Banking Safe Deposit Clerk salary in Iceland

Average Yearly Salary of Banking Safe Deposit Clerk in Iceland is approximately 4,405,789 ISK (30,856 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Banking Safe Deposit Clerk do?

A banking safe deposit clerk is responsible for assisting customers in accessing and managing their safe deposit boxes. They ensure the security and confidentiality of the boxes, maintain accurate records, and handle customer inquiries and transactions. These clerks provide guidance to customers on the proper use of the safe deposit boxes and ensure compliance with bank policies and procedures. They may also assist with opening and closing accounts, accepting deposits, and processing other banking transactions. Excellent organizational skills, attention to detail, and strong customer service abilities are crucial for this role. Banking safe deposit clerks work in a fast-paced environment, often requiring multitasking and the ability to handle sensitive information with discretion.

Skills: Banking, Safe Deposit, Customer Service, Security, Record Keeping, Financial Transactions
Job industry: Banking

How much does Banking Safe Deposit Clerk make?

Difference in salary year over year or average salary increase is approximately 4 %


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Salary comparison to National average

Is Banking Safe Deposit Clerk a well paid job?

No, our data shows that Banking Safe Deposit Clerk is quite an underpaid paid job. The salary varies based on experience. Meaning that even though Banking Safe Deposit Clerk might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Banking Safe Deposit Clerk?

High salary for Banking Safe Deposit Clerk would be somewhere between 4,846,368 ISK and 6,388,394 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Banking Safe Deposit Clerk in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 4,405,789 ISK
Estimated Monthly Salary: 367,149 ISK
Estimated Weekly Salary: 84,727 ISK per week
Estimated Hourly Salary: 2,118 ISK per hour
Our data indicates that by working as Banking Safe Deposit Clerk you will not be able to save much money and will likely need to make adjustments to your lifestyle to go comfortably through the month.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Banking Safe Deposit Clerk

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Iceland

Data as of 2025

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