Send Money To Norway

Updated on September 13, 2020
Personal
Business
From
United States Flag
United States
USD
To
Norway Flag
Norway
NOK
1 USD equals
9.035 NOK
09/13/2020 5:19 PM UTC
 
How much to transfer?
$1-1k
$1k-10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
OFX Logo
  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers
$
$
$

low

Fees
87
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • Debit card (UK only)
  • BPAY (Australia only)
  • Direct debit (U.S. only)

Features

  • Check Icon
    0.4% margin for new customers referred by iCompareFX
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Online and phone transfers

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for personal transfers
  • Circle Check Icon
    Get competitive exchange rates
  • Circle Check Icon
    Lets you schedule transfers with ease
  • Circle Check Icon
    Trading in some currencies possible only over the phone
  • Circle Check Icon
    Website access only in English

TorFX Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents
$
$
$

low

Fees
72
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank transfer
  • CHAPS (UK only)
  • BACS (UK only)
  • Visa debit card (UK only)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Scheduled transfers
  • Check Icon
    Forward contracts
  • Check Icon
    Limit and stop loss orders
  • Check Icon
    Travel money solutions for UK residents

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    Pay no fees for one-off transfers
  • Circle Check Icon
    Schedule transfers between £500 and £10,000 per month
  • Circle Check Icon
    Use hedging tools to protect yourself against FX fluctuations
  • Circle Check Icon
    No multilingual website

XE Money Transfer Logo
  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service
$
$
$

low

Fees
74
Speed Icon

medium

2-3 days

Less Information
+

Transfer Options

  • Bank Transfer
  • BPAY (Australia)

Features

  • Check Icon
    Fee-free transfers
  • Check Icon
    Competitive exchanges rates
  • Check Icon
    Limit orders
  • Check Icon
    Multilingual website and customer service

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

medium

2-3 days

Best For

  • Circle Check Icon
    No fees for personal transfers
  • Circle Check Icon
    Accepts payments in several currencies
  • Circle Check Icon
    Target specific rates using limit orders
  • Circle Check Icon
    No debit or credit card payments
  • Circle Check Icon
    No scheduled transfers

WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      Currencies Direct Logo
      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website
      $
      $
      $

      low

      Fees
      84
      Speed Icon

      medium

      2-3 days

      Less Information
      +

      Transfer Options

      • Bank transfer
      • Debit card

      Features

      • Check Icon
        Forward contracts and limit orders
      • Check Icon
        Scheduled transfers
      • Check Icon
        Travel money solutions for residents of the UK
      • Check Icon
        Multilingual website

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      medium

      2-3 days

      Best For

      • Circle Check Icon
        Schedule transfers easily
      • Circle Check Icon
        Make use of hedging tools
      • Circle Check Icon
        Accepts customers from most countries
      • Circle Check Icon
        Cannot sign up from all states in the U.S.

      TransferWise Logo
      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app
      $
      $
      $

      low

      Fees
      75
      Speed Icon

      fast

      1-2 days

      Less Information
      +

      Transfer Options

      • Bank Transfer
      • Credit Card
      • Debit Card
      • Country specific alternatives

      Features

      • Check Icon
        Transparent fee structure
      • Check Icon
        Send money to email addresses
      • Check Icon
        Multicurrency account with debit card
      • Check Icon
        Multilingual website & app

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      low

      Fees
      Speed Icon

      fast

      1-2 days

      Best For

      • Circle Check Icon
        User friendly mobile app
      • Circle Check Icon
        Multi-currency account
      • Circle Check Icon
        Travel debit card
      • Circle Check Icon
        No scheduled transfers
      • Circle Check Icon
        No dedicated account manager

      How to send money to Norway

      How To Step Icon
      Step 1
      Examine alternatives, select the best, sign up
      Examine alternatives, select the best, sign up
      Several leading international money transfer companies let you send money to Norway quickly and easily.
      Selecting the best requires that you pay attention to your own requirements while comparing your alternatives.
      Once you do, sign up as an individual or business by giving all the information the company requires.
      Verifying your identity at this stage is usually a regulatory requirement.
      How To Step Icon
      Step 2
      Assess NOK exchange rates, get the transfer started
      Assess NOK exchange rates, get the transfer started
      Take a good look at the recent history of NOK exchange rates and determine if it is a suitable time to send money to Norway.
      Once you wish to begin the transfer process, request a rate quote from your service provider - either online or over the phone. Remember that the rate on offer might vary based on the transfer amount. Accepting the quote locks the rate in place.
      Providing the recipient's Norwegian bank account details comes next.
      How To Step Icon
      Step 3
      Make payment, track transfer's progress
      Make payment, track transfer's progress
      The company you select might give you more than one way to pay for your transfer. Use any of the available methods and make your payment.
      Your service provider will transfer money to Norway, into the beneficiary's bank account, after it receives your payment.
      The recipient stands to receive the money within a stipulated time frame.
      You may turn online to track your transfer's progress. You might also receive notifications via email or text messages.

