Best way to send money to Norway | finder.com

How to send money to Norway

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Find the best exchange rates and most convenient transfer solutions when you need to send money to Norway.

When you’re looking to send money from the US to Norway, you’ll want to not only get the most value per dollar, but you’ll also want to minimize the expense on your end. High fees can be a burden when you’re looking to transfer money overseas. By comparing your options, you can send plenty of krones to your recipient without having to pay too much on your end.
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    Compare international money transfers to Norway

    I want to send

    to

    Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
    USD 0 3 - 5 days USD 0.00 8.636 NOK 43,182 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
    USD 1,000 1 day USD 0.00 8.632 NOK 43,160 No maximum limit, no fees and competitive exchange rates for 100+ currencies. Go to site Show details
    USD 1 1 - 2 days USD 7.00 8.641 NOK
    43,143
    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
    USD 1 Within an hour USD 3.99 8.623 NOK 43,082 Use promo code FINDER to send your first transfer with no fee.
    Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
    Go to site Show details
    1 - 2 days USD 0.00 8.615 NOK 43,073 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

    Compare up to 4 providers

    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.

    You can find a much better deal if you approach a dedicated money transfer company to send your funds overseas. These companies, such as OFX and WorldRemit, offer better exchange rates and much lower fees than banks, allowing you to lessen the financial impact of your international transfer.

    Neil Sends Money to Norway

    Neil is traveling through America on a year-long road trip with two friends. With his 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 would 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 1Money transfer company 2
    Exchange rate$1 USD = $8.02 NOK$1 USD = $8.14 NOK
    Transfer fee$5$4
    Transfer methodCash pickupBank account deposit
    Processing time15 minutes1 to 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. Since Neil has planned ahead, he decides to go with the larger amount so his girlfriend can really celebrate her birthday in style.

    What are my options to send money to Norway?

    • Bank transfers. A bank-to-bank transfer is a secure method of sending money overseas, but it can be costly when you aren’t exchanging major currencies.
    • Online money transfer providers. Money transfer companies are another secure way of sending money to Norway. They often have lower fees and better exchange rates.
    • 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.

    How to send money to Norway

    1. Compare your money transfer options in the table above.
    2. Click Go to site and register with the provider.
    3. Start a transaction, supply your recipient’s information and pay for your transfer.
    4. Save your tracking number or receipt to check the progress of your transfer.

    Foreign exchange rates explained

    Exchange rate is used to determine how much one country’s currency is worth when converted to the currency of another country. The US dollar is strong against the Norwegian krone, which means you’ll be able to get more krones per dollar spent. As of September 2018, that amount was about 8.14 NOK per 1 USD. However, this number is flexible and may change daily based on inflation, interest rates and overall economic stability of the two countries.

    Live USD-NOK exchange rate


    Emergency cash transfers in Norway

    If you find yourself in the unfortunate situation where you need to send an emergency cash transfer to Norway, you should be able to find a company that can get your funds to your recipient within minutes. Just be warned that you’ll need to pay extra for an quick transfer. This means higher fees and less favorable exchange rates. 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.

    Tips for picking up cash in Norway

    Your recipient may need to pick up cash when you transfer money to Norway, and that means they face some extra risks. Discuss locations where a transfer may be safer to ensure your recipient doesn’t become a target for theft when collecting their funds.

    • Phone ahead to confirm an agent’s location and hours of operation.
    • 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.
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    US International Money Transfers Offers

    Important Information*
    XE Money Transfer

    Transfer up to $500,000 with no minimums and no fees.

    WorldRemit International Money Transfers

    Use promo code FINDER to send your first transfer with no fee.
    Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

    World First

    No maximum limit, no fees and competitive exchange rates for 100+ currencies.

    TransferWise

    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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    US International Money Transfers Offers

    Important Information*
    XE Money Transfer

    Transfer up to $500,000 with no minimums and no fees.

    WorldRemit International Money Transfers

    Use promo code FINDER to send your first transfer with no fee.
    Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

    World First

    No maximum limit, no fees and competitive exchange rates for 100+ currencies.

    TransferWise

    Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

    Go to site