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Delays in transfers to Íslandsbanki 14-17 September

During the period 14-17 September, Íslandsbanki in collaboration with the Icelandic Banks' Data Centre (RB), will implement a new deposit and payment system. While this process is on-going, the account statements of Íslandsbanki’s customers will not be updated and there will be delays to instalments on credit cards.

Impact on Landsbankinn customers

As advertised by Íslandsbanki, the implementation process will begin on Friday, 14 September, and the aim is to finish on Monday, 17 September. Íslandsbanki has encouraged its customers to complete necessary banking transactions before the weekend, if at all possible, to avoid difficulties.

During the implementation process, online banking services and the function of Íslandsbanki’s app will be curtailed. As a result, information on transfers from Landsbankinn accounts to Íslandsbanki accounts will not appear instantaneously in Íslandsbanki’s online banking but no later than when implementation of the new system is finalised. Transferred funds will be accessible through the use of debit cards. Instalments to credit cards issued by Kreditkort hf. and Borgun will not go towards raising limits on such cards until Monday.

Landsbankinn’s customers can send transfer receipts via email in both online banking and the Landsbankinn app, free of cost.

Landsbankinn’s Customer Service Centre open on the weekend

Our experts will be available through the Customer Service Centre on Saturday and Sunday, between 11-15:00. Should you experience any difficulties, you can contact us by emailing or by using Messenger in Facebook.


News and Notifications - 15 November 2018 09:15 AM

Landsbankinn changes interest rates

Today, Landsbankinn has raised non-indexed deposit and lending rates by 0.10-0.25 percentage points and lowered variable indexed deposit and lending rates by 0.10 percentage points. Rates on domestic foreign currency accounts have also been increased.


Vikubyrjun/Weekly bulletin - 12 November 2018 10:53 AM

Icelandic Economic Weekly: Monday 12 November 2018

The MPC raised policy rates by 0.25 percentage points. Concurrent with the policy rate decision, the CBI released its quarterly Monetary Bulletin. Icelandair Group acquired WOW air. Íslandsbanki released results for the first 9 months of the year.


News and Notifications - 07 November 2018 09:12 AM

Resigns as a Member of the Board of Directors of Landsbankinn hf.

Samúel Guðmundsson has resigned from the Board of Directors of Landsbankinn. Samúel was elected as alternate to the Board of Directors in April 2016 and became a regular member in March 2018.