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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 82.5% of Spain to China searches, and was the top rated company out of 7 that support EUR to CNY.
So for a great mix of cost, speed & features, make your Spain to China transfer using Wise.
How to get the best deal on your Spain to China transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to China.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Spain to China
Don't settle for the first option. Always compare ways to send money from Spain to China to find out about fees, speed, and reliability.
Our analysis included 7 providers that operate between Spain and China.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to China.
Cheapest way to send money to China from Spain: Instarem
Data collected over the past six months shows that Instarem is 0.8% cheaper than the second-best option.
The €3.59 transfer cost represents the most common fee for EUR to CNY international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to China transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to EUR-CNY by Instarem, based on data from the past six months.
Fastest way to send money from Spain to China: Remitly
Our data shows that Remitly came up as the fastest way to send money from Spain to China in 35% of searches. This makes them well suited to urgent EUR to CNY money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to China - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Remitly is your best choice at the moment. This service emerged as the quickest way to send money to China from Spain in 35% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to China, it’s the provider that will keep you safe and relaxed while your money moves into CNY.
Understanding the costs involved when moving money from Spain to China
When calculating the costs of money transfers between Spain and China, here's what really matters:
The Mid-Market Rate: Today, the EUR-CNY mid-market rate equals to 7.791008 CNY per Euro.
The EUR-CNY average exchange rate for the past three months has been 7.8106 CNY per Euro, with a high of 7.9391 and a low of 7.6348.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from EUR to CNY.
How to find the best exchange rate for Euro to Yuan Renminbi
Timing is essential for sending money between EUR and CNY. The exchange rate you secure impacts how much CNY you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to CNY has seen some fluctuation. On average, it stood at 7.8106.
During this period, the highest value recorded was 7.9391, while the lowest was 7.6348.
Wise, which is our recommended service to send money online from Spain to China offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best EUR-Yuan Renminbi exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Spain to China!
Payment methods available to fund your Spain to China transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to China.
By using a money transfer company such as Instarem for transfers from Spain to China, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 7 we tested when sending EUR to China.
With an average fee of EUR0.82 to send money from Spain to China, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to China with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Spain to China, competing among a total of 7 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Spain to China, Wise emerges as our top choice of the 7 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between China 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 China.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to CNY.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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