"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Instant transfers to Visa & MasterCard. Over 35,000 reviews on TrustPilot."
Overall best way: Wise
Wise scored the highest of the 5 money transfer companies supporting EUR to KYD transfers.
In total, Wise appeared in 100% of Spain to Cayman Islands searches.
For a great mix of cost, speed & features, we advise using Wise for your Spain to Cayman Islands transfer.
How to compare companies offering money transfers from Spain to Cayman Islands
What to consider ahead of money transfers from Spain to Cayman Islands
Comparing based on your specific needs is the best way to send money from Spain to Cayman Islands with confidence.
Our analysis, and search results, include 5 providers that operate between Spain and Cayman Islands. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to Cayman Islands.
Cheapest way to send money to Cayman Islands from Spain: TransferGo
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Cayman Islands Dollar that is 1.84% different to the mid-market rate.
On average, TransferGo is 0.1% cheaper than the second-best option.
We would recommend TransferGo for low cost, affordable transfers from Cayman Islands Dollars to Cayman Islands.
*The most common fee applied to EUR-KYD by TransferGo, based on data from the past six months.
Fastest money transfers to Cayman Islands from Spain: TransferGo.
Through our research, we found TransferGo to be the quickest way to send EUR into Cayman Islands Dollar in 100% of instances. For fast transfers between EUR and KYD, TransferGo is generally a good option.
Money transfers from Spain to Cayman Islands through TransferGo have an average fee of 0 EUR.
To confirm that TransferGo was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Spain to Cayman Islands. This was made up of depositing Euro to a money transfer account and transfer times to Cayman Islands.
When sending quickly is a priority, TransferGo is our recommended choice for sending into Cayman Islands from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 5 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Cayman Islands 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 Cayman Islands from Spain.
Understanding the cost of money transfers from Spain to Cayman Islands
The total cost of sending money to Cayman Islands from Spain is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for EUR-KYD is 0.8638 KYD per Euro.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Cayman Islands Dollar for your Euros.
Over the last three months, the average EUR-KYD mid-market rate has seen each Euro worth 0.9082 KYD. Within this we see a high of 0.923, and a low of 0.8999.
Of the 5 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to KYD.
Fees: When sending money you may have to pay fees. Paysend has had an average fee of 0 EUR per transfer over the last 6 months, the lowest of the 5 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of Cayman Islands Dollar eventually received in Cayman Islands.
This number should be a guide for your decision if cost is important. A higher amount of money received in Cayman Islands means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to Cayman Islands Dollar
When transferring money between EUR and KYD, timing can make a huge difference. The exchange rate you secure impacts how much KYD you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the mid-market rate from EUR to KYD has fluctuated slightly. On average, it was 0.9082.
Across this six month period, the highest value recorded was 0.923, while the lowest was 0.8999.
Wise, which is our recommended service to send money online from Spain to Cayman Islands offers an exchange rate that is only 1.63% above the mid-market rate.
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Funding your Spain to Cayman Islands money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Cayman Islands 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 Cayman Islands.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to KYD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.