"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."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Instant transfers to Visa & MasterCard. Over 35,000 reviews on TrustPilot."
Overall best option: Wise
Wise is our recommended company for sending money to Gibraltar from EUR.
Of the 3 companies that support EUR to GIP, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Spain to Gibraltar searches, consistently scoring as one of the best ways to send EUR to GIP.
So for a great mix of cost, speed & features, send Euros to Gibraltar using Wise.
How to send money from Spain to Gibraltar
Considerations for money transfers from Spain to Gibraltar
Comparing providers offering services between Spain and Gibraltar, based on your specific needs is the best way to send money with confidence.
Our comparison includes 3 companies that provide the ability to send Euro to Gibraltar.
This ensures you get the best options for transfers to Gibraltar from Spain, based on the amount you want to send.
Cheapest way to send money to Gibraltar from Spain: Ria Money Transfer
The cost is a combination of an average fee of 4* EUR and an exchange rate for converting Euro to Gibraltar Pound that is 2.8% different to the mid-market rate.
On average, Ria Money Transfer is 0.1% cheaper than the second-best option.
We would recommend Ria Money Transfer for low cost, affordable transfers from Gibraltar Pounds to Gibraltar.
*The most common fee applied to EUR-GIP by Ria Money Transfer, based on data from the past six months.
Fastest money transfers to Gibraltar from Spain: TransferGo.
Through our research, we found TransferGo to be the quickest way to send EUR into Gibraltar Pound in 90% of instances. For fast transfers between EUR and GIP, TransferGo is generally a good option.
Money transfers from Spain to Gibraltar through TransferGo have an average fee of 0 EUR.
To confirm that TransferGo was the 'fastest' option we compared 3 money transfer providers for overall speed of sending money from Spain to Gibraltar. This was made up of depositing Euro to a money transfer account and transfer times to Gibraltar.
When sending quickly is a priority, TransferGo is our recommended choice for sending into Gibraltar from Spain.
Transfer a large amount of money
Wise is the strongest option for large transfers of the 3 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Spain to Gibraltar can become expensive through your bank or with the wrong provider.
Our data shows Wise as the best choice for sending large sums of money to Gibraltar from Spain.
Understanding the cost of moving money to Gibraltar from Spain
The total cost of money transfers to Gibraltar 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-GIP is 0.8209 GIP per Euro.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Gibraltar Pound for your Euros.
On average for the last three months, the EUR-GIP mid-market rate has been 0.8531 GIP per Euro. This hit a high of 0.8671, and a low of 0.8217.
From the 3 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 GIP.
Fees: Some money transfers between Spain and Gibraltar will be subject to fees. Ria Money Transfer has had an average fee of 4 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 Gibraltar Pound eventually received in Gibraltar.
This number should guide you, as a higher amount of money received in Gibraltar means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to Gibraltar Pound
When transferring money between EUR and GIP, timing can make a huge difference. The exchange rate you secure impacts how much GIP 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 GIP has fluctuated slightly. On average, it was 0.8531.
Across this six month period, the highest value recorded was 0.8671, while the lowest was 0.8217.
Wise, which is our recommended service to send money online from Spain to Gibraltar offers an exchange rate that is only 1.27% above the mid-market rate.
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Funding your Spain to Gibraltar money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Gibraltar 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 Gibraltar.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to GIP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.