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Send money from Spain to India
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Card-to-card transfers can be received in just two minutes."
"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"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."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
HSBCRecipient gets (INR)₹677,545.46Not recommended
PayPalRecipient gets (INR)₹645,651.51Not recommended
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Our recommendation: Wise
We tested & reviewed 16 money transfer providers offering money transfers from Spain to India, and Wise scored highly.
Sending 7,000 EUR to INR will cost you €43.57 in fees, and you will receive 697,048.2 INR. The delivery time usually is within an hour, but it depends on the day you make the transfer.
For a great mix of cost, speed & features, we recommend making your Spain to India transfer using Wise.
How to compare deals on Spain to India money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Spain to India.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from Spain. Your funds will be converted to Indian Rupee and transferred to India.
Summary of recent searches
Considerations for money transfers from Spain to India
Comparing providers offering services between Spain and India, based on your specific needs is the best way to send money with confidence.
Our comparison includes 16 companies that provide the ability to send Euro to India.
This ensures you get the best options for transfers to India from Spain, based on the amount you want to send.
Cheapest way to send money to India from Spain: Profee
The cost is a combination of a fee of 0 EUR and an exchange rate for converting Euro to Indian Rupee that is 0.05% different to the mid-market rate.
We found that Profee is 0.21% cheaper than the second-best option.
We would recommend Profee for low cost, affordable transfers from Indian Rupees to India.
Fastest company to send money to India from Spain: Wise.
For example, if you send 7,000 EUR with Wise to India now, the transfer time is within an hour. Smaller transfers will likely be quicker, while larger transfers to India can take slightly longer.
Sending money through Wise to India from Spain has a fee of 43.57 EUR.
To understand who was the fastest, we tested Wise as part of 16 money transfer providers. Within this, we looked at the overall speed of sending money from Spain to India. This was made up of transfer times to India after Euros were added to a money transfer account.
When fast money transfers between Spain and India are a priority, Wise is our recommended choice.
Send large sums of money abroad with Currencies Direct
From the 16 options we compared, Currencies Direct offers the strongest all-round option for large transfers to India from Spain.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Indian Rupees to Indian Rupee.
As such, we recommend Currencies Direct for large India transfers.
Understanding the costs involved when moving money from Spain to India
The total cost of sending money to India from Spain is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for EUR-INR is 100.241 INR per Euro.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Euros.
The EUR-INR mid-market rate over the last 7 days has seen the Euro worth an average 99.9982 INR. Within this there has been a high of 100.1868, and a low of 99.7583.
From 16 companies compared, Revolut offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to INR.
Fees: When sending money there may be additional fees. Profee offers the lowest fee of the 16 providers tested, costing justs 0 EUR per transfer.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Spain.
Getting best exchange rate for transferring Euro to Indian Rupee
When transferring money between EUR and INR, timing can make a huge difference. The exchange rate you secure impacts how much INR you get for your EUR.
Let's dive into some interesting recent trends.
In the last week, the mid-market rate from EUR to INR has fluctuated slightly. On average, it was 99.9982.
Across this 7 days, the highest value recorded was 100.1868, while the lowest was 99.7583.
Wise, which is our recommended service to send money online from Spain to India offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best EUR-Indian Rupee exchange rates?
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Funding your Spain to India money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Spain to India.
By using a money transfer company such as Profee for transfers from Spain to India, 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, Profee is the cheapest way to send money via a bank transfer. This is of the 16 companies we tested when sending EUR to India.
With a fee of 0 EUR to send money from Spain to India, Profee offers a decent combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Spain to India 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 India.
Credit cards
We recommend avoiding credit card transfers due to high fees, and instead, you should consider a bank transfer or a debit card deposit.
However, if you do need to use a credit card to fund your transfer, use our comparison tool to get the latest deal.
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 India 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 India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
