Find the best exchange rates and most convenient transfer solutions when you need to send money to Norway from the United States.
There are more than 4.5 million Americans of Norwegian ancestry in the United States today, with the largest populations found in Minnesota and Wisconsin. With such a sizeable proportion of the population boasting strong links to Norway, there are plenty of financial institutions willing to offer their services if you ever need to send money to Norway from the USA.
It’s up to you to compare those companies and determine which one offers the best deal.
Compare International Money Transfers
Banks versus money transfer companies
You could use your bank to send an international money transfer, but if you want to save money on the transaction you should look elsewhere. Banks offer unimpressive exchange rates and high fees for sending money overseas, which can end up costing you (and your recipient) a whole lot of dough.
You can find a much better deal if you approach a dedicated money transfer company to send your funds overseas. These companies, such as USForex and WorldRemit, offer better exchange rates and much lower fees than the banks, allowing you to lessen the financial impact of your international transfer.
Neil is travelling through America on a year-long road trip with two friends. With his Norwegian girlfriend’s birthday fast approaching, Neil wants to send a gift of $1,000 to her in Oslo. Instead of sending the funds with his bank, which wants to charge a $50 transfer fee, Neil compares the services of two money transfer companies to see which one comes out on top.
|Money transfer company 1||Money transfer company 2|
|Exchange rate||1 USD = 8.02 NOK||1 USD = 8.14|
|Transfer method||Cash pickup||Bank account deposit|
|Processing time||15 minutes||1-3 business days|
|Amount received (in NOK)||8,020 NOK||8,140 NOK|
As you can see, while the first company provides rapid transfers, the second provider allows Neil to send an additional 120 NOK to his girlfriend.
How to compare transfer companies when transferring money to Norway
- Exchange rates. The rate of exchange greatly influences just how affordable your transaction is, so compare each provider’s rates with those offered by the competition.
- Fees. You’ll usually need to pay a fee to send your funds, although some companies offer fee-free transfers when you send large amounts.
- Transfer methods. Common transfer methods online or in-branch transfers, while other companies also offer over-the-phone transfers and mobile apps.
- Transfer options. Some companies will allow you to place limit orders and forward contracts, and sometimes schedule recurring payments for the weeks and months ahead.
- Turnaround time. Processing times vary from instant transfers (allow 10-15 minutes) to transactions that take several working days.
- Minimum transfer limit. Some providers impose minimum transfer limits which could even be as high as $500 or $1,000 — not ideal if you just want to transfer a small amount.
- Pickup methods. Bank account transfers and picking up cash from a transfer agent are the two most popular ways your recipient can access the cash.
- Customer service. You need to know that help will be available if you ever need it, so compare the customer service options offered by each company.
How to send money to Norway from America
- Bank transfers. A bank-to-bank transfer is a secure method of sending money overseas.
- Online money transfer providers. You can find a selection of trusted online transfer providers at finder.com.
- Checks. This option is a slow but reliable transfer method.
- Money transfer companies with cash pickup options. These companies offer the convenience of fast transfers and multiple pickup locations.
- PayPal. PayPal offers secure international money transfers to Norway.
Emergency cash transfers in Norway
If you find yourself in the unfortunate situation where you need to send an emergency cash transfer to Norway — perhaps to help out a travelling friend or family member who has run out of cash a long way from home — you should be able to find a company that can get your funds to your beneficiary within minutes.
Just be warned, however, that you will need to pay extra for an urgent transfer in the form of higher fees and decreased exchange rates. That’s why you should always take a minute to carefully read over the details of your transaction and make sure you’re fully aware of exactly how much it is going to cost.Back to top
Cash pickup locations in Norway / Western Union / MoneyGram / Ria branches in Norway
Western Union, MoneyGram and Ria allow you to send fast transfers that can be collected from each provider’s network of agent locations throughout Europe. Your recipient will need photo ID and a transaction reference number when they go to pick up the funds, while phoning ahead to check opening hours and cash availability is often also a good idea.
Global Money Transfer
Oslo, Oslo NO 0190
Open: 10am to 6pm Monday to Saturday
World Net Telecom
Oslo, Oslo 0184
Open: 7:30am to 5:30pm Monday to Friday; 9am to 9:30pm Saturday; 10am to 9pm Sunday
Bergen, Hordaland NO 5013
+47 – 553-27614
Open: 9am to 8pm Monday to Friday; 10am to 5:30pm Saturday; 11:45am to 4:30pm Sunday
Bergen, Hordaland NO 5008
Open: 10am to 8pm Monday to Saturday, 12pm to 8pm Sunday
Open: 8am to 7pm Monday to Friday, 10am to 6pm Saturday
Open: 9am to 11pm seven days
Olav Kyrres Gate 28
Open: 10am to 10pm Monday to Friday, 11am to 7pm Saturday
Natias Mat Buttik Eshete
Open: 11am to 6pm Monday to Saturday, 12pm to 4pm Sunday
Ria Oslo Bussterminalen
Schweigaardsgate 6/ Bussterminalen
Open: Monday to Friday 6:30am to 9:30pm; Saturday 7:30am to 9:30pm; Sunday 7:30am to 7:30pm
Ria Oslo Storgata (Oslo)
Open: 7:30am to 8:30pm Monday to Thursday; 7:30am to 9:30pm Friday; 8:30am to 7:30pm Saturday; 10:30am to 7:30pm Sunday
No information on opening hours available
Tips for picking up cash in Norway
- Phone ahead to confirm an agent’s location and opening hours
- Only visit transfer agents in areas where you feel safe
- Don’t let strangers see your cash
- Visit a transfer agent with a friend so as to discourage would-be thieves
- Deposit the funds you pick up into your bank account as soon as possible
How to send money to Norway
You’ll need to provide a range of relevant details on order for a money transfer provider to process your transaction. These details include:
- Your full name and contact information
- A valid form of photo ID, for example a driver’s license or passport
- Your recipient’s name and contact information
- The amount of money you wish to send and in which currency
After you have paid for your transfer you will be given a reference number that can be used to track your transaction.