Transfer Money to Norway

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About Money Transfers to Norway

Since the very start, we have helped thousands of people save when sending money to Norway. Unlike high street banks, we focus exclusively on currency exchange and excel in our field offering you our specialist financial product knowledge and the most reputable currency brokers.

Whether you are immigrating to Bergen or purchasing a property in Oslo, we will assist you in finding the cheapest way to send Krone to Norway. Saving you up to 85%, our currency comparison tool will provide you with top rates in seconds, in order to find the best deals at minimal effort.

Last updated: May 08, 2014 Our methodology

Quick Facts: Norway

Key information for sending money to Norway

Transfer Speed
1 working day
Local Currency
NOK
Income Tax Rate
0-46.8%
Avg. Property Price/m²
47,147.93 NOK
Avg. Monthly Rent (3 bed)
17,273.21 NOK
IBAN Required
Yes

Money Saving Tips for Norway

Expert advice for your international transfer

You can apply for a permanent residency permit in Norway if you have been living in Norway for a period of three years or longer.

Norway immigration law is that you complete tuition in the Norwegian language and social studies in order to qualify for permanent residence.

Expats will benefit from one of the most advanced health-care systems in the world and health insurance is mandatory for citizens.

Buying property is cheaper than renting and available to anyone as long as you are legally allowed to live and work there either on a Visa or residence permit.

What You Need to Send Money to Norway

Checklist of recipient bank details required

IBAN e.g. NO9386011117947
International Bank Account Number
SWIFT/BIC Code e.g. BANKNOXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Norway

Bank Norwegian Handelsbanken Sparebanken Hedmark YA Bank SpareBank 1 SMN SpareBank 1 Nord-Norge

"When sending money to Norway, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Norway

What is the cheapest way to send money to Norway?

The cheapest way to send money to Norway depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Norway?

Most transfers to Norway are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Norway?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Norway?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Norway

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.