.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."
"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."
"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."
Best way to send: Wise
We tested & reviewed 11 money transfer companies offering services between Spain and Ethiopia, and Wise scored highly.
In total, Wise appeared in 94.3% of Spain to Ethiopia searches, and was the top rated company out of 11 that support transfers into Ethiopian Birr.
So for a great mix of cost, speed & features, make your Spain to Ethiopia transfer using Wise.
How to compare companies offering money transfers from Spain to Ethiopia
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Spain to Ethiopia. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Ethiopia.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Spain to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from Spain to Ethiopia
A comparison of providers offering services between Spain and Ethiopia, 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 11 providers that provide services for sending Euro to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia 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 Ethiopia.
Cheapest way to send money to Ethiopia from Spain: Dahabshiil
The cost is a combination of an average fee of 4.99* EUR and an exchange rate for converting Euro to Ethiopian Birr that is -9.23% different to the mid-market rate.
On average, Dahabshiil is -10067.8% cheaper than the second-best option.
We would recommend Dahabshiil for low cost, affordable transfers from Ethiopian Birrs to Ethiopia.
*The most common fee applied to EUR-ETB by Dahabshiil, based on data from the past six months.
Fastest money transfers to Ethiopia from Spain: Paysend.
Through our research, we found Paysend to be the quickest way to send EUR into Ethiopian Birr in 48.6% of instances. For fast transfers between EUR and ETB, Paysend is generally a good option.
Money transfers from Spain to Ethiopia through Paysend have an average fee of 0 EUR.
To confirm that Paysend was the 'fastest' option we compared 11 money transfer providers for overall speed of sending money from Spain to Ethiopia. This was made up of depositing Euro to a money transfer account and transfer times to Ethiopia.
When sending quickly is a priority, Paysend is our recommended choice for sending into Ethiopia from Spain.
Need to make a large transfer?
Wise is the best option for large transfers of the 11 providers compared.
While Wise may not always be the cheapest or fastest way to send EUR from Spain to Ethiopia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Ethiopia from Spain
Fees and exchange rates make up the total cost of sending money from Ethiopia to Ethiopia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current EUR-ETB mid-market rate is 131.8553 ETB per Euro. You will get more Ethiopian Birr for your Euros if you find a provider close to this number.
For context, over the last three months the EUR-ETB mid-market rate has had a high of 133.8424, a low of 62.086 and averaged 121.9766 ETB per Euro.
Across the 11 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting EUR to ETB will be the biggest determining factor when working out the cost of transferring Euros to Ethiopia.
Fees: Transfer fees are charged as part of the transfer. WorldRemit at an average of 4.99 EUR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Ethiopian Birr eventually received in Ethiopia. You can assume that a lower cost of sending from Spain will result in more money received in Ethiopia.
Getting best exchange rate for transferring Euro to Ethiopian Birr
When transferring money between EUR and ETB, timing can make a huge difference. The exchange rate you secure impacts how much ETB 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 ETB has fluctuated slightly. On average, it was 121.9766.
Across this six month period, the highest value recorded was 133.8424, while the lowest was 62.086.
Wise, which is our recommended service to send money online from Spain to Ethiopia offers an exchange rate that is only -0.1% above the mid-market rate.
Want to secure the best EUR-Ethiopian Birr 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 Ethiopia!
Funding your Spain to Ethiopia money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Spain to Ethiopia.
By using a money transfer company such as Dahabshiil for transfers from Spain to Ethiopia, 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, Dahabshiil is the cheapest way to send money via a bank transfer. This is of the 11 companies we tested when sending EUR to Ethiopia.
With an average fee of 0 EUR to send money from Spain to Ethiopia, Dahabshiil offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to Ethiopia 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 Ethiopia.
Credit cards
When it comes to sending money with a credit card from Spain to Ethiopia, Wise is our top choice of the 11 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 Ethiopia 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 Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
