How to send money to Spain
Discover how to make a money transfer to Spain at the best EUR rate in a few easy steps
1. Make sure the Euro conversion rate is in your favor
Even though the currency market is uncertain, it is a good idea to keep an eye on it so that you can maximize how much your will get against your own currency. We advise our users to use smart alerts to frequently check the EUR mid-market's evolution.
2. Make your choice among the more than thirty providers available for transfers to Spain in order to select the best one.
Monito's comparison engine lists 39 providers to send money to Spain, such as TransferGo, TransferWise, Western Union, MoneyGram, Currencies Direct. Using the best provider from the more than 39 available options is a sure way to save money.
3. Choose the best provider for your transfer
What is the most important for you? Overall cost, time for the money to arrive, user ratings? Consider the pros and cons before selecting the provider.
In addition, it is important to pay attention to the payment solution and pay-out options. Credit cards, debit cards or a bank transfer are the most common pay-in options to send money to Spain online. To receive the money in Spain, choose if you need the money to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and start your transaction with the money transfer provider of your choice
Now, simply sign up on the money transfer provider's homepage - be aware you will often need to provide an ID and/or a proof of adress - and get started with your transaction.