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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 57.1% of Spain to El Salvador searches, and was the top rated company out of 8 that support EUR to USD.
So for a great mix of cost, speed & features, make your Spain to El Salvador transfer using Wise.
How to get the best deal on your Spain to El Salvador transfer
Summary of recent searches
Important things to consider before sending money from Spain to El Salvador
Don't settle for the first option. Always compare ways to send money from Spain to El Salvador to find out about fees, speed, and reliability.
Our analysis included 8 providers that operate between Spain and El Salvador.
Through this, you get a comprehensive view of all the options you have in Spain when you need to send money to El Salvador.
Cheapest way to send money to El Salvador from Spain: Instarem
Data collected over the past six months show that Instarem is 0.7% cheaper than the second-best option.
The €0.66 transfer cost represents the most common fee for EUR to USD international transfers, based on data from the past six months.
If you want to secure the best rates on a EUR to El Salvador transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to EUR-USD by Instarem, based on data from the past six months.
Fastest way to send money from Spain to El Salvador: TransferGo
Our data shows that TransferGo came up as the fastest way to send money from Spain to El Salvador in 71.4% of searches. This makes them well suited to urgent EUR to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Spain to El Salvador - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, TransferGo is your best choice at the moment. This service emerged as the quickest way to send money to El Salvador from Spain in 71.4% 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 El Salvador, it’s the provider that will keep you safe and relaxed while your money moves into USD.
Understanding the costs involved when moving money from Spain to El Salvador
When calculating the costs of money transfers between Spain and El Salvador, here's what really matters:
The Mid-Market Rate: Today, the EUR-USD mid-market rate equals to 1.063915 USD per Euro. Keep in mind that this rate fluctuates all the time.
The EUR-USD average exchange rate of the past three months has been 1.0871 USD per Euro, with a high of 1.1133 and a low of 1.0465.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent EUR to USD rates that are only 0% away from the average.
How to find the best exchange rate for Euro to US Dollar
Timing is essential sending money between EUR and USD. 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 exchange rate from EUR to USD has seen some fluctuation. On average, it stood at 1.0871.
During this period, the highest value recorded was 1.1133, while the lowest was 1.0465.
Wise, which is our recommended service to send money online from Spain to El Salvador offers an exchange rate that is only 0.03% above the mid-market rate.
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Payment methods available to fund your Spain to El Salvador transfer
Bank transfers
Bank transfers are often the default option for sending money from Spain to El Salvador.
By using a money transfer company such as Instarem for transfers from Spain to El Salvador, 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 8 we tested when sending EUR to El Salvador.
With an average fee of EUR0.4 to send money from Spain to El Salvador, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to El Salvador 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 El Salvador, competing among a total of 8 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Spain to El Salvador, Wise emerges as our top choice of the 8 companies offering this service.
Our comparison engine's last six months of data on EUR to USD searches show Wise has been ranked as the cheapest provider.
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 El Salvador and Spain.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 El Salvador .
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
