Best Way to Send Money to Iceland from USA (USD to ISK)

Sending money from USA to Iceland: what today's data shows

RemitFinder compares 2 providers and 6 ways to send money from USA to Iceland. The mid-market rate is ISK 121.31 per USD. 2 providers have no-fee options. The fastest published delivery is instant.

🧭 What is the best way to send money to Iceland from USA?

It depends on how you pay, how your recipient wants the money and how much you send. RemitFinder compares 2 providers offering 6 ways to send US Dollar (USD) to Icelandic Krona (ISK).

💰 Most ISK received today, by amount sent:

The same two providers lead at every amount shown.

At USD 1,000, the top two providers are Revolut and Western Union, giving ISK 120,743.40 and ISK 119,399.80 respectively. ISK 1,343.60 separates Revolut in first place from Western Union in second.

🔀 Ways to receive, with the most received at USD 1,000:

Cash Pickup and Revolut Account are the most widely offered ways to receive, with 1 provider each. At USD 1,000, receiving by Revolut Account gets your recipient the most: up to ISK 120,743.40.

💱 How to get the best USD to ISK exchange rate?

The mid-market US Dollar to Icelandic Krona rate today is ISK 121.31 per USD. Providers add a markup to it, so compare the rate each one gives you, not the mid-market rate.

At that rate, USD 1,000 is ISK 121,310.00, and each 1% of markup costs about ISK 1,213.10.

• 📊 Rates run from ISK 119.3998 to ISK 120.7434 per USD across all amounts. The top two rates are from Revolut (ISK 120.7434 for transfers of USD 1.49 to USD 100,000) and Western Union (ISK 119.3998).
• 💳 How you pay rarely changes the rate. At USD 1,000, 1 of the 1 provider that offers more than one way to pay gives the same rate whichever you choose. Payment methods differ mostly in their fees.

How your recipient gets the money changes the rate. The median provider's best rate is 0.47% below the mid-market rate for money received by Revolut Account and 1.57% below it as Cash Pickup.

💸 What is the cheapest way to send money to Iceland from USA?

At USD 1,000, the two cheapest providers today are Revolut (paying by Revolut Account, received by Revolut Account) and Western Union (paying by Debit Card, received as Cash Pickup). With these providers, your recipient gets ISK 120,743.40 and ISK 119,399.80 respectively.

💸 Total cost (fee + exchange-rate markup) by amount:

The typical total cost is 1.57% at USD 200, 1.57% at USD 1,000 and 1.57% at USD 5,000.

Total cost is the fee plus the exchange-rate markup, as a share of the amount sent.

💳 Cheapest way to pay, at USD 1,000:

Paying by Revolut Account has the lowest typical total cost at USD 1,000 (0.47%), and paying with Google Pay the highest (4.57%). On USD 1,000, that difference is worth about ISK 4,983 more to your recipient.

🏦 Cheapest way to receive, at USD 1,000:

Receiving by Revolut Account has the lowest typical total cost at USD 1,000 (0.47%), and receiving as Cash Pickup the highest (1.57%). On USD 1,000, that difference is worth about ISK 1,344 more to your recipient.

🔗 Cheapest pay and receive combinations, at USD 1,000:

The cheapest combination is paying by Revolut Account, received by Revolut Account, with a typical total cost of 0.47%. The most expensive is paying with Google Pay, received as Cash Pickup, at 4.57%.

On USD 1,000, your recipient typically gets ISK 120,743.40 with the cheapest combination and ISK 115,817.81 with the most expensive: ISK 4,925.59 more with the cheapest combination.

Choosing well is worth ISK 4,925.59 more on USD 1,000. The most your recipient can get today is ISK 120,743.40, and the least is ISK 115,817.81.

• 🆓 2 providers charge no fee on some ways to send or some amounts: Revolut and Western Union.

🏦 How to send money from USA to Iceland through a bank?

1 provider accepts payment by Bank Transfer.

Bank Transfer or Card? At USD 1,000, the typical total cost is 1.57% paying by Debit Card, 1.57% paying by ACH and 4.57% paying by Credit Card.

⚡ How to send money from USA to Iceland fast?