      Currency Symbol and Swift Codes

      The Norwegian krone (NOK) is the official currency of Norway. One krone is divided into 100 øre. The plural of krone is kroner. In April 2010, the Norwegian krone was the 13th most traded currency in the world.

      Banks in Norway rely on SWIFT codes to facilitate incoming overseas money transfers. As a result, if you wish to send money to a Norwegian bank account, you will need the bank’s SWIFT code. The corresponding table lists SWIFT codes of some prominent banks in Norway.

      BANKBRANCHSWIFT CODE
      Bank NorwegianOsloNORWNOK1XXX
      DNB BankOsloDNBANOKKXXX
      HandelsbankenOsloHANDNOKKXXX
      Storebrand BankOsloSTFBNOKKXXX

       

      Case Study

      Andreas had to relocate to the United States because of work. Since he planned to return in a couple of years, his wife and children continued living in Norway. While his wife had a job, he decided to keep sending her some money so the family could maintain the same lifestyle as before. Turning to an American bank to carry out the transfers was an option, but he decided to compare all his alternatives. This is how the top bank and money transfer company stood head-to-head.

       BANKMONEY TRANSFER SERVICE
      Exchange rate$1 = NOK 7.4340$1 = NOK 7.6235
      Transfer fee$15$0
      Amount received for $2,000NOK 14,756.49NOK 15,247.00
      Transfer time2 to 6 days2 to 3 days
      Transfer optionsBank accountBank account
      Difference of NOK 490.51

      Andreas had more to gain by turning to the money transfer company than a better exchange rate, lower fees, and a quicker turnaround time. The company he selected let him lock in exchange rates whenever he found them to be favorable, and he could also schedule his transfers in advance.

       

      Cash Pickup Locations in Norway

      If the recipient does not have a bank account, or if you want to send money to Norway as quickly as possible, consider using the services of companies such as Western Union, MoneyGram, or Ria. These companies have extensive agent networks across Norway.

      WESTERN UNION IN NORWAY 
      Oslo World Net Telecom Storgata 24 OsloForex Jonas Lies Gt4 Lillestrom
      Bergen Mommona Kaffeteria Olav Kyrres Gate 28 BergenWeirah Net Baneveien 1 Bergen
      MONEYGRAM IN NORWAY 
      Oslo MoneyGram Store Storgata 26 OsloKaah Express Storgata 34C Oslo
      Bergen Mommona Kaffeteria Olav Kyrres Gate 28 BergeWeirah Net Baneveien 1 Bergen

       

      Safety Tips for Picking Up Cash in Norway

      Levels of crime in Norway are typically low, although you should exercise basic precautions. Instances of petty crime such as bag snatching and pickpocketing in and around Oslo, at airports, and at train stations tend to increase during the tourist season, between May and September. Remain vigilant when walking after dark, and avoid shortcuts and poorly lit or desolate streets.

       

      What Information Do I Need to Transfer Money to Norway?

      The information you will need depends on the transfer method you choose.

      • Transfer to bank account. The information you need includes the recipient’s complete name, a bank account in the same name, the name of the receiving bank, and the receiving bank’s SWIFT code.
      • Transfer to cash pickup location. You will need the recipient’s complete name and the location of a cash pickup center from where the recipient will collect the transferred money. The recipient will need to present a transaction number and an acceptable form of ID to get the money.

       

      Regulations When Transferring Money To and From Norway

      Norges Bank (the central bank of Norway) watches over the country’s payment systems to maintain stability in its financial sector. There are no currency restrictions in place, which gives you the ability to send money to and from the country freely.

      If you have more than NOK 25,000 when entering Norway, you need to declare it to the country’s customs authorities.

      To transfer more than NOK 25,000 out of the country, you need advance approval from the Norwegian Customs, and you need to carry out the transfer using an approved bank or money transfer company. Failure to comply may lead to temporary confiscation of the excess currency, a significant fine, and even arrest.

      Convert USD to NOK

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      NOK
      Sending money online through specialist money transfer companies.

      Expect to receive between Nkr894.49 and Nkr899.91 when sending money from USD to NOK at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately Nkr858.35, not including additional banking fees. That is an average saving of Nkr38.85.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

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