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Landsbankinn ceases providing Western Union transfer services

On 1 June 2019, Landsbankinn will cease offering Western Union rapid electronic funds transfer services. Customers are advised that they can transfer funds to overseas accounts through online banking and the Landsbankinn app.

Íslandspóstur is the service provider for Western Union in Iceland and offers WU money transfer services at its post offices throughout Iceland.

Landsbanki przestaje świadczenia usług ekspresowych Western Union

Weekly bulletin - 02 June 2020 10:03 AM

Icelandic Economic Weekly: Tuesday 2 June 2020

The Icelandic economy contracted by 1.2% year-on-year in Q1. The CPI based on prices in May increased by 0.54% MoM, bringing the headline number to 2.6%. The trade balance and the current account balance were both slightly positive in Q1. The Treasury issued bonds in euros.


Forsíða - 28 May 2020 04:41 PM

Landsbankinn lowers interest rates

Landsbankinn has recently established itself as the financial undertaking that offers the most competitive lending rates in Iceland. Since the Central Bank of Iceland embarked on the current rate-cutting programme, Landsbankinn has generally lowered lending rates more than deposit rates.


Forsíða - 27 May 2020 12:10 PM

Bolungarvík outlet merges into Ísafjörður branch

Landsbankinn’s outlet in Bolungarvík will merge into the Ísafjörður branch on 1 July.