Best way to send: Wise
We tested & reviewed 15 money transfer companies offering services between Spain and Bulgaria, and Wise scored highly.
In total, Wise appeared in 100% of Spain to Bulgaria searches, and was the top rated company out of 15 that support transfers into Bulgarian Lev.
So for a great mix of cost, speed & features, make your Spain to Bulgaria transfer using Wise.
Getting the best deal on your Spain to Bulgaria transfer
Considerations to make sending money from Spain to Bulgaria easy
Comparing the different providers offering services between Spain and Bulgaria, is the best way to send money with confidence.
The 15 providers we've compared ensures you will get the best options for your transfer to Bulgaria from Spain. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Euro to Bulgaria.
Cheapest way to transfer money from Spain to Bulgaria: TalkRemit
Data collected over the past six months shows that TalkRemit is 0.4% cheaper than the second-best option.
This includes an average transfer fee of 0* EUR an exchange rate for buying Bulgarian Lev with Euros that is -0.08% different to the mid-market rate.
If you want to secure the best rates on transfers from Spain to Bulgaria, TalkRemit will result in the most Bulgarian Lev received.
*The most common fee applied to EUR-BGN by TalkRemit, based on data from the past six months.
Fastest money transfers to Bulgaria from Spain: Paysend.
Through our research, we found Paysend to be the quickest way to send EUR into Bulgarian Lev in 60% of instances. For fast transfers between EUR and BGN, Paysend is generally a good option.
Money transfers from Spain to Bulgaria through Paysend have an average fee of 0 EUR.
To confirm that Paysend was the 'fastest' option we compared 15 money transfer providers for overall speed of sending money from Spain to Bulgaria. This was made up of depositing Euro to a money transfer account and transfer times to Bulgaria.
When sending quickly is a priority, Paysend is our recommended choice for sending into Bulgaria from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 15 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Bulgaria can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Bulgaria from Spain.
Understanding the cost of moving money from Spain to Bulgaria
The total cost of sending money to Bulgaria from Spain, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for EUR-BGN is 1.9567 BGN per Euro.
Finding a company offering an exchange rate closer to this will mean more Bulgarian Lev for your Euro.
The average EUR-BGN mid-market rate for the last three months has been 1.9566 BGN per Euro. This includes a high of 1.9643, and low of 1.9491.
Out of the 15 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting EUR to BGN should be the biggest determining cost factor when transferring Euro to Bulgaria.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. TalkRemit, with a fee average of 0 EUR per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Bulgarian Lev eventually received in Bulgaria.
A lower cost of sending from Spain will result in more money received in Bulgaria.
Tracking the exchange rate for Euro to Bulgarian Lev
Getting a better exchange rate between EUR and BGN can make a huge difference to the overall cost of sending money.
Over the last six months, between Spain and Bulgaria, the average numbers are:
EUR to BGN saw an average 1.9566 BGN mid-market rate.
The highest point was 1.9643 BGN, while the lowest was 1.9491 BGN.
15 providers are currently offering transfers between Spain and Bulgaria.
Want to secure the best EUR-Bulgarian Lev exchange rates?
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Spain to Bulgaria money transfer payment methods
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bulgaria and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Spain to Bulgaria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to BGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.