Send Money to Iceland
Send EUR to Iceland securely using our online platform, at market-beating FX rates. Get started with zero monthly account fees and no sign-up fees.
Start saving on money transfers to Iceland
0.5%
The above FX rate includes includes our standard customer margin. For payments made using SWIFT, we charge a fee from AUD $10, which is not factored in with this cost. You can avoid SWIFT fees by using other payment options. For more information, please review our Fee Schedule and Country Payout Guide.
“Massively simplifies the challenge of doing business overseas”
“Enables businesses to manage cross-border payments easily and cheaply”
“Australia’s fastest growing $1 billion dollar start up”
“Airwallex is the highest ranked Australian firm at #32” - Top Global 100 Fintech
Send money to Iceland like a local
Send money in EUR Fast
Simply login to the online platform, load your wallet, convert AUD into Euro and send your payment. Your payment will be received in one business day or less.
Simple, low fees
Pay just 1% above our transparent, interbank exchange rate when converting Australian Dollar into Euro. No international transaction fees, no sign up fees.
Pay your suppliers like a local
Free up cash flow by paying your suppliers via the local clearing system, meaning your funds spend less time in transit and more time in your account.
How to send money to Iceland from Australia
Fund your wallet
Deposit AUD directly into your wallet using your online banking.
Convert money at the best FX rate
We use the real mid-market conversion rate, with your funds available instantly.
Send your payment like a local
Your money will be received by your recipient in one business day or less.
How long will a money transfer to Iceland take?
Pay suppliers, staff and businesses in Iceland within one business day or less. We transfer funds using Iceland's local banking network so your Euro payments are received fast and in full.
Manage your business finances from a single platform
Make payments with Airwallex Borderless Cards
Use funds stored in your wallet to make payments using virtual Visa debit cards, without getting stung with international transaction fees.
Receive payments in 11 currencies
Instantly create foreign currency accounts to receive and hold funds in funds like USD, GBP and EUR.
The platform built for growing businesses
Get access to a wealth of tools built for business such as batch payment capabilities and integrations with popular platforms like eBay, PayPal & Shopify.
How much does an international payment cost?
Send payments to countries using the local currency (i.e. USD to US) for free with our proprietary, local payment technology. We only charge a small margin on FX conversions. To send money overseas, see the below currencies we support.
Access interbank rates² + 1.0% fees
Sending non-local currencies overseas (e.g. USD to China)? We can still help but we will need to use the SWIFT network and charge a small payment fee from $10AUD. This is to cover the cost of using the SWIFT network.
²Where possible, we offer live exchange rates. Click here to find out more.
*CNY has an additional 0.1% payout fee. Will require additional information to enable, please speak to one of our product specialists
**To pay suppliers in these currencies, please speak to one of our product specialists here
Xero Integration
Make bookkeeping a breeze
Quick and easy integration
Link your Airwallex and Xero accounts in just a few clicks.
Multi-currency transaction syncing
Sync your multi-currency Airwallex transactions to Xero, including who made the transaction and where.
Syncs hourly
Ensure your Xero transaction records are up to date for your accountant or bookkeeper.
Send money internationally in 40+ currencies
See how our customers are finding Airwallex
“Airwallex is our one-stop shop for all our banking needs, in one easy-to-use interface. Without Airwallex, we would not have been able to scale our business as fast as what we’ve been able to achieve.”
Andrew Ford and Rosa-Clare Willis
Co-founders, Crockd
“Airwallex has been a game changer for us. I cannot recommend these guys enough. The forex services are super efficient and super competitive. The customer service is not gold-plated, it's solid gold. One of the best eCommerce services for merchants we have come across since Paypal hit the scene 20 years ago."
Murray Kester
CEO, Cosmetics Now
“The new Expense Management system has been a real time saver for us in relation to the administration of our benefits program. Team members can upload receipts as they shop and we are able to clear our reconciliations much faster this way.”
Tanya Karolia
Payroll & Benefits, Linktree
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo
“Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees.”
Warren Durling
Chief Operating Officer, Dovetail
“Airwallex has made it really easy to pay our suppliers in any currency. We have not only saved $10,000 each month, but our suppliers now get their payments faster and in-full. We receive a notification once it’s dispatched, and it eliminates the worry factor of where our money is at. This is important for us to keep building a strong relationship with our suppliers.”
Danielle Goodwin
Director, Hawkeye Vintage
Frequently Asked Questions
What is the best way to send money to Iceland?
While traditional banks make it feel like a challenge to send money to Iceland, we’re here to show you a better way. We know that the best way to send money to Iceland is with an Airwallex business account transfer. You’ll enjoy zero sign-up fees, no foreign transaction fees and high-speed international payments, just the way it should be.
How much money can I transfer to Iceland?
Every business is different, and every supplier is, too. So it makes sense that your payment needs aren’t the same as the next business. With an Airwallex business account you can transfer up to EUR100,000 to Iceland as an instant payment. For all other payments, there’s no set limit. Some in-country limits may apply, so be sure to check these with your Airwallex Account Manager before making your payments.
How long does it take to send money to Iceland?
With your Airwallex business account, sending money to Iceland is faster than ever. Just load your wallet with money, make your Krona payment, and watch it reach its destination in one business day or less, in full. No foreign transaction fees or high-cost currency exchanges.
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.
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