The fastest published delivery arrives instantly, with Revolut (Revolut Account).

By the times providers publish, money can arrive instantly by Revolut Account. Where no time is published, money typically arrives as Cash Pickup within 2 hours.

Delivery times are those providers publish, or typical times for the delivery method where they publish none. Actual times can vary with identity checks, bank cut-off times and public holidays.

🏆 Which are the best money transfer companies to send money to Iceland from USA?

There's no single best company: it depends on the amount and how you send. These are today's standouts, each by a measured figure.

• 🥇 Revolut and Western Union give your recipient the most on USD 1,000 today.
• 💱 Revolut and Western Union offer the highest exchange rates, from ISK 119.3998 to ISK 120.7434 per USD.
• 🔀 Western Union offers the most ways to send (5), followed by Revolut (1).
• 💵 Western Union offers Cash Pickup in Iceland.
• 🆓 2 providers have no-fee options.
• ⚡ Revolut publishes the fastest delivery: instant.
• 🎁 2 providers have RemitFinder deals for this corridor.

📋 Both providers, by what your recipient gets for USD 1,000:

At USD 1,000, both providers accept the transfer. Among them, your recipient gets between ISK 119,399.80 and ISK 120,743.40, and half of the providers give at least ISK 120,071.60.

Below are the details for each provider, in alphabetical order: its exchange rate, fees, ways to pay and receive, delivery times, limits and what your recipient gets.

Revolut USD to ISK exchange rate today

• 💱 Revolut's US Dollar to Icelandic Krona exchange rate is ISK 120.7434 per USD, 0.47% below the mid-market rate.
• 💸 Revolut charges no fee.
• 🏦 With Revolut, you pay by Revolut Account, and your recipient gets the money by Revolut Account.
• ⏱️ With Revolut, money arrives by Revolut Account instantly.
• 📏 Revolut accepts USD 1.49 to USD 100,000 per transfer.
• 💰 On USD 1,000, your recipient gets ISK 120,743.40 with Revolut (paying by Revolut Account, received by Revolut Account).
• 🎁 RemitFinder exclusive for Revolut: Sign up and get USD 20.

Western Union USD to ISK exchange rate today

• 💱 Western Union's US Dollar to Icelandic Krona exchange rate is ISK 119.3998 per USD, 1.57% below the mid-market rate.
• 💸 Western Union charges 3% when you pay by Credit Card or with Google Pay and no fee when you pay by Debit Card, with Apple Pay or by ACH.
• 🏦 With Western Union, you pay by Credit Card, by Debit Card, with Google Pay, with Apple Pay or by ACH, and your recipient gets the money as Cash Pickup.
• ⏱️ With Western Union, money arrives as Cash Pickup typically within 2 hours.
• 💰 On USD 1,000, your recipient gets ISK 119,399.80 with Western Union (paying by Debit Card, received as Cash Pickup).
• 🎁 RemitFinder exclusives for Western Union: Refer a friend to earn USD 20; Get first transfer free in US.

Limits are those providers publish to RemitFinder. What you can actually send depends on the provider's checks, your account and the rules in both countries.

🪜 Step by step guide to send money from USA to Iceland

1. Compare providers. RemitFinder lists 2 providers and 6 ways to send; the cards above rank them for your amount.
2. Choose how to pay. At USD 1,000, paying by Revolut Account has the lowest typical total cost (0.47%).
3. Choose how your recipient gets the money. Cash Pickup (1 provider) or Revolut Account (1 provider).
4. Check the limits. Published maximums start at USD 100,000 per transfer. What you can send also depends on the provider's checks and the rules in both countries.
5. Sign up and verify your identity. Providers need ID before your first transfer.
6. Add your recipient's details. Their name as on their ID for Cash Pickup.
7. Pay and track the transfer. The fastest published delivery arrives instantly.

Frequently Asked Questions: Sending money to Iceland from USA

These FAQs use data from RemitFinder's live comparison of 2 providers for USA to Iceland money transfers.

• How do I send money from USA to Iceland?

  Compare 2 providers on RemitFinder, choose how you pay and how your recipient gets the money, then send online with the provider you pick.

