rate from USD to ISK averaged 121.3474 ISK.
The highest value recorded was 122.8105 ISK, while the lowest was 120.8402 ISK.
3 providers currently offer transfers between the United States and Iceland close to this rate.
Want to secure the best USD-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 United States to Iceland!
Payment methods for United States to Iceland transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from the United States to Iceland.
By opting for a money transfer company such as Revolut for transfers from the United States 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 USD to Iceland.
With a fee of USD21 to send money from the United States 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 the United States to Iceland is easy with .
is a market leader in debit card payments for transfers from the United States to Iceland, this is among a total of 3 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from the United States to Iceland, we recommend running a quick comparison to get the best deal as not many companies offer direct credit card deposits.
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 United States.
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 United States to Iceland.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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
