Current Account in Iceland

Iceland recorded a Current Account surplus of 11.13 ISK Billion in the fourth quarter of 2013. Current Account in Iceland is reported by the Central Bank of Iceland. Current Account in Iceland averaged -12.37 ISK Billion from 1978 until 2013, reaching an all-time high of 54.63 ISK Billion in the third quarter of 2013 and a record low of -139.04 ISK Billion in the second quarter of 2008.

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Day-to-day cash management in different currencies around the world.
As an expatriate you benefit from our preferential fee structure “Expat Investors”:

  • No transfer fees for bank transactions
  • Reimbursement of transfer fees charged by your bank
  • Reduced foreign exchange fees
  • 50 % discount on the annual account management fees
  • 50% discount on the annual fees for an international bank card (Visa, Mastercard)

Minimum requirement
EUR 50,000
Payment methods
International debit and credit card, deferred debit cards available
Multi currency account
26 currencies: euro, US dollar, pound sterling, Swiss franc, Singapore dollar, Hong Kong dollar, etc.
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