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Iceland | Where should I setup a bank account in Iceland? | Expat Exchange
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Where should I setup a bank account in Iceland?

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We asked expats in Iceland what banks they use and there advice about banking. They advised...

"Before retiring in Iceland, expats should be aware of the cost of living, which is higher than in many other countries. They should also be aware of the weather, which can be cold and unpredictable. Additionally, expats should research the healthcare system and the availability of medical services. It is also important to research the local culture and customs, as well as the language, to ensure a smooth transition. Finally, expats should be aware of the visa and residency requirements for living in Iceland," said a member in Iceland.

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William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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Other Questions:

Where should I setup a bank account in Iceland?

If you live in Iceland, newcomers to Iceland would love to hear your answer to this question.

If your answer relates to a specific city or town in Iceland, please include the name of the city/town below:


About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

William Russell
William Russell

Get a quote for international health insurance from our partner, William Russell.
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William RussellWilliam Russell

Get a quote for international health insurance from our partner, William Russell.
Get Quote

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Help others in Iceland by answering questions about the challenges and adventures of living in Iceland.

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