Bank Norwegian – NOK Exchange Rates

Bank Norwegian overseas euro money transfer alternatives

You can beat Bank Norwegian exchange rates when making a krone (NOK) money transfer to or from an overseas bank and your account in Norway – (Expats also use this service to send Norwegian krone, euro, UK pounds and other popular currencies back to their Norwegian accounts at Bank Norwegian).

Bank Norwegian – Krone (NOK) vs European Currency Exchange Rates

POPULAR NORWEGIAN KRONE (NOK) EXCHANGE RATES – CHF CZK DKK EUR GBP HUF PLN SEK

UK pound sterling (GBP) to Norwegian krone (NOK) currency rates are updated daily at 09:00 GMT.

Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from Norwegian krone. Specialist foreign exchange companies including can save you money and time on the transaction.

About Bank Norwegian

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.

Pound & Krone Transfer to/from Bank Norwegian in Norway

Making a transfer to or from the Norwegian krone using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange.

Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide including a money transfer service to Norwegian high street banks.

UK bank to Bank Norwegian account v Currency Brokers

1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or Norwegian krone. Bank transfer commission fees range from £15 to £30 depending on the bank.

2: Unless you pay a premium, high street banks will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.

Sending Money Abroad with Bank Norwegian

To transfer funds abroad from your Bank Norwegian account, you have to visit a Bank Norwegian office. You will need to present/submit:

1: Identity document (e.g., passport);
2: Recipient’s account number (20 digits), last name and first name (patronymic, if any) in Latin alphabetic characters;
3: Recipient bank details (SWIFT, name, city and country of the bank).
4: Tell the bank officer the transfer details.
5: Submit the transfer amount to the Bank Norwegian cashier along with the transfer fee.