Tariff changes

3 March 2022

On 2 May 2022, changes will be made to Landsbankinn’s price tariff, mainly on items that relate to cash transactions. The most significant changes apply to individuals and legal entities who do not own accounts or trade with us.

Individuals who own accounts with the Bank pay no fee on cash deposits, either in ATMs or with tellers. No fee is charged when our customers withdraw cash in ATMs.

Legal entities who trade through Landsbankinn and deposit cash through other channels than ATMs pay no fee. Where no deposit ATM is available, no fee will be charged provided the cash is deposited in the appropriate cash deposit pouches.

Individuals and legal entities who do not own accounts or trade with the Bank will incur a charge for cash deposits and withdrawals.

Various current tariff items increase and new items are added with these changes. The changes are intended to better reflect the cost of the Bank’s cash services. More information about fees and charges on cash transactions is provided in Chapter 16 of the price tariff, published on our website.

We encourage customers to use self-service solutions to minimise or avoid incurring charges.

The changes take effect on 2 May.

Fees

Changes to the login process for online banking and the app

As of 10 May 2022, customers who use a username and password to log in to online banking or the app will be required to authenticate the login activity with a security number texted to their phone. This is because of new rules on payment services. We encourage you to make an appointment to activate simpler login as soon as possible.

4 May 2022

Warning against smishing attempts

Please be on the lookout for smishing attempts that ask the recipient to update their security information using a link included in the message. Opening the link leads to a fake login page.

29 April 2022

Landsbankinn changes fixed rates on housing mortgages

Fixed rates on new non-indexed 36-month housing mortgages increase by 0.35 percentage points (pp) and fixed rates on new non-indexed 60-month housing mortgages by 0.30 pp.

29 April 2022

Інформація для клієнтів з України - Information for Ukrainian customers

Creating a bank account is not complicated, even if you’re new to Iceland. To become a customer, you first need an Icelandic identification number. We’ve published information about banking in Iceland and how to open a bank account to our website. This information is available in several languages, including English, Polish, Ukrainian and Russian.

13 April 2022

Easter service - the app can come in handy!

We are closed over Easter. Remember that you can use Landsbankinn’s app to resolve most matters. You can freeze your cards in the app and online banking if they are lost, stolen or misused. You can then re-open the cards if you find them again. Credit card holders have access to emergency service around the clock.

31 March 2022

Una Jónsdóttir new Head of Landsbankinn Economic Research

Una Jónsdóttir has been promoted to Head of Economic Research at Landsbankinn.

31 March 2022

Aðalheiður Sustainability Manager at Landsbankinn

Aðalheiður Snæbjarnardóttir has advanced to become the first Sustainability Manager of Landsbankinn. Aðalheiður has worked in the field of sustainability at the Bank since 2019. The new position of Sustainability Manager is intended to sharpen the Bank’s focus on sustainability which is growing in importance and becoming an ever larger part of our work. Aðalheiður will continue to work closely with other staff from across the Bank, such as in Finance & Operation, Corporate Banking, Risk Management and in product development.

30 March 2022

Open for applications for Landsbankinn's Sustainability Fund

Applications for grants from the Bank’s Sustainability Fund are now open. Allocation will focus on projects that contribute to the energy transition.

23 March 2022

Landsbankinn changes fixed rates on housing mortgages

Fixed rates on new non-indexed 36-month housing mortgages increase by 0.35 percentage points (pp) and fixed rates on new non-indexed 60-month housing mortgages by 0.25 pp. Fixed rates on new 60-month inflation-indexed housing mortgages decrease by 0.40 pp.

15 March 2022

Landsbankinn Corporate Finance advisor on sale of Eldum rétt to Hagar

Hagar hf. and the owners of Eldum rétt ehf. have reached an agreement on the purchase by Hagar of all share capital in Eldum rétt. Landsbankinn Corporate Finance acted as advisor to the seller in the transaction.