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Companies for transfers from Spain to China
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Send money to over 40 destinations online and in the mobile app."
"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."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall top choice: Wise
Of the 14 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 65.5% of searches for transfers between Spain and China.
When sending money from Spain to China, using Wise in a great option.
How to get the best deal on your Spain to China transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Spain to China.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Spain and China.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to China.
Summary of recent searches
Considerations ahead of sending money from Spain to China
A comparison of providers offering services between Spain and China, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 14 providers that provide services for sending Euro to China. This ensures you will get the best options for your transfer to China from Spain.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Spain to China.
Cheapest way to send money to China from Spain: Revolut
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to Yuan Renminbi that is 0.15% different to the mid-market rate.
On average, Revolut is 0.3% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from Yuan Renminbis to China.
*The most common fee applied to EUR-CNY by Revolut, based on data from the past six months.
Fastest way to transfer money to China from Spain: Wise.
Wise was the quickest way to send Euro to Yuan Renminbi in 51.7% of searches. For fast transfers between EUR and CNY, Wise comes highly recommended.
When using Wise to send money from Spain to China you can expect an average fee of 22.88 EUR. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 14 money transfer providers. To test overall speed of sending money from Spain to China we included the timeframe for depositing Euro to a money transfer account and average transfer times to China.
When sending money to China from Spain quickly is a priority, Wise is our recommended choice.
Send large sums of money abroad with Currencies Direct
From the 14 options we compared, Currencies Direct offers the strongest all-round option for large transfers to China from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Yuan Renminbis to Yuan Renminbi.
As such, we recommend Currencies Direct for large transfers between China and Spain.
Understanding the cost of sending money to China from Spain
The cost of sending money from China to China, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-CNY is 7.6156 CNY per Euro.
Finding a provider offering an exchange as close to 7.6156 as possible will ensure more Yuan Renminbi received when transferring.
For context, the EUR-CNY mid-market rate for the past three months has averaged 7.6875 CNY per Euro. This includes a high of 7.9618, and low of 7.4471.
Wise currently offers the best exchange rate on transfers from Spain to China.
For the most part the EUR-CNY exchange rate you receive is the biggest factor impacting the cost of sending EUR to China.
Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to China from Spain, averaging 0 EUR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Yuan Renminbi is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Euros to CNY, paired with a low fee, means a higher total amount received in China.
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 7.6875.
During this period, the highest value recorded was 7.9618, while the lowest was 7.4471.
Wise, which is our recommended service to send money online from Spain to China offers an exchange rate that is only 0.01% 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 better option for money transfers from Spain to China.
Sending money via a bank transfer with a company such as Revolut for transfers from Spain to China allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Revolut is the best provider for bank transfers of the 14 we tested when sending EUR to China.
With an average fee of EUR0 to send money from Spain to China, Revolut offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to China with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Spain to China, competing among a total of 14 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Spain to China, emerges as our top choice of the 14 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment 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.
Money transfer company reviews
