Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ISK to EUR (Icelandic Krona to Euro) exchange rates

Iceland
Italy
ISK

Interbank Exchange Rate: 1 ISK = 0.0070 EUR
Updated about an hour ago

Found 3 Remittance Service Providers

( )( )( )( )( )
1000 ISK =
7.00 EUR
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 0.0070 EUR
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1000 ISK =
6.80 EUR
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 0.0068 EUR

📢 Get promotional rate on your first transfer
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1000 ISK =
6.70 EUR
Transfer Limit (ISK): 290.0152 - 1450076
Locked-In Rate1 ISK = 0.0067 EUR

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Icelandic Krona to Euro money transfers

Easily compare money transfer providers in one place to send money from Iceland to Italy. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) to Euro (EUR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Italy from Iceland, we currently have 3 remittance service providers available.

Rutland FX currently offers the most competitive rate for sending money to Italy and their 1 ISK to EUR exchange rate today is 0.0070.

The next best Icelandic Krona to Euro exchange rate today for money transfers to Italy is offered by Profee (1 ISK = 0.0068 EUR).

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Iceland.

Were you looking to send money from Italy to Iceland instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest ISK to EUR Conversion Rates

Here are some latest ISK to EUR (Icelandic Krona to Euro) exchange rates for popular conversion amounts*.

1 ISK0.01 EUR
5 ISK0.04 EUR
10 ISK0.07 EUR
25 ISK0.18 EUR
50 ISK0.35 EUR
100 ISK0.70 EUR
150 ISK1.05 EUR
200 ISK1.40 EUR
250 ISK1.75 EUR
300 ISK2.10 EUR
400 ISK2.80 EUR
500 ISK3.50 EUR
600 ISK4.20 EUR
700 ISK4.90 EUR
800 ISK5.60 EUR
1,000 ISK7.00 EUR
1,500 ISK10.50 EUR
2,000 ISK14.00 EUR
2,500 ISK17.50 EUR
3,000 ISK21.00 EUR
4,000 ISK28.00 EUR
5,000 ISK35.00 EUR
10,000 ISK70.00 EUR
15,000 ISK105.00 EUR
20,000 ISK140.00 EUR
30,000 ISK210.00 EUR
40,000 ISK280.00 EUR
50,000 ISK350.00 EUR
100,000 ISK700.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Iceland to Italy money transfers?

With the global remittance market booming, there are so many choices for Icelandic Krona to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Italy from Iceland. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Iceland to Italy?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Italy from Iceland.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ISK to Euro remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for ISK to EUR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Iceland to Italy?

When you want to send money to Italy from Iceland, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ISK to EUR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Iceland to Italy. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Iceland to Italy exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Euro overseas.


How to send money from Iceland to Italy through a bank?

Big banks in Iceland are known to make a lot of money by charging high fees on Italy money transfers from Iceland. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ISK to EUR exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Italy. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Iceland to Italy. You work hard for your money, so you should also ensure you get the maximum yield when you send EUR overseas.


What is the fastest way to transfer money from Iceland to Italy?

The speed of your Icelandic Krona to Euro funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ISK to EUR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Italy from Iceland is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Italy if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Iceland bank to Italy bank transfer.


Which are the best money transfer companies to transfer money from Iceland to Italy?

Comparing money transfer companies for sending money to Italy from Iceland can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Italy. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Icelandic Krona to Euro transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Euro yield on every Icelandic Krona that you send.


Step by step guide to transfer money to Italy from Iceland

Follow the below easy steps to send money to Italy from Iceland.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Iceland bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Italy).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your ISK to EUR remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.