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"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Instant transfers to Visa & MasterCard. Over 35,000 reviews on TrustPilot."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 88.9% of Spain to Equatorial Guinea searches in the last 6 months, and was the top rated company out of 9 that support EUR to XAF.
So for a great blend of cost, speed & features, make your Spain to Equatorial Guinea transfer using Wise.
How to get the best deal on your Spain to Equatorial Guinea transfer
- Always compare rates
Money transfers to Equatorial Guinea should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to Equatorial Guinea.
- Choose a provider
Select the provider that offers you the best value on your Euro & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Equatorial Guinea.
Summary of recent searches
Considerations when sending from Spain to Equatorial Guinea
Comparing money transfer companies with services between Spain and Equatorial Guinea, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 9 providers providing services between Spain and Equatorial Guinea. This ensures you will get the best options when sending CFA Franc BEAC to Equatorial Guinea.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Equatorial Guinea will provide a specific provider that’s best for transferring money from Spain.
Cheapest way to send money to Equatorial Guinea from Spain: Revolut
The cost is a combination of an average fee of 0* EUR and an exchange rate for converting Euro to CFA Franc BEAC that is 0.17% different to the mid-market rate.
On average, Revolut is 0.2% cheaper than the second-best option.
We would recommend Revolut for low cost, affordable transfers from CFA Franc BEACs to Equatorial Guinea.
*The most common fee applied to EUR-XAF by Revolut, based on data from the past six months.
Fastest way to send money from Spain to Equatorial Guinea: TransferGo.
Data from the last six months shows TransferGo to be the quickest way to send money from Spain to CFA Franc BEAC in 88.9% of searches. For fast transfers between EUR and XAF, TransferGo comes highly recommended.
Using TransferGo for fast transfers from Spain to Equatorial Guinea has an average fee of 0 EUR.
Within our comparison we looked at the 9 money transfer providers offering transfers from Spain to Equatorial Guinea. Within this we looked at overall speed of sending money from Spain to Equatorial Guinea after depositing Euro to a money transfer account.
When faster money transfers are a priority, TransferGo is our recommended choice for sending into Equatorial Guinea from Spain.
Send large sums of money
From the 9 options we compared, Wise offers the strongest all round option for large transfers to Equatorial Guinea from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from CFA Franc BEACs to CFA Franc BEAC.
As such, we recommend Wise for large transfers between Equatorial Guinea and Spain.
Understanding the cost of moving money to Equatorial Guinea from Spain
The total cost of money transfers to Equatorial Guinea from Spain, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for EUR-XAF is 654.7659 XAF per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more CFA Franc BEAC for your Euros.
On average for the last three months, the EUR-XAF mid-market rate has been 655.8624 XAF per Euro. This hit a high of 661.3841, and a low of 652.878.
From the 9 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 XAF.
Fees: Some money transfers between Spain and Equatorial Guinea will be subject to fees. Remitly has had an average fee of 0 EUR per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of CFA Franc BEAC eventually received in Equatorial Guinea.
This number should guide you, as a higher amount of money received in Equatorial Guinea means a better overall cost of sending money from Spain.
How to find the best exchange rate for Euro to CFA Franc BEAC
Timing is essential for sending money between EUR and XAF. The exchange rate you secure impacts how much XAF you get for your EUR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from EUR to XAF has seen some fluctuation. On average, it stood at 655.8624.
During this period, the highest value recorded was 661.3841, while the lowest was 652.878.
Wise, which is our recommended service to send money online from Spain to Equatorial Guinea offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best EUR-CFA Franc BEAC 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 Equatorial Guinea!
Funding your Spain to Equatorial Guinea money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Spain to Equatorial Guinea.
By using a money transfer company such as Revolut for transfers from Spain to Equatorial Guinea, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Revolut is the cheapest way to send money via a bank transfer. This is of the 9 companies we tested when sending EUR to Equatorial Guinea.
With an average fee of 0 EUR to send money from Spain to Equatorial Guinea, Revolut offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Equatorial Guinea with a debit or a prepaid card is easy with Wise.
Wise is a leading money transfer company for debit card payments, and offers transfers from Spain to Equatorial Guinea.
Credit cards
When it comes to sending money with a credit card from Spain to Equatorial Guinea, Wise is our top choice of the 9 companies offering this service.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 Equatorial Guinea 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 Equatorial Guinea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to XAF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
