Where should I setup a bank account in Kopavogur?

"Before retiring in Kopavogur, expats should know that the cost of living is relatively high compared to other countries. The local currency is the Icelandic króna, and it's important to understand the exchange rate and financial system. Expats should also be aware that the climate in Iceland is cold and windy, with long winters and short summers. The weather can change rapidly, so it's essential to be prepared for all conditions. Icelandic is the official language, and while many people speak English, learning some basic Icelandic phrases can be beneficial. Healthcare in Iceland is of a high standard, but it's important to ensure you have the right health insurance coverage. Iceland is known for its safety and low crime rate, but it's still important to take standard precautions. The culture in Iceland is unique, with a strong emphasis on family, nature, and sustainability. It's important to respect local customs and traditions. Public transportation in Kopavogur is reliable, but many people also choose to own a car for convenience. Iceland has a high tax rate, so it's important to understand the tax system and your obligations. Finally, it's important to understand the process of obtaining a residence permit in Iceland, as this is required for anyone planning to stay longer than three months," said another expat in Kopavogur, Iceland.