.svg)
"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."
"Instant transfers to Visa & MasterCard. Over 35,000 reviews on TrustPilot."
.svg)
"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."
Best option: Wise
We tested & reviewed 12 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of Spain to Ecuador searches, and was the top rated company supporting money transfers between EUR and USD.
For a great mix of cost, speed & features, transfer from Spain to US Dollar using Wise.
Getting the best deal on your Spain to Ecuador transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from Spain to Ecuador.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Spain and Ecuador.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Ecuador.
Summary of recent searches
Considerations for money transfers from Spain to Ecuador
Comparing providers offering services between Spain and Ecuador, based on your specific needs is the best way to send money with confidence.
Our comparison includes 12 companies that provide the ability to send Euro to Ecuador.
This ensures you get the best options for transfers to Ecuador from Spain, based on the amount you want to send.
Cheapest way to transfer money to Ecuador from Spain: Western Union
Data collected over the past six months shows that Western Union is 0.8% cheaper than the second-best option.
Western Union offers this through a combination of an average 0* EUR fee per transfer and exchange rate between EUR-USD that is -0.65% different to the mid-market rate
If you want the cheapest way to send Euro to Ecuador, Western Union is our recommended choice.
*The most common fee applied to EUR-USD by Western Union, based on data from the past six months.
Fastest money transfers to Ecuador from Spain: TransferGo.
Through our research, we found TransferGo to be the quickest way to send EUR into US Dollar in 56% of instances. For fast transfers between EUR and USD, TransferGo is generally a good option.
Money transfers from Spain to Ecuador through TransferGo have an average fee of 0 EUR.
To confirm that TransferGo was the 'fastest' option we compared 12 money transfer providers for overall speed of sending money from Spain to Ecuador. This was made up of depositing Euro to a money transfer account and transfer times to Ecuador.
When sending quickly is a priority, TransferGo is our recommended choice for sending into Ecuador from Spain.
Need to make a large transfer?
Wise is the best option for large transfers of the 12 providers compared.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Ecuador, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Spain to Ecuador
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Spain to Ecuador.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more US Dollar for your Euro. The current EUR-USD mid-market rate is 1.0395 USD per Euro.
This rate changes regularly so it can pay to track it. For comparison, the EUR-USD mid-market rate for the past three months has averaged 1.0832 USD per Euro, with a low of 1.0353 and a high of 1.1208.
Western Union is currently offering the best exchange rate from the 12 companies compared.
Often the EUR-USD exchange rate you pay is the biggest cost factor when transferring Euros to Ecuador.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Euro you’re sending to Ecuador. Western Union currently has the lowest fees for transfers into USD at an average of 0 EUR over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in US Dollar is the biggest indicator of the total cost of sending money to Ecuador from Spain. The bigger the amount received in Ecuador, the lower the overall cost of sending from Spain.
Getting best exchange rate for transferring Euro to US Dollar
When transferring money between EUR and USD, timing can make a huge difference. The exchange rate you secure impacts how much USD 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 USD has fluctuated slightly. On average, it was 1.0832.
Across this six month period, the highest value recorded was 1.1208, while the lowest was 1.0353.
Wise, which is our recommended service to send money online from Spain to Ecuador offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best EUR-US Dollar 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 Ecuador!
Paying for your Spain to Ecuador transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Spain to Ecuador.
By using a money transfer company such as Western Union for transfers from Spain to Ecuador, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union is the cheapest provider for bank transfers from the 12 we tested when sending EUR to Ecuador.
With an average fee of 0 EUR to send money from Spain to Ecuador, Western Union offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Ecuador with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Spain to Ecuador.
Credit cards
For credit card transfers from Spain to Ecuador, Xe is our top choice of the 12 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ecuador 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 Ecuador.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