• What is the best way to send money to Iceland from USA?

  At USD 1,000, Revolut and Western Union give your recipient the most today: ISK 120,743.40 and ISK 119,399.80 respectively. The best way changes with the amount, so compare at yours.

• What is the cheapest way to send money to Iceland?

  At USD 1,000, the cheapest providers today are Revolut and Western Union. The cheapest combination is paying by Revolut Account, received by Revolut Account, with a typical total cost of 0.47%. 2 providers charge no fee on some ways to send or some amounts, and the exchange-rate markup decides the rest. RemitFinder ranks every way to send by what your recipient gets, fees included.

• How much can I save by comparing providers to send money to Iceland?

  At USD 1,000, your recipient gets between ISK 115,817.81 and ISK 120,743.40, depending on the provider and how you send. Comparing can get them ISK 4,925.59 more on one transfer. Revolut gives the most today, paying by Revolut Account, received by Revolut Account.

• What is the USD to ISK exchange rate today?

  The mid-market rate is ISK 121.31 per USD. Providers' rates run from ISK 119.3998 to ISK 120.7434.

• Exchange rate or fee: what matters more when you send money to Iceland?

  At USD 200, the typical fee is 0.00% of the amount, and the typical exchange rate has a markup of 1.57%. At USD 5,000, the typical fee is 0.00% of the amount, and the typical exchange rate has a markup of 1.57%. So the exchange rate matters more at every amount shown. Compare both: the cards above rank every way to send with both included.

• Does sending more money to Iceland lower the cost?

  Not always. The typical total cost is 1.57% at USD 200, 1.57% at USD 1,000 and 1.57% at USD 5,000.

• Which payment method is cheapest for sending money from USA to Iceland?

  Paying by Revolut Account has the lowest typical total cost at USD 1,000 (0.47%), and paying with Google Pay the highest (4.57%). On USD 1,000, that difference is worth about ISK 4,983 more to your recipient. The provider giving your recipient the most when paying by Revolut Account is Revolut.

• Is Debit Card cheaper than Credit Card for sending money to Iceland?

  Yes. At USD 1,000, paying by Debit Card has a typical total cost of 1.57%, compared with 4.57% paying by Credit Card. On USD 1,000, that difference is worth about ISK 3,639 more to your recipient. Your card issuer may also charge a cash advance fee when you pay by Credit Card.

• Which delivery method is cheapest for sending money to Iceland from USA?

  Receiving by Revolut Account has the lowest typical total cost at USD 1,000 (0.47%), and receiving as Cash Pickup the highest (1.57%). On USD 1,000, that difference is worth about ISK 1,344 more to your recipient. The provider giving your recipient the most when receiving by Revolut Account is Revolut.

• How can I send cash to Iceland from USA?

  Western Union offers Cash Pickup in Iceland. Cash Pickup is typically ready within 2 hours.

• What is the fastest way to send money to Iceland?

  By their published times, Revolut delivers fastest, instantly.

• Can I send money from USA to Iceland instantly?

  Yes. Revolut publishes delivery within an hour on some ways to send. On USD 1,000, the most your recipient gets that fast is ISK 120,743.40, with Revolut (paying by Revolut Account, received by Revolut Account).

• How much money can I send to Iceland from USA?

  Each provider sets its own limits. The lowest published maximum is USD 100,000, and 1 of 2 providers publish no maximum. Checks and the rules in both countries also apply.

• Can I send money to Iceland without fees?

  Yes, with Revolut and Western Union on some ways to send or some amounts. Check the exchange rate too, as a no-fee transfer can still carry a markup.

• Which providers send money from USA to Iceland?

  RemitFinder compares 2 providers: Revolut and Western Union.

• Which app is best to send money to Iceland?

  It depends on your amount and how you pay. RemitFinder compares 2 providers and ranks every way to send for the amount you enter.

• Why do providers charge different amounts to send money to Iceland?

  Each provider sets its own exchange-rate markup and fees, and both can change with how you pay, how your recipient gets the money and how much you send. At USD 1,000, none of the 1 provider that offers more than one way to pay change the rate with it.