Compare Bank Norwegian NOK currency transfer options to/from Norway. You can beat Bank Norwegian exchange rates when making a Norwegian krone international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your Bank Norwegian account in Norwegian krone, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 4.0% and additional bank transaction or commission fees may apply.
Bank Norwegian international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your Bank Norwegian account in Norway needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 1,000,000 Norwegian krone (NOK) using Bank Norwegian services would have a transaction exchange rate margin of around 4.0% – or 40,000 NOK. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 7,000 NOK in total, which is a large saving over the bank service.
International money transfers from Bank Norwegian could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Bank Norwegian account holder to use their services. Bank Norwegian may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 50,000 NOK).
Unless you pay a premium, Bank Norwegian’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Bank Norwegian AS is a Norwegian internet bank that offers loans, credit cards and savings accounts to consumers. The company was founded in November 2007.
Following a rapid growth in Norway, Bank Norwegian launched Sweden in 2013, and in 2015 BankNow opened in Denmark and Finland. In total, more than 1.3 million people have chosen Bank Norwegian as their secondary bank through services that include savings deposits, loans and credit cards with the Norwegian Reward program.
Find Bank Norwegian branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Bank Norwegian branches in your search area results.
You can find answers to everyday banking questions at Bank Norwegian online. If you can’t find the answer you’re looking for, you can call them from outside the Norway on +47 2336 1699
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers