Compare DNB Bank NOK currency transfer options to/from Norway. You can beat DNB Bank 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 DNB bank account in Norwegian krone, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 2.3% and additional bank transaction or commission fees may apply.
DNB 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 DNB Bank 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 DNB Bank services would have a transaction exchange rate margin of around 2.3% – or 23,000 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 DNB Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing DNB Bank account holder to use their services. DNB Bank 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, DNB Bank’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.
DNB Bank ASA is Norway’s largest financial services company, which also includes the brands Vital, Nordlandsbanken, Cresco, Postbanken, DnB NORD and Carlson. In Norway, DNB Bank has more than 2.3 million private customers and more than 200,000 corporate clients, served from over 200 Norwegian branch offices.
Find DNB 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 DNB branches in your search area results.
You can find answers to everyday banking questions at DNB online. If you can’t find the answer you’re looking for, you can call them from outside the Norway on +47 9150 4800
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers