When buying ISK, you will get a BUY rate for your currency and we give you ISK instead.
When you sell ISK, you will get a SELL rate for the designated currency you want to change to.
You will find our buy/sell rate on our homepage and on our currency displays at our locations.

When buying and selling ISK we will add a low service fee on top of the BUY/SELL rate according to our pricelist.

FX Iceland staff are foreign exchange specialists we provide you with a more personal and tailored service than the banks offer along with an extended opening hour both nights and weekends. Banks in Iceland close at 16:00 and are also closed on weekend.

FX Iceland has an operating license from The Financial Supervisory Authority of Iceland to operate Currency Exchange Services according to Icelandic Law 140/2018 and rules 535/2019. Our goal is to offer Currency Exchange Services in downtown locations at a competitive rate compared to the Icelandic Banks.

Yes, according to Icelandic law FX Iceland needs to do an ID check, you can both bring a valid Driving license or a Passport. There are certain rules that apply to AML (anti money laundering) and KYC (know your customer) that FX Iceland needs to check when trading currencies. Same rule applies for all banks in Iceland. FX Iceland systems will as well run a Sanction screening test before finalizing the transaction.

FX Iceland fulfills the General Data Protection Regulation (EU) 2016/679. GDPR) is a regulation in EU law on data protection and privacy for all individual citizens of the European Union (EU) and the European Economic Area (EEA). It also addresses the transfer of personal data outside the EU and EEA areas.

When buying ISK, you will get a BUY rate for your currency and we give you ISK instead.
When you sell ISK, you will get a SELL rate for the designated currency you want to change to.
You will find our buy/sell rate on our homepage and on our currency displays at our locations.

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When buying and selling ISK we will add a low service fee on top of the BUY/SELL rate according to our pricelist.