How to send money to France from Spain: The best & cheapest ways

The exchange rate determines the price you’ll pay for Euro when you send Euro to France.

The current exchange rate between the Euro and Euro is 1. Profee offers the best exchange.

The EUR-EUR exchange rate is always moving.

It’s possible that waiting a day or two can help you get more EUR for the same amount of Euro. But, the best way to lock in a price between Spain and France is by using a forward contract.

A debit card is our recommended option for money transfers between Spain and France. Profee offers the best price on a debit card.

A debit card to France through Profee is 0% cheaper than the second-best option in the market.

Always choose providers that are regulated by financial authorities in both Spain and France to ensure funds are protected.

Please refer to our directory of financial regulators worldwide for key regulatory bodies for money transfers between Spain and France.

Some services have minimum or maximum thresholds on how much you can transfer from Spain to France.

Companies will offer different rates and fees for different transfer amounts. Some companies will become more expensive after certain thresholds are hit.

We’d recommend using Wise if you need to send large amounts of EUR to France. The combination of rates and fees when sending to France is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving Spain, or entering France. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive money in France. You can do a direct bank deposit, cash pickup, use a mobile wallet or receive money into a multi-currency account. It’s likely not all providers serving transfers from Spain to France will offer every method, so it’s best to check ahead of time.

A direct transfer to a bank account is one of the more common ways to transfer from Spain into Euro. Wise is the best company for bank transfers between Spain and France.

And if you need cash right away, check if cash pickup is an option for transfers between Spain and France.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Profee.

When signing up to a money transfer company to send between Spain and France, you will need to verify your ID.

The exact documents you need might vary and in some cases you will need more than one.

For the most part, in Spain this will be a government ID like a passport or driver's license. In France it will be a similar set of documents, although this should only be needed if you are opening a new account in France, or collecting in cash.

Big transactions between Spain and France, are subject to additional checks. A provider may ask you for proof of address or may want to know where the money comes from.

We recommend Wise in part due to their easy sign up process in Spain.

When sending large amounts of money between Spain and France there will be tax implications to consider.

Some transfers into Euro may need to be reported to tax authorities in France, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances differ in France based on age, income and a few other elements. When in doubt, please contact a tax professional in Spain or France to discuss your personal circumstances.