Banking in Iceland

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anonymous
anonymous

Has anyone heard whether or not people who have money in Icelandic banks can do foreign transfers?

Thanks,

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icelander
icelander

There are conflicting reports on that. It seems that some transfers are getting "lost" somewhere in the computer systems, while others seem to be getting through.

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alexi_t
alexi_t

I have money in Kaupthing and I can't do any international transactions whatsoever. At least not through Online banking.

Anyone who knows what's happening to Kaupthing?

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blazius
blazius

[http://en.wikipedia.org/wiki/Kaupthing#Government_takes_control]

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alexi_t
alexi_t

Thanks blazius, but do you, or anyone, know what's happened since the government has taken the control? Are they re-opening it as with Landsbanki?

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mekong_bkk
mekong_bkk

You Guys may wish to check out KSFIOM Depositors Action Group at http://www.ksfiomdepositors.org

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anonymous
anonymous

I bank with Glitnir and have received word that I can do an international transfer. But, all transfers are to be approved by the Central Bank. They (Glitnir) sent me an application to fax back and then they will submit it to the Central Bank. I haven't done this yet as the exchange rate is so unfavorable....

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