How can I send money to Iceland from Canada?

You can send money to Iceland from Canada through MTFX. Create an account, select the available transfer currency, enter the amount and provide your recipient's Icelandic bank details. Review the exchange rate and payment information before confirming and funding your transfer.

Can I send money directly to an Icelandic bank account?

Yes, you can arrange an international bank transfer to an eligible account in Iceland through MTFX, subject to the supported payment currency and route. Provide the recipient's correct banking information and confirm the transfer details before submitting your payment.

What bank details do I need to send money to Iceland?

You will generally need the recipient's full name, Icelandic IBAN, bank name and BIC/SWIFT code. The recipient's address and payment purpose may also be required. Confirm all details with the receiving bank to avoid delays or rejected transfers.

What is the IBAN format for Iceland?

Icelandic IBANs contain 26 characters and begin with the country code IS, followed by two check digits and 22 additional digits. Check that the recipient's IBAN is complete and accurate before sending an international payment.

Can I send Icelandic króna (ISK) from Canada?

Iceland's official currency is the Icelandic króna (ISK). You can convert Canadian dollars to ISK through a provider that supports this currency pair. Check ISK availability and the applicable payment route with MTFX before booking your transfer.

Is it safe to send money to Iceland online?

MTFX is registered with FINTRAC and uses security measures such as identity verification, transaction monitoring, encryption and two-factor authentication. These measures help protect customer information and international payments, although no transfer service can eliminate every risk.

How much money can I transfer to Iceland from Canada?

The amount you can transfer depends on your account, funding method, available currency routes and applicable compliance requirements. MTFX supports large international payments, although additional documentation may be needed depending on the transfer amount and purpose.

Can I track my money transfer to Iceland?

Yes. You can monitor your international transfer through your MTFX online account. Once your payment is submitted, you can review its transaction status and check for updates as it moves through the payment process.

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Send Money to Iceland from Canada

Send money to Iceland from Canada with secure online transfers, competitive CAD to ISK exchange rates and transparent costs. MTFX helps you convert Canadian dollars to Icelandic krona for family expenses, travel payments, property costs and business invoices.

Save on CAD to ISK currency conversion

Send Icelandic krona to Icelandic bank accounts.

Secure transfers with dedicated support

Open a free account Compare CAD to ISK rates

Live CAD to ISK Exchange Rate Calculator

Convert CAD to ISK, compare exchange rates, and transfer money from Canada to Iceland.

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RECIPIENT CAN GET

Exchange rates

CAD → ISK0.0000

ISK → CAD0.0000

Total amount0.00 ISK

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We use mid-market rates. This is for informational purposes only. Log in to view send rates.

Compare CAD/ISK Rates

How much does it cost to send money to Iceland

Get a clearer view of your Canada to Iceland transfer cost before sending Icelandic krona. With MTFX, you can review the CAD to ISK exchange rate, transfer fees and the estimated Icelandic krona amount your recipient may receive before choosing your payment option.

Start your transfer

Transfer amountCAD

ProvidersRecipient gets

MTFXBest value

Best value

7,308.00ISKGet up to +168.08 ISK more

Get up to +168.08 ISK more

No obligation • Rate valid for a limited time

Start your transfer

SEND MONEY TO ICELAND

How to send money from Canada to Iceland in 3 simple steps

Enter your CAD amount, add your recipient’s Icelandic bank details and confirm your transfer online.

Create a free account

Sign up for free: Create your free MTFX account, complete verification and get ready to transfer money to Iceland.
Book your transfer: Get a CAD to ISK quote, review your exchange rate and enter your recipient’s Icelandic bank details to book your transfer.
Send your transfer: Fund your MTFX account. Once your funds are received, we’ll send Icelandic krona to your recipient in Iceland.

Create a free account

Fastest way to send money to Iceland

How long does it take to transfer money to Iceland from Canada?

Transfers from Canada to Iceland are often processed within one to two business days after your funds are received by MTFX. Processing time may vary depending on the payment method, transfer review, accuracy of recipient details, Icelandic banking hours and holidays.

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Best Way to send money

The best way to send money to Iceland

When sending money to Iceland, choose an online provider that gives you secure CAD to ISK transfers, transparent pricing and a clear view of the amount being sent. With MTFX, you can book your transfer online, review your exchange rate and send Icelandic krona to your recipient.

Secure, FINTRAC-regulated transfers with specialist support when you need it.

Bank transfer

Transfer money to your recipient’s Icelandic bank account using the banking details provided by the recipient. This may include their full name, IBAN or account number, SWIFT/BIC code and any required payment reference.

SAVE ON ISK TRANSFERS

Cheapest way to send money from Canada to Iceland

The cheapest way to send money from Canada to Iceland depends on the CAD/ISK exchange rate margin, transfer fees and any receiving-bank charges. A clear comparison of the final Icelandic krona amount can help you understand the real cost before confirming your transfer.

Up to 4% better ISK rates than your bank
Low or no transaction fees
Transparent pricing with no hidden costs
Cost-effective ISK transfers since 1996

Review your exchange rate, transfer fee and total cost before confirming your transaction

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TRUSTED CANADIAN FX PROVIDER

Why Canadians trust MTFX for money transfer to Iceland

Send money from Canada to Iceland online with clear fees, competitive CAD to ISK exchange rates and support for personal or high-value transfers.

They Truly Look Out for Their Clients

“They were fantastic. They guided us through the process and helped us a lot. We didn’t do our first transaction properly and sent it twice. An agent was on the phone immediately to let us know, and we redacted it. Great company and great employees!”

Kyle DanielsVerified customer

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SECURE & REGULATED

Is it safe to send money from Canada to Iceland with MTFX?

As a FINTRAC registered under registration No. M08042065 money services business, MTFX uses identity checks, transaction monitoring, encryption and two-factor authentication to support secure online money transfers.

FINTRAC-regulated
Bank-grade encryption
AML & KYC compliance
Two-factor authentication (2FA)

Your Iceland transfer deserves a better rate

Save on CAD to ISK exchange rate and transfer costs.

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Iceland IBAN Checker

Check the IBAN before you send money to Iceland

Sending money to Iceland? Take a moment to confirm the recipient’s IBAN, account name and banking details before you complete the transfer. Incorrect information can slow down processing or cause the payment to be returned. An IBAN check can help verify that the account details follow the correct format for your ISK transfer.

Your IBAN is used only for this validation request.

Sending money to Iceland?

Common reasons Canadians transfer money to Iceland

From buying property and paying tuition to covering regular Iceland expenses, convert CAD to ISK and send money directly to your recipient’s bank account.