Compare today's GBP to ISK (British Pound to Icelandic Krona) exchange rates
Interbank Exchange Rate: 1 GBP = 166.6419 ISK
Updated about an hour ago
Found 2 Remittance Service Providers
1000 GBP =
167 083.50 ISK
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 167.0835 ISK
1000 GBP =
164 325.80 ISK
Transfer Limit (GBP): No Limits
Indicative Rate1 GBP = 164.3258 ISK
📢 Get promotional rate on your first transfer
0 Remit Service Providers did not match the search criteria.
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 British Pound to Icelandic Krona money transfers
Easily compare money transfer providers in one place to send money from United Kingdom to Iceland. Send money overseas to your loved ones by comparing British Pound (GBP) to Icelandic Krona (ISK) 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 Iceland from United Kingdom, we currently have 2 remittance service providers available.
Western Union currently offers the most competitive rate for sending money to Iceland and their 1 GBP to ISK exchange rate today is 167.0835.
The next best British Pound to Icelandic Krona exchange rate today for money transfers to Iceland is offered by Profee (1 GBP = 164.3258 ISK).
Were you looking to send money from Iceland to United Kingdom instead?
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.
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.
Latest GBP to ISK Conversion Rates
Here are some latest GBP to ISK (British Pound to Icelandic Krona) exchange rates for popular conversion amounts*.
| 1 GBP | 166.64 ISK |
| 5 GBP | 833.21 ISK |
| 10 GBP | 1,666.42 ISK |
| 25 GBP | 4,166.05 ISK |
| 50 GBP | 8,332.10 ISK |
| 100 GBP | 16,664.19 ISK |
| 150 GBP | 24,996.29 ISK |
| 200 GBP | 33,328.38 ISK |
| 250 GBP | 41,660.48 ISK |
| 300 GBP | 49,992.57 ISK |
| 400 GBP | 66,656.76 ISK |
| 500 GBP | 83,320.95 ISK |
| 600 GBP | 99,985.14 ISK |
| 700 GBP | 116,649.33 ISK |
| 800 GBP | 133,313.52 ISK |
| 1,000 GBP | 166,641.90 ISK |
| 1,500 GBP | 249,962.85 ISK |
| 2,000 GBP | 333,283.80 ISK |
| 2,500 GBP | 416,604.75 ISK |
| 3,000 GBP | 499,925.70 ISK |
| 4,000 GBP | 666,567.60 ISK |
| 5,000 GBP | 833,209.50 ISK |
| 10,000 GBP | 1,666,419.00 ISK |
| 15,000 GBP | 2,499,628.50 ISK |
| 20,000 GBP | 3,332,838.00 ISK |
| 30,000 GBP | 4,999,257.00 ISK |
| 40,000 GBP | 6,665,676.00 ISK |
| 50,000 GBP | 8,332,095.00 ISK |
| 100,000 GBP | 16,664,190.00 ISK |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from UK to Iceland?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from UK to Iceland. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer British Pound to ISK.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GBP to ISK in Iceland. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Iceland from UK. We provide you with maximum choices to send money to Iceland by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Iceland from UK?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your GBP to Icelandic Krona money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from UK to Iceland. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for GBP to ISK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money to Iceland from UK?
The final amount your recipient gets when you send GBP to ISK is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from UK to Iceland used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Icelandic Krona is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best British Pound to Iceland exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
How to send money from UK to Iceland through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your UK to Iceland money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GBP to ISK transfers.
Given this, there are umpteen additional options to send money to Iceland instead of just your UK bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your British Pound even more so that your recipient in Iceland gets the maximum amount.
How to send money from UK to Iceland fast?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from UK to Iceland. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert GBP to ISK fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your British Pound amount reaching Iceland. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Icelandic Krona quickly to Iceland, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to send money to Iceland from UK?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from UK to Iceland, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best British Pound to Icelandic Krona exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your ISK money transfers to Iceland. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Iceland getting more money for every British Pound you send.
Step by step guide to send money to Iceland from UK
Follow the below easy steps to send money to Iceland from UK.- 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 UK bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Iceland).
- 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.
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